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MINUTES OF THE READING RETIREMENT BOARD MEETING <br />Wednesday, JUNE 21, 2006 <br />The Reading Retirement Board held a regular session meeting on June 21, 2006, in the Accounting and Finance <br />Department Office, Town Hall, Reading, Massachusetts. <br />The meeting was called to order at 6:00 P.M. by Chairman Joseph Veno in the presence of membersGail <br />LaPointe, Richard Foley, Daniel Seferian, and Board Administrator, Colleen Loughlin. Board member Francis <br />Driscoll was not able to attend. <br />MINUTES <br />• Regular session minutes for the April 26, 2006 meeting were signed by all board members. <br />• DANIEL SEFERIAN moved to accept the May 24, 2006 regular session minutes as written. <br />SECONDED BY: RICHARD FOLEY <br />VOTED: (4-0-0) UNANIMOUS <br />APPROVAL OF NEW MEMBERS, RETIREMENTS, TRANSFERS AND REFUNDS <br />• DANIEL SEFERIAN moved to approve the following new members: <br />Carol Strandberg Police - Dispatch Date of hire & membership - 5/30/06 9% + 21%, <br />SECONDED BY: RICHARD FOLEY <br />VOTED: (4-0-0) UNANIMOUS <br />• DANIEL SEFERIAN moved to approve the following changes as underlined to the following member's <br />retirement application: <br />Barbara Webb RMLD 7/1/06 23 years, 8 mths Option C <br />(Superannuation) <br />Jane D'Ambrosio School 6/23/06 24 years, 0 mths Option A <br />(Superannuation) <br />Kathryn Regan School-Lunch 6/23/06 27 years, 7 mths Option A <br />(Superannuation) <br />Barbara Turenne School-Lunch 6/23/06 27 years, 7 mths Option A <br />(Superannuation) <br />SECONDED BY: RICHARD FOLEY <br />VOTED: (4-0-0) UNANIMOUS <br />• DANIEL SEFERIAN moved to approve the following refunds of accumulated deductions: <br />Janet Carlson Resigned 6/16/06 4 years, 10 months <br />(Finance) Total Deductions & Interest $11,744.66 <br />Less 100% interest $ 151.53 <br />Less 20% federal income tax $ 2,318.63 <br />Net refund (cash) $ 9,274.50 <br />