January 2022 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 24, 2021 Executive Session
Minutes of September 24, 2021 Regular Session
Warrants:
Warrant #11 Dated November 30, 2021 $12,982,366.38 Partial
Warrant #12 Dated December 31, 2021 $ 15,997,566.15 Partial
Warrant # 1 Dated January 31, 2021 $ 104,407.54 Partial
Warrant # 2 Dated February 28, 2022 $ 6,365.40 Partial
Trial Balance as of November 30, 2021 $ 243,407,965.06
November 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 #34/2021: 2021 Disability Data
Memo #35/2021: 840 CMR 10:10(3) & 10:15(1)(c )-Annual Review of Medical Testing Fee
Memo #1/2022: Fraud Attempt
Memo #2/2022: 2022 Limits Under Chapter 46 of the Acts of 2002
Memo #3/2022: 2022 Interest Rate set at 0.1%
Memo #4/2022: 2022 Limits Under Section 23 of Chapter 131 of the Acts of 2010
Memo $4a/2022: Clarification of Previous COLA Notice Memo
Memo #5/2022: 2022 Interest Rate set at 0.1%
Memo #6/2022: Mandatory Retirement Board Member Training – 1st Qtr 2022
Memo #7/2022: Buybacks & Make-up Repayment Worksheets
Investments:
Anthony Tranghese from Fiducient Advisors will give a Portfolio Update & Review
Actuarial Services:
Board to discuss the RFP for actuarial services RFP process & respondents
Board to discuss January 1, 2022, valuation inquiry from John Boorack of PERAC.
Section II: Membership:
New Hires:
Town:
9% Emberely, Debora, Group 1, Administrative Secretary – Collector/Treasurer
Perm. Full-time: $798.28 weekly
Start Date: January 19, 2022
9% Kennedy, Jean, Group 1, Librarian
Perm. Full-time: $923.92 weekly
Start Date: January 14, 2022
9% Presby, Melissa, Group 1, Administrative Secretary-Inspectional Service
Perm. Full-time: $798.28 weekly
Start Date: December 27, 2021
9% Walsh, Michael, Group 1, Dispatcher
Perm. Full-time: $831.16 weekly
Start Date: December 27, 2021
School:
9% Anti, Sean, Group 1, Custodian
Perm. Full-time: $1,655.65 bi-weekly
Start Date: January 3, 2022
9% Harrington, Margaret, Group 1, Paraeducator
Temp. Full-time: $1,022.45 bi-weekly
Start Date: January 3, 3022
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% Melchionda, Lauren, Group 1, Paraeducator
Perm. Full-time: $968.84 bi-weekly
Start Date: December 17, 2021
9% Sorensen, Matthew, Group 1, Paraeducator
Perm. Full-time: $1,022.45 bi-weekly
Start Date: January 3, 2022
9% Wildman, Christi-Lynn, Group 1, Paraeducator
Perm. Full-time: $1,022.45 bi-weekly
Start Date: January 3, 2022
Refunds:
Town:
Tripp. Christopher, Group 4, Firefighter
Partial Refund for Overpayment.
Total Refund Amount: $194.66
School:
Baker, Nicholas, Group 1, Custodian
One (1) Year, Two (2) Months Creditable Service (9/14/2020-12/13/2021)
Total Refund Including FWT: $5,296.42
Retirements:
Town:
Wood, Stephanie, Group 1, Library Technician
Thirty-Three (33) Years, Nine (9) Months Creditable Service
Superannuation Retirement: opt b
Retirement Date: January 3, 2022
School:
Cushing, Virginia, Group 1, Paraprofessional
Eighteen (18) Years, Two (2) Months Creditable Service
Superannuation Retirement: opt b
Retirement Date: February 25, 2022
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 Officer Thomas Kelley.
Pursuant to MGL Chapter 30A, Section 21 (a)(1), The Board will enter into Executive Session to vote the Accidental Disability Retirement Application for Officer David Feurtado Jr.
Pursuant to MGL Chapter 30A, Section 21 (a)(1), The Board will enter into Executive Session to vote the Section 9 Survivor Benefits application for Corinne Draffone, widow of Dennis Draffone.