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2010-12-14 Retirement Board Minutes
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2010-12-14 Retirement Board Minutes
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MINUTES OF THE READING RETIREMENT BOARD MEETING <br />Tuesday, December 14, 2010 <br />QThe Reading Retirement Board held a regular session meeting on December 14, 2010, in The Lower Level <br />Conference Room, Town Hall, Reading, Massachusetts. <br />The meeting was called to order at 6:00 P.M. by Chairman Joseph Veno in the presence of members Richard <br />Foley, Gail LaPointe, Francis Driscoll, and Board Administrator, Colleen Loughlin. Thomas Clough was not able <br />to attend. <br />MINUTES <br />• Regular session minutes for the August 10, 2010 meeting were signed by all board members, except Francis <br />Driscoll who was not present. <br />• Regular session minutes for the August 24, 2010 meeting were signed by all board members present, except <br />Gail LaPointe who was not present <br />• RICHARD FOLEY moved to accept the September 22, 2010 regular session minutes as written, except <br />Joseph Veno and Thomas Clough who were not present <br />SECONDED BY: FRANCIS DRISCOLL <br />VOTED: (3-0-1) ABSTAINED: JOSEPH VENO <br />• RICHARD FOLEY moved to accept the October 26, 2010 regular session minutes as written, except Francis <br />Driscoll who was not present. <br />SECONDED BY: GAIL LAPOINTE <br />VOTED: (3-0-1) ABSTAINED: FRANCIS DRISCOLL <br />APPROVAL OF NEW MEMBERS, RETIREMENTS, TRANSFERS AND REFUNDS <br />• RICHARD FOLEY moved to approve the following new member: <br />Rachid Kourbali Custodian Date of hire — 8/24/09 9%+2% <br />(School) Date of membership — 11/8/10 <br />(Possibly eligible for a buyback) <br />SECONDED BY: FRANCIS DRISCOLL <br />VOTED: (4-0-0)UNANIMOUS <br />• RICHARD FOLEY moved to approve the following retirement applications: <br />Linda LaBonte RMLD 1/8/11 24 years, 9 mths Option C <br />(Superannuation) <br />Rose Hines School I/3/11 12 years, 11 mths Option A <br />(Superannuation) <br />® Pamela Corcoran RMLD 2/14/10 29 years, 6 mths Option B <br />(Superannuation) <br />SECONDED BY: FRANCIS DRISCOLL <br />VOTED: (4-0-0) UNANIMOUS <br />
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