February 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 January 31, 2025 COLA Vote
Minutes of January 31, 2025 Regular Session
Minutes of January 31, 2025 Executive Session
Warrants:
Warrant # Dated , December 31, 2024 $ 3,492,920.23 Final
Warrant # Dated , January 31, 2025 $ 2,517,501.54 Partial
Warrant # Dated , February 28, 2025 $ 689,082.06 Partial
Warrant # Dated, March 1, 2025 $ 7,164.26 Partial
Trial Balance as of December 2024: $ 277,011,711.22
December 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:
Investments:
Performance Update and Review
Section II: Membership:
New Hires;
School:
9% Feeney, Todd, Group 1, 7D Van Driver
Minimum 20 hours per week
Pay Varies
9% Iodice, Ruth, Group 1, 7D Van Driver
Minimum 20 hours per week
Pay Varies
9% Litvay, Patrice, Group 1, 7D Van Driver
Minimum 20 hours per week
Pay Varies
9% Litvay, Patrice, Group 1, 7D Van Driver
Minimum 20 hours per week
Pay Varies
9% Morlan, Adrienne, Group 1, 7D Van Driver
Minimum 20 hours per week
Pay Varies
Refunds:
Town:
Aguilar, Martin, Group 1, Laborer-Cemetery
One (1) Year, Two (2) Months Creditable Service (8/2/201-12/5/2022)
Total Refund including FWT: $4,945.90
Bates, Joseph, Group 1, Inspector/Lister
Two (2) Months Creditable Service (12/3/2018-2/6/2019)
Total Refund Including FWT: $812.24
Belmore, Robert, Group 1, Administrative Secretary – Treasury
Two (2) Months Creditable Service (10/8/2024-12/13/2024)
Total Refund Including FWT: $951.79
Dutra, Eliomar, Group 1, Service Tech/Mechanic
Two (2) Years, Three (3) Months Creditable Service (7/18/2022-11/1/2024)
Total Refund Including FWT: $12,259.05
MacKay, Michael, Group 1, Dispatcher
One (1) Month Creditable Service (11/8/2013-12/19/2013)
Total Refund Including FWT: $399.25
Rossi, Connor, Group 4, Police Officer
Four (4) Years, Four (4) Months Creditable Service (8/3/2020-12/31/2024)
Total Refund Including FWT: $38,359.26
School:
Mallon, Kara, Group 1, Paraprofessional
Eight (8) Years, Two (2) Months Creditable Service (2/5/2007-1/23/2020)
Total Refund Including FWT: $16,036.21
Transfers:
Town:
Sullivan, Christopher, Group 1, Maintenance Worker-Parks & Forestry
Six (6) Years, Nine (9) Months Creditable Service (12/4/2017-9/6/2024)
Total Transfer to Barnstable County Retirement: $39,207.49
Buybacks:
Town:
Baragwanath, Brian, Group 4, Firefighter, has requested to purchase four (4) years of Military Service. Total Military Buyback amount is $17,574.13
Goldberg, Joseph, Group 1, Memorial Hall Event Manager, has requested to purchase two (2) years of Military Service. Total Military Buyback Amount is: $8,369.92
School:
Mackenzie, Noelle, Group 1, CNA/Health Aide, has requested to purchase a prior refund of four (4) years, nine (9) months creditable service with the Barnstable County Retirement System. Barnstable County will take liability for this service.
Total Buyback Amount is: $11,816.54
Mackenzie, Noelle, Group 1, CNA/Health Aide, has requested to purchase prior pert-time service with the Plymouth School Department of one (1) year, nine (9) months.
Total Buyback Amount is: $6,845.27
Retirements:
School:
Parsons, Karel, Group 1, Paraprofessional/
Twenty (20) Years, One (1) Month Creditable Service
Superannuation Retirement: Opt. B
Retirement Date: February 28, 2025
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 take witness testimony as it relates to the Accidental Disability Retirement Application of Joseph Dello Russo.