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2009-09-23 Retirement Board Minutes
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2009-09-23 Retirement Board Minutes
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SECONDED BY: FRANCIS DRISCOLL <br />VOTED: (5-0-0) UNANIMOUS <br />• DANIEL SEFERIAN moved to approve the following retirement application: <br />William Talbot, Jr. Custodian - School 12/28/09 25 years, 3 months Option A <br />(Superannuation) <br />SECONDED BY: FRANCIS DRISCOLL <br />VOTED: (5-0-0) UNANIMOUS <br />• DANIEL SEFERIAN moved to approve the following refund of accumulated deductions: <br />Daniel Pouliot Resigned 2/28/08 2 yrs, 11 mths <br />(Fire) Total deductions & interest $ 18,302.21 <br />Less 100% interest $ 209.86 <br />Less 20% federal tax $ 3,618.47 <br />Net refund (Cash) $ 14,473.88 <br />Patrick Imperato <br />(Police) <br />Terminated 2/20/09 <br />Total deductions & interest <br />Less 20% federal tax <br />Net refund (Cash) <br />5 mths <br />$ 1,660.46 <br />$ 333.03 <br />$ 1,332.12 <br />SECONDED BY <br />VOTED: <br />FRANCIS DRISCOLL <br />(5-0-0) UNANIMOUS <br />APPROVAL OF MISCELLANEOUS ITEMS <br />• FRANCIS DRISCOLL moved to elect Colleen Loughlin as Election Officer for the election of the second <br />elected member. Joe Veno's term as board member expires on March 31, 2010. <br />SECONDED BY: DANIEL SEFERIAN <br />VOTED: (5-0-0) UNANIMOUS <br />APPROVAL OF VOUCHERS <br />• DANIEL SEFERIAN moved to approve the following vouchers: <br />2009 Voucher # 72 Sept Retirement Allowances <br />$453,902.08 <br />Net Retiree Payroll <br />Town of Reading Treasurer <br />$ <br />43,422.62 <br />Health Insurance Deductions <br />Reading Credit Union <br />$ <br />28,974.00 <br />Credit Union Deductions <br />Commonwealth of Mass. <br />$ <br />623.12 <br />RHA Health Ins. Deductions <br />Internal Revenue Service <br />$ <br />40,756.77 <br />Federal Tax Deductions <br />Commonwealth of Mass. <br />$ <br />1,752.33 <br />State Tax Deductions <br />73 Town of Reading Treasurer <br />$ <br />3,624.76 <br />Sept Administrator's Salary <br />74 Town of Reading <br />$ <br />292.47 <br />Postage due to Town <br />
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