November 2020 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:
Warrants:
Warrant #9 Dated September 30, 2020 $ 7,466,688.37 Final
Warrant #10 Dated October 31, 2020 $ 1,996,551.50 Partial
Warrant #11 Dated November 30, 2020 $ 202,963.18 Partial
Warrant #12 Dated December 31, 2020 $ 6,180.00 Partial
Trial Balance as of September 30, 2020 $ 200,107,639.83
September 30, 2020 Accounting Reports Presented to Board for Review:
Trial Balance
Cash Receipts
Cash Disbursements
Adjustments
Rockland Trust Statements: Money Market & Checking Acct
Treasurer’s Reconciliation – Money Market & Checking Acct
Public Comment:
New/Old Business:
PERAC Memo’s:
Memo #33/2020: PROSPER Benefit Calculation is almost here!
Investments:
DiMeo Schneider & Associates, L.L.C.:
Tony Tranghese, CFA, Managing Partner, Director of Institutional Consulting
Performance Update – Capital Markets Flash
Annual Manager Reviews:
Nick Caldwell – Relationship Manager
Richard Williams – Portfolio Manager
Greg Allison – Senior Client Portfolio Manager
Jake Passero – U.S. Institutional Sales & Service
Scott Brymer – Senior Portfolio Manger
Renee Hoffman– Consultant Relations
Jay Foley – Manager Marketing and Client Service
Garth Johnson – Senior Health Care Investor
Elise Jadhav – Investor Services Manager
Section II: Membership:
New Hires:
Town:
Casey, Kelsey, Group 1, Assistant Library Director
Perm. Full-time: $1,302.96 weekly
Start Date: November 9, 2020
Nye, Michael, Group 1, Fire Apparatus Mechanic
Perm. Full-time: $1,106.83 weekly
Start Date: November 30, 2020
Pacheco, Manuel, Group 1, Water Quality and Service Manager
Perm. Full-time: $1,407.20 weekly
Start Date: November 2, 2020
Wilson-Medeiros, James, Group 1, Maintenance Worker
Perm. Full-time: $835.54 weekly
Start Date: October 26, 2020
School:
Harnais, Kimberly, Group 1, Payroll Specialist
Perm. Full-time: $2,732.80 bi-weekly
Start Date October 26, 2020
Shain, Karen, Group 1, Facilities Secretary
Perm. Full-time: $1,731.85 bi-weekly
Start Date: November 16, 2020
Transfers:
Town:
Bazarewky, Todd, Group 4, Police Officer
Transfer of additional deductions due to a retroactive contract settlement
Total Transfer to Barnstable County Retirement Board: $360.70
Fontaine, Alita, Group 4, Police Officer
Transfer of additional deductions due to a retroactive contract settlement
Total Transfer to Barnstable County Retirement Board: $19.73
Josephine, Brian, Group 4, Police Officer
Transfer of additional deductions due to a retroactive contract settlement
Total Transfer to Plymouth County Retirement Board: $656.72
McGonagle, Sean, Group 4, Police Officer
Transfer of additional deductions due to a retroactive contract settlement
Total Transfer to State Retirement Board: $121.07
Parker, Ryan, Group 4, Police Officer
Transfer of additional deductions due to a retroactive contract settlement
Total Transfer to State Retirement Board: $710.91
Savery, Dawn, Group 1, Dispatcher
Transfer of additional deductions due to a retroactive contract settlement
Total Transfer to State Retirement Board: $21.11
Refunds:
Town:
Ayers, Katherine Group 4, Police Officer
Refund of additional deductions due to retroactive contract settlement
Total Refund Amount Including FWT: $439.25
Ferguson, Joel, Group 4, Police Officer
Refund of additional deductions due to retroactive contract settlement
Total Refund Amount: $139.53
Golden, Nicholas, Group 4, Police Officer
Refund of additional deductions due to retroactive contract settlement
Total Refund Amount: $106.36
Hallett, James, Group 1, Dispatcher
Refund of additional deductions due to retroactive contract settlement
Total Refund Amount: $24.04
Walsh, Brett, Group 4, Police Officer
Refund of additional deductions due to a retroactive contract settlement
Total Refund Amount Including FWT: $270.71
School:
Caple, Kimberly, Group 1, PFN Family Services Coordinator
One (1) Year, Nine (9) Months (9/5/2017-6/17/2019)
Total Refund Including FWT: $7,116.82
Eno, Steven, Group 1, Custodian
One (1) Year Creditable Service (10/15/2020 – 10/30/2020)
Total Refund Including FWT: $4,356.51
Souza, Nicole, Group 1, Paraeducator
Nine (9) Months Creditable Service (9/3/2019-6/19/2020)
Total Refund Including FWT: $1,972.53
Rollovers:
Town:
McGrath, David, Group 4, Police Officer
Rollover of additional deductions due to a retroactive contract settlement
Total Rollover Amount: $343.11
Buybacks:
School:
Adduci, Christine, Group 1, Paraeducator, has requested to purchase six months of prior service with the School Department from February 2, 2020 through June 19, 2020. Total Buyback Amount: $782.05
Retirements:
Town:
Fistori, Marilyn, Group 1, Board of Health Senior Clerk
Twenty (20) Years, Seven (7) Months Creditable Service
Superannuation Retirement, opt b
Retirement Date: November 6, 2020
Kennedy, Cynthia, Group 1, Dispatcher
Thirty-Two (32) years, Eight (8) Months Creditable Service
Superannuation Retirement: opt c
Retirement Date: November 15, 2020
School:
Polleys, Laura, Group 1, Payroll Specialist
Eighteen (18) Years, One Month Creditable Service
Superannuation Retirement: opt b
Retirement Date: November 20, 2020