March 24, 2017 - Retirement Board Meeting Agenda
Section I: Regular Business:
Minutes:
Minutes of February 24, 2017 COLA Meeting
Minutes of February 24, 2017 OPEB Meeting
Minutes of February 24, 2017 Executive Session
Minutes of February 24, 2017 Regular Meeting
Warrants:
Warrant # 1 Dated January 31, 2017 $ 6,087,933.96 Final
Warrant # 2 Dated February 28, 2017 $ 2,043,433.98 Partial
Warrant # 3 Dated March 31, 2017 $ 120,628.51 Partial
Warrant #4 Dated April 30, 2017 $ 3,911.19 Partial
Trial Balance as of January 31, 2017 $ 154,180,838.14
Public Comment:
New/Old Business:
PERAC MEMOS:
Memo #14/2017: Compliance Training on PERAC’s New System, PROSPER
PERAC Annual Statement:
Board to review 2016 PERAC Annual Statement
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Third Party Monitoring:
Board to discuss securities litigation contract.
Investments:
Tony Tranghese from FIA will discuss investment performance for month ended February 28,
2017 & portfolio review.
Section II: Membership:
New Hires:
Town:
9% Bernabeo, Michael, Group 1, Motor Equipment Operator-Highway
Perm. Full-time: $735.32 weekly
Start Date: March 13, 2017
9% Coe, Margaret, Group 1, Administrative Secretary
Perm. Full-time: $730.32 weekly
Start Date: March 27, 2017
Retirements:
Town:
Roberts, Michelle J., Group 1, Director of Public Health
18 Years, 6 Months Creditable Service
Superannuation opt. b
Retirement Date: March 1, 2017
Audette, Michelle, Group 4, Police Officer
33 Years, 2 Months Creditable Service
Superannuation opt. c
Retirement Date: March 24, 2017
Section IV: Executive Session:
Pursuant to MGL Chapter 30A, Section 21 (a)(1). The Board will enter into executive session to
hold a hearing on the Regional Medical Panel findings for the Involuntary Accidental Disability
Application of Ralph Patterson.
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Pursuant to MGL Chapter 30A, Section 21 (a)(1). The Board will enter into executive session to
hold an Evidentiary Hearing on the Involuntary Accidental Disability Application of Chad
McGee.
Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into executive session to
hear from its Attorney regarding ongoing litigation.
Section 91 Excess Earnings Hearings:
Robert Pomeroy and Michael Daley