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13 }1 S <br />t _ MgiFTES OF THE READING RETIREMENT BOARD MEETING <br />r �� L K Tuesday, October 21, 2014 <br />"AN ,u'NG, MASS. <br />The Reading letirement Board held a regular session meeting on October 21, 2014, in The Lower Level <br />Conference oo Teo vnllaj dd .: ling, Massachusetts. <br />LUD The meeting was called to order at 6:05 P.M. by Chairman Francis Driscoll in the presence of members Richard <br />Foley, Joseph Veno, Thomas Clough, Sharon Angstrom and Board Administrator, Colleen Loughlin. Please let <br />the record show that Thomas Clough left the Board meeting at 7:00 pm. <br />MINUTES <br />• Regular session minutes for the July 22, 2014 meeting were signed by all board members, except Joseph <br />Veno and Thomas Clough who were not present. <br />• Regular session minutes for the August 26, 2014 meeting were signed by all board members, except Thomas <br />Clough and Sharon Angstrom who were not present. <br />• JOSEPH VENO moved to accept the September 23, 2014 regular session minutes as written. <br />SECONDED BY: THOMAS CLOUGH <br />VOTED: (5 -0 -0) UNANIMOUS <br />APPROVAL OF NEW MEMBERS, RETIREMENTS, TRANSFERS AND REFUNDS <br />• JOSEPH VENO moved to approve the following final calculation for the following retirement approved by <br />PERAC: <br />Grace Serratore Paraprofessional <br />(School) <br />SECONDED BY: THOMAS CLOUGH <br />VOTED: (5 -0 -0) UNANIMOUS <br />APPROVAL OF MISCELLANEOUS ITEMS <br />9/18/14 <br />25 years, 6 mths Option A <br />Annuity: <br />$ <br />3,706.68 <br />Pension: <br />$ <br />5,394.24 <br />Yearly: <br />$ <br />9,100.92 <br />Monthly: <br />$ <br />758.41 <br />• JOSEPH VENO moved to approve request from eligible member to purchase military service for creditable <br />service: <br />John Edson Air Force /Reg AF 7/15/81- 7/14/85 4 years, 0 months <br />The total purchase amount is $17,470.90. John will make a lump sum payment. <br />SECONDED BY: THOMAS CLOUGH <br />VOTED: (5 -0 -0) UNANIMOUS <br />