December 2020 Retirement Board Meeting
Pursuant to Governor Baker’s March 12, 2020 Order Suspending Certain Provisions of the Open Meeting Law, G.L. c. 30A, §18, and the Governor’s March 15, 2020 Order imposing strict limitations on the number of people that may gather in one place, this meeting of the Plymouth Retirement Board is being conducted via remote participation. No in-person attendance of members of the public will be permitted, but every effort will be made to ensure that the public can adequately access the proceedings as provided for in the Order.
Any member of the public that wishes to join the Plymouth Retirement Board Meeting remotely may call the Retirement Office at (508) 830-4170 or send an email to:
Section I: Regular Business:
Minutes:
Minutes of October 30, 2020 Executive Session
Minutes of November 12, 2020 Executive Session
Warrants:
Warrant #10 Dated October 31, 2020 $ 2,559,349.46 Final
Warrant #11 Dated November 30, 2020 $ 1,956,828.98 Partial
Warrant #12 Dated December 31, 2020 $ 44,429.16 Partial
Warrant # 1 Dated January 31, 2020 $ 6,180.00 Partial
Trial Balance as of October 31, 2020 $ 198,824,313
October 2020 Accounting Reports Presented to Board for Review:
Trial Balance
Cash Receipts
Cash Disbursements
Adjustments
Rockland Trust Statements: Money Market & Checking Acct
Treasurer’s Reconciliation – Money Market & Checking Acct
Public Comment:
New/Old Business:
Discussion: Reschedule the cancelled December 4, 2020, Meeting
COLA VOTE FY/2022:
Board to schedule COLA vote for FY/2022
Investments:
DiMeo Schneider & Associates, L.L.C.:
Tony Tranghese, CFA, Managing Partner, Director of Institutional Consulting
Performance Update – Capital Markets Flash
Annual Manager Reviews
8:45 Barings Floating Rate Income
Mike Ziobrowski – Product Manager
Joel Ayee – Associate Director
9:00 Ameriprise/Columbia High Yield
Chris Jorel – Client Portfolio Manager
Joseph Dougherty – Senior Relationship Manager
9:15 Rhumbline S&P 500 Pooled Index
Denise D’Entremont – President, General Partner
9:30 Aristotle
Keri Hepburn – Vice President of Institutional Sales
Aylon Ben-Shlomo - Client Portfolio Manager
9:45 PRIM
Francesco Daniele – Senior Client Services Officer
Section II: Membership:
New Hires:
Town:
Savage, Bruce, Group 1, Dispatcher
Perm. Full-time: $831.16 weekly
Start Date: December 7, 2020
Tobin, Jacquelyn, Group 1, Administrative Secretary
Perm. Full-time: $798.28 weekly
Start Date: December 14, 2020
School:
Galandzi, Ashley, Group 1, Paraeducator
Perm. Full-time: $1,075.68 bi-weekly
Start Date: November 4, 2020
Keane, Shaelen, Group 1, Paraeducator
Perm. Full-time: $661.57 bi-weekly
Start Date: November 23, 2020
Miller, Kevin, Group 1, Custodian
Perm. Full-time: $1,655.65 bi-weekly
Start Date: December 7, 2020
Transfers:
Town:
Centrella, Christina, Group 1, Program Coordinator/Fiscal Manager
Seven (7) Years, Ten (10) Months Creditable Service (9/24/2012-8/13/2020)
Total Transfer to Plymouth County Retirement Association: $23,620.60
Refunds:
Town:
Jacobs, Renee, Group 4, Police Officer
One (1) Year, Five (5) Months Creditable Service (2/27/2017-8/1/2018)
Total Refund Including FWT: $7,686.80
Jesse, Johnathan, Retired Group 4, Police Officer
Refund of One (1) Month of Intermittent Police Service per Gomes Decision
Refund Amount: $23.77
Refund Date: December 31, 2020
Audette, Michelle, Retired Group 4, Police Officer
Refund of Seven (7) Months of Intermittent Police Service per Gomes Decision
Refund Amount: $161.25
Refund Date: December 31, 2020
School:
DeMille, William, Group 1, Custodian
Four (4) Months Creditable Service (8/21/2017-1/11/2018)
Total Refund Including FWT: $1,467.10
Retirements:
Town:
Harris, Jennifer, Group 1, Library Director
Thirty-Three (33) years, Two (2) Months Creditable Service
Superannuation Retirement: opt b
Retirement date: January 12, 2021
Danner, Thomas, Group 1, Survey Engineer GIS Technician
Thirty-One (31) Years, One (1) Month Creditable Service
Superannuation Retirement: opt c
Retirement Date: December 31, 2020
Fernandes, Arthur, Group 4, Police Sergeant
Thirty-Two (32) Years, Eight (8) Months Creditable Service
Superannuation Retirement: opt c
Retirement Date: January 4, 2021
School:
Frizzell, Christine, Group 1, Part-Time Para-educator
Twenty (20) Years, Eleven (11) Months Creditable Service
Superannuation Retirement: opt c
Retirement Date: 11/24/2020
Baker, Maureen, Group 1, Main Office Secretary
Twenty-One (21) Years, Four (4) Months Creditable Service
Superannuation Retirement: opt b
Retirement Date: December 31, 2020
Executive Session:
Pursuant to MGL Chapter 30A, Section 21 (a)(1). The Board will enter into Executive Session to vote the Accidental Disability Application of Daniel Schlecht.