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1999-09-22 Retirement Board Minutes
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1999-09-22 Retirement Board Minutes
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The Reading Contributory Retirement Board held x meeting on September 22, 1999 <br />Conference Room, Town Hall, Reading, Massachusetts. <br />Meeting called to order at 4:05 P.M. <br />Paul Todisco, from PRIM, discussed the PRIT Fund's performance through August 1999. He <br />also explained the funds investment in Real Estate Investment Trusts in the real estate portion of <br />the fund. <br />Minutes from August 22, 1999 meeting were read and accepted. <br />Minutes from July 28, 1999 meeting were signed by board members. <br />Approved new membership for: <br />Brian Smith RMLD 9% <br />Richard Barrett Director of Facilities 90/0 <br />John Jenks Firefighter 9% <br />Carla Mary Plant Operator 9% <br />Approved estimated retirement for: <br />Philip Dole Firefighter September 1, 1999 <br />Yearly $35,680.32 <br />Monthly $2,973.36 <br />PERAC approved pension will be on the October 1999 agenda. <br />Approved refunds/transfers: <br />Michael Lombardo <br />Mary McEachern <br />Maureen Stephens <br />Susan Phelan <br />Loretta Milot <br />Lois Steele <br />Reviewed and apl <br />#1999 66 <br />67 <br />68 <br />69 <br />70 <br />71 <br />72 <br />73 <br />74 <br />75 <br />76 <br />77 <br />Refund <br />$26,566.54 <br />Refund <br />$1,581.87 <br />Refund <br />$2,139.47 <br />Refund <br />$469.98 <br />Option B Refund <br />$19,017.31 <br />Option B Refund <br />$1,154.56 <br />)roved Vouchers: <br />Town of Reading Treasurer <br />Town of Reading Treasurer <br />Cambridge Savings Bank <br />GE Savings Program <br />Lois Steele <br />Cambridge Savings Bank <br />A Plus Printing, Inc. <br />Corporate Express <br />Hastings-Tapley <br />Susan Phelan <br />Town of Reading Treasurer <br />Rosamond Cotter <br />$343,222.27 <br />Payroll <br />$2,873.32 <br />Staff payroll <br />$26,566.56 <br />Lombardo <br />$1,581.87 <br />McEachern <br />$1,154.56 <br />Option B Refund <br />$2,139.47 <br />Stephens <br />$240.00 <br />copies <br />$11.88 <br />office supplies <br />$1,238.00 <br />bonding <br />$469.98 <br />refund <br />$117.49 <br />IRS/Phelan/refund <br />$40.94 <br />mileage/train <br />
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