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939 <br />MINUTES OF THE READING RETIREMENT BOARD MEETING <br />THURSDAY, JULY 21, 2005 <br />The Reading Retirement Board held a regular session meeting on July 21, 2005, in the Accounting and Finance <br />Department Office, Town Hall, Reading, Massachusetts. <br />The meeting was called to order at 6:02 P.M. by Chairman Joseph Veno in the presence of members Richard <br />Foley, Francis Driscoll, and Daniel Seferian, and board administrator Karen DeAngelis. Board member Elizabeth <br />Klepeis was not able to attend. <br />MINUTES <br />• Regular session minutes for the May 25, 2005 meetings were signed by all board members, except Elizabeth <br />Klepeis who was not able to attend that meeting. <br />• RICHARD FOLEY moved to accept the June 23, 2005 regular session minutes as written. <br />SECONDED BY: FRANCIS DRISCOLL <br />VOTED: (4 -0) UNANIMOUS <br />APPROVAL OF NEW MEMBERS RETIREMENTS, TRANSFERS AND REFUNDS <br />FRANCIS DRISCOLL moved to approve the superannuation retirement calculation for Elizabeth Klepeis: <br />Finance Director Retiring 6/24/05 Creditable service of 29 years, 0 months Option A <br />Annuity $13,757.16 <br />Pension $45,654.84 <br />Yearly $59,412.00 <br />Monthly $ 4,951.00 <br />SECONDED BY: DANIEL SEFERIAN <br />VOTED: (4 -0) UNANIMOUS <br />FRANCIS DRISCOLL moved to approve the superannuation retirement calculation for Barbara Hickey: <br />Educational Asst Retiring 6/28/05 Creditable service of 25 years, 9 months Option B <br />Annuity $ 3,307.56 <br />Pension $ 6,697.68 <br />Yearly $10,005.24 <br />Monthly $ 833.77 <br />SECONDED BY: DANIEL SEFERIAN <br />VOTED: (4 -0) UNANIMOUS <br />• RICHARD FOLEY moved to approve the superannuation retirement application for Bruce Gustafson: <br />RMLD Lineman Retiring on 8/1/05 Creditable service of 31 years, 0 months Option A <br />SECONDED BY: FRANCIS DRISCOLL <br />VOTED: (4 -0) UNANIMOUS <br />939 <br />