December 2021 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 September 17, 2021 RFP Interviews-International Growth
Warrants:
Warrant #10 Dated October 31, 2021 $ 3,132,573.87 Final
Warrant #11 Dated November 30, 2021 $ 33,142,970.45 Partial
Warrant #12 Dated December 31, 2021 $ 14,079,597.74 Partial
Warrant # 1 Dated January 31, 2021 $ 6,365.40 Partial
Trial Balance as of October 31, 2021: $ 243,038,679.94
October 2021 Accounting Reports Presented to Board for Review:
Rockland Trust - Checking & Money Market Acct Statements
Treasurer’s Reconciliation – RTC Checking & Money Market Accts
Trial Balance
Cash Receipts
Cash Disbursements
Adjustments
Public Comment:
New/Old Business:
PERAC Memos:
Memo #32/2021: Cybersecurity and Internal Controls
Memo #33/2021: Tobacco Company List
Investments:
Anthony Tranghese from Fiducient Advisors will give a Portfolio Update & Review
Annual Manager Performance Reviews:
Boston Trust Walden Company 9:00 a.m.
Acadian Asset Management 9:15 a.m.
Aristotle Capital Management 9:30 a.m.
Section II: Membership:
Survivor Application for Opt. D Benefits:
Alan MacKenzie, survivor and spouse of Dawn-Marie MacKenzie, has applied for Option D survivor benefits. Ms. MacKenzie died October 29, 2021 and has 7 years, 2 months creditable service.
Survivor Application for Section 9 Benefits:
Jane Healy, survivor and spouse of John Healy, former Group 4 accidental disability retiree, died March 4, 2020. Mr. Healy retired under the Heart Law on July 16, 1994.
New Hires:
Town:
9% Calabro, Catherine, Group 1, Recreation Assistant
Perm. Full-time: $825.97 weekly
Start Date: December 14, 2021
School:
9% Burke, Emily, Group 1, Paraeducator
Temp. Full-time: $865.15 bi-weekly
Start Date: November 8, 2021
9% Civale, Danielle, Group 1, Paraeducator
Temp. Full-time: $1,142.65 bi-weekly
Start Date: November 15, 2021
9% Hoban, Ashley, Group 1, Paraeducator
Temp. Full-time: $1,142.65 bi-weekly
Start Date: November 19, 2021
9% McCauley, Cari-Anne, Group 1, Para-4 Registered Behavior Technician
Perm. Full-time: $1,799.86 bi-weekly
Start Date: December 13, 2021
9% Moroz, Kathleen, Group 1, Payroll Specialist
Perm. Full-time: $2,677.60 bi-weekly
Start Date: December 6, 2021
9% O’Rourke, Viviana, Group 1, Para-3 Strive
Temp. Full-time: $1,123.88 bi-weekly
Start Date: December 6, 2021
9% Owen, Kara, Group 1, Paraeducator
Temp Full-time: $1,097.92 bi-weekly
Start Date: November 3, 2021
9% Westgate, Joseph, Group 1, Custodian
Perm. Full-time: $1,656.00
Start Date: November 15, 2021
Refunds:
School:
Powers, AnnMarie, Paraprofessional
Five (5) Years, Seven (7) Months Creditable Service (11/27/2017-11/10/2020)
Total Refund Including FWT: $16,502.42
Reske, Deirde, Group 1, Paraprofessional
Twelve (12) Years, Seven (7) Months Creditable Service (10/30/2000-6/28/2013)
Total Refund Including FWT: $10,847.77
Rollovers:
School:
AnnMarie Gordon – Beneficiary Daniel Gordon, Jr.
Death Rollover to Daniel Gordon Jr. on behalf of deceased member AnnMarie Gordon
Total Rollover Amount: $7,269.11
AnnMarie Gordon – Beneficiary Allison Gordon
Death Rollover to Allison Gordon on behalf of deceased member AnnMarie Gordon
Total Rollover Amount: $7,055.31
AnnMarie Gordon – Beneficiary Jessica Gordon
Death Rollover to Jessica Gordon on behalf of deceased member AnnMarie Gordon
Total Rollover Amount: $7,055.31
Retirements:
Town:
Landers, Michael R., Group 1, Airport Operations for DPW
Sixteen (16) Years of Creditable Service
Superannuation Retirement: opt c
Retirement Date: December 4, 2021
School:
Strauch, Steven, H., Group 2, Electrician
Twenty-One (21) Years, One (1) Month Creditable Service
Superannuation Retirement: opt c
Retirement Date: December 31, 2021
Degrasse, Steven, Group 1, Second Shift Custodian
Ten (10) Years and Five (5) Months Creditable Service
Superannuation Retirement: opt b
Retirement Date: December 31, 2021
Almeida, Joanne P., Group 1, Payroll/Personnel Specialist
Twenty-Six (26) Years and Three Months of Creditable Service
Superannuation Retirement: opt c
Retirement Date: December 31, 2021
Executive Session:
Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into Executive Session to discuss ongoing litigation.
Pursuant to MGL Chapter 30A, Section 21 (a)(1), The Board will enter into Executive Session to vote the Accidental Disability Retirement Application for Sean Dowling.