March 2026 Retirement Board Meeting

This meeting of the Town of Plymouth Retirement Board will be held in person.

Section I: Regular Business:

Minutes:

Minutes of  February 27, 2026                                               Regular Session

Minutes of  February 27, 2026                                               Executive Session

Minutes of February 27, 2026                                                COLA Meeting                      

                       

Warrants:

 

Warrant #1  Dated , January 31, 2026                                    $ 3,561,276.19            Final

Warrant # 2 Dated , February 28, 2026                                  $ 4,384,077.66            Partial 

Warrant #3 Dated March 31, 2026                                         $    497,576.74            Partial

Warrant #4 Dated April 30, 2026                                           $        7,379.19            Partial

 

Trial Balance as of January 31, 2026:            $304,328,316.64                               

 

January 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:

MACRS Annual Spring Conference:

MACRS 2026 Kevin J. Regan Spring Conference, Springfield, MA, May 31- June 3, 2026.

 

PERAC Memos:

 

Memo #11/2026:         Disability Presumptions and Pre-Employment Physicals

Memo #12/2026:         Violent Act Injury Disability- Updated Forms

Memo #13/2026:         Tobacco Company List

 

PERAC 2019 – 2022 Draft Audit:

Board to review and vote the PERAC draft audit for the period of 2019 – 2022.

 

Investments:

Performance Update and Review

 

Board Member Reappointment:

Board Member, Robert Ness, will be at the end of his 3-year term effective June 30, 2026. Board to discuss the re-appointment of Mr. Ness for another 3-year term beginning July 1, 2026, through June 30, 2029.

 

2026 Annual Vendor Disclosure Forms:

The following Annual Vendor Disclosure forms have been received and approved by PERAC:

 

Acadian

Artisan Partners

Aristotle Value Equity

Aristotle International Equity

Lazard

Rhumbline Advisors

Wellington Management

Wilmington Trust

Fiducient Advisors

Section II: Membership:

New Hires:

Town:

School:

9%       Dargie, Andrea, Group 1, Paraeducator

            Perm. Full-time: $814.97 bi-weekly

            Start Date: March 9, 2026

 

9%       Donovan, Martin, Group 1, 7D Van Driver

            Perm. Full-time: pay varies

            Start Date: February 23, 2026

 

9%       Giammarco – Moquin, Amy, Group 1, Paraeducator

            Perm. Full-time: $1,046.59 bi-weekly

            Start Date: March 23, 2026

 

9%       Greenwood, Kristine, Group 1, Main Office Secretary

            Perm. Full-time: $1,858.46 bi-weekly

            Start Date: March 4, 2026

 

Refunds:

Town:

Page, Sean, Group 4, Fire Lieutenant

Refund of overpayment of Military Service Buyback.

Total Refund Including FWT: $854.49

Transfers:

Town:

Randall, Robert, Group 4, Police Officer

Two (2) Years, Four (4) Months Creditable Service (2/4/2019-6/28/2021)

Total Transfer to Plymouth County Retirement: $14,059.35

Buyback:

Town:

Amanda Reposa, former seasonal worker in the Collector’s Office and Seasonal Natural Resources Assistant in the Dept. of Marine & Environmental Affairs, is now employed by the Town of Mashpee (Barnstable County Retirement). Ms. Reposa would like to purchase her past seasonal service. Ms. Reposa was not allowed membership into the Plymouth Retirement System. If proper repayment of deductions is made, will the Board take 3(8)(c ) Liability for four (4) months of service?

Executive Session:

Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into Executive Session to discuss ongoing litigation regarding Section 91(a) excess earnings of Kenneth Rood.

Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into Executive Session to discuss ongoing litigation regarding Section 91excess earnings of Michael Daley.

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