AGENDA FOR THE SPRINGFIELD RETIREMENT BOARD MEETING
70 TAPLEY STREET, SPRINGFIELD, MA 01104
TO BE HELD ON NOVEMBER 2, 2022 AT 4:00 P.M.
Agenda Item #1-Michael Nelligan from Powers and Sullivan
To present an overview of the audit done of the Springfield Retirement System.
Agenda Item #2-Manager Performance Review & Discussion – PRIM
Francesco Daniele from PRIM will present an overview.
Agenda Item #3-Minutes
Vote to consider approving the minutes of the meeting held on October 5, 2022.
Agenda Item #4-Accidental Disability Application-Luis Arroyo-Department of Public Works
Vote to consider the responses of the medical panel for Accidental Disability benefits submitted by Luis Arroyo.
Agenda Item #5-Involuntary Accidental Disability-Misael Rodriguez-Springfield Police Department.
Vote to consider the acceptance of the Involuntary Accidental Disability application for Misael Rodriguez submitted by Police Superintendent Cheryl Clapprood.
Agenda Item #6 -Superannuations
Vote to consider the acceptance of the following Superannuations:
1. Gregory Barber, Maintenance Coordinator, Water and Sewer Commissions, 20 years and 5 months as of
February 14, 2023.
2. Luz Colon, Para Educator, School Department with 13 years and 9 months as of December 31, 2022.
3. James Foster, Junior Custodian, School Department with 25 years as of October 20, 2022.
4. Brenda Gallucci, Clerk Typist Senior, Police Department with 23 years as of October 6, 2022.
5. Angelita Lopez, Para Educator, School Department with 23 years and 7 months as of December 24, 2022.
6. Aaron Kashmanian, Sheet Metal Worker, Facilities Physical Plant with 15 years and 3 months as of January 14, 2023.
7. Linda Kashmanian, Principal Clerk Typist, School Department with 32 years and 3 months as of January 14, 2023.
8. Michael Roberts, Senior Custodian, School Department with 22 years and 8 months as of October 20, 2022.
9. Willie Spears, Firefighter, Fire Department with 33 years and 8 months as of January 8, 2023.
Agenda Item #7-Warrants
Vote to reaffirm the approval of the following warrants:
Warrant #56 Refunds in the amount of $342,477.02
Warrant #57 Expenses in the amount of $11,770.84
Warrant #58 Expenses in the amount of 79,705.50
Warrant #59 Transfers in the amount of $110,612.86
Warrant #60 Refunds in the amount of $45,758.71
Warrant #61 Retirement payroll in the amount of $7,382,579.00
and redemption from the PRIT fund in the amount of $6,125,000.00
Agenda Item #8-Redeposit of Refunds and Makeup of Contributions
Vote to consider the redeposit of refunds to:
1. Ashley Demarey, Field Services Manager, Water and Sewer Department, for the refund from the Hampshire County Retirement Board in 2019.
2. Latrina J. Haynie, Para Educator, School Department, for the refund from the Springfield Retirement System in 2005.
3. Debra A. Holben, Clerk, School Department, for the 3 refunds from the Springfield Retirement System in 1977, 2003, & 2009.
4. Donna M. Imelio, Para Educator, School Department, for the refund from the Springfield Retirement System in 2018.
5. Carmen J. Molina Figueroa, Support Staff, School Department, for the refund from the Springfield Retirement System in 2021.
6. Cameo Restrepo, Benefits Specialist, Benefits Department, for the refund from the Springfield Retirement System in 2010.
7. Sheyla M. Silva, Para Educator, School Department, for the refund from the Springfield Retirement System in 2021.
8. John A. Toledo, Police Officer, Police Department, for the refund from the Springfield Retirement System in 2021.
Vote to consider the makeup of contributions to:
1. Tommie Hart, Police Officer, Police Department, for 9 months of employment with the School Department.
2. Tyler Kenefick, City Solicitor 1st Associate, Law Department, for 8 months of employment with the Law Department.
Agenda Item #9-Refunds/Transfers to Other Systems
Vote to consider the sixteen ( 16 ) 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 #10-Benefits under Section 9
Vote to consider survivor benefits to the beneficiary of Mark J. Giannini of the Fire Department-Deceased
Agenda Item #11-Benefits under Section 9
Vote to consider survivor benefits to the beneficiary of Dennis G. Leger of the Fire Department-Deceased
Agenda Item #12-Benefits under Section 101
Vote to consider survivor benefits to the beneficiary of Bernard C. Reid III of the Police Department-Deceased
Agenda Item #13-Meeting dates for Calendar Year 2023
Set the meeting dates for 2023.
Agenda Item #14-Director’s Report
MGL Chapter 32 Section 91A – Excess Earnings
Agenda Item #15-Attorney’s Report
Agenda Item #16-Old Business
Agenda Item #17-New Business
F. Y. I.
PERAC Memos
#26-Appropriation Data Due October 31,2022
#27–Free State-sponsored Cybersecurity Training
PERAC-Actuarial Valuation as of 1-1-22
PRIT Fund Update-September
Trial Balance, Adjusting Entries, Receipts, Disbursements and General Ledger for the month of September
Budget Balances as of October
Monthly Transfers for October
Recent Retiree Deaths
Monthly Cash Flow
Next Monthly Board Meeting: December 7, 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.