December 18, 2015 - Retirement Board Regular Meeting Agenda

Section I: Regular Business:

Minutes:

Minutes of October 28, 2015 Investment Review Visits-Offsite
Minutes of November 20, 2015 Regular Meeting
Minutes of November 20, 2015 Executive Session

Warrants:

Warrant # 10, Dated October 31, 2015: $ 3,196,944.77 Final
Warrant # 11, Dated November 30, 2015: $ 1,511,935.48 Partial
Warrant # 12, Dated December 31, 2015: $ 86,117.39 Partial
Warrant # 1, Dated January 31, 2016: $ 3,873.13 Partial

Trial Balance for October 31, 2015 $144,998,237.06

Public Comment:

Section II: General Correspondence:

PERAC Memo's

Memo #25/2015: Tobacco Company List

Investments:

Board to discuss and vote to accept the amendment to extend existing contract term, consistent with the recent amendment to Section 23B:

• Boston Advisors extended to May 28, 2022

Investment Manager Reviews:

Follow-up Custody RFP's

8:30- Boston Partners Large Cap Value Fund
Derek Dolan, Relationship Manager

9:00- BlackRock Global Allocation Fund
Robert Rdzak, VP/Relationship Manager
Simon Rafferty, Global Allocation Strategist

9:30-Intercontinental REIF IV
Devin Sullivan, Director, Institutional Services

10:00- PRIT Real Estate, Hedge Funds and Vintage Year Private Equity
Paul Todisco, Senior Client Services Officer

Legal:

Atty. Sacco will discuss the Deborah Silva, former Group 1, Custodian DALA decision

Section III: Membership:

Section 15 Hearing:

Shawn Coughlin former Group 4, Police Officer, terminated on October 17, 2012, has requested a refund of his Annuity Savings Account. Accumulated Deductions Total: $98,575.10.

New Hires:

School:

South, David, Group 1, Voc. Instructional Assistant
Perm. Full-time, $810.49 bi-weekly
Start Date: November 30, 2015

Transfers:

Town:

Massard, Valerie, Group 1, Town Planner
10 Years, 11 Months Creditable Service (3/1/02-6/1/13)
Total Transfer to Plymouth County Retirement Board: $73,382.81

Refunds:

School:

Barrie, Edward, Group 1, Engineering Aide
1 Year, 1 Month Creditable Service (9/11/14-10/16/15)
Total Refund Including FWT: $1,788.27

Rollovers:

School:

McGrath, Marie, Group 1, Paraprofessional
9 Months Creditable Service (8/27/14-6/25/15)
Total Rollover Amount: $1,329.34

Retirements:

Town:

Britto, Marcia, Group 1, Administrative Secretary-Assessors
33 years service,
Superannuation retirement, opt b
Retirement date: December 18, 2015

Leandro, Joseph Jr., Group 1, DPW Bldg. Maintenance Craftsman
34 years, 4 months service
Superannuation retirement, opt a
Retirement date: December 31, 2015

School:

Mills, Sheila, Group 1, Main Office Aide
21 years, 3 months service
Superannuation, opt c
Retirement date: December 18, 2015

Sullivan, Roberta, Group 1, Custodial Floater
19 years, 11 months service
Superannuation retirement, opt b
Retirement date: December 31, 2015

Smith, Lawrence, Group 1, Custodian
10 years, 2 months service
Superannuation retirement, opt b
Retirement date: December 31, 2015

Section IV: New Business:

Section V: Executive Session:

Pursuant to MGL Chapter 30A, Section 21 (a)(3), and(5) the Board will enter into executive session to discuss and vote the application for ordinary disability benefits of Roland Santos, Group 4, former Police Department Lieutenant.

Pursuant to MGL Chapter 30A, Section 21 (a)(3), and(5) the Board will enter into executive session to discuss and vote the application for ordinary disability benefits of Joseph Burkhead, Group 1, School Department Custodian.

Pursuant to MGL Chapter 30A, Section 21 (a)(3), and(5) the Board will enter into executive session to hear from its Attorney regarding ongoing litigation.

Next Meeting: