2000-01-26 Retirement Board Minutes

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The Reading Contributory Retirement Board held a meeting on January 26, 2000, Conference Room, Town, Hall, Reading, Massachusetts. The meeting was called to order at 7:30 A.M. Minutes from the December 15, 1999 meeting were read and accepted. Minutes from the November 23, 1999 meeting were signed by the board members. The board reviewed the letter from PERAC in response to the group classification issue. The board voted to classify the following 3 positions as Group IV based on the recommendation from PERAC: Electrical Mechanical Maintenance worker, Manager of Projects and Electrical Maintenance Manager. A letter and a copy of the opinion letter from PERAC will be sent to Mr. Leonard Rucker and Beth Antonio at the Reading Municipal Light Department. Frederick Jackson has been on Worker Compensation since the end of November and the $26.00 bi-monthly buyback deductions have not been taken out since then. Carol Roberts said he might want to stop the deductions after he comes back to work for 6 months and then start up again (at $34). He is buying back 2 years and 4 months he worked in the Boston Retirement System. The board voted to grant this request. Steven Perry, an RMLD employee, would like to buy back 4 years of military service. He worked at the Littleton Light Department for 18 years, May 31, 1977 to August 3, 1995. He then moved out of state and became an inactive member. He became a member of the Reading Retirement System on June 1, 1999 and his account was transferred to Reading shortly thereafter. He was out of state in 1996, when the Legislation was passed. Sandor Zapolin, from PERAC, indicated that Mr. Perry was eligible to buyback the 4 years. Mr. Perry paid the total amount for the 4 years, $3,870.74, in a lump sum payment on January 10, 2000. The board voted to accept his payment for the 4 years of creditable service. Edward Haradon is retiring on May 1, 2000. He had hip surgery and received no compensation for 3 weeks in August 1999. He would like the board to grant these 3 weeks of creditable service. The board voted to grant the 3 weeks of creditable service. Peter Isbell was suspended for 2 weeks, from December 2, 1997 to December 15, 1997, and was on leave for 10 weeks, from December 22, 1997 to March 6, 1998. At the December meeting the board suspended their decision with regard to granting the month of creditable service allowable until they have more information as to why he was suspended. Joe Veno met with Peter Isbell on January 20, 2000. Peter Hechenbleikner, Carol Roberts, Peter Isbell, George Strazzere and a representative of the union met on January 20, 2000. Peter Hechenbleikner attend the board meeting at 8:00 A.M.. The board reviewed the letter from Peter Hechenbleikner, recommending the board to grant 1 month of creditable service. The board voted to grant one month of creditable service allowable for the period of December through March, when he was on an unpaid leave. r~