October 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 at the Plymouth Public Library, Otto Fehlow Meeting Room, 132 South Street, Plymouth, MA 02360. 

 If you are a member of the public and plan to attend this meeting, please contact karry@plymouthretirement.com on or before Thursday, October 29, 2020, as the Governor’s Guidelines must be followed regarding the number of persons in attendance.

Section I: Regular Business:

Minutes:

Minutes of August 28, 2020                                       Executive Session

Minutes of August 28, 2020                                       Regular Meeting

Minutes of September 18, 2020                                  Regular Meeting                                            

Warrants:                        

Warrant #8 Dated August 31, 2020                                                    $   8,039,858.33 Final

Warrant #9 Dated September 30, 2020                                              $   5,706,915.87 Partial

Warrant #10 Dated October 31, 2020                                                 $      224,200.66 Partial         

Warrant #11 Dated November 30, 2020                                             $          6,180.00 Partial                                           

Trial Balance as of August 31, 2020                                                              $ 192,982,346.62       

August 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 #28/2020          Tobacco Company List

Memo #29/2020          Mandatory Retirement Board Member Training – 4th Quarter 2020

Memo #30/2020          Compliance with the 2019 91A Process

Memo #31/2020          Appropriation Data Due October 31, 2020

Memo #32/2020          Allowable Earnings Determination, pursuant to G.L. c.32 sec 91A

PERAC Draft Audit Report:

Board to review and vote on the PERAC Draft Audit Report for the period of January 1, 2014 – December 31, 2018.

2021 Retirement Office Budget:

Board to review and vote draft 2021 Budget

Draft Policy:

Board to review and vote draft Executive Session Policy & Updated Travel Regulations

Investments:

Board to vote on participation in the PRIT Private Equity Vintage Year 2021 Fund

January 1, 2020 Funding Schedule:

Board to review and vote to adopt a January 1, 2020 Funding Schedule, as prepared by KMS Actuaries.

Section II: Membership:

Option D Survivor Benefits:

Harold Hunter, widow of Gail Hunter, School Department Paraprofessional, deceased 9/3/20, has applied for Option D benefits, $6,000/year.

Waiver of In-Person Medical Panel Exam:

Board to vote on the In-Person Medical Panel Waiver for Daniel Schlecht

New Hires:

Plymouth:

Poremski, Lauren, Group 1, Administrative Secretary

Perm. Full-time: $839.23 weekly

Start Date: October 13, 2020

School:

Baggan, Jessica, Group 1, Paraeducator

Perm. Full-time: $842.00 bi-weekly

Start Date: October 1, 2020

Baker, Nicholas, Group 1, Custodian

Perm. Full-time: $1,655.65 bi-weekly

Start Date: September 14, 2020

Blackman, Abby, Group 1, Paraeducator

Perm. Full-time: $842.00 bi-weekly

Start Date: August 31, 2020

Boragine, Jennifer, Group 1, Special Education Clerical Secretary

Perm. Full-time: $1,073.72 bi-weekly

Start Date: October 5, 2020

Clapp, Ryan, Group 1, Custodian

Perm. Full-time: $1,685.70 bi-weekly

Start Date: September 21, 2020

MacNeil, Emily, Group 1, Paraeducator

Perm. Full-time: $956.81 bi-weekly

Start Date: October 9, 2020

Slattery, Dillon, Group 1, Paraeducator

Perm. Full-time: $848.14 bi-weekly

Start Date: October 19, 2020

Whiting, Jennifer, Group 1, Paraeducator

Perm. Full-time: $920.90

Start Date: October 5, 2020

Transfers:

Town:

Plymouth Housing Authority

Crocker, Tevon, Group 1, Maintenance

Six (6) Months Creditable Service (7/1/2019-1/13/2020)

Total Transfer to Cambridge Retirement Board: $1,500.90

Refunds:

Town:

Dimauro, Anthony, Group 1, Systems Administrator

Three (3) Years, Five (5) Months Creditable Service (4/18/2017-9/25/2020)

Total Refund Including FWT: $24,218.12

Ferro, Robert, Group 4, Firefighter

Eight (8) Months Creditable Service (10/7/2019-7/6/2020)

Total Refund Including FWT: $4,509.04

Janczewski, Joshua, Group 1, Maintenance Worker

One (1) Year, Eight (8) Months Creditable Service (1/7/2019-9/10/2020)

Total Refund Including FWT: $7,054.99

Jordan, Joshua, group 4, Firefighter

Eight (8) Years, Eight (8) Months Creditable Service (1/9/2012-9/15/2020)

Total Refund Including FWT: $62,296.55

Mills, Mathew, Group 1, Recreation Program Supervisor

Eleven (11) Months Creditable Service (9/17/2019-9/4/2020)

Total Refund Including FWT: $4,901.08

School:

Boncek, Jesse, Group 1, Custodian

Five (5) Years, One (1) Month Creditable Service (2/23/2015-3/27/2020)

Total Refund Inclusing FWT: $22,602.02

Harris, Bonnie, Group 1, Secretary

Five (5) Years, Nine (9) Months Creditable Service (12/1/2014-9/11/2020)

Total Refund Including FWT: $13,211.10

Kilcup, Karen, Group 1, Cafeteria Worker

Four (4) Years, Six (6) Months Creditable Service (3/27/2000-10/8/2004)

Total Refund Including FWT: $2,788.94

Rollovers:

Town:

McAlister, William, Group 1, Cemetery Leader

Four (4) Years, Two (2) Months Creditable Service (8/17/2015-10/17/2019)

Total Rollover: $17,847.00

McGrath, David, Group 4, Police Officer

Four (4) Years, Seven (7) Months Creditable Service (9/15/2014-5/13/2019)

Total Rollover Amount: $31,691.58

Total Non-Taxable Refund: $18.82

Sannizzaro, Richard, Group 1, Dispatcher

Four (4) Months Creditable Service (3/3/2014-7/30/2014)

Total Rollover Amount: $3,923.91

Plymouth Housing Authority

Parker, Lisa, Program Assistant

Eleven (11) Months Creditable Service (7/16/2018-6/21/2019)

Total Rollover Amount: $2,335.71

Retirements:

Town:

Hagler, Pamela, Group 1, Procurement Officer

Thirty-Seven (37) Years, One (1) Month Creditable Service

Superannuation Retirement: opt c

Retirement Date: October 30, 2020

School:

Montrond, Arthur, Group 1, Facilities Director

Thirty-three (33) Years, Eleven Months Creditable Service

Superannuation Retirement: opt c

Retirement Date: September 25, 2020

Powers, Kathryn T., Group 1, Part-time Para-Professional

Fourteen (14) years, Eleven (11) Months Creditable Service

Superannuation Retirement: opt c

Retirement Date: October 28, 2020

Section III:

Executive Session:

Pursuant to MGL Chapter 30A, Section 21 (a)(1). The Board will enter into executive session to hold an Evidentiary Hearing for the Accidental Disability Application of Sandra Patrician.

Pursuant to MGL Chapter 30A, Section 21 (a)(1). The Board will enter into executive session to vote the Accidental/Ordinary Disability Application of Richard Brown III.

Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into executive session to discuss ongoing litigation.