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1999-06-24 Retirement Board Minutes
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1999-06-24 Retirement Board Minutes
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The Reading Contributory Retirement Board held, a meeting on June 24, 1999 <br />Accounting/Treasurers Office, Town Hall, Reading, Massachusetts. <br />Meeting called to order at 6:05 P.M. <br />Minutes from May 27, 1999 meeting were read and accepted. <br />Minutes from April 22, 1999 meeting were signed by board members. <br />Approved new membership for: <br />Cheryl Joyce Assessors Office 9% <br />Thomas Pszenny, Jr Dispatcher 9% <br />Paula O'Leary RMLD 9% <br />Steven Perry RMLD 7% (IV, Littleton Light 6/77) <br />Approved retirement applications for: <br />John Sousa May 31, 1999 Option B <br />Approved refunds/transfers: <br />Jolyn Ek <br />$ 12,024.57 Rollover to Scudder <br />Carol DeCost <br />$ 11,734.96 Transfer to Barnstable Cty <br />Carolyn Walsh <br />$ 4,77031 Refund <br />John Theriault <br />$ 3,540.07 Refund <br />Joseph Ciccotelli <br />$ 28,518.91 Transfer to Essex Cty <br />Approved PERAC authorized Option C "Pop-up" calculation for: <br />Albert Heselton <br />$88.83 monthly increase effective 7/1/98. <br />William Dewsnap <br />$162.78 monthly increase effective 7/1/98. <br />Approved PERAC authorized retirement calculation for: <br />Gael Desmond <br />Annuity <br />$ 2,997.00 <br />Pension <br />$ 8,107.08 <br />Yearly <br />$ 11,104.08 <br />Monthly <br />$ 925.34 <br />Elinor Mello <br />Annuity <br />$ 1,451.52 <br />Pension <br />$ 3,041.64 <br />Yearly <br />$ 4,493.16 <br />Monthly <br />$ 374.43 <br />John Sousa <br />Annuity <br />$ 4,105.32 <br />Pension <br />$ 16,627.56 <br />Yearly <br />$ 20,732.88 <br />Monthly <br />$ 1,727.74 <br />
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