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The Reading Contributory Retirement Board held a meeting on February 26, 1999, Selectmen's <br />Room, Town Hall, Reading, Massachusetts. <br />Meeting called to order @.1:05 P.M. <br />Minutes from previous meeting(s) accepted as read. <br />Distributed "Amended Modification Judgement" signed by Judge McGovern, concerning <br />Thomas Fennelly. <br />Followed up on Thomas Fennelly and the "Tri-party Agreement To Secure Reading, MA Town <br />Employees' Federal Credit Union Loan". The agreement has been signed and approved by all <br />parties (Retirement Board, Thomas Fennelly and the Reading Town Employees Credit Union). <br />The check was &v on February 17, 1999 and Mr. Fennelly's intention was to mail Mrs. <br />Fennelly the check that day. <br />Board agreed to have Beth follow up on the appointment of Vincent Zaccardi as the fifth <br />member of the Reading Retirement Board and also have Mr. Mitchell send in his resignation <br />letter. <br />Board approved the retirement application of James Stevenson (see below). <br />Board approved the retirement application of Carol A. Angelo-Superannuation Option B 18- <br />Mar-99. <br />Board approved the retirement buy back of creditable service by James D. Rich and Matthew <br />Faucette. <br />Board approved the refund to David M. Richards. Police Department. Terminated 26-Sept-97. <br />Board accepted new membership for: <br />Rosamond Cotter, Retirement Board Adm/Asst Town Accountant, 8%, 2/8/99. <br />Mary Lou Halloran, Principal Clerk, Water Department, 9%, 2/22/99. <br />Scott Dole, Firefighter, 9%, 1/25/99. <br />Board accepted approval from PERAC for: <br />James Stevenson, Fire Department, as of 22-Jan-99. Superannuation Option A. <br />Retirement Allowance: <br />Annuity <br />4,572.24 <br />Pension <br />29,730.60 <br />Yearly <br />34,302.84 <br />Monthly <br />2,858.57 <br />