September 25, 2015 - Retirement Board Regular Meeting Agenda
Section I: Regular Business:
Minutes:
Minutes of August 21, 2015 Regular Board Meeting
Minutes of August 21, 2015 Executive Session
Warrants:
Warrant # 7, Dated July 31, 2015: $ 11,935,453.23 Final
Warrant # 8, Dated August 31, 2015: $ 3,953,189.97 Partial
Warrant # 9, Dated September 30, 2015: $ 2,499,835.35 Partial
Warrant #10, Dated October 31, 2015: $ 3,778.66 Partial
Public Comment:
Section II: General Correspondence:
PERAC:
GASB 67 & 68 Exhibits prepared by James Lamenzo of PERAC. Exhibits are based on actuarial valuation performed on January 1, 2013 & rolled forward to December 31, 2014.
PERAC Memo's
Memo #19/2015: Proposed Regulations Regarding Disability Retirement (840 CMR 10.00) and Retirement Board Election (840 CMR 7.00)
Memo #20/2015: Tobacco Company List
Lease Extension:
Board to review and vote the Amendment of Lease for the office space at 10 Cordage Park Suite #240, Plymouth, MA.
Investments:
Anthony Tranghese of FIA will be present and will discuss the following items:
• Portfolio update through August 31, 2015
• Review of potential custody services search
• Review of off-site manager interviews October 28, 2015
Section III: Membership:
New Hires:
Town:
Coombes, Andrue. Group 1, Social/Outreach Worker
Perm. Full-time, $787.82 weekly
Start Date: September 2, 2015
Frizzell, Hayley, Group 1, Administrative Secretary
Perm. Full-time, $698.54 weekly
Start Date: September 8, 2015
Mayo, Nicholas, Group 1, Local Building Inspector
Perm. Full-time, $1002.20 weekly
Start Date: September 1, 2015
School:
Anzalone, Tracy, Group 1, Paraprofessional
Perm. Full-time, $924.87 bi-weekly
Start Date: September 1, 2015
Bolle, Jennifer, Group 1, Secretary
Perm. Full-time, $1153.39 bi-weekly
Start Date: August 18, 2015
Braun, Denise, Group 1, Paraprofessional
Perm. Full-time, $924.83 bi-weekly
Start Date: September 1, 2015
Brown, Amy, Group 1, Secretary
Perm. Full-time, $1,376.73 bi-weekly
Start date: August 10, 2015
Byrne, Brian, Group 1, Education Production Mgr
Perm. Full-time, $2307.70 bi-weekly
Start Date: August 24, 2015
Caruso-Stracco, Antonietta, Group 1, Paraprofessional
Perm. Full-time, $736.61 bi-weekly
Start Date: September 1, 2015
Cicchetti, Karen, Group 1, Paraprofessional
Perm. Full-time, $628.12 bi-weekly
Start Date: September 1, 2015
Coombs, Cynthia, Group 1, Paraprofessional
Perm. Full-time, $924.83 bi-weekly
Start Date: September 1, 2015
Donovan, Lori, Group 1, Paraprofessional
Perm. Full-time, $924.83 bi-weekly
Start Date: September 1, 2015
Fratus, Tanya, Group 1, Cafeteria Worker
Perm. Full-time, $1,111.43 bi-weekly
Start Date: September 1, 2015
Frechette, Galynn, Group 1, Paraprofessional
Perm. Full-time, $669.60 bi-weekly
Start Date: September 1, 2015
Goonan, Emily, Group 1, Media & Communications Specialist
Perm. Full-time, $2,045.45 bi-weekly
Start Date: August 21, 2015
Groom, Jessica, Group 1, Paraprofessional
Perm. Full-time, $616.38 bi-weekly
Start Date: September 1, 2015
Hanson, Matthew, Group 1, Paraprofessional
Perm. Full-time, $924.89 bi-weekly
Start Date: September 1, 2015
Hilton, Patricia, Group 1, Paraprofessional
Perm. Full-time, $924.83 bi-weekly
Start Date: September 1, 2015
Johnson, Kathleen, Group 1, Paraprofessional
Perm. Full-time, $791.92 bi-weekly
Start Date: September 1, 2015
Mackay, Tracyann, Group 1, Paraprofessional
Perm. Full-time, $669.56 bi-weekly
Start Date: September 1, 201
McLoud, Nancy, Group 1, Paraprofessional
Perm. Full-time, $924.87 bi-weekly
Start Date: September 1, 2015
McNamara, Evan, Group 1, TV Studio Tech. Asst
Perm. Full-time, $1,538.47 bi-weekly
Start Date: August 18, 2015
Parks, Andrea, Group 1, Paraprofessional
Perm. Full-time, $924.83 bi-weekly
Start Date: September 1, 2015
Petrosino, Sean, Group 1, Paraprofessional
Perm. Full-time, $679.91 bi-weekly
Start Date: September 1, 2015
Reardon, Michele, Group 1, Paraprofessional
Perm. Full-time, $791.92 bi-weekly
Start Date: September 1, 2015
Ruley, Rosanne, Group 1, Paraprofessional
Perm. Full-time, $924.87 bi-weekly
Start Date: September 1, 2015
Stinchfield, Jennifer, Group 1, Paraprofessional
Perm. Full-time, $924.83 bi-weekly
Start Date: September 1, 2015
Vincent, Yona, Group 1, Paraprofessional
Perm. Full-time, $924.87 bi-weekly
Start Date: September 1, 2015
Walker, Maureen, Group 1, Paraprofessional
Perm. Full-time, $924.87 bi-weekly
Start Date: September 1, 2015
Wright, Marijane, Group 1, Paraprofessional
Perm. Full-time, $924.83 bi-weekly
Start Date: September 1, 2015
Zacchini, Beth, Group 1, Paraprofessional
Perm. Full-time, $924.83 bi-weekly
Start Date: September 1, 2015
Rollovers:
Town:
Discussion:
Shawn Coughlin, former group 4, Police Office, with 16 yrs, 10 months
creditable service, has requested to roll his annuity saving fund in the amount of
$103,055.58 into a qualified IRA.
School:
Gray, Maureen, Group 1, Cafeteria Worker
7 Years 6 Months Creditable Service (9/6/06-3/7/14)
Total Rollover Amount: $6,976.44
Retirements:
Town:
Oliva, Lorie, Group 1, Admin. Secretary
10 years service
Superannuation retirement, opt c
Retirement date: September 11, 2015
School:
Sheridan, Marcia, W., Group 1, Cafeteria Worker
24 years, 7 months
Superannuation retirement, opt b
Retirement Date: September 29, 2015
Section V: Executive Session:
Pursuant to MGL Chapter 30A, Section 21 (a)(3), and(5) the Board will enter into executive session to hold a disability evidentiary hearing for an Accidental Disability retirement application filed by Joseph Burkhead.
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: