January 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 December 29, 2023 Regular Session
Minutes of December 29, 2023 Executive Session
Warrants:
Warrant #11 Dated November 30, 2023 $ 2,886,481.29 Final
Warrant #12 Dated December 31, 2023 $ 2,757,955.99 Partial
Warrant #1 Dated January 31, 2024 $ 99,823.19 Partial
Warrant #2 Dated February 29, 2024 $ 6,753.00 Partial
Trial Balance as of November 2023: $238,216,976.95
November 2023 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 #30/2023: Mandatory Retirement Board Member Training – 1st Quarter 2024
Memo #1/2024: 840 CMR 10:10(3) & 10:15(1)(c)–Annual Review of Medical Testing Fee
Memo #2/2024: 2024 Interest Rate set at 0.1%
Memo #3/2024: Required Minimum Distribution: Now Age 73 for This Year’s Notifications
Memo #4/2024: 2024 Limits under Chapter 46 of the Acts of 2002
Memo #5/2024: 2024 Limits under Section 23 of Chapter 131 of the Acts of 2010
Memo #6/2024: COLA Notice
Investments:
Portfolio Update and Review
Section II: Membership:
New Hires:
Town:
9% Hyder, Constance, Group 1, Librarian
Perm. Full-time: $1,096.77 weekly
Start Date: January 8, 2024
9% Inacio, Amy, Group 1, Educational & Career Advisor/CCR Instructor-Library (Non-Union)
Grant Funded Full-time: $1,087.50 weekly
Start Date: January 2, 2024
9% Wilson, Emily, Group 1, Assistant Commissioner of Health and Human Services
Perm. Full-time: $ 1,892.01 weekly
Start Date: January 2, 2024
School:
9% Currier, Jessica, Group 1, Paraprofessional
Perm. Full-time: $953.03 bi-weekly
Start Date: January 3, 2024
9% Dunner, Marjorie, Group 1, Paraprofessional (Rehire)
Perm. Full-time: $1,158.10 bi-weekly
Start Date: January 22, 2024
9% Leonardo, Bailey, Group 1, Custodian
Perm. Full-time: $1,921.60 bi-weekly
Start Date: January 2, 2024
9% Mulkern, Lindsay, Group 1, Paraprofessional
Perm. Full-time: $1,368.66 bi-weekly
Start Date: January 16, 2024
PHA:
Retirements:
Town:
Kierstead, Randy, Group 4, Fire Lieutenant
Thirty (30) Year of Creditable Service
Superannuation Retirement: opt C
Retirement Date: 3/15/2024
Carver, Robin, Group 1, Town Planner
Ten (10) Years, One (1) Month of Creditable Service
Superannuation Retirement: opt B
Retirement Date: March 22, 2024
School:
Wood, James, Group 1, 1st Shift Custodian
Ten (10) Years Creditable Service
Superannuation Retirement: opt C
Retirement Date: January 31, 2024
Next Meeting:
February 23, 2024
Attorney Sacco has requested the Board Schedule Meeting Dates through December 2024
Executive Session:
Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into Executive Session to discuss ongoing litigation.