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Robert Stark DPW 1/3/14 40 years, 8 mths Option B <br />(Superannuation) Annuity: $ 7,433.40 <br />Pension: $42,360.72 <br />Yearly: $49,794.12 <br />Monthly: $ 4,149.51 <br />James Richardson DPW 1/4/14 <br />(Superannuation) Annuity: <br />Pension: <br />Yearly: <br />Monthly: <br />SECONDED BY: THOMAS CLOUGH <br />VOTED: (3 -0 -0) UNANIMOUS <br />42 years, 2 mths Option C <br />$ 8,745.12 <br />$48,505.32 <br />$57,250.44 <br />$ 4,770.87 <br />• JOSEPH VENO moved to approve application for refund of accumulated deductions: <br />Stephen Quigley Terminated 1/3/14 2 years, 6 mths <br />(DPW) Total deductions & interest $ 6,337.16 <br />Less Interest $ 0.00 <br />Less 20% federal tax ($782.40 already taxed) $ 1,110.95 <br />Net refund (cash) $ 5,226.21 <br />SECONDED BY: THOMAS CLOUGH <br />VOTED: (3 -0 -0) UNANIMOUS <br />APPROVAL OF MISCELLANEOUS ITEMS <br />JOSEPH VENO moved to approve request from Board Administrator to attend the PERAC Pre - Retirement <br />Counseling -Post Retirement Earnings Limit Class being held at PERAC office in Somerville. The <br />Administrator would also like to attend the Survivor Benefits and Other Cases of Interest Training Class <br />being held at PERAC office in Somerville. <br />SECONDED BY: RICHARD FOLEY <br />VOTED: (4 -0 -0) UNANIMOUS <br />APPROVAL OF INVOICES TO BE PAID <br />JOSEPH VENO moved to approve the following warrant #AP022014 totaling $809,897.72: <br />Commonwealth of Mass. <br />$ <br />509.08 <br />RHA Health Ins. Deductions <br />Commonwealth of Mass. <br />$ <br />1 ,604.63 <br />State Tax Deductions <br />Commonwealth of Mass. <br />$ <br />2,051.30 <br />Child Support <br />Internal Revenue Service <br />$ <br />64,191.43 <br />Federal Tax Deductions <br />Reading Credit Union <br />$ <br />36,017.00 <br />Credit Union Deductions <br />February Retirement Allowances <br />$ <br />569,467.88 <br />Net Retiree Payroll <br />Town of Reading Treasurer <br />$ <br />45,497.69 <br />Hlth, Life, & Dental Ins. Deductions <br />Town of Reading <br />$ <br />370.55 <br />Postage due Town <br />Town of Reading Treasurer <br />$ <br />5,173.52 <br />Feb Admin Salary & Benefits <br />Law Offices of Michael Sacco <br />$ <br />48.00 <br />Legal Expense — IRS Private Letter <br />Ruling and Case Law <br />Middlesex County Retirement Board <br />$ <br />5,596.09 <br />Transfer to Other Systems -D. Furbush <br />