May 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 April 25, 2025                              Regular Session

Minutes of April 25, 2025                              Executive Session

              

Warrants:

           

Warrant # 3 Dated March 31, 2025                            $ 3,660,018.90            Final

Warrant # 4 Dated April 1, 2025                                $ 2,519,008.50            Partial

Warrant #5 Dated May 1, 2025                                  $    144,516.66            Partial

Warrant #6 Dated June 1, 2025                                  $        7,164.26            Partial 

 

Trial Balance as of March 31, 2025:              $274,016,559.49                    

 

January 2025 Bank Statements:

 

Rockland Trust Checking & Money Market Acct Statements

 

February 2025 & March 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:

 

Investments:

 

  • Performance Update and Review

 

Section II: Membership:

 

New Hires:

 

Town:

 

9%       Alger, Amelia, Group 1, Administrative Secretary – Collector’s Office

            Perm. Full-time: $968.18 weekly

            Start Date: May 5, 2025

 

9%       O’Connor, Peyton, Group 1, Administrative Assistant – Cemetery

            Perm. Full-time: $1,139.89 weekly

            Start Date: June 2, 2025

 

9%       White, Timothy, Group 1, Motor Equipment Operator – Highway

            Perm. Full-time: $1,026.46 weekly

            Start Date: May 12, 2025

 

School:

 

9%       Broughton, Linda, Group 1, Bus Driver

            Minimum 20 hours per week: pay varies

            Start Date: May 10, 2025

 

9%       Dailey, Barbara, Group 1, Bus Driver

            Minimum 20 hours per week: pay varies

            Start Date: May 10, 2025

 

9%       MacCormack, John, Group 1, Custodian

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

            Start Date: May 7, 2025

 

9%       Mackenzie, Owen, Group 1, Custodian

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

            Start Date: May 5, 2025

 

9%       Rampino, Nancy, Group 1, Bus Driver

            Minimum 20 hours per week: pay varies

            Start Date: May 10, 2025

 

9%       Satterlund, William, Group 1, Van Driver

Minimum 20 hours per week: pay varies

Start Date: April 16, 2025

 

 

 

 

 

 

Refunds:

 

School:

 

Cowan, Viki, Group 1, Special Needs Aide

Two (2) Years, Ten (10) Months Creditable Service (9/3/1997-11/21/2001)

Total Refund Including FWT: $1,066.32

           

Oliver, Timothy, Group 1, Custodian

Refund of deductions paid to the Retirement System for supplemental pay while receiving Workers’ Compensation benefits.

Total Refund Including FWT: $87.13

 

Wright, Brian, Group 1, Maintenance

Refund of deductions paid to the Retirement System for supplemental pay while receiving Workers’ Compensation benefits.

Total Refund Including FWT: $1,966.90

 

Transfers:

 

Town:

 

Hackett, Robert, Group 4, Police Officer

Nine (9) Years, Nine (9) Months Creditable Service (9/15/2014-6/30/2024)

Total Transfer to Plymouth County Retirement Board: $68,645.40

 

Buybacks:

 

Town:

 

Lescarbeau, Benjamin, Fire Dept., has requested to purchase four (4) years of Military Service. Total Military Buyback amount is $17,670.84.

 

Manuel, Scott, Fire Dept., has requested to purchase one (1) year, eleven (11) months of Military Service. Total Military Buyback amount is $6,551.03.

 

Wallace, Aaron, Police Dept., has requested to purchase four (4) years of Military Service. Total Military Buyback amount is $16,800.06.

 

 

 

 

 

 

 

 

 

 

 

Retirements:

 

School:

 

Howland, Gail, Group 1, Security Secretary

Thirty (30) Years, Nine (9) Months Creditable Service

Superannuation Retirement; Opt: C

Retirement Date: June 17, 2025

 

Ryan, Patti Callahan, Group 1, Assistant Director of Food Services

Thirty-Five (35) Years of Creditable Service

Superannuation Retirement: Opt: B

Retirement Date: June 30, 2025

 

Crawford, David, Group 1, Custodian

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

Superannuation Retirement: Opt: C

Retirement Date: June 30, 2025

 

Scanlon, Cynthia, Group 1, Guidance Administrative Assistant

Thirty-Two (32) Years, Six (6) Months Creditable Service

Superannuation Retirement: Opt: B

Retirement Date: June 30, 2025

 

Buettner, Lyn, Group 1, Cafeteria Worker

Twenty-Five (25) Years and Nine (9) Months Creditable Service

Superannuation Retirement: Opt: C

Retirement Date: June 16, 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)(3), the Board will enter into Executive Session to discuss litigation strategy, as to do so in public session may compromise the Board’s position.

 

Pursuant to MGL Chapter 30A, Section 21(a)(4) to discuss the deployment of security personnel or devices, or strategies with respect thereto.