July 26, 2019 Retirement Board Meeting
Section I: Regular Business:
Minutes:
Minutes of May 31, 2019 Regular Meeting
Minutes of May 31, 2019 Executive Session
Minutes of June 21, 2019 Regular Meeting
Warrants:
Warrant #5 Dated May 31, 2019 $ 3,275,476.99 Final
Warrant #6 Dated June 30, 2019 $ 1,698,484.30 Partial
Warrant #7 Dated July 31, 2019 $ 4,543,698.52 Partial
Warrant #8 Dated August 31, 2019 $ 2,376,000.00 Partial
Trial Balance as of April 30, 2019: $171,343,161.03
Public Comment:
New/Old Business:
PERAC Emerging Issues Forum:
PERAC 2019 Emerging Issues Forum, September 12, 2019, College of the Holy Cross
PERAC MEMOS:
Memo #18/2019: Audits
Memo #19/2019: Mandatory Retirement Board Member Training – 3rd Quarter 2019
Memo #20/2019: Reinstatement to Service under G.L.c. 32 sec 105
Investments:
Anthony Tranghese will give a Portfolio Update and Review.
Section II: Membership:
Survivor Application for Opt. D Benefits:
Mark Fornaciari, survivor and spouse of Lisa Fornaciari, has applied for Option D survivor benefits. Ms. Fornaciari died June 29, 2019 and has 18 years, 3 months creditable service.
Post Retirement Earnings:
John Rogers, former Police Department Captain, will be present to discuss post retirement earnings with the Board.
New Hires:
Town:
Bazarewsky, Todd, Group 4, Police Officer
Perm. Full-time: $996.32 weekly
Start Date: July 8, 2019
Bosse, Roni, Group 1, Administrative Assistant – Emergency Mgmt
Perm. Full-time: $820.46 weekly
Start Date: July 15, 2019
Doherty, James, Group 1, Operations Manager-DPW Maintenance Division
Perm. Full-time: $1,372.11 weekly
Start Date: July 15, 2019
Linscott, Joseph, Group 4, Police Officer
Perm. Full-time: $996.32 weekly
Start Date: July 8, 2019
Vickery, Paul, Group 1, Town Planner
Perm. Full-time: $1,281.50 weekly
Start Date: July 22, 2019
Wetterberg, Patrick, Group 4, Police Officer
Perm. Full-time: $996.32 weekly
Start Date: July 8, 2019
School:
Gordon, Alex, Group 1, Custodian
Perm. Full-time: $1,623.19 bi-weekly
Start Date: June 6, 2019
PHA:
Crocker, Tevin, Group 1, Maintenance
Perm. Full-time: $1,183.68 bi-weekly
Start Date: July 1, 2019
Transfers:
Town:
Fontaine, Alita, Group 4, Police Officer
One (1) Month Creditable Service (2/4/2019-3/5/2019)
Total Transfer to Barnstable County Retirement: $392.24
School:
LeBlanc, Zachary, Group 1, Paraprofessional
Two (2) Years, One (1) Months Creditable Service (5/2/2016-6/22/2018)
Total Transfer to Plymouth County Retirement Board: $6,586.49
3(8)(c ) Liability:
Gregory Perry, former Substitute Teacher for Plymouth Public Schools is currently a member of the State Board of Retirement. Mr. Perry worked a total of 166 hours as a Substitute Teacher for the period of November 1993 through February 1995. Mr. Perry was never appointed and was not allowed membership into the Plymouth Retirement System. If proper repayment of deductions and interest is made, will the Board take 3(8)(c ) Liability for Mr. Perry?
Jonathan Yule, former Police Officer is currently a member of the Needham Contributory Retirement System. Mr. Yule worked from November 15, 2010 to November 5, 2012, and took a refund of his deductions on September 27, 2013 in the amount of $5,897.56. If proper deductions and interest are re-deposited, will the Board take 3(8)(c ) Liability for one (1) year, eleven (11) months creditable service?
Retirements:
Town:
Souza, Donna C., Group 1, Center for Active Living-Administrative Assistant
Ten (10) Years Creditable Service
Superannuation Retirement: opt c
Retirement Date: July 12, 2019
Gomes, Antonio D., Group 4, Lieutenant
Thirty-Two (32) Years Creditable Service
Superannuation Retirement: opt c
Retirement Date: July 5, 2019
Williamson, Steven, E. Group 4, Fire Fighter
Thirty-Two (32) Years Creditable Service
Superannuation Retirement: opt c
Retirement Date: July 13, 2019
School:
Oliveira, Richard M., Group 1, Custodian
Ten Years Creditable Service
Superannuation Retirement: opt. b
Retirement Date: July 7, 2019
Zoccolante, Carol T., Group 1, Special Education Clerical Aide
Sixteen Years (16), Five (5) Months Creditable Service
Superannuation Retirement: opt b
Retirement Date: June 25, 2019
Section III:
Executive Session:
Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into executive session to discuss ongoing litigation.