If you are unable to attend the Springfield Retirement Board Meeting in person, please notify the Springfield Retirement Office by 4:30 PM on Tuesday, January 11, 2022, by emailing firstname.lastname@example.org to receive a link to attend the meeting remotely.
AGENDA FOR THE SPRINGFIELD RETIREMENT BOARD MEETING
SPRINGFIELD DPW CONFERENCE ROOM
70 TAPLEY STREET, SPRINGFIELD, MA 01104
TO BE HELD ON JANUARY 12, 2022 AT 5:00 P.M.
Agenda Item #1-Nominations for Chairman and Vice-Chairman
Vote to consider the Chairman and Vice-Chairman.
Agenda Item #2-Minutes
Vote to consider approving the minutes of the meeting held on December 1, 2021.
Agenda Item #3-Involuntary Accidental Disability Application-Matthew McElhiney-Fire Department
Vote to consider the acceptance of the application for Accidental Disability benefits submitted by Commissioner Bernard Calvi, and request that PERAC convene a medical panel.
Agenda Item #4-Accidental Disability Application-Marcus Earley-DPW-Solid Waste
Vote to consider the responses of the medical panel for Accidental Disability benefits submitted by Marcus Earley.
Agenda Item #5-Superannuations
Vote to consider the acceptance of the following Superannuations:
1. Michael Borecki, Custodian, School Department with 13 years as of 1/6/22.
2. Donald Brown, Police Officer, Police Department with 33 years and 7 months as of 2/25/22.
3. Frank Cordi, Crossing Guard, School Department with 10 years and 2 months as of 12/4/21.
4. Rene Jenkins, Assessor Analyst, Assessors Department with 34 years and 9 months as of 1/15/22.
5. Janet Kelly, Adult Literacy Manager, Library Department with 33 years as of 12/31/21.
6. Michael Maroney, Senior Custodian, School Department with 41 years and 9 months as of 1/8/22.
Agenda Item #6-Warrants
Vote to reaffirm the approval of the following warrants:
Warrant #70 Refunds in the amount of $143,325.69
Warrant #71 Refunds in the amount of $20,676.38
Warrant #72 Refunds in the amount of $111,142.87
Warrant #73 Refunds in the amount of $276,915.61
Warrant #74 Expenses in the amount of $68,192.07
Warrant #75 Refunds in the amount of $820.74
Warrant #76 Expenses in the amount of $3,699.62
Warrant #77 Retirement payroll in the amount of $7,133,066.78
and redemption from the PRIT fund in the amount of $5,000,000.00
Warrant #78 Expenses in the amount of $1,152.27
Warrant #1 Expenses in the amount of $2,853.84
Agenda Item #7-Refunds/Transfers to Other Systems
Vote to consider the twenty-three (23) 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 #8-Director’s Report
Update on 2021 Affidavits - Benefit Verification Forms
Agenda Item #9-Attorney’s Report
Agenda Item #10-Old Business
Agenda Item #11-New Business
F. Y. I.
o #1-Fraud Attempt
November PRIT Fund Update
PRIM-FY 2021 Annual Comprehensive Financial Report
Trial Balance, Adjusting Entries, Receipts, Disbursements and General Ledger for the month of November
Treasurer’s Reconciliation for the month of October
Budget Balances as of December
Monthly Transfers for December
Recent Retiree Deaths
Monthly Cash Flow
Next Monthly Board Meeting: February 2, 2022 @ 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.