October 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 September 26, 2025                                  Regular Session

Minutes of September 26, 2025                                  Executive Session

Minutes of October 17, 2025                                      Regular Session

Minutes of October 17, 2025                                      Executive Session

                       

Warrants:

           

Warrant #8 Dated August 1, 2025                              $   9,559,268.91   Final

Warrant #9 Dated September 30, 2025                      $ 20,900,669.88   Final

Warrant #10 Dated October 31, 2025                         $   2,481,271.84   Partial

Warrant #11 Dated November 30, 2025                     $          7,164.26  Partial

 

Trial Balance as of September 30, 2025:                                $305,134,420.37

           

September 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

 

Q3 2025 Reconciliation – Supplemental Schedule to GL

 

Public Comment:

 

 

New/Old Business:

 

 

 

MACRS Annual Fall Conference:

 

MACRS 2025 Annual Fall Conference, December 7 – 10, 2025, Springfield MA.

 

PERAC Memos:

 

Memo #25/2025:                     Tobacco Company List

Memo #26/2025:                     Mandatory Retirement Board Member Training – 4th Quarter, 2025

Memo #27/2025:                     FY27 Appropriation Questionnaire in PROSPER

Memo #28/2025:                    G.L. c. 32, § 100 Benefits and Cost-of-living Adjustments

 

2025 Budget:

 

Board to review and vote 2025 Retirement System Budget

 

Investments:

 

Portfolio update as of September 30, 2025

 

Section II: Membership:

New Hires:

 

Town:

 

9%       Downing, Ryan, Group 4, Firefighter

            Perm. Full-time: $1,215.99 weekly

            Start Date: November 3, 2025

 

9%       Jones, Cheryl, Group 1, Director of the Center for Active Living

            Perm. Full-time: $1,778.84 weekly

            Start Date: October 27, 2025

 

9%       McCann, Stephen, Group 4, Firefighter

            Perm. Full-time: $1,215.99 weekly

            Start Date: November 3, 2025

 

9%       McEnaney, Reed, Group 4, Firefighter

            Perm. Full-time: $1,215.99 weekly

            Start Date: November 3, 2025

 

9%       Ricci, Nicholas, Group 4, Firefighter

            Perm. Full-time: $1,215.99 weekly

            Start Date: November 3, 2025

 

9%       Riley, Donald, Group 4, Firefighter

            Perm. Full-time: $1,215.99 weekly

            Start Date: November 3, 2025

 

9%       Sheehan, Ryan, Group 4, Firefighter

            Perm. Full-time: $1,215.99 weekly

            Start Date: November 3, 2025

 

9%       Stokesberry, Brett, Group 4, Firefighter

            Perm. Full-time: $1,215.99 weekly

            Start Date: November 3, 3025

 

School:

 

9%       Baragwanath, William, Group 1, Paraprofessional

            Perm. Full-time: $1,154.32 bi-weekly

            Start Date: September 22, 2025

 

9%       Chamberlain, Anne, Group 1, Paraprofessional

            Perm. Full-time: $1,196.37 bi-weekly

            Start Date: September 22, 2025

           

9%       Ethington, Alison, Group 1, Paraprofessional

            Perm. Full-time: $964.37 bi-weekly

            Start Date: September 22, 2025

 

9%       Green, Hannah, Group 1, Paraprofessional

            Perm. Full-time: $1,071.63 bi-weekly

            Start Date: September 29, 2025

 

9%       Hoban, James, Group 1, 7D Van Driver

            Minimum 20 hours per week: pay varies

            Start Date: September 30, 2025

 

9%       Lake, Dianna, Group 1, Paraprofessional

            Perm. Full-time: $1,183.22 bi-weekly

            Start Date: September 29, 2025

 

9%       Pizzella, Stephanie, Group 1, Paraprofessional

            Perm. Full-time: $964.37 bi-weekly

            Start Date: September 22, 2025

 

9%       White, Valerie, Group 1, MSN/Classroom Paraprofessional

            Perm. Full-time: $964.37 bi-weekly

            Start Date: September 22, 2025

 

Buybacks:

 

School:

 

McDonald, Kimberly, Group 1, Paraeducator, has requested a buyback of ten (10) years, eight (8) months of service for a prior refund with the Town of Plymouth Retirement Board. 

Total Buyback Amount: $23,880.41

 

Refunds:

 

Town:

 

Hill, Nichoas, Group 1, Facilities Manager

Three (3) Years Creditable Service (8/10/2020-8/30/2023)

Total Refund Including FWT: $31,896.33

 

Rollovers:

 

School:

 

Kizelewicz, Mark, Group 1, Custodian

Seven (7) years, Five (5) Months Creditable Service (11/27/2017-5/16/2025)

Total Rollover Amount: $28,697.21

 

Transfers:

 

Town:

 

DeLaura, Thomas, Group 4, Police Sergeant

Ten (10) Years, Four (4) Months Creditable Service (5/4/2015-9/14/2025)

Total Transfer to Plymouth County Retirement Board: $81,926.92

           

Retirements:

 

Town:

 

Hartman, Lee, Group 1, Director of Planning & Development

Thirty-eight (38) Years

Superannuation retirement, Opt C

Retirement date: December 5, 2025

 

McGrath, Margaret, Group 1, Library Branch Manager

Twenty-Three (23) Years, Five (5) Months Creditable Service

Superannuation Retirement: Opt. B

Retirement Date: October 24, 2025

 

Helminiak, Marc, Group 4, Fire Lieutenant

Twenty-Nine Years (29) Creditable Service

Superannuation Retirement: Opt. C

Retirement Date: October 31, 2025

 

Manfredi, Marc, Group 4, Police Lieutenant

Thirty -Two (32) Years, Seven (7) Months Creditable Service

Superannuation Retirement: Opt. C

Retirement Date: November 28, 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 strategy.

Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into Executive Session to discuss ongoing litigation in the Patrick Van Cott matter.

Pursuant to MGL Chapter 30A, Section 21 (a)(1), The Board will enter into Executive Session to hold an Evidentiary Hearing on the Accidental Disability Retirement Application of Nicholas Pino Jr.

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 and vote the Accidental Disability Retirement Application of Joseph Dello Russo.

Pursuant to MGL Chapter 30A, Section 21 (a)(1), The Board will enter into Executive Session to discuss the Accidental Disability Retirement Application of Matthew Hines.