December 4, 2024, Meeting Agenda

AGENDA FOR THE SPRINGFIELD RETIREMENT BOARD MEETING
70 TAPLEY STREET, SPRINGFIELD, MA 01104
TO BE HELD ON DECEMBER 4, 2024 AT 5:00 P.M.

Agenda Item #1-Minutes
Vote to consider approving the open and executive session minutes of the meeting held on November 6, 2024.

Agenda Item #2-Involuntary Accidental Disability Application-Hector Morales-Police Department
Vote to consider the responses of the medical panel for Involuntary Accidental Disability benefits submitted by Police Superintendent Lawrence Akers.

Agenda Item #3-Involuntary Accidental Disability Application-Ahmad Sharif-Police Department
Vote to consider the responses of the medical panel for Involuntary Accidental Disability benefits submitted by Police Superintendent Lawrence Akers.

Agenda Item #4-Involuntary Accidental Disability Application-Randolph Blake-Fire Department
Vote to consider the acceptance of the application for Involuntary Accidental Disability benefits
submitted by Fire Commissioner Bernard Calvi, and request that PERAC convene a medical panel.

Agenda Item #5-Superannuation Applications
Vote to consider the acceptance of the following Superannuation Applications:
1. Gregory Ashe, Messenger Clerk, Community Development with 33 years and 10 months
as of January 4, 2025.
2. Aristides Casillas, Sr., Police Officer, Police Department with 28 years and 3 months
as of January 18, 2025.
3. Linda Fisher, Sped Para Educator, School Department with 26 years and 11 months
as of January 9, 2025.
4. Beth Joffe, Communications Training Officer I, Police Department with 36 years and
10 months as of January 3, 2025.
5. Thomas Pasini, Police Officer, Police Department with 32 years and 2 months
as of January 2, 2025.
6. Jose Robles, Police Officer, Police Department with 26 years and 2 months
as of January 18, 2025.
7. Karen Simmons, Police Sergeant, Police Department with 30 years and 5 months
as of January 3, 2025.
8. John Tosado, Police Officer, Police Department with 32 years and 4 months
as of January 3, 2025.

Agenda Item #6-Superannuation Calculations
Vote to approve the three (3) retirement allowance calculations as presented to the Board according to statute.

Agenda Item #7-Redeposit of Refunds and Makeup of Contributions
Vote to consider the redeposit of refunds to:
1. David Spears, Sped Para Educator, School Department, for the refund from the Massachusetts Teachers’ Retirement System in 2012.
2. Jihan Stone, Sped Para Educator, School Department, for the refund from the Springfield Retirement System in 2023.

Agenda Item #8-Warrants
Vote to reaffirm the approval of the following warrants:
Warrant #73 Refunds in the amount of $156,925.68
Warrant #74 Transfers in the amount of $220,068.32
Warrant #75 Refunds in the amount of $30,970.68
Warrant #76 Refunds in the amount of $51,326.08
Warrant #77 Expenses in the amount of $60,037.42
Warrant #78 Retirement payroll in the amount of $8,146,624.20
and redemption from the PRIT fund in the amount of $6,000,000.00

Agenda Item #9-Refunds/Transfers to Other Systems
Vote to consider the thirty-five (35) 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 fifty-three (53) 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 financial reports for the month of October as presented to the Board.

Agenda Item #12-Director’s Report
 Gregory M. Caputo, Jr.-Restoration to Service

Agenda Item #13-Attorney’s Report

Agenda Item #14-Old Business

Agenda Item #15-New Business

Reports and Notices
 PERAC Memos
o #29-FY26 Appropriation Questionnaire in PROSPER
o #30-Cybersecurity Training
 PERAC Correspondence-Veterans Poster
 October PRIT Fund Update
 Budget Balances as of November
 Monthly Transfers as of November
 Recent Retiree Deaths
 List of Injury Reports
 Monthly Cash Flow

Next Monthly Board Meeting: January 8, 2025 @ 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 Ses