June 2025 Retirement Board Meeting

This meeting of the Town of Plymouth Retirement Board will be held in person.

Section I: Regular Business:

 

Minutes:

 

Minutes of May 30, 2025                               Regular Session

Minutes of May 30, 2025                               Executive Session

                       

Warrants:

           

Warrant # 4 Dated April 30, 2025                              $ 3,090,482.69   Final

Warrant #5 Dated May 31, 2025                                $ 2,342,238.41   Partial

Warrant #6 Dated June 30, 2025                                $      71,358.57   Partial

Warrant #7 Dated July 1, 2025                                   $        7,164.26   Partial          

 

Trial Balance as of April 30, 2025:                $272,710,414.67                    

 

April 2025 Accounting & Banking Documents:

 

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 #15/2025:         Violent Act Injury Disability – Updated Forms

Memo #16/2025:         Tobacco Company List

 

 

 

Investments:

 

  • Performance Update and Review
  • Multi Asset RFP
  • Review of the Appropriation Investment

 

Section II: Membership:

New Hires:

 

Town:

 

9%       Asamoah, Jeffrey, Group 1, Cybersecurity Administrator

            Perm. Full-time: 1,786.89 weekly

            Start Date: June 9, 2025

 

9%       Beane, Brendan, Group 4, Firefighter (Rehire)

            Perm. Full-time: $1,391.94 weekly

            Start Date: June 23, 2025

 

9%       Nardone, Priscilla, Group 1, Administrative Secretary -Assessor’s

            Perm. Full-time: $986.18 weekly

            Start Date: June 23, 2025

 

School:

 

9%       Anti, Thomas, Group 1, Van Driver

            Minimum 20 hours per week: pay varies

            Start Date: May 26, 2025

 

9%       Gagnon, Kelly, Group 1, Van Driver

            Minimum 20 hours per week: pay varies

            Start Date: May 25, 2025

 

9%       Melendez, Tyler, Group 1, Custodian

            Perm. Full-time: $1,998.40 bi-weekly

            Start Date: June 2, 2025

 

9%       Titterington, Jeffry, Group 1, Custodian

            Perm. Full-time: $1,998.40 bi-weekly

            Start Date: June 10, 2025

 

9%       Welty, Mary, Group 1, Van Driver

            Minimum 20 hours per week: pay varies       

            Start Date: May 24, 2025

 

 

Refunds:

 

School:

 

Cohen, James, Group 1, Custodian

Three (3) Months Creditable Service (11/25/2024-3/12/2025)

Total Refund Including FWT: $1,399.58

 

Transfers:
 

School:

 

Kenyon, Michelle, Group 1, Nurse

Three (3) Years, Nine (9) Months Creditable Service (8/31/2020-6/13/2024)

Total Transfer to MTRS: $28,925.24

 

Buybacks:

 

Town:

 

Carbone, Timothy, Group 1, Water Dept., has requested to purchase three (3) years of Military Service. Military Buyback Amount is $9,231.92.

 

Connor, Michael, Group 4, Fire Dept., has requested to purchase two (2) years of Military Service. Military Buyback Amount is $6,862.22.

 

Phair, Jason, Group 4, Fire Dept., has requested to purchase two (2) years, seven (7) months of Military Service. Military Buyback Amount is $11,711.85.

 

Retirements:

 

Town:

 

Gibbons, Stephen, Group 4, Police Sgt.

Thirty-one (31) years, Eleven (11) Months Creditable Service

Superannuation Retirement: Opt C

Retirement Date: June 30, 2025

 

Ward, Dennis, Group 4, Police Officer

Twenty-Two (22) Years, Nine (9) Months Creditable Service

Superannuation Retirement: Opt B

Retirement Date: June 30, 2025

 

Milroy, Mark, Group 4, Fire Lieutenant

Thirty (30) Years One (1) Month Creditable Service

Superannuation Retirement: Opt: C

Retirement Date: July 10, 2025

 

 

School:

 

Stinchfield, Jennifer, Group 1, Paraprofessional

Ten (10), Years, Eight (8) Months Creditbale Service

Superannuation Retirement: Opt: B

Retirement Date: June 17, 2025

 

Stanton, Nancy, Group 1, Paraprofessional

Twenty-Two (22) Years, Nine (9) Months Creditable Service

Superannuation Retirement: Opt: B

Retirement Date: June 17, 2025

 

Perryclear, Linda, Group 1, Paraprofessional

Sixteen (16) Years, Eight (8) Months Creditable Service

Superannuation Retirement: Opt: B

Retirement Date: June 17, 2025

 

Section III: 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 review the Regional Medical Panel Certificates & Narratives and vote the Accidental Disability Retirement application of Police Captain, Jason Higgins.

 

Pursuant to MGL Chapter 30A, Section 21 (a)(1), The Board will enter into Executive Session to hold an Evidentiary Hearing on the Accidental Disability Under Presumption Application for Fire Fighter, Kevin Hannon.

 

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