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2011-02-22 Retirement Board Minutes
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2011-02-22 Retirement Board Minutes
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1 <br />MINUTES OF THE READING RETIREMENT BOARD MXFCIEYgED <br />Tuesday, February 22, 2011 TOWN CLERK <br />READING, MASS. <br />The Reading Retirement Board held a regular session meeting on February 22, 2011, in The Lower Level <br />Conference Room, Town Hall, Reading, Massachusetts. 2011 APR 2b P 5. 2 <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, Thomas Clough, and Board Administrator, Colleen Loughlin. <br />MINUTES <br />® Regular session minutes for the October 26, 2010 meeting were signed by all board members, except Francis <br />Driscoll who was not present. <br />Regular session minutes for the December 14, 2010 meeting were signed by all board members, except <br />Thomas Clough who was not present. <br />• FRANCIS DRISCOLL moved to accept the January 25, 2011 regular session minutes as written. <br />SECONDED BY: RICHARD FOLEY <br />VOTED: (5-0-0) <br />• RICHARD FOLEY moved to accept the February 10, 2011 regular session minutes as written. <br />SECONDED BY: THOMAS CLOUGH <br />VOTED: (4-0-1) ABSTAINED: FRANCIS DRISCOLL <br />APPROVAL OF NEW MEMBERS RETIREMENTS TRANSFERS AND REFUNDS <br />• FRANCIS DRISCOLL moved to approve the following retirement applications: <br />Deirdre Ahearn RMLD 4/30/11 32 years, 4 mths Option B <br />(Superannuation) <br />SECONDED BY: RICHARD FOLEY <br />VOTED: (5-0-0) UNANIMOUS <br />0 GAIL LAPOINTE moved to approve final calculations for the following retirements approved by PERAC: <br />Ralph Coffill <br />(Superannuation) <br />Linda LaBonte <br />(Superannuation) <br />DPW <br />RMLD <br />1/19/11 <br />Annuity: <br />Pension: <br />Yearly: <br />Monthly: <br />1/8/11 <br />Annuity: <br />Pension: <br />Yearly: <br />Monthly: <br />39 years, 3 mths <br />$ 6,232.32 <br />$31,144.68 <br />$37,377.00 <br />$ 3,114.75 <br />24 years, 9 mths <br />$ 7,272.00 <br />$20,945.52 <br />$28,217.52 <br />$ 2,351.46 <br />Option C <br />Option C <br />SECONDED BY: THOMAS CLOUGH <br />VOTED: (5-0-0) UNANIMOUS <br />
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