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DANIEL SEFERIAN moved to approve the following vouchers: <br />2008 Voucher # 50 <br />Town of Reading Treasurer <br />$ 13,900.26 <br />51 <br />Town of Reading Treasurer <br />$551,353.14 <br />52 <br />Town of Reading <br />$ 154.89 <br />53 <br />Middlesex Retirement Board <br />$ 23,279.30 <br />54 <br />State Retirement Board <br />$ 21,106.09 <br />55 <br />Colleen Loughlin <br />$ 526.71 <br />56 <br />Law Office of Nicholas Poser <br />$ 3,449.25 <br />SECONDED BY: GAIL LAPOINTE <br />VOTED: (3-0-0) UNANIMOUS <br />INFORMATION/QUESTIONS/OTHER ITEMS <br />Feb-June Administrator's Salary <br />June retiree payroll <br />Postage due to Town <br />Section 3(8)(c) Reimbursement <br />Section 3(8)(c) Reimbursement <br />Reimb for Travel Exp-MACRS Conf. <br />Legal Serv (R. Toussaint) <br />• A check was received from Middlesex Retirement Board and State Retirement Board for full payment of its <br />Section 3(8)(c) reimbursement. All Section 3(8)(c) payments to the Reading Retirement Board have been <br />received. All Section 3(8)(c) payments to other systems have been paid by the Reading Retirement Board. <br />• Received the Board's Brief from Nicholas Poser in support of CRAB's denial of Mr. Toussaint's application <br />for accidental disability retirement. The Court has not scheduled a hearing on Mr. Toussaint's appeal. <br />• Received memo from PERAC regarding Accidental Disability retiree, Charles Johnson. Mr. Johnson has <br />been examined by 3 restoration to service physicians on February 26, 2002. The physicians were unanimous <br />in their decision, finding Charles Johnson able to return to service. A request has been sent to Edward <br />McIntire. If this member's position is currently not available or has been eliminated, contact HRD and ask <br />the Personnel Administrator for a determination as to whether vacancies in the same department are deemed <br />to be similar to the position from which the member retired. <br />• Retiree Paul Sheridan and Domenic Ricci received a "Notification of Termination" from PERAC for failure <br />to file their 2007 Annual Statement of Earned Income. The Board Administrator will send a letter to Mr. <br />Sheridan and Mr. Ricci regarding this issue. <br />• Copies of the following Reading Retirement Board reports were handed out for review: <br />The PRIT fund's monthly statement & fund performance for period ending May 31, 2008. <br />General Ledger Trial Balance as of May 31, 2008. <br />Bank Reconciliation for the month ending May 31, 2008. <br />• The next board meetings will be July 23, August 27, September 24, October 29, November 25, and December <br />17, 2008 at 6:00 pm in the Lower Level Conference Room. . <br />MEMORANDUMS & LETTERS RECEIVED <br />PERAC Memo #20/2008 - Procedures for Retirement System Audits Performed by Certified Public Accounting <br />Firms Authorized Under Chapter 32, Section 21(1)(a). <br />PERAC Memo #21/2008 - Lawrence Driscoll. The Commission reviewed the findings of the State Ethics <br />Commission that Mr. Driscoll has violated Chapter 268A of the General Laws and voted to prohibit Mr. Driscoll <br />from engaging in any capacity with any Massachusetts public pension system. <br />Michael Reardon, Senior Client Service Officer from the PRIM Board, has resigned and accepted a new position <br />at Congress Asset Management in a Consultant Relations Role. <br />Email from Shawn Duhamel (MACRS) Re: Section 15, Local COLA Base Increase <br />