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2013-02-26 Retirement Board Minutes
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2013-02-26 Retirement Board Minutes
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12 93 <br />MINUTES OF THE READING RETIREMENT BOARD MEETING <br />Tuesday, February 26, 2013 <br />The Reading Retirement Board held a regular session meeting on February 26 2012, in The Lower Level <br />Conference Room Town Hall, Reading, Massachusetts. <br />The meeting was called to order at 6:05 P.M. by Chairman Joseph Veno, in the presence of members Richard <br />Foley, Sharon Angstrom, Francis Driscoll, and Board Administrator, Colleen Loughlin. Also present was Laura <br />Gemme, Reading Town Clerk. Thomas Clough was not able to attend. <br />SPECIAL ITEM <br />Laura Gemme, Reading Town Clerk, attended this meeting to discuss the use of Laserfiche. Subsequent vote by <br />board later in meeting. <br />MINUTES <br />• Regular session minutes for the December 11, 2012 meeting were signed by all board members. <br />• FRANCIS DRISCOLL moved to accept the January 29, 2013 regular session minutes as written. <br />SECONDED BY: RICHARD FOLEY <br />VOTED: (4 -0 -0) UNANIMOUS <br />• FRANCIS DRISCOLL moved to accept the February 21, 2013 regular session minutes as written. <br />SECONDED BY: RICHARD FOLEY <br />VOTED: (4 -0 -0) UNANIMOUS <br />APPROVAL OF NEW MEMBERS, RETIREMENTS- TRANSFERS AND REFUNDS <br />• FRANCIS DRISCOLL moved to approve the following retirement applications: <br />Vincent Cameron RMLD 03/06113 24 years, 9 mths Option A <br />(Superannuation) <br />Marie Ammer Elder Services 05/01/13 14 years, 1 mth Option C <br />(Superannuation) <br />Peter Hechenbleikner Town Manager 06101/13 26 years, 8 mths Option C <br />(Superannuation) <br />Francis Duclos Police 02/25/13 32 years, 0 mths Option B <br />(Superannuation) <br />SECONDED BY: RICHARD FOLEY <br />VOTED: (4 -0 -0) UNANIMOUS <br />• FRANCIS DRISCOLL moved to approve the refunds of accumulated deductions: <br />Peter Tammaro Resigned 1/31/13 6 years, 3 mths <br />(School - Custodian) Total deductions & interest (3% rule applied) $24,827.46 <br />Less Interest $ 0.00 <br />Less 20% federal tax 4$ .965.49 <br />
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