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N-67.0 <br />The Reading Retirement Board held a meeting on May 5, 2004, in the Accountine and Finance Department Office, Town <br />Hall, Reading, Massachusetts. The meeting was called to order at 6:05 P.M. <br />John Whalen, who worked for the DPW and retired on January 31, 1994, passed away on 4/16/04. He chose Option B at <br />his retirement and has a remaining annuity balance of $4,663.30. However, his beneficiary was his wife who predeceased <br />him by a couple of weeks. In the board's judgment his five children are entitled to the funds but the board wants to check <br />with PERAC that they have the right to do this. <br />Judy Corrigan, attorney at PERAC, confirmed that the board has the right to do this in accordance with M.G.L. c. 32, <br />§ 11(2)(b). The board voted unanimously to distribute the funds equally among John Whalen's five children. <br />Attorney Nicholas Poser attended this meeting to discuss the next steps the board should take with regards to Robert <br />Toussaint's accidental disability retirement application. Attorney Poser's suggestion was that the board should hold a <br />hearing in accordance with 840 CMR 10.09. The board requested that Attorney Poser draft a letter pursuant to 840 CMR <br />10.09, which the board will discuss at the May 26" meeting. <br />The next regularly scheduled board meeting will be held on June 29, 2004 <br />Meeting adjourned at 7:15 P.M. <br />Present: Foley, Klepeis, Veno, Seferian, DeAngelis, and Attorney Nicholas Poser <br />Henry J. Boissoneau, 1" electe <br />Richard P. Foley, Ex Offic o <br />AM <br />R. Veno, <br />11 <br />