September Retirement Board Meeting
This meeting of the Town of Plymouth Retirement Board will be held in person.
Section I: Regular Business:
Minutes:
Minutes of August 21, 2026 Regular Session
Minutes of September 16, 2026 Regular Session
Minutes of September 16, 2026 Executive Session
Warrants:
Warrant #7 Dated July 31, 2026 $ 12,386,414.05 Final
Warrant #8 Dated August 31, 2026 $ 8,986,349.11 Partial
Warrant #9 Dated September 30, 2026 $ 201,383.81 Partial
Warrant #10 Dated October 1, 2026 $ 7,379.19 Partial
Trial Balance as of July 31, 2026: $322,459,186.27
July 2026 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
General Ledger
Public Comment:
New/Old Business:
PERAC Memos:
Memo #23/2026: COLA Reserve Fund and Enhanced COLA
Memo #24/2026: Tobacco Company List
December 31, 2024 Financial Statements:
Board to review and vote the Financial Statements at December 31, 2024, prepared by CBIZ
January 1, 2026 Actuarial Valuation:
Board to vote the January 1, 2026 Actuarial Valuation, prepared by KMS Actuaries
M&T Bank Sale of Custodial Services:
Argent Financial Group has purchased the custody services division of M&T Bank (Wilmington Trust), the Board’s custodial investment manager. This sale will become effective October 1, 2026. No changes to current reporting services or processes.
Investments:
Manager Reviews:
8:35 a.m. Wellington Management: Hillary Goldberg and Carla Early
8:50 a.m. BlackRock: Erika Keane and Kathleen Alvarez
9:05 a.m. Artisan: Courtney Stone, Meaghan Mahoney, and Mike Fontaine
9:20 a.m. PRIT: Laura Strickland
Performance Update Through August 31, 2026 - Anthony Tranghese
Section II: Membership:
New Hires:
Town:
9% Menard, Jake, Group 4, Police Officer
Perm. Full-time: $1,561.97 weekly
Start Date: August 31, 2026
9% Roy, Grace, Group 1, Assistant Commissioner of Health & Human Services
Perm. Full-time: $2,027.90 weekly
Start Date: September 14, 2026
9% Young, Eric, Group 1, Building Custodian
Perm. Full-time: $1,030.98 weekly
Start Date: September 15, 2026
School:
9% Babcock, Kimberly, Group 1, Paraprofessional
Perm. Full-time: $872.68 bi-weekly
Start date: August 27, 2026
9% Dries-Macfarland, Michelle, Group 1, 7D Van Driver
Perm. Full-time: pay varies
Start Date: September 8, 2026
9% Foy, Sean, Group 1, Paraprofessional
Perm. Full-time: $1,189.28 bi-weekly
Start Date: August 25, 2026
9% Kellenbarger, Kimberely, Group 1, Paraprofessional
Perm. Full-time: $1,380.17 bi-weekly
Start Date: August 25, 2026
9% Livramento, Tamara, Paraprofessional
Perm. Full-time: $1,210.55 bi-weekly
Start Date: August 25, 2026
9% Massey, Bryana, Group 1, Paraprofessional
Perm. Full-time: $1,380.17 bi-weekly
Start Date: August 27, 2026
9% Mercer, Kyra, Group 1, Secretary
Perm. Full-time: $2,210.69 bi-weekly
Start Date: September 8, 2026
9% Quigg, Matthew, Group 1, Custodian
Perm. Full-time: $2,120.00 bi-weekly
Start Date: September 8, 2026
9% Smith, Kristen, Group 1, Paraprofessional
Perm. Full-time: $1,232.28 bi-weekly
Start Date: August 25, 2026
9% Surdam, Aaron, Group 1, Custodian (Resigned September 9, 2026)
Perm. Full-time: $2,120.00 bi-weekly
Start Date: August 25, 2026
9% Thomas, Valerie, Group 1, Paraprofessional
Perm. Full-time: $1,380.17 bi-weekly
Start Date: August 25, 2026
9% Thrasher, Brett, Group 1, Paraprofessional
Perm. Full-time: $1,103.76 bi-weekly
Start Date: September 8, 2026
Refunds:
School:
Whittaker, Elizabeth, Group 1, Computer Lab Aide
Three (3) Years, Six (6) Months Creditable Service (9/4/2001-6/12/2007)
Total Refund Including FWT: $3,727.49
Transfers:
School:
Bengtson, Olivia, Group 1, Nutritionist
One (1) Year, Eight (8) Months Creditable Service (8/14/2023-5/2/2025)
Total Transfer to Braintree Retirement Board: $16,512.83
Duffy, Erica, Group 1, Paraprofessional
Two (2) Years, Four (4) Months Creditable Service (8/28/2023-1/4/2026)
Total Transfer to MTRS: $6,428.23
Hohulin, Lisa, Group 1, Paraprofessional
Eleven (11) Months Creditable Service (8/31/2021-8/28/2022)
Total Transfer to MTRS: $2,259.28
Kingsland, Marcia, Group 1, Paraprofessional
One (1) Year, Four (4) Months Creditable Service (4/24/2017-9/16/2018)
Total Transfer to Fall River Contributory Retirement Board: $2,117.78
Buybacks:
Town:
Camelo, Olivia, Group 4, Police, has requested to purchase five (5) months of creditable service for prior seasonal service with the Town of Plymouth Harbormaster Dept. Total Buyback amount is: $1,647.08.
Norton, Thomas, Group 4, Fire, has requested to purchase four (4) years of Military Service. Total Military Buyback amount is: $11,731.96.
Retirements:
Town:
Taylor, Lynn, Group 1, Library Associate
Fourteen (14) Years, Seven (7) Months Creditable Service
Superannuation Retirement: Opt: B
Retirement Date: September 7, 2026
Tavekelian Colleen, Group 1, Town Planner
Ten (10) Years, Six (6) Months Creditable Service
Superannuation Retirement: Opt: B
Retirement Date: September 14, 2026
McNulty, Joanne, Group 1, Administrative Assistant-Water Department
Twenty-Two (22) Years, Five (5) Months Creditable Service
Superannuation Retirement: Opt B
Retirement Date: September 30, 2026
Nye, Michael, Group 1, Fire Department Mechanic
Twenty-Five (25) Years, Three (3) Months Creditable Service
Superannuation Retirement: Opt C
Retirement Date: October 6, 2026
School:
Travers, Deborah, Group 1, Paraprofessional
Sixteen (16) Years, One (1) Month Creditable Service
Superannuation Retirement: Opt: B
Retirement Date: September 23, 2026
Di Rosario, Virginia, Group 1, Administrative Assistant to Special Ed Director
Twenty (20) Years, Four (4) Months Creditable Service
Superannuation Retirement: Opt. B
Retirement Date: September 10, 2026
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 Clarifications for the Accidental Disability Retirement Application of former Police Officer, Matthew Hines.
Pursuant to MGL Chapter 30A, Section 21 (a)(1), The Board will enter into Executive Session to review the Regional Medical Panel Certificates and Narratives for the Accidental Disability Heart Presumption and Ordinary Retirement Applications of Police Officer, Jeremy Roussell.
Pursuant to MGL Chapter 30A, Section 21 (a)(1), The Board will enter into Executive Session to review the medical test results and vote the Accidental Disability Retirement Application for Fire Fighter, Nicholas Pino Jr.
Pursuant to MGL Chapter 30A, Section 21 (a)(1), The Board will enter into Executive Session to consider the Disability Application for Fire Fighter, Maureen Welch.