MINUTES FOR THE SPRINGFIELD RETIREMENT BOARD MEETING
70 TAPLEY STREET, SPRINGFIELD, MA 01104
HELD ON JUNE 10, 2026 AT 5:00 P.M.
Present: Robert Moynihan, Thomas Scanlon, Haskell Kennedy, Patrick Burns, Karl Schmaelzle, Attorney Alfredo ViVenzio, Teresa D’Agostino, Recording Clerk, Cathy Buono, Christopher Geraghty, Domenic Pellegrino, Commissioner Bernard Calvi, Attorney John Connor, Brian Vigneault, Joseph Talmont, Renata Talmont. John Boorack, PERAC Actuary, and Benjamin Condon PERAC Actuarial Assistant participated remotely.
Agenda Item #1-Actuarial Valuation as of January 1, 2026
John Boorack, the PERAC Actuary, gave a presentation on the actuarial valuation results as of January 1, 2026. He went over the assumptions used in the valuation as well as any changes. Mr. Boorack provided three funding schedule alternatives for discussion. After analyzing these schedules provided by PERAC, a motion was made by Scanlon to adopt Funding Schedule Alternative 2 which is the 8.0% per year increasing schedule until FY33 with a final amortization payment in FY34, second by Schmaelzle. Scanlon, yes, Kennedy, yes, Schmaelzle, yes, Burns, yes, Moynihan, yes. Chairman Moynihan thanked everyone for attending the meeting, as well as John Boorack, PERAC’s Actuary, for his presentation.
Agenda Item #2-Minutes
Motion made by Kennedy to approve the minutes of the meeting held on May 6, 2026, second by Burns. Scanlon, yes, Kennedy, yes, Schmaelzle, yes, Burns, yes, Moynihan, yes.
Agenda Item #3-Involuntary Accidental Disability Application-Brian Vigneault-Fire Department
The medical panel results were reviewed and discussed. Motion was made by Scanlon to accept the responses of the medical panel for Involuntary Accidental Disability benefits submitted by Commissioner Bernard Calvi, the evidence of the application, and approve the Involuntary Accidental Disability benefits, second by Schmaelzle. Scanlon, yes, Kennedy, yes, Schmaelzle, yes, Burns, yes, Moynihan, yes.
Agenda Item #4-Involuntary Accidental Disability Application-Joseph Talmont-Fire Department
After review of the application and supporting documentation, a motion was made by Scanlon to accept the application for Involuntary Accidental Disability benefits submitted by Commissioner Bernard Calvi, and request that PERAC convene a medical panel, second by Schmaelzle. Scanlon, yes, Kennedy, yes, Schmaelzle, yes, Burns, yes, Moynihan, yes.
Agenda Item #5-Superannuation Applications
Motion made by Scanlon to approve the acceptance of the following Superannuation Applications: David Burnett, Grounds Maintenance Man, Parks Department with 26 years and 2 months as of May 30, 2026; James Montcalm, Sr. Manager Technology Operations, School Department with 26 years as of June 13, 2026; Karen Murphy, Administrative Assistant, School Department with 17 years and 8 months as of July 7, 2026; Marian Plante, Sped Paraprofessional, School Department with 33 years and 5 months as of June 24, 2026; Miriam Quiles, Parent Coordinator, School Department with 11 years and 7 months as of June 30, 2026; Ramon Santana, Police Officer, Police Department with 32 years as of July 19, 2026; Julio Vazquez, Police Officer, Police Department with 31 years and 4 months as of July 6, 2026; Sandra West, Performance Auditor, Springfield Housing Authority with 33 years and 4 months as of August 7, 2026, second by Kennedy. Scanlon, yes, Kennedy, yes, Schmaelzle, yes, Burns, yes, Moynihan, yes.
Agenda Item #6-Superannuation Calculations
Motion made by Burns to approve the ten (10) retirement allowance calculations as presented to the Board according to statute, second by Kennedy. Scanlon, yes, Kennedy, yes, Schmaelzle, yes, Burns, yes, Moynihan, yes.
Agenda Item #7-Redeposit of Refunds and Makeup of Contributions
Motion made by Schmaelzle to accept the redeposit of refunds to: Angelica Castro, Administrative Assistant, Health Department, for the refund from the Springfield Retirement System in 2023; Lizbeth Rivera, Clerk Principal, Fire Department, for the refund from the Springfield Retirement System in 2025; Frances Yacovone, Sped Para Educator, School Department, for the refund from the Hampden County Retirement and the State Retirement in 2000, second by Burns. Scanlon, yes, Kennedy, yes, Schmaelzle, yes, Burns, yes, Moynihan, yes.
Agenda Item #8-Warrants
Motion made by Burns to approve and 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, second by Kennedy. Scanlon, yes, Kennedy, yes, Schmaelzle, yes, Burns, yes, Moynihan, yes.
Agenda Item #9-Refunds/Transfers to Other Systems
Motion made by Burns to accept 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, second by Schmaelzle. Scanlon, yes, Kennedy, yes, Schmaelzle, yes, Burns, yes, Moynihan, yes.
Agenda Item #10-New Members
Motion made by Scanlon to accept 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 second by Kennedy. Scanlon, yes, Kennedy, yes, Schmaelzle, yes, Burns, yes, Moynihan, yes.
Agenda Item #11-Monthly Financial Reports
Motion made by Burns to accept the monthly financial reports for the month of April as presented to the Board, second by Scanlon. Scanlon, yes, Kennedy, yes, Schmaelzle, yes, Burns, yes, Moynihan, yes.
Agenda Item #12-Director’s Report
Deputy Director, Teresa D’Agostino, updated the Board on the status of the outstanding 91A requests for information, of disability retirees, who are not in compliance. Ms. D’Agostino informed the Board that Incumbent Board Member, Thomas Scanlon, retired Springfield Police Officer, and Donna McKellick, retired Sped Para Educator, have taken out nomination papers for the upcoming Retirement Board Election. The Ballots were mailed by May 26, 2026, and the counting of the ballots will be held on June 26, 2026. Deputy Director D’Agostino also provided an update on the outstanding Benefit Verification Forms.
Agenda Item #13-Attorney’s Report
Attorney ViVenzio updated the Board on the pending cases, which include the matters of Goodman, and Lefebvre.
Agenda Item #14-Old Business
None
Agenda Item #15-New Business
None
Reports and Notices
PERAC Memos #16-91A Prosper Tasks, #17-PROSPER Login Enhancements, #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
Motion made by Scanlon to adjourn at 5:55 P.M., second by Kennedy. Scanlon, yes, Kennedy, yes, Schmaelzle, yes, Burns, yes, Moynihan, yes.
The correspondence and reports were received and reviewed by the Board Members and the Executive Director and will be placed on file.
_________________________________________
Robert P. Moynihan, Chairman
__________________________________________
Thomas M. Scanlon, Elected Member
__________________________________________
Haskell O. Kennedy, Appointed Member
__________________________________________
Patrick S. Burns, Ex-Officio
_________________________________________
Karl J. Schmaelzle, 5th Member