January 25, 2019 Retirement Board Meeting

Section I: Regular Business:

Minutes:

Minutes of December 21, 2018                                              Regular and Investment Meeting                   

Warrants

Warrant #11 Dated November 30, 2018                                 $ 3,112,615.20 Final              

Warrant #12 Dated December 31, 2018                                 $ 1,697,875.66 Partial                        

Warrant #1 Dated January 31, 2019                                       $   389,678.32 Partial

Warrant #2 Dated February 1, 2019                                       $       4,084.34 Partial                         

Trial Balance as of November 30, 2018:                    $181,474,293.14                                            

Public Comment:

New/Old Business:

Landlord Tenant Agreement Discussion

PERAC MEMOS:

Memo #35/2018: 2018 Disability Data

Memo #1/2019: 840 CMR 10:10(3) & 10:15(4) – Annual Review of Medical Testing Fee

Memo #2/2019: Mandatory Retirement Board Member Training – 1st Quarter 2019

Memo #3/2019: 2019 Limits under Chapter 46 of the Acts of 2002

Memo #4/2019: 2019 Limits under Section 23 of Chapter 131 of the Acts of 2010

Memo #5/2019: COLA Notice

Memo #6/2019: Actuarial Data

Investments:

Anthony Tranghese will give a portfolio review and update

Section II: Membership:

New Hires:

Town:

9%       Bethanis, Dimitris, Group 1, Dispatcher

            Perm. Full-time: $783.23 weekly

            Start Date: January 14, 2019

9%       Cyr, Stefan, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

9%       Daubert, Jason, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

9%       Dean, Justin, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

 

9%       DiCarlo, Anthony, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

9%       DiCarlo, Robert, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

9%       Dowling, Jr., Sean, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

9%       Dunphy, Jason, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

9%       Flynn, Joseph, Group 4, Firefighter

            Perm. Full-time: $1,037.83weekly

            Start Date: February 18, 2019

9%       Fontaine, Alita, Group 4, Police Officer

            Perm. Full-time: $996.32 weekly

            Start Date: February 4, 2019

9%       Galofaro, Joseph, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

9%       Janczewski, Joshua, Group 1, Maintenance Worker – Forestry

            Perm. Full-time: $787.35 weekly

            Start Date: January 7, 2019

9%       Leonard, William, Group 4, Police Officer

            Perm. Full-time: $996.32 weekly

            Start Date: February 4, 2019

9%       Marcel, Jonathan, Group 1, Dispatcher

            Perm. Full-time: $783.23 weekly

            Start Date: January 14, 2019

9%       Palm, Jon, Group 1, Building Custodian – Police Dept.

            Perm. Full-time: $757.38 weekly

            Start Date: January 9, 2019

9%       Prince, Michael, Group 1, Motor Equipment Operator-Highway

            Perm. Full-time: $757.38 weekly

            Start Date: December 31, 2018

9%       Rossi, Tabor, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

9%       Savioa, John, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

9%       Flynn, Joseph, Group 4, Firefighter

            Perm. Full-time: $1,037.83weekly

            Start Date: February 18, 2019

9%       Fontaine, Alita, Group 4, Police Officer

            Perm. Full-time: $996.32 weekly

            Start Date: February 4, 2019

9%       Galofaro, Joseph, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

9%       Janczewski, Joshua, Group 1, Maintenance Worker – Forestry

            Perm. Full-time: $787.35 weekly

            Start Date: January 7, 2019

9%       Leonard, William, Group 4, Police Officer

            Perm. Full-time: $996.32 weekly

            Start Date: February 4, 2019

9%       Marcel, Jonathan, Group 1, Dispatcher

            Perm. Full-time: $783.23 weekly

            Start Date: January 14, 2019

9%       Palm, Jon, Group 1, Building Custodian – Police Dept.

            Perm. Full-time: $757.38 weekly

            Start Date: January 9, 2019

9%       Prince, Michael, Group 1, Motor Equipment Operator-Highway

            Perm. Full-time: $757.38 weekly

            Start Date: December 31, 2018

9%       Rossi, Tabor, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

9%       Savioa, John, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

            Start Date: January 14, 2019

9%       Trefry, Brian, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

9%       Weymouth, Michael, Group 4, Firefighter

            Perm. Full-time: $1,037.83 weekly

            Start Date: February 18, 2019

School:

9%       Cohen, Lauren, Group 1, Student Support Services/Technology Education Secretary

            Perm. Full-time: $1,338.97 bi-weekly

            Start Date: February 4, 2019

9%       Kiefer, Danielle, Group 1, Cook

            Perm. Full-time: $990.78 bi-weekly

            Start Date: January 2, 2019

Retirements:

Town:

Winterson, John F., Group 4, Firefighter

Thirty (30) Years, Four (4) months Creditable Service

Superannuation Retirement: opt b

Retirement Date: January 17, 2019

Bubbins, Edward, S., Group 1, Superintendent Parks

Twenty-Six (26) Years Creditable Service

Superannuation Retirement: opt b

Retirement Date: January 26, 2019

Walsh, Christopher, W., Group 1, Pump Station Operator

Twenty-One Years, Two Months Creditable Service

Superannuation Retirement: opt c

Retirement Date: January 11, 2019

School:

Drever, Susan, Group 1, Technology Secretary

Twenty-six (26) years, One (1) month creditable service

Superannuation Retirement: opt a

Retirement date: February 20, 2019

Section III:

Executive Session:

Pursuant to MGL Chapter 30A, Section 21 (a)(1), the Board will enter into executive session to vote the Ordinary Retirement Disability Application of retired Police Officer Paul Higgins.

Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into executive session to discuss ongoing litigation.