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MINUTES OF THE READING RETIREMENT BOARD MEETING <br />Wednesday October 29 2008 <br />i. <br />a <br />RECEIVED <br />The Reading Retirement Board held a regular session meeting on Octo&'~N, ~2W hThe Lower Level <br />Conference Room. Town Hall, Reading, Massachusetts. E " k X01 ~ 1 G, A <br />The meeting was called to order at 6:05 P.M. by Chairman Joseph Ve fflnogfq t4seRe atf 39mbers Richard <br />Foley, Francis Driscoll, Dan Seferian, and Board Administrator, Colleen Loughlin. <br />Let the records show that Gail LaPointe attended the meeting at 6:10. <br />MINUTES <br />• Regular session minutes for the July 23, 2008 meeting were signed by all board members, except for Richard <br />Foley & Daniel Seferian who were not present. <br />• Regular session minutes for the August 27, 2008 meeting were signed by all board members, except Francis <br />Driscoll who was not present. <br />• FRANCIS DRISCOLL moved to accept the September 25, 2008 regular session minutes as written. <br />SECONDED BY: DANIEL SEFERIAN <br />VOTED: (4-0-0) UNANIMOUS <br />APPROVAL OF NEW MEMBERS, RETIREMENTS, TRANSFERS AND REFUNDS <br />• FRANCIS DRISCOLL moved to approve the following transfer of funds to other system: <br />Elizabeth Dickinson To Lexington Retirement <br />(Library) <br />$95,090.37 6 years, 0 month, 11 days <br />(22 years, 8 mths) <br />SECONDED BY: DANIEL SEFERIAN <br />VOTED: (4-0-0) UNANIMOUS <br />• FRANCIS DRISCOLL moved to approve the following refunds of accumulated deductions: <br />Richard Puliafico <br />Resigned 8/29/08 <br />1 year <br />(RMLD) <br />Total deductions & interest <br />$5,676.92 <br />Less 100% interest <br />$ 9.78 <br />Less 20% federal tax <br />$1.133.43 <br />Net refund (Cash) <br />$4,533.71 <br />Leslie Carabello <br />Resigned 9/30/08 <br />8 months <br />(Health) <br />Total deductions & interest <br />$3,321.79 <br />Less 100% interest <br />$ 0.00 <br />Less 20% federal tax <br />$ 664.36 <br />Net refund (Cash) <br />$2,657.43 <br />SECONDED BY: <br />DANIEL SEFERIAN <br />VOTED: <br />(4-0-0) UNANIMOUS <br />