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1245 <br />MINUTES OF THE READING RETIREMENT BOARD MEETING <br />Tuesday, February 21, 2012 <br />The Reading Retirement Board held a regular session meeting on February 21, 2012, in The Lower Level <br />Conference Room Town Hall, Reading, Massachusetts. <br />The meeting was called to order at 6:00 P.M. by Chairman Joseph Veno in the presence of members Richard <br />Foley, Thomas Clough, and Board Administrator, Colleen Loughlin. Gail LaPointe and Francis Driscoll were not <br />able to attend. <br />SPECIAL ITEM <br />Paul Todisco, Senior Client Services Officer from the PRIM Board, attended this meeting to discuss the <br />performance of the funds in PRIT. <br />MINUTES <br />• Regular session minutes for the December 13, 2011 meeting were signed by all board members. <br />• RICHARD FOLEY moved to accept the January 24, 2012 regular session minutes as written. <br />SECONDED BY: THOMAS CLOUGH <br />VOTED: (3 -0 -0) UNANIMOUS <br />APPROVAL OF NEW MEMBERS, RETIREMENTS, TRANSFERS AND REFUNDS <br />• RIC14ARD FOLEY moved to approve the following new members: <br />Martha Sybert School Business Assist. <br />(School) <br />Michelle Lamson Customer Specialist <br />(RMLD) <br />Thomas MacRae, Jr. Apprentice Lineman <br />(RMLD) <br />Kevin Doherty <br />(School) <br />Daniel Pouliot <br />(Fire) <br />School Facilities <br />Firefighter <br />SECONDED BY: THOMAS CLOUGH <br />VOTED: (3 -0 -0) UNANIMOUS <br />Date of hire & membership— 1/17/12 9%+2% <br />Date of hire & membership— 1/23/12 9 % +2% <br />Date of hire & membership— 1/26/12 9 % +2% <br />Date of hire & membership— 2/6/12 9%+2% <br />Date of hire — 12/23/11 9%+2% <br />Date of Membership — 12/23/11 <br />• RICHARD FOLEY moved to approve the final calculations for the following retirements approved by <br />PERAC: <br />Loretta Beaird DPW 9/2/11 10 years, 10 mths Option B <br />(Superannuation) Annuity: $ 2,695.44 <br />Pension: $ 5,657.88 <br />Yearly: $ 8,353.32 <br />Monthly: $ 696.11 <br />