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12 .14 <br />MINUTES OF THE READING RETIREMENT BOARD MEETI CLERK <br />Tuesday, June 21, 2011 READING. M A S S <br />The Reading Retirement Board held a regular session meeting on June 21, 2011, in T4%1 b,�.yel,Qoraffer ace <br />Room, Town Hall, Reading, Massachusetts. LT 11 3Lr 4 i—P�* �0 <br />The meeting was called to order at 6:00 P.M. by Chairman Joseph Veno in the presence of members Richard <br />Foley, Gail LaPointe, Thomas Clough, and Board Administrator, Colleen Loughlin. Francis Driscoll was not able <br />to attend. <br />Let the records show that Thomas Clough left the board meeting at 6:30 pm. <br />INFORMATION /QUESTIONS /OTHER ITEMS <br />The Board discussed the regulation to submit to PERAC for approval regarding buybacks of prior non- <br />membership service from another Commonwealth. <br />• The Board discussed an RMLD employee's group status. Joseph Donahue is the Facility Manager at RMLD <br />and received is annual statement from the Reading Retirement Board. He was concerned that he was coded as <br />a group 1 employee. After reviewing the job description and title, the Board agreed that he should be listed as <br />a group 4 member, but somehow was never changed when he was first employed as a custodian. <br />• Regular session minutes for the April 19, 2011 meeting were signed by all board members. <br />• RICHARD FOLEY moved to accept the May 24, 2011 regular session minutes as written. <br />SECONDED BY: THOMAS CLOUGH <br />VOTED: (4 -0 -1) ABSTAINED: GAIL LAPOINTE <br />APPROVAL OF INVOICES TO BE PAID <br />RICHARD FOLEY moved to approve the following warrant #AP062011 totaling $697,831.96: <br />Commonwealth of Mass. <br />$ <br />649.34 <br />RHA Health Ins. Deductions <br />Commonwealth of Mass. <br />$ <br />2,077.71 <br />State Tax Deductions <br />Commonwealth of Mass. <br />$ <br />216.66 <br />Child Support <br />Internal Revenue Service <br />$ <br />56,823.26 <br />Federal Tax Deductions <br />Reading Credit Union <br />$ <br />31,698.00 <br />Credit Union Deductions <br />June Retirement Allowances <br />$ 485,644.94 <br />Net Retiree Payroll <br />Town of Reading Treasurer <br />$ <br />52,878.13 <br />Hlth, Life, & Dental Ins. Deductions <br />Town of Reading <br />$ <br />163.76 <br />Postage due Town <br />Town of Reading Treasurer <br />$ <br />3,624.75 <br />June's Administrator's Salary <br />Salem Retirement Board <br />$ <br />63,668.21 <br />Trsfer to Other System (Larry Ramdin) <br />Stoneham Retirement Board <br />$ <br />52.75 <br />Travel Reimbursement MACRS Conf. <br />Colleen Loughlin <br />$ <br />140.04 <br />Travel Reimbursement –MACRS Conf. <br />West Payment Center <br />$ <br />194.40 <br />Admin Expense -MA G.L. Ch. 32 book <br />SECONDED BY: THOMAS CLOUGH <br />VOTED: (4 -0 -0) UNANIMOUS <br />APPROVAL OF NEW MEMBERS, RETIREMENTS, TRANSFERS AND REFUNDS <br />•. RICHARD FOLEY moved to approve the following new members: <br />