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2012-09-25 Retirement Board Minutes
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2012-09-25 Retirement Board Minutes
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12 rt 3 <br />MINUTES OF THE READING RETIREMENT BOARD MEETING <br />Tuesday, September 25, 2012 <br />The Reading Retirement Board held a regular session meeting on September 25, 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 Vice Chairman Francis Driscoll in the presence of members <br />Richard Foley, Sharon Angstrom, and Board Administrator, Colleen Loughlin. Joseph Veno and Thomas Clough <br />were not able to attend. <br />• Regular session minutes for the July 24, 2012 meeting were signed by all board members. <br />• RICHARD FOLEY moved to accept the July 31, 2012 special session minutes as written. <br />SECONDED BY: SHARON ANGSTROM <br />VOTED: (3 -0 -0) UNANIMOUS <br />• Minutes from the August 28, 2012 regular session to be read and approved by all board members, except <br />Richard Foley who was not present. <br />Tabled. <br />APPROVAL OF NEW MEMBERS, RETIREMENTS, TRANSFERS AND REFUNDS <br />• RICHARD FOLEY moved to approve the following new member: <br />Gregory Barstow Station Operator Date of hire & membership — 9/18/12 9%+2% <br />(RMLD) <br />SECONDED BY: SHARON ANGSTROM <br />VOTED: (3 -0 -0) UNANIMOUS <br />• RICHARD FOLEY moved to approve the following retirement application: <br />Bruce Fenton Foreman 1/3/13 39 years, 6 mths Option C <br />(DPW) <br />SECONDED BY: SHARON ANGSTROM <br />VOTED: (3 -0 -0) UNANIMOUS <br />• RICHARD FOLEY moved to approve the following calculatic <br />PERAC: <br />Nancy Aberman Librarian 7/28/12 <br />(Superannuation) Annuity: <br />Pension: <br />Yearly: <br />Monthly: <br />m for the following retirement approved by <br />32 years, 7 mths Option A <br />$ 7,697.64 <br />$27,461.40 <br />$35,159.04 <br />$ 2,929.92 <br />
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