June 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 February 25, 2022 Regular Meeting
Warrants:
Warrant #4 Dated April 30, 2022 $ 3,095,812.98 Final
Warrant #5 Dated May 31, 2022 $ 2, 184,480.28 Partial
Warrant #6 Dated June 30, 2022 $ 164,682.24 Partial
Warrant #7 Dated July 31, 2022 $ 6,556.00 Partial
Trial Balance as of April 30, 2022 $ 244,322,264
April 2022 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:
2021 PERAC Investment Report
PERAC Memos:
Memo #13/2022 2021 Salary Verification Request
Memo #14/2022 Supreme Judicial Court decisión in Vernava II - Attorney Sacco to discuss impact.
Memo #15/2022: Tobacco Company List
Memo #16/2022: Calendar Year 2022 Waiver of Section 91 Limits for Superannuation Retirees in the Public Sector
Investments:
Anthony Tranghese from Fiducient Advisors will give a Portfolio Update & Review and, discuss the investing of the upcoming Appropriation.
Section II: Membership:
New Hires:
Town:
9% Bennington, Natalie, Group 1, Library Technician
Perm. Full-time: $665.85 weekly
Start Date: June 6, 2022
9% Genao, Silvio, Group 1, Human Resources Director
Perm. Full-time: $2,500.00 weekly
Start Date: May 31, 2022
9% Nunes, Peter, Group 1, Laborer-Cemetery
Perm. Full-time: $819.81 weekly
Start Date: June 6, 2022 (Transfer from School)
School:
9% Guerra, Robert, Group 1, Custodian
Perm. Full-time: $1,688.77 bi-weekly
Start Date: June 7, 2022
9% Holton, Douglas, Group 1, Custodian
Perm. Full-time: $1,688.80 bi-weekly
Start Date: June 21, 2022
9% Steffy, Brooks, Group 1, Custodian
Perm. Full-time: $1,688.77 bi-weekly
Start Date: May 31, 2022
9% Young, James, Group 1, Maintenance Custodial Floater
Perm. Full-time: $1,688.80 bi-weekly
Start Date: June 21, 2022
Refunds:
Town:
Fisher, Paul, Group 1, Maintenance Worker
Eight (8) Years, Eleven (11) Months Creditable Service (6/10/2013-6/3/2022)
Total Refund Including FWT: $42,695.49
Transfers:
Town:
School:
Bock, Bryan, Group 1, Asst. Director Accountability & Measurement
Three (3) Years Creditable Service (7/3/2017-7/17/2020)
Total Transfer to Plymouth County Retirement: $55,906.71
Godfrey, Christine, Group 1, Paraprofessional
One (1) Year Creditable Service (8/29/2016-8/29/2017)
Total Transfer to MTRS: $1,568.80
Nickerson, Laura, Group 1, School Nurse
One (1) Year, Ten (10) Months Creditable Service (10/22/2018-8/31/2022)
Total Transfer to MTRS: $13,491.48
Buybacks:
Town:
Sinclair, William, Group 2, Wiring Inspector, has requested to purchase three (3) years, eleven (11) months of military service. Total military buyback: $24,371.42.
Thai, Anthony, Group 1, Help Desk Technician, has requested a buyback of four (4) years, one (1) month of service for a prior refund with the Norfolk County Retirement System. The Norfolk County Retirement System will take liability for this service time.
Total Buyback Amount: $21,431.36.
3(8)(c ) Liability:
Lynn M. Sullivan, Group 1, former Council on Aging Volunteer Coordinator from September 22, 1997, through April 1, 1999, is currently a member of the MA Teachers’ Retirement System. Ms. Sullivan took a refund of her deductions on February 28, 2001. If proper repayment of deductions and interest is made, will the Board take 3(8)(c ) Liability for one (1) year, five (5) months creditable service?
Retirements:
Town:
Messner, Anna, Group 1, Assistant Town Clerk
Thirteen (13) Years, Six (6) Months Creditable Service
Superannuation Retirement: option b
Retirement Date: June 30, 2022
Arrighi, Melissa, Group 1, Town Manager
Thirty (30) Years, Eleven Months Creditable Service
Superannuation Retirement: opt c
Retirement Date: July 29, 2022
School:
Ezrin, Jan Marie, Group 1, House Secretary
Twenty-Three (23) Years, Three (3) Months Creditable Service
Superannuation Retirement: opt b
Retirement Date: June 30, 2022
Jansson, Cynthia, Group 1, Special Education Secretary
Twenty-One (21) Years, Nine (9) Months Creditable Service
Superannuation Retirement: opt b
Retirement Date: June 30, 2022
McKenna, Linda, Group 1, Admin. Assistant to Assistant Superintendent H/R
Twenty-Five (25) Years. Nine (9) Months Creditable Service
Superannuation Retirement: opt a
Retirement Date: June 30, 2022
Holt, Linda, Group 1, Accounting Specialist
Thirty-Seven (37) Years, One (1) Month Creditable Service
Superannuation Retirement: opt b
Retirement Date: July 15, 2022.
Monteiro, Karen, Group 1, House Secretary
Twenty-Nine (29) Years, Eight (8) Months Creditable Service
Superannuation Retirement: opt b
Retirement Date: June 30, 2022
Executive Session:
Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into Executive Session to discuss ongoing litigation.