HomeMy WebLinkAbout2001-04-25 Retirement Board Minutes, 4
The Reading Retirement Board held a meeting on APRIL 25, 2001, in the Conference Room, Town Hall,
Reading, Massachusetts. The meeting was called to order at 6:00 P.M.
Minutes from the February 21, 2001 meeting were signed by the board members.
Minutes from the March 9, 2001 meeting were signed by the board members.
Minutes from the March 28, 2001 meeting were read and accepted.
Approved new membership
Thomas MacKinnon
School Dept.
3/26/01
9%
Jonathan Breton
DPW
3/19/01
9%
Frank Veglia
RHA
4/2/01
9%
Jeffery Cummings
Water
4/9/01
9%
Kevin Brown
Police Officer
4/16/01
9%
Keith Hurley
Police Officer
4/16/01
9%
Susan Walsh
Facilities Coordinator
4/11/01
9%
Christopher Chillemi
RMLD
4/17/01
9%
Approved refunds/transfers:
Richard Barrett
Director of Facilities
transfer to Concord $9,008.43
Ann Marie Brennick
RMLD
refund
$41,241.34
Approved PERAC approved retirement calculations
John T. Mooney Opt
Monthly Annuity
Monthly Pension
Monthly Allowance
Annual Allowance
Lois Bond Option B
Monthly Annuity
Monthly Pension
Monthly Allowance
Annual Allowance
on A 4/13/01 Fire Chief
$553.05
$3,211.50
$3,764.55
$45,174.60
4/6/01 Elder Services Administrator
$228.87
$823.37
$1,052.24 .
$12,626.88
Reviewed and approved the following vouchers
2000 Voucher # 22
Town of Reading Treasurer
$376,654.36
deductions $71,940.45/net $304,713.91
23
Town of Reading Treasurer
$ 2,985.22
24
Town of Concord
$ 9,008.43
Barrett/transfer
25
J. Hancock Signature Services
$ 41,241.34
Brennick/rollover
26
Reading Co -Op (no check)
$ 6.00
100 deposit slips
27
Elizabeth W. Klepeis
$ 53.61
petty cash- postage,cab
28
West Group
$ 78.00
Ch 32 insert
John Dempsey is a Cafeteria Driver during the school year and a Custodian during the summer. His
Personnel Action Form states he is full -time. He is not in the Reading Retirement System. He
contributes to Social Security. More information will be gathered for a future meeting.
041M a 7
0EM_ ?51
Carolyn Martino is requesting to buy back 5 years of creditable service (1989 to 1994) during the period
in which she was employed in North Reading. She will submit a check for the total $3,046.37. The
board members approved the buyback and a letter will be sent to the Middlesex County Retirement
System requesting they accept liability for the 5 years.
PERAC's internal case manager has determined that accidental retiree Bruce Donaghey is unable to
perform the essential duties of his job.
On April 18, 2001 Mr. Leonard Rucker made his final annual payment of $3,927.68 to buy back his 4
years of military service.
The Massachusetts Municipal Association has filed a broad based bill (H2067), which addresses the ills
of our pension systems, but would also delay all pending legislation, including COLA improvements.
A hearing is set for Wednesday May 30, 2001 at the Division of Administrative Law Appeals, 133
Portland Street, Boston at 1:00 and 2:30 regarding the group classification of the Field Technician,
Frederick Jackson and Chief Field Technician, Donald Waters, of the Engineering Department. Joan
Langsam of Brackett and Lucas was notified.
Meeting adjourned 7:05 P.M.
Present: Boissoneau, Foley, Klepeis, Seferian, and Martin.
Henry J. Boissoneau, 1" elected
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Richard P. Foley, Ex O:
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W. Klepeis, 1"
Daniel B. Seferian,
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