December 2024 Retirement Board Meeting

This meeting of the Town of Plymouth Retirement Board will be held in person.

Section I: Regular Business:

Minutes:

Minutes of November 22, 2024                      Regular Session

Minutes of November 22, 2024                      Executive Session                 

Warrants:       

Warrant # Dated October 31, 2024                             $ 6,425,070.99            Final

Warrant # Dated November 30, 2024                         $ 6,339,038.14            Partial

Warrant # Dated December 31, 2024                         $ 5,880,360.40            Partial

Warrant # Dated January 25, 2025                             $        6,955.59            Partial

Trial Balance as of October 31, 2024:                        $279,825,489.85                   

October 2024 Accounting & Banking Reports Presented to Board for Review:

Rockland Trust Checking & Money Market Acct Statements

Rockland Trust Checking & Money Market Acct Treasurer’s Reconciliations

Trial Balance

Cash Receipts

Cash Disbursements

Adjustments

Public Comment:

New/Old Business:

PERAC Memos:

Memo #30/2024:         Cybersecurity Training

Memo #31/2024:         2024 Disability Data Changes

Proposed 2025 Budget

Board to approve final proposed 2025 Budget

Section II: Membership:

New Hires:

Town:

9%       Barrett, Thomas, Group 1, Airport Operations

            Perm. Full-time: $1,063.58 weekly

            Start Date: November 22, 2024

9%       Brady, Patrick, Group 4, Police Officer

            Perm. Full-time: $1,280.66 weekly

            Start Date: January 13, 2025

9%       Burke, Jared, Group 4, Police Officer

            Perm. Full-time: $1,280.66 weekly

            Start Date: January 13, 2025

9%       Coolidge, McKenna, Group 4, Police Officer

            Perm. Full-time: $1,280.66 weekly

            Start Date: January 13, 2025

9%       Espinola, Joseph, Group 4, Police Officer

            Perm. Full-time: $1,280.66 weekly

            Start Date: January 13, 2025

9%       Ford, Kristin, Group 1, CPC/COPC Coordinator

            Perm. Full-time: $1,271.08 weekly (revised)

            Start Date: November 18, 2024

9%       Gatie, Justin, Group 4, Police Officer

            Perm. Full-time: $1,280.66 weekly

            Start Date: January 13, 2025

9%       Grogan, Joseph, Group 4, Police Officer

            Perm. Full-time: $1,280.66 weekly

            Start Date: January 13, 2025

9%       Humfries, Logan, Group 4, Police Officer

            Perm. Full-time: $1,280.66 weekly

            Start Date: January 13, 2025

9%       Kearney, Aaron, Group 1, Crime Analyst

            Perm. Full-time: $1,378.66 weekly

            Start Date: January 6, 2025

9%       Ronni, Samuel, Group 4, Police Officer

            Perm. Full-time: $1,280.66 weekly

            Start Date: January 13, 2025

9%       Viscariello, Nathan, Group 4, Police Officer

            Perm. Full-time: $1,280.66 weekly

            Start Date: January 13, 2025

School:

9%       Colletti, Nicholas, Group 1, Custodian

            Perm. Full-time: $1,998.40 bi-weekly

            Start Date: December 9, 2024

9%       Diodato, Kim, Group 1, Route Bus Driver

            Perm. Full-time: hours vary; $31.20/hour

            Start Date: November 25, 2024

9%       Edlin, Maria, Group 1, Cafeteria Worker

            Perm. Full-time: $1,051.26 bi-weekly

            Start Date: January 2, 2025

9%       Hackett, Alicia, Group 1, Paraprofessional

            Perm. Full-time: $1,120.77 bi-weekly

            Start Date: December 16, 2024

9%       Ketterer, Jillian, Group 1, Paraprofessional   

            Perm. Full-time: $941.85 bi-weekly

            Start Date: January 2, 2025

9%       Macri, Joseph. Group 1, Custodian

            Perm. Full-time: $1,998.40 bi-weekly

            Start Date: December 9, 2024

Refunds:

School:

Moulton, Brian, Group 1, Custodian

Five (5) Years, Eight (8) Months Creditable Service (10/13/2015-8/18/2023)

Total Refund Including FWT: $26,330.86

Sheehan, Brendan, Group 1, In-School Suspension Supervisor

One (1) Year, Eight (8) Months Creditable Service (10/31/2022-6/13/2024)

Total Refund Including FWT: $10,106.00

Transfers:

Town:

Larson, Jill, Group 1, Administrative Assistant-Highway

Four (4) Years, Five (5) Months Creditable Service (12/17/2019-6/30/2023 and 11/13/2023-11/1/2024)

Total Transfer to Falmouth Retirement System: $26,898.71

School:

Kiefer, Danielle, Group 1, Cook

Five (5) Years, Nine (9) Months Creditable Service (1/2/2019-11/1/2024)

Total Transfer to Plymouth County Retirement Assoc: $14,293.51

McKay, Lisa, Group 1, Special Needs Aide

Two (2) Months Creditable Service (9/3/1997-11/3/1997)

Total Transfer to Barnstable County Retirement: $92.69

Buybacks:

Town:

Glowka, Michael, Group 4, Police Dept., has requested to purchase four (4) years of Military Service. Total Military Buyback Amount is $15,325.44.

Sexton, Nathaniel, Group 4, Fire Dept., has requested to purchase one (1) year of Military Service. Total Military Buyback Amount is $5,136.80.

Thompson, April, Group 1, Social Outreach Worker, has requested to purchase two (2) years, one (1) month of prior service with the Town of Plymouth.

Total Service Buyback Amount is $7,268.69.

Retirements:

Town:

Martin, Margaret, Group 1, COA Administrative Assistant

Fourteen (14) Years, Seven (7) Months Creditable Service

Superannuation Retirement: Opt. C

Retirement Date: December 31, 2024

 

Dunn, Anne, Group 1, Director of Assessing

Thirty-Seven (37) Years, Five (5) Months Creditable Service

Superannuation Retirement: Opt. C

Retirement Date: December 27, 2024

 

*Changed Retirement Date*

Balboni, Timothy, Group 1, Highway Superintendent

Twenty-Nine (29) Years and Five Months (5) Creditable Service

Superannuation Retirement: option C

Retirement Date: December 2, 2024

 

*Changed Retirement Date*

Machado, Daniel, Group 1, Special Heavy Equipment Operator

Thirty-Eight (38) Years, Two (2) Months Creditable Service

Superannuation Retirement: Opt. B

Retirement Date: December 3, 2024

 

Moschella, Evelyn, Group 1, Librarian

Fourteen (14) Years, Ten (10) Months Creditable Service

Superannuation Retirement: Opt. B

Retirement Date: January 1, 2025

School:

Cabral, Judy, Group 1, Paraeducator

Eighteen, (18) Years, Two (2) Months Creditable Service

Superannuation Retirement: Opt: C

Retirement Date : December 31, 2024

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 hold an Evidentiary Hearing on the Involuntary Disability Retirement Application of Brian Wright.