MINUTES FOR THE SPRINGFIELD RETIREMENT BOARD MEETING
70 TAPLEY STREET, SPRINGFIELD, MA 01104
HELD ON DECEMBER 4, 2019 AT 5:00 P.M.
Present: Thomas Scanlon, Robert Moynihan, Patrick Burns, Philip Mantoni, Haskell Kennedy, Attorney Alfredo ViVenzio, Executive Director, Susana Baltazar, Judy Dziobek, Recording Clerk
Chairman Scanlon called the meeting to order at 5:00 P.M.
Agenda Item #1-Minutes
Motion made by Kennedy to approve the minutes of the meeting held on November 6, 2019, second by Moynihan and voted unanimously.
Agenda Item #2-Superannuations
Motion made by Moynihan to accept the following Superannuations: John Carolan, Sergeant, Police Department with 31 years and 7 months as of 1/4/2020; William Fay, Junior Custodian C, School Department with 27 years and 4 months as of 11/20/19; James Grindle, Auto Refuse Collector, DPW with 18 years and 10 months as of 1/3/2020; Linda Mehrman, Crossing Guard, School Department with 33 years and 9 months as of 12/21/19; Vincent Neffinger, District Fire Chief Commander, Fire Department with 32 years and 5 months as of 1/2/2020; David Pagan-Ruiz, Police Officer, Police Department with 31 years and 2 months as of 1/3/2020; Patricia Poehler, Associate City Solicitor, Law Department with 15 years as of 1/24/2020; Louise Taylor, Vital Records Clerk, Office of the City Clerk, with 32 years as of 1/4/2020, second by Burns and voted unanimously.
Agenda Item #3-Warrants
Motion made by Moynihan to approve and reaffirm the following warrants: Warrant #58 Expenses in the amount of $2,957.90, Warrant #59 Transfers in the amount of $26,350.31, Warrant #60 Refunds in the amount of $69,757.02, Warrant #61 Expenses in the amount of $51,876.58, Warrant #62 Refunds in the amount of $10,801.21, Warrant #63 Retiree payroll in the amount of $6,747,401.42 and redemption from the PRIT fund in the amount of $5,075,000.00, second by Kennedy and voted unanimously.
Agenda Item #4-Refunds/Transfers to Other Systems
Motion made by Mantoni to consider the seven (7) 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, second by Kennedy and voted unanimously.
Agenda Item #5-Redeposit of Refunds and Makeup of Contributions
Motion made by Moynihan to approve the makeup of contributions to: Sandra Butler, Paraprofessional, School Department for 6 months of employment with the School Department, second by Burns and voted unanimously. Motion made by Moynihan to approve the redeposit of refunds to: Shauna Wilson, Paraprofessional, School Department, for the refund from the Massachusetts Teachers’ Retirement System in 2017, second by Burns and voted unanimously.
Agenda Item #6-Director’s Report
Executive Director Baltazar updated the Board on the PRIT year to date performance. Ms. Baltazar also informed the Board that the PERAC disability approvals for Christopher Guyer and Robert Fancy were received.
Agenda Item #7-Attorney’s Report
Attorney Vivenzio stated that he has a few cases pending and will update the Board accordingly.
Agenda Item #8-Old Business
Agenda Item #9-New Business
F. Y. I. PERAC Pension News, October PRIT Fund Update, Trial Balance, Adjusting Entries, Receipts, Disbursements and General Ledger for the month of October, Crescendo Ventures-Quarterly Report, Boston Millennia-Quarter Report, Budget Balances as of November, Monthly Transfers for November, Recent Retiree Deaths, Monthly Cash flow
The correspondence and reports were received and reviewed by the Board Members and the Executive Director.
Motion made by Moynihan to adjourn at 5:10 P.M. second by Kennedy and voted unanimously.
Thomas M. Scanlon, Chairman
Robert P. Moynihan, Elected Member
Haskell Kennedy, Appointed Member
Patrick S. Burns, Appointed Member
Philip J. Mantoni, 5th Member