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1999-06-24 Retirement Board Minutes
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1999-06-24 Retirement Board Minutes
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Reviewed and approved Vouchers: <br />Voucher 4199944 <br />45 <br />46 <br />47 <br />48 <br />49 <br />50 <br />51 <br />Town of Reading Treasurer <br />Town of Reading Treasurer <br />Barnstable County <br />Town of Reading Treasurer <br />Scudder Trust Company <br />Carolyn Walsh <br />IRS <br />John Theriault <br />IRS <br />Town of Reading Treasurer <br />Essex County <br />$ 336,497.55 <br />Ret. payroll <br />$ 3,237.82 <br />Staff payroll <br />$ 11,734.96 <br />DeCost <br />$ 304.42 <br />Advertising <br />$ 12,024.57 <br />Ek <br />$ 4,770.31 <br />$ 1,192.58 <br />$ 3,540.07 <br />$ 1,022.38 <br />$ 549.45 <br />$ owed Town <br />$ 28,518.91 <br />Ciccotelli <br />Approved revised pensions for the following RMLD employees due to December contract settlement: J. <br />Sullivan increase of $2.88 per year, D. Cummings $2.16 per year, D. Foley $3.48 per year. <br />John Louanis has not responded to the certified letter I sent him concerning the Option C Pop-up benefit, <br />which he is due. His son signed for the letter. <br />Approved the request from Donald McGillicuddy for the allowance of creditable service from Reading. <br />He worked for Reading: 1956 DPW $1.20 per hour for 12 weeks and 1959 Recreation Department $1.30 <br />(est) per hour for 9 weeks. <br />The board continued its discussion about drafting regulations for pro-rating part-time service and terms <br />of payment for military buyback. <br />Reviewed "PERAC Memo Summary". <br />Board scheduled the next two board meetings: <br />July 28, 1999 Wednesday 4:00 P.M. Conference Room <br />August 25, 1999 Wednesday 6:00 P.M. Accounting Office <br />Meeting adjourned 7:30 P.M. <br />Present: Boissoneau, Foley, Klepeis, Veno, Seferian and Cotter. <br />4""-w -,!5a <br />Henryl.,goissoneau, Ist elected <br />N <br />t <br />Richard P. Foley, Ex Oticio <br />W. Klepeis. 1 <br />JAAW R. Veno, 2' elected <br />Dan-~1. B <br />
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