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10 42 <br />di <br />MINUTES OF THE READING RETIREMENT BOARD M + FG j <br />Wednesday, August 22, 2007 TOWN CLERK <br />READING, MASS <br />The Reading Retirement Board held a regular session meeting on August 22, 2007, in The Lower Level <br />Conference Room, Town Hall, Reading, Massachusetts. ZOO] OCT 3 r A 9: 09 <br />The meeting was called to order at 6:05 P.M. by Chairman Joseph Veno in the presence of members Gail <br />LaPointe, Richard Foley, Daniel Seferian, Francis Driscoll, and Board Administrator, Colleen Loughlin. <br />MINUTES <br />• Regular session minutes for the June 27, 2007 meeting were signed by all board members, except Richard <br />Foley who was not able to attend. <br />• FRANICS DRISCOLL moved to accept the July 25, 2007 regular session minutes as written. <br />SECONDED BY: RICHARD FOLEY <br />VOTED: (5-0-0) UNANIMOUS <br />APPROVAL OF NEW MEMBERS, RETIREMENTS, TRANSFERS AND REFUNDS <br />• FRANCIS DRISCOLL moved to approve the following new members: <br />Matthew Brown RMLD Date of hire - 7/27/07 9%+2% <br />(Troubleman) Funds to be transferred from Essex <br />Richard Puliafico RMLD Date of hire & membership - 8/2/07. 9% +2% <br />(Lineman Apprentice) <br />Maureen Burns School Date of hire - 5/7/01 9%+2% <br />(Sped Secretary) Date of membership - 7/16/07 <br />(previously contributed to social security) <br />SECONDED BY: RICHARD FOLEY <br />VOTED: (5-0-0) UNANIMOUS <br />• FRANCIS DRISCOLL moved to approve the following refund of accumulated deductions: <br />Christopher Chillemi Terminated 3/27/07 5 years, 11 months <br />(RMLD) ------.-Total interest $ 232.01 <br />Less 20% federal tax $ 46.40 <br />Net refund (cash to member) $ -185.61 <br />SECONDED BY: RICHARD FOLEY <br />VOTED: (5-0-0) UNANIMOUS <br />Refer to July 25, 2007 minutes. Member was involuntarily terminated from service, so he is entitled to. <br />receive 100% of the interest on the accumulated total deductions. <br />• FRANCIS DRISCOLL moved to approve the following Option B refund: <br />