July 2023 Retirement Board Meeting
As a result of the extension of the Open Meeting Law Waivers, and while the Board transitions from virtual meetings only to in-person meetings, this meeting of the Plymouth Retirement Board is being conducted in the hybrid fashion. Those who wish to attend this meeting in-person, the meeting begins at 8:30 a.m.
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 June 30, 2023 Regular Session
Minutes of June 30, 2023 Executive Session
Warrants:
Warrant #5 Dated May 31, 2023 $3,358,596.44 Final
Warrant #6 Dated June 30, 2023 $2,128,771.93 Partial
Warrant #7 Dated July 31, 2023 $2,234266.52 Partial
Warrant #8 Dated August 31, 2023 $ 6,753.00 Partial
Trial Balance as of May 31, 2023 $227,840,275.85
Accounting & Banking Reports Presented to Board for Review:
May 2023 RTC Checking & Money Market Accts Treasurer’s Reconciliations
May 2023 Rockland Trust Checking & Money Market Acct Statements
May 2023 Trial Balance
May 2023 Cash Receipts
May 2023 Cash Disbursements
May 2023 Adjustments
January – May 2023 Reconciliation of Supplemental Schedule
Public Comment:
New/Old Business:
PERAC Memos:
Memo #15/2023: 91A Prosper Tasks
Memo #16/2023: Mandatory Retirement Board Member Training – 3rd Quarter 2023
Investments:
Portfolio update through June 30, 2023
Section II: Membership:
New Hires:
Town:
9% Cofske, Bruce, Group 2, Wiring Inspector
Perm. Full-time: $1,254.60 weekly
Start Date: July 17, 2023
9% Correa, Kristen, Group 1, Administrative Secretary-Assessing
Perm. Full-time: $949.53 weekly
Start Date: July 31, 2023
9% Eaton, Benjamin, Group 1, Inspector/Lister-Assessing
Perm. Full-time: $1,157.62 weekly
Start Date: July 18, 2023
9% Riordan, Linda, Group 1, Shared Services Coordinator-Public Health
Grant Full-time: $1,434.49 weekly
Start Date: July 3, 2023
9% Rodrigues, Daniel, Group 1, Laborer-Cemetery
Perm. Full-time: $950.36 weekly
Start Date: July 10, 2023
School:
9% Ferretti, Stephanie, Group 1, Cafeteria Worker
Perm. Full-time: $1,066.52 bi-weekly
Start Date: August 28, 2023
PHA:
9% Shute, Austin, Group 1, Maintenance
Perm. Full-time: $2,378.40 bi-weekly
Start Date: June 19, 2023
Refunds:
Town:
Keane, Cornelius, Group 1, Inspector/Lister
Four (4) Months Creditable Service (9/20/2021-2/15/2022)
Total Refund Including FWT: $3,219.22
School:
Lopes, Sonya, Group 1, Custodian
Refund of deductions paid to the Retirement System for supplemental pay while receiving Workers’ Compensation benefits.
Total Refund Including FWT: $568.06
Payson, Spencer, Group 1, Instructional Aide
Ten (10) Months Creditable Service (10/9/2012-8/26/2013)
Total Refund Including FWT: $1,445.78
Rollovers:
School:
Burgio, David, Group 1, Maintenance Custodial Floater
Five (5) Years, Six (6) Months Creditable Service (2/1/2016-8/20/2021)
Total Rollover Amount: $26,594.97
Retirements:
Town:
Becker, David, Group 1, DPW-Meter Reader/Repair Person
Twenty-Five (25) Years, Four (4) Months Creditable Service
Superannuation Retirement: opt B
Retirement Date: July 7, 2023
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 of Paul Alden.