AGENDA FOR THE SPRINGFIELD RETIREMENT BOARD MEETING
70 TAPLEY STREET, SPRINGFIELD, MA 01104
TO BE HELD ON JULY 12, 2017 AT 5:00 P.M.
Agenda Item #1-Minutes
Vote to consider approving the minutes of the meeting held on June 14, 2017.
Agenda Item #2-Superannuations
Vote to consider the acceptance of the following Superannuations:
1. Judge William H. Abrashkin, Executive Director, SHA with 10 years as of 8/1/17
2. Roy Carter, Sergeant, Police Department, with 34 years and 6 months as of 6/30/17
3. Gladys Cruz, Principal Clerk & Typist, School Department, with 37 years as of 7/15/17
4. Patricia Duchesne, Principal Clerk, School Department, with 32 years and 11 months as of 8/10/17
5. Teresa Potito, Accountant, SHA, with 37 years and 2 months as of 8/6/17
6. Anna Ronca, Paraprofessional, School Department, with 19 years and 5 months as of 8/1/17
7. Michael Willoughby, Security Guard, School Department, with 20 years and 3 months as of 8/31/17
Agenda Item #3-MGL Chapter 32 Hearing (Continued)/ Superannuation
Vote to consider the acceptance of Edward Mims’ Superannuation Application, Warehouse Foreman, Facilities
Agenda Item #4-Warrants
Vote to reaffirm the approval of the following warrants:
Warrant #23 Refunds in the amount of $214,967.67
Warrant #24 Refunds in the amount of $35,660.68
Warrant #25 Expenses in the amount of $14,594.56
Warrant #26 Expenses 3(8) (c) in the amount of $152,147.19
Warrant #27 Expenses in the amount of 19,247.24
Warrant #28 Expenses in the amount of $54,882.47
Warrant #29 Expenses in the amount of $1,096.17
Warrant #30 June Retiree allowances in the amount of $6,141,817.57
and redemption from the PRIT fund in the amount of $5,025,000.00
Agenda Item #5-Refunds/Transfers to Other Systems
Vote to consider the twelve (12) requests for refunds and transfers to other systems. The names have been submitted to their particular Department, the Law Department and the Massachusetts Department of Revenue.
Agenda Item #6-Redeposit of Refunds and Makeup of Contributions
Vote to consider the makeup of contributions to:
1. James Crogan, Police Department, purchasing 2 years and 1 month at Municipal Hospital as a part time Cafeteria and Office worker.
Agenda Item #7-Involuntary Accidental/Ordinary Disability-Jose Diaz/Police Department
Vote to consider the Involuntary Accidental/Ordinary Disability application submitted by Police Commissioner John Barbieri, and request that PERAC convene a medical panel. Tabled from June 14, 2017 meeting.
Agenda Item #8-Accidental Disability-Ginny Lapointe/School Department
Vote to consider the acceptance of the application for Accidental Disability benefits submitted by Ginny Lapointe, and request that PERAC convene a medical panel.
Agenda Item #9-Accidental Disability-Michael Surprise/School Department
Vote to consider the acceptance of the application for Accidental Disability benefits submitted by Michael Surprise, and request that PERAC convene a medical panel.
Agenda Item #10-Director’s Report
• PERAC final approval of Retirement Benefits
• Benefit Verification Forms/Affidavits
• Pension Technology Group (PTG) Update
Agenda Item #11-Attorney’s Report
Agenda Item #12-Old Business
Agenda Item #13-New Business
F. Y. I.
• PERAC Memos
• #18 Tobacco Company List
• #19 PROSPER System Changes
• #20 Application of New Public Records Law on Local, County and Regional Retirement Boards
• May PRIT Fund Update
• Crescendo Ventures 1st Quarter report
• Trial Balance, Adjusting Entries, Receipts, Disbursements and General Ledger for the month of May
• Treasurer’s Reconciliation for the month of May
• Budget Balances as of June
• Monthly Transfers for June
• Recent Retiree Deaths
Next meeting: August 9, 2017
The Board reserves the right to consider items on the agenda out of order. In addition, the Board may enter into Executive Session during the meeting if requested by the individual or as deemed necessary by the Board or its Legal Counsel.