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, July 12, 2022, by emailing sbaltazar@springfieldcityhall.com 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 JULY 13, 2022 AT 5:00 P.M.
Agenda Item #1-Election by Declaration
Vote to declare Robert Moynihan as an elected member of the Springfield Retirement Board.
Agenda Item #2-Minutes
Vote to consider approving the minutes of the meeting held on June 1, 2022.
Agenda Item #3-Accidental Disability Application-Philip Washington-School Department
Vote to consider the responses of the medical panel for Accidental Disability benefits submitted by Philip Washington.
Agenda Item #4-Involuntary Ordinary Disability Application-Lloyd Smith-Fire Department
Vote to consider the responses of the medical panel for Involuntary Ordinary Disability benefits submitted by Commissioner Bernard Calvi.
Agenda Item #5-Accidental Disability Application-Heriberto Rodriguez-Water and Sewer Commission
Vote to consider the responses of the medical panel for Accidental Disability benefits submitted by Heriberto Rodriguez.
Agenda Item #6-Accidental Disability Application-Luis Arroyo-Department of Public Works
Vote to consider the acceptance of the application for Accidental Disability benefits submitted by Luis Arroyo and request that PERAC convene a medical panel.
Agenda Item #7-Involuntary Accidental Disability Application-Roberto Matos-Police Department
Review additional information from PERAC regarding the application for Accidental Disability benefits submitted by Police Superintendent Cheryl Clapprood.
Agenda Item #8-Superannuations
Vote to consider the acceptance of the following Superannuations:
1. Judith Allen, Paraprofessional, School Department with 15 years and 6 months as of July 31, 2022.
2. Joseph Boisseau, Skilled Laborer II, School Department with 11 years and 4 months as of June 30, 2022
3. Sandra Cope, Paraprofessional, School Department with 11 years and 8 months as of June 27, 2022.
4. Naomi DeChristopher, Procurement Assistant, Springfield Housing Authority with 11 years and 10 months as of July 29, 2022.
5. Nancy Duggan, Paraprofessional, School Department with 29 years and 5 months as of July 1, 2022.
6. Andrew Gay, Greens Superintendent, Parks Department with 24 years and 5 months as of September 17, 2022.
7. Beatriz Flores, Principle Clerk, School Department with 23 years and 10 months as of August 1, 2022.
8. Debra Kelly, Paraprofessional, School Department with 11 years and 1 month as of July 8, 2022.
9. Rosa Leo, Warehouse Manager, Springfield Housing Authority with 36 years and 4 months as of June 24, 2022.
10. Laureen Lappe, Administrative Assistant, School Department with 34 years and 8 months as of August 1, 2022.
11. Edward Paulhus, Firefighter, Fire Department with 26 years and 11 months as of June 30, 2022.
12. Richard Pelchar, Police Sergeant, Police Department with 33 years and 5 months as of August 20, 2022.
13. Ludlow Price, IPP/CCCP Inspector, Water and Sewer Commission with 29 years and 9 months as of June 29, 2022.
14. George Williamson, Foreman, Springfield Housing Authority with 36 years and 10 months as of July 9, 2022.
Agenda Item #9-Warrants
Vote to reaffirm the approval of the following warrants:
Warrant #32 Refunds in the amount of $103,718.45
Warrant #33 Transfers in the amount of $170,420.08
Warrant #34 Refunds in the amount of $39,293.43
Warrant #35 Expenses in the amount of $59,251.99
Warrant #36 Expenses in the amount of $8,549.69
Warrant #37 Expense in the amount of $16,471.19
Warrant #38 Retirement payroll in the amount of $7,272,303.28
and redemption from the PRIT fund in the amount of $2,200,000.00
Agenda Item #10-Refunds/Transfers to Other Systems
Vote to consider the forty-two (42) 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 #11-Redeposit of Refunds and Makeup of Contributions
Vote to consider the redeposit of refunds to:
1. Matthew Ferri, Compliance Project Manager, CAFO, for redeposits from the State Board of Retirement in 1993 & 1998, and for the redeposit from the Springfield Retirement System in 2001.
Vote to consider the makeup of contributions to:
1. Melissa Griffith, Manager, School Department, for 1 year of employment with the School Department.
2. Wai Si Shing, Financial Analyst, Retirement Department, for 1 year 2 months of employment with the Treasurer’s Department.
Agenda Item #12-Benefits under Section 9
Vote to consider survivor benefits to the beneficiary of Isaiah Robbins, Jr. of the Police Department-Deceased.
Agenda Item #13-Director’s Report
• Correspondence from PERAC regarding the 1-1-22 Actuarial Valuation
• Review funding schedules as a result of the 1-1-22 Actuarial Valuation
• MGL Chapter 32 Section 91A-Compliance of 91A Reporting and 91A Terminations
• 2022 Affidavits - Benefit Verification Forms
Agenda Item #14-Attorney’s Report
Agenda Item #15-Old Business
Agenda Item #16-New Business
F. Y. I.
PERAC Memos
#13-2021 Salary Verification Request
#14-Supreme Judicial Court decision in Vernava II – Action Required
#15-Tobacco Company List
#16-2022 Waiver of Section 91 Limits for Superannuation Retirees in the Public Sector
#17-2022 Mandatory Retirement Board Member Training – 3rd Quarter 2022
PERAC Pension Newsflash
2021 PERAC Investment Report
May PRIT Fund Update
Trial Balance, Adjusting Entries, Receipts, Disbursements and General Ledger for the month of May
Treasurer’s Reconciliation for the month of April
Budget Balances as of June
Monthly Transfers for June
Recent Retiree Deaths
Monthly Cash Flow
Next Monthly Board Meeting: August 3, 2022 @ 4:00 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.