May 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:

karry@plymouthretirement.com

Section I: Regular Business:

Minutes:

Minutes of December 17, 2021                                  Executive Session

Minutes of January 28, 2022                                      Executive Session

Minutes of January 28, 2022                                      Regular Session

Minutes of January 28, 2022                                      COLA Vote                                 

Warrants:

Warrant # 3 Dated March 31, 2022                                        $   2,667,216.27 Final

Warrant #4 Dated April 30, 2022                                           $   2,166,784.07 Partial

Warrant #5 Dated May 31, 2022                                            $       256,149.23 Partial

Warrant #6 Dated June 30, 2022                                            $           6,556.00 Partial

Trial Balance as of March 31, 2022                                       $ 246,600,738

March 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

1st Qtr. 2022 General Ledger Reconciliation

Public Comment:

New/Old Business:

Budget Amendment:

Board to vote to amend 2022 Budget for the increase due to the staff bylaw changes voted at the April 22, 2022, meeting. 

PERAC Memos:

Memo #12/2022:         Forfeiture of Retirement Allowance for Dereliction of Duty by Members

Investments:

Anthony Tranghese from Fiducient Advisors will give a Portfolio Update & Review and, discuss the investing of the upcoming Appropriation.

Section II: Membership:

Section 101 Benefits:

Audrey Lewis, widow of George Lewis, ADR Opt B retiree has applied for Section 101 benefits. Mr. Lewis retired on 4/17/92, and therefore was not eligible to elect option c. Section 101 benefits are $9,000 per year, $750 per month.

New Hires:

Town:

9%       Botelho, Samuel, Group 1, Recreation Office Manager/Program Administrator

            Perm. Full-time: $1,000.97 weekly

            Start Date: May 15, 2022

9%       Brothers, Brad, Group 1, Assistant Town Manager

            Perm. Full-time: $2,980.77 weekly

            Start Date: April 25, 2022

9%       Hutchinson, Matthew, Group 1, Motor Equipment Operator – Highway

            Perm. Full-time: $852.25 weekly

            Start Date: May 9, 2022

9%       Keenan, Christopher, Group 1, Dispatcher

            Perm. Full-time: $947.78 weekly

            Start Date: May 23, 2022

9%       Lopes, Antone, Group 1, Heavy Motor Equipment Operator-Highway

            Perm. Full-time: $923.73 weekly

            Start Date: May 2, 2022

9%       Loranger, Evon, Group 1, Inspector/Lister

            Perm. Full-time: 1,000.97 weekly

            Start Date: May 16, 2022

9%       Reilly, Sarah, Group 1, Animal Control Officer

            Perm. Full-time: 842.49 weekly

            Start Date: May 9, 2022

9%       Wholey, Michael, Group 1, Building Maintenance Craft Person

            Perm. Full-time: $1,150.35 weekly

            Start Date: May 16, 2022

School:

9%       Coleman, John, Group 1, Custodian

            Perm. Full-time: $1,688.80 bi-weekly

            Start Date: May 23, 2022

9%       Georgantas, Andrew, Group 1, Custodian

            Perm. Full-time: $1,688.80 bi-weekly

            Start Date: May 31, 2022

9%       Riordan, Amy, Group 1, Paraeducator

            Perm. Full-time: $819.79 bi-weekly

            Start Date: April 25, 2022

9%       Russo, Nicole, Group 1, Paraeducator

            Perm. Full-time: $1,136.36 bi-weekly

            Start Date: April 25, 2022

9%       Siegelman, Jennifer, Group 1, House Secretary

            Perm. Full-time: $1,124.19 bi-weekly

            Start Date: May 16, 2022

9%       Tavares, Brandi, Group 1, Paraeducator

            Perm. Full-time: $1,035.72 bi-weekly

            Start Date: April 25, 2022   

PHA:

9%       Bradley, Jean, Group 1, Leased Housing Program Assistant

            Perm. Full-time: $1,160.00 bi-weekly

            Start Date: April 19, 2022

Transfers:

Town:

Marcel, Jonathan, Group 1, Dispatcher

One (1) Year, Ten (10) Months Creditable Service (1/14/2019-11/27/2020)

Total Transfer to Boston Retirement Board: $9,457.88

Retirements:

Town:

Maher, Thomas Group 1, Airport Manager

Twenty Six (26) Years, Five (5) Months Creditable Service

Superannuation Retirement: opt c

Retirement Date: June 24, 2022

School:

Westcott, Phyllis, Group 1, SAM Paraprofessional

Sixteen Years (16), Seven (7) Months Creditable Service

Superannuation Retirement: opt b

May 27, 2022

Arons, Sherry, Group 1, Secretary,

Twelve (12) Years, Eight (8) Months Creditable Service

Superannuation Retirement: opt b

Retirement Date: June 30, 2022

Yaeger, Diane, Group 1, Para-4 Health Office

Twenty-Six (26) Years, Ten (10) Months Creditable Service

Superannuation Retirement: opt b

Retirement Date: June 27, 2022

Crociati, Lisa, Group 1, Secretary

Thirteen (13) Years of Creditable Service

Superannuation Retirement: opt b

Retirement Date: June 30, 2022

Findlay, Lynn, Group 1, Security Receptionist

Twenty-Nine (29) Years, Six Months Creditable Service

Superannuation Retirement: opt b

Retirement Date: June 27, 2022

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 Involuntary Accidental Disability Retirement application of Sergeant John Bonasera.