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1106 <br />MINUTES OF THE READING RETIREMENT BOARD MEETING <br />E L 1., Wednesday, January 28, 2009 <br />she",Rdading" Ret ment Board held a regular session meeting on January 28, 2009, in The Lower Level <br />Conference Room, Town Hall, Reading, Massachusetts. <br />i U A 10: 3 S <br />The meeting was called to order at 10:00 A.M. by Chairman Joseph Veno in the presence of members Richard <br />Foley, Gail LaPointe, Francis Driscoll, and Board Administrator, Colleen Loughlin. Daniel Seferian was excused <br />from this meeting, not absent. <br />MINUTES <br />• Regular session minutes for the November 25, 2008 meeting were signed by all board members who were <br />present, except Gail LaPointe. <br />• FRANCIS DRISCOLL moved to accept the December 17, 2008 regular session minutes as written. <br />SECONDED BY: RICHARD FOLEY <br />VOTED: (4-0-0) ABSTAINED: <br />APPROVAL OF NEW MEMBERS, RETIREMENTS, TRANSFERS AND REFUNDS <br />• FRANCIS DRISCOLL moved to approve the following new members: <br />Dorota Socha Assistant Director Date of hire & membership - 1/5/09 9%+2% <br />(Library) <br />Susan Simeola Clerk Date of hire & membership -1/20/09 9%+2% <br />(DPW) <br />• FRANCIS DRISCOLL moved to approve the following retirement application: <br />Suzanne Reardon Elder Services 4/24/09 22 years, 7 mths Option C <br />(Superannuation) <br />• FRANCIS DRISCOLL moved to approve the following refund of accumulated deductions: <br />Brian McAdams Resigned 11/21/08 7 years <br />(RMLD) Total deductions & interest $48,830.69 <br />Less 50% interest $ 241.57 <br />Less 20% federal tax $ 7,639.71 <br />Net refund (Cash) $40,949.41 <br />SECONDED BY: RICHARD FOLEY <br />VOTED: (4-0-0) UNANIMOUS <br />APPROVAL OF MISCELLANEOUS ITEMS <br />• RICHARD FOLEY moved to continue to suspend Donald Stead's retirement benefits in conformance with <br />the provisions of G.L. c.32, § 9 1A, 840 CMR 10. 14, and PERAC's notification of excess earnings. <br />