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114"9 <br />• The next board meeting will be January 27, 2010 at 6:00 pm in the Lower Level Conference Room. <br />MEMORANDUMS & LETTERS RECEIVED <br />PERAC Memo #45/2009 - Mandatory Ethics Training - The recently enacted Ethics Reform (Chapter 28 of the <br />Acts of 2009) created mandatory education and training requirements for all public employees. <br />PERAC Memo #46/2009 - Age 70-1/2 Distribution - Section 15 of Chapter 21 of the Acts of 2009 brings the <br />Massachusetts Retirement Systems into compliance with the federal requirement that persons who attain age 70- <br />1/2, who are not receiving a retirement allowance and who are not employed must begin taking a distribution <br />from the System by April 1 of the year following the year they attain age 70-1/2. <br />PERAC Memo #47/2009 - Amendment to Chapter 21 of the Acts of 2009 Accidental Disability Retirement <br />Allowance Calculation - Chapter 21 of the Acts of 2009 changed the amount of regular compensation for <br />purposes of calculating an accidental disability retirement allowance. Section 19 of Chapter 166 of the Acts of <br />2009 has again changed the regular compensation to be used in the calculation. Section 45 of Chapter 166 of the <br />Acts of 2009 has made this change effective on July 1, 2009. <br />PERAC Memo #48/2009 - Proposed Regulations Defining Regular Compensation - Hearings on this regulation <br />will be conducted and public comments will be accepted through January 19, 2010, for discussion at the <br />Commission meeting scheduled for January 26, 2010. <br />PERAC Memo #49/2009 - 2009 Disability Retiree Data <br />ADJOURNMENT <br />• RICHARD FOLEY moved to adjourn this open session at 7.15 P.M. <br />SECONDED BY <br />VOTED: <br />FRANCIS DRISCOLL <br />(5-0-0) UNANIM US <br />/ i an, Joseph R. V` en~o, 2nd elected <br />Francis P. Driscoll, I" elected <br />ice Chairman, Daniel Seferian, 2 na appointed <br />