June 10, 2026, Meeting Agenda

AGENDA FOR THE SPRINGFIELD RETIREMENT BOARD MEETING
70 TAPLEY STREET, SPRINGFIELD, MA 01104
TO BE HELD ON JUNE 10, 2026 AT 5:00 P.M.

Agenda Item #1-Actuarial Valuation as of January 1, 2026
Discuss and vote to consider funding schedules as a result of the 1-1-26 actuarial valuation.

Agenda Item #2-Minutes
Vote to approve the minutes of the meeting held on May 6, 2026.

Agenda Item #3-Involuntary Accidental Disability Application-Brian Vigneault-Fire Department
Vote to consider the responses of the medical panel for Involuntary Accidental Disability benefits submitted by Commissioner Bernard Calvi.

Agenda Item #4-Involuntary Accidental Disability Application-Joseph Talmont-Fire Department
Vote to consider the acceptance of the application for Involuntary Accidental Disability benefits submitted by 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. David Burnett, Grounds Maintenance Man, Parks Department with 26 years and 2 months as of
May 30, 2026.
2. James Montcalm, Sr. Manager Technology Operations, School Department with 26 years as of
June 13, 2026.
3. Karen Murphy, Administrative Assistant, School Department with 17 years and 8 months as of
July 7, 2026.
4. Marian Plante, Sped Paraprofessional, School Department with 33 years and 5 months as of
June 24, 2026.
5. Miriam Quiles, Parent Coordinator, School Department with 11 years and 7 months as of
June 30, 2026.
6. Ramon Santana, Police Officer, Police Department with 32 years as of July 19, 2026.
7. Julio Vazquez, Police Officer, Police Department with 31 years and 4 months as of July 6, 2026.
8. Sandra West, Performance Auditor, Springfield Housing Authority with 33 years and 4 months
as of August 7, 2026.

Agenda Item #6-Superannuation Calculations
Vote to approve the ten (10) 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. Angelica Castro, Administrative Assistant, Health Department, for the refund from the Springfield Retirement System in 2023.
2. Lizbeth Rivera, Clerk Principal, Fire Department, for the refund from the Springfield Retirement System in 2025.
3. Frances Yacovone, Sped Para Educator, School Department, for the refund from the Hampden County Retirement and the State Retirement in 2000.
Agenda Item #8-Warrants
Vote to reaffirm the approval of the following warrants:
Warrant # 40 Refunds in the amount of $229,025.96
Warrant # 41 Transfers in the amount of $266,123.83
Warrant # 42 Refunds in the amount of $106,879.35
Warrant # 43 Expenses in the amount of $168,718.56
Warrant # 44 Retirement payroll in the amount of $8,359,768.49
and redemption from the PRIT fund in the amount of $7,200,000.00

Agenda Item #9-Refunds/Transfers to Other Systems
Vote to consider the forty-five (45) 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 forty (40) 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 April as presented to the Board.

Agenda Item #12-Director’s Report
• MGL Chapter 32 Section 91A-Compliance of 91A Reporting and 91A Terminations
• Update on Retirement Board Member Election
• Update of 2026 Affidavits – Benefit Verification Forms

Agenda Item #13-Attorney’s Report

Agenda Item #14-Old Business

Agenda Item #15-New Business

Reports and Notices
 PERAC Memos
o #16 - 91A Prosper Tasks
o #17 - PROSPER Login Enhancements
o #18 – Tobacco Company List
 PERAC Correspondence-COLA Reform Language in the House Ways and Means FY27 Budget
 PRIT Fund Update – April
 Treasurer’s Reconciliation for the month of April
 Budget Balances as of May
 Monthly Transfers as of May
 Recent Retiree Deaths
 List of Injury Reports
 Monthly Cash Flow

Next Monthly Board Meeting: July 8, 2026 @ 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.