October 27, 2017 - Retirement Board Meeting Agenda

Section I: Regular Business:

Minutes:

Minutes of September 22, 2017                                              Regular Meeting

Minutes of September 22, 2017                                              Executive Session

Warrants: 

Warrant #8/2017:                                                        $ 11,991,598.38 Final

Warrant #9/2017:                                                        $   5,925,289.00 Partial

Warrant #10/2017:                                                      $      274,223.02 Partial

Warrant #11/2017:                                                      $ 1,126,382.75 Partial

Trial Balance:                                                              $168,598,625.08

Public Comment:

New/Old Business:

PERAC MEMOS:

Memo #30/2017: Mandatory Retirement Board Member Training – 4th Quarter 2017

Memo #31/2017: Appropriation Data Due October 31, 2017

Memo #32/2017: Tobacco Company List

Section II: Membership:

Request for Creditable Service:

Mary Ferreira, Group 1, School Department Main Office Secretary, has requested that the Board grant her 1 month service for the period of January 20, 2017 through June 23, 2017 while she as on an approved leave of absence and did not receive service.

New Hires:

Town:

9%       Carbone, Anna, Group 1, Administrative Secretary-Wastewater

            Perm. Full-time: $802.38 weekly

            Start Date: October 3, 2017

9%       McCollem, Marlene, Group 1, Assistant Town Manager

            Perm. Full-time: $1,826.92 weekly

            Start Date: October 4, 2017

9%       O’Brien, Lisa, Group 1, Administrative Secretary-Assessors

            Perm. Full-time: $752.24 weekly

            Start Date: November 6, 2017

9%       Parker, Allen, Heavy Motor Equipment Operator-Water

            Perm. Full-time: $819.20 weekly

            Start Date: October 16, 2017

School:

9%       Campbell, Kathleen, Group 1, Parent/Child Educator

            Perm. Full-time: $1,433.96 bi-weekly

            Start Date: September 5, 2017

9%       Caple, Kimberly, Group 1, Resource & Referral Specialist

            Perm. Full-time: $1,389.35 bi-weekly

            Start Date: September 5, 2017

9%       Tarrant, Andrea, Group 1, Dispatcher

            Perm. Full-time: $741.87 weekly

            Start Date: October 2, 2017     

Buybacks:

School:

McNamara, Evan, Group 1, TV Studio Technical Assistant, has requested a buyback of four (4) years of prior Military Service.

Total Buyback Amount: $16,000.00

Refunds:

Town:

Donovan, Joseph, Group 1, Heavy Motor Equipment Operator

One (1) Year, One (1) Month Creditable Service (8/26/2016-9/29/2017)

Total Refund Including FWT: $13,868.29

Hernandez, Francis, Group 1, Former Custodian

Thirteen (13) Years, Nine (9) Months Creditable Service (8/6/1999-5/17/13)

Payable to Lisa M. Hernandez, Spouse and Designated Beneficiary

Date of Death: August 8/21/2017

Total Refund Including FWT: $24,719.00

Larsen, Adam, Group 4, Police Officer

Refund of Non-Taxable Deductions paid towards an incomplete Military Buyback

Mr. Larsen resigned on August 5, 2016

Total Refund: $4,880.00

McCarthy, Tracey, Group 1, Administrative Assistant

Four (4) Years, One (1) Month Creditable Service (7/18/2013-9/5/2017)

Total Refund Including FWT: $15,864.13

School:

Roark, Lois, Group 1, Special Needs Aide

Six (6) Months Creditable Service (11/25/2005-6/13/2006)

Total Refund Including FWT: $433.83                    

Transfers:

Town:

Larsen, Adam, Group 4, Police Office

Eleven (11) Years, Six (6) Months Creditable Service (1/24/2005-8/5/2016)

Transfer to State Retirement Board: $76,167.68

School:

Smith-Debaggis, Cynthia, Group 1, Special Needs Aide

Ten (10) Years Creditable Service (10/27/2003-11/15/2003)

Transfer to Plymouth County Retirement Board: $8,862.66

Retirements:

Town:

Bagni, Gloria, Group 1, Crossing Guard

10 years, 2 Creditable Service

Superannuation retirement, opt b

Retirement Date: September 21, 2017

Goodwin, Dana, Group 4, Police Officer

45 Years Creditable Service

Superannuation retirement, opt c

Retirement Date: September 30, 2017

Lightbody, Joan, Group 1, Police Dept Admin Asst

32 years service

Superannuation retirement, opt c

Retirement date: October 27, 2017

School:

Kelly, Harriett, Group 1, Paraprofessional

24 Years Creditable Service

Superannuation retirement, opt b

Retirement Date: October 13, 2017

Zuberer, Janice, Group 1, Security Receptionist

12 years, 1 Month Creditable Service

Superannuation Retirement, opt a

Retirement Date: October 5, 2017

Nielsen, Robin, M, Group 1, Paraprofessional

18 Years, 4 Months Creditable Service

Superannuation retirement, opt. c

Retirement Date: November 10, 2017

Ferreira, Mary, Group 1, Main Office Secretary

16 years, 11 months service

Superannuation retirement, option a

Retirement date: October 31, 2017

Next Meeting: 11/17/2017