December 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 November 21, 2025                      Regular Session

Warrants:        

Warrant #10 Dated October 31, 2025                         $   3,771,102.98   Final

Warrant #11 Dated November 30, 2025                     $   2,524,135.59  Partial

Warrant #12 Dated December 31, 2025                     $      541,601.80  Partial

Warrant # 1  Dated January 31, 2026                         $          7,164.26  Partial

Trial Balance as of October 31, 2025:                                    $304,058,706.03

October 2025 Banking Documents:

Trial Balance

Cash Receipts

Cash Disbursements

Adjustments

General Ledger

Public Comment:

New/Old Business:

PERAC Memos:

Memo #32/2025:         Free Cybersecurity Training

Memo #33/2025:         Violent Act Injury Disability – Recent Legislative Changes

Memo #34/2025:         Proposed Amendment to Electronic Signature Regulations

Memo #35/2025:         2025 Disability Data Changes

January 1, 2026 Actuarial Valuation:

Board to discuss and vote KMS Actuaries to prepare the January 1, 2026, actuarial valuation.

2026 Retirement Board Meeting Dates:

The Board will schedule Retirement Board Meeting Dates for the 1st Qtr. 2026

Investments:

Boston Trust

Westfield

Artisan

Section II: Membership:

New Hires:

Town:

 

9%       Alden, Cameron, Group 4, Police Officer

            Perm. Full-time: $1,306.28 weekly

            Start Date: December 1, 2025

 

9%       Crowley, Paul, Group 4, Police Officer

            Perm. Full-time: $1,306.28 weekly

            Start Date: December 1, 2025

 

9%       Haglof, Michael, Group 4, Police Officer

            Perm. Full-time: $1,486.75 weekly

            Start Date: December 8, 2025

 

9%       Lodi, Neil, Group 4, Police Officer

            Perm. Full-time: $1,306.28 weekly

            Start Date: December 1, 2025

 

9%       Silveira, Michael, Group 1, Deputy Director of Planning

            Perm. Full-time: $1,988.13 weekly

            Start Date: December 15, 2025

 

9%       Smith, Ryan, Group 4, Police Officer

            Perm. Full-time: $1,306.28 weekly

            Start Date: December 1, 2025

 

9%       Thomas, Nathan, Group 4, Police Officer

            Perm. Full-time: $1,306.28 weekly

            Start Date: December 1, 2025

 

School:

 

9%       Lawrence, Jake, Group 1, Custodian

            Perm. Full-time: $2,058.40 bi-weekly

            Start Date: December 16, 2025

 

Retirements:

 

Town:

 

Pigeon, Douglas, Group 4, Fire Captain

Thirty -Eight (38) Years of Creditable Service

Superannuation Retirement: Opt. C

Retirement Date: January 5, 2026

 

School:

 

George, Theodore, Group 1, 2nd Shift Custodian

Thirty-Seven (37) Years of Creditable Service

Superannuation Retirement: Opt. B

Retirement Date: December 31, 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)(1), The Board will enter into Executive Session to discuss the Accidental Disability Retirement Application of Matthew Hines.

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 Richard Holmes.

Pursuant to MGL Chapter 30A, Section 21 (a)(1), The Board will enter into Executive Session to hold an Evidentiary Hearing on the Section 9 application of Joyce Mazalewski, widow of retired Fire Fighter Richard Mazalewski.