April 5, 2023 Meetings - Agendas

AGENDA FOR THE SPRINGFIELD RETIREMENT BOARD MEETING
SPRINGFIELD DPW CONFERENCE ROOM
70 TAPLEY STREET, SPRINGFIELD, MA 01104
TO BE HELD ON APRIL 5, 2023 AT 4:00 P.M.

Agenda Item #1-MGL Chapter 32 Section 91A Hearing-Excess Earnings-Frank Arduino -Police Department
Hearing to discuss excess earnings under MGL Chapter 32, Section 91A. Tabled from February 15, 2023.

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.
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AGENDA FOR THE SPRINGFIELD RETIREMENT BOARD MEETING
70 TAPLEY STREET, SPRINGFIELD, MA 01104
TO BE HELD ON APRIL 5, 2023 AT 5:00 P.M.

Agenda Item #1-Minutes
Vote to consider approving the minutes of the meeting held on March 1, 2023.

Agenda Item #2-Accidental Disability Application-Edward VanZandt III-Police Department
Vote to consider the responses of the medical panel for Accidental Disability benefits submitted by Edward VanZandt.

Agenda Item #3-Involuntary Accidental Disability Application-Arjel Falcon-Police Department
Vote to consider the acceptance of the application for Involuntary Accidental Disability benefits submitted by Police Superintendent Cheryl Clapprood, and request that PERAC convene a medical panel.

Agenda Item #4-Accidental Disability-Michael Knowlton-Springfield Housing Authority
Vote to consider the acceptance of the Accidental Disability application submitted by Michael Knowlton, and request that PERAC convene a medical panel. Tabled from the March 1, 2023 meeting.

Agenda Item #5-Benefits under Section 9
Review and consider the PERAC remand regarding the survivor benefits to the beneficiary of William R. Yelinek, who retired from the Fire Department.

Agenda Item #6-Superannuation Applications
Vote to consider the acceptance of the following Superannuation Applications:
1. Joan Amell, Administrative Assistant, Water and Sewer Commission with 14 years and 7 months
as of April 1, 2023.
2. Fay Borgatti, Paraprofessional, School Department with 15 years and 6 months as of March 31, 2023.
3. Patricia Devine, Analyst, School Department with 37 years and 2 months as of July 6, 2023.
4. Lillian Garcia, Paraprofessional, School Department with 25 years and 1 month as of March 24, 2023.
5. Martin Germain Sr., Police Officer, Police Department with 39 years and 4 months as of March 22, 2023.
6. James Houle, Junior Custodian, School Department with 25 years and 9 months as of May 5, 2023.
7. Diane Jendrysik, Accounts Payable Clerk, Comptroller’s Office with 37 years and 2 months as of
June 30, 2023.
8. Brian Kennedy, Analyst, School Department with 19 years and 5 months as of April 5, 2023.
9. Andrey Kulyak, Motor Equipment Repairman, Department of Public Works with 11 years and 5 months as of April 29, 2023.
10. Evangelia Papamarkakis, Paraprofessional, School Department with 12 years and 4 months as of
June 23, 2023.
11. Lisa Sanford, Property Manager, Springfield Housing Authority with 25 years and 4 months as of
April 22, 2023.
12. Steven Tatro, Police Officer, Police Department with 33 years and 6 months as of May 13, 2023.

Agenda Item #7-Superannuation Calculations
Vote to approve the twenty-nine (29) retirement allowance calculations as presented to the Board according to statute.

Agenda Item #8-Warrants
Vote to reaffirm the approval of the following warrants:
Warrant #14 Transfers in the amount of $394,713.59
Warrant #15 Refunds in the amount of $72,471.12
Warrant #16 Expenses in the amount of $178,410.92
Warrant #17 Expenses in the amount of $739.69
Warrant #18 Refunds in the amount of $48,655.71
Warrant #19 Retirement payroll in the amount of $7,900,316.12
and redemption from the PRIT fund in the amount of $5,500,000.00

Agenda Item #9-Refunds/Transfers to Other Systems
Vote to consider the thirty-two (32) requests for refunds and transfers to other systems as presented to the Board. The names have been submitted to their particular Department, the Law Department and the Massachusetts Department of Revenue.

Agenda Item #10-New Members
Vote to consider the sixty-six (66) New Members for membership due to their employment within the member units of the Springfield Retirement System as presented to the Board.

Agenda Item #11-Monthly Financial Reports
Vote to accept the monthly after-closing financial reports for the month of December, as well as the monthly financial reports for the months of January and February as presented to the Board.

Agenda Item #12-Director’s Report
 PERAC Memo #11 Extension of Open Meeting Law Waivers
 Reorganization-Continuity Plan-Retirement Office
 Communication from Retiree
 2022 Annual Statement

Agenda Item #13-Attorney’s Report
 Accounting Hearing-Lisa Martinez/Laurene Verallis (Deceased)
 Addendum to Agreement for Legal Services

Agenda Item #14-Old Business

Agenda Item #15-New Business

Reports and Notices

 PERAC MEMOS
o #9 2023 Tobacco Company List
o #10 2023 Mandatory Retirement Board Member Training – 2nd Quarter 2023
o #11 Extension of Open Meeting Law Waivers
 PERAC Pension News
 PRIT Fund Update-February
 Treasurer’s Reconciliations
 Crescendo Ventures-Quarterly Reports
 Budget Balances as of March
 Monthly Transfers as of March
 Recent Retiree Deaths
 List of Injury Reports
 Silicon Valley Bank Correspondence
 Monthly Cash Flow

Next Monthly Board Meetings: May 3, 2023 @ 5:00 P.M.

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. Items listed for discussion in Executive Session may be conducted in open session in addition to or in lieu of discussion in Executive Session.