HomeMy WebLinkAbout2013-11-25 Retirement Board Minutes133
INUTES OF THE READING RETIREMENT BOARD MEETING
1� 1. CE � � E Monday, November 25, 2013
i OWN CLERK
MS
The ReadfiJ WG etiremer�nt S. Board held a special session meeting on November 25, 2013, in The Conference Room,
Town Hall, Read in r4evusetts.
b'16 JUN 3 -
The meeting was called to order at 9:00 A.M. by Chairman Francis Driscoll in the presence of members Richard
Foley, Joseph Veno, and Board Administrator, Colleen Loughlin. Thomas Clough was not able to attend and
Sharon Angstrom is on maternity leave.
APPROVAL OF INVOICES TO BE PAID
JOSEPH VENO moved to approve the following warrant #AP 112013 totaling $709,748.60:
Commonwealth of Mass.
$
509.08
RHA Health Ins. Deductions
Commonwealth of Mass.
$
1,774.32
State Tax Deductions
Commonwealth of Mass.
$
216.66
Child Support
Internal Revenue Service
$
62,726.35
Federal Tax Deductions
Reading Credit Union
$
34,017.00
Credit Union Deductions
November Retirement Allowances
$
551,167.50
Net Retiree Payroll
Town of Reading Treasurer
$
48,498.26
Hlth, Life, & Dental Ins. Deductions
Town of Reading
$
345.00
Postage due Town
Town of Reading Treasurer
$
5,172.93
Nov Administrator's Salary & MedFICA
Attorney Nicholas Poser
$
337.50
Legal Services — Response to Audits
Law Offices of Michael Sacco
$
2,484.00
Legal Services — L. Palermo
United States Treasury
$
2,500.00
Admin Exp — Determination Letter
SECONDED BY: RICHARD FOLEY
VOTED: (3 -0 -0) UNANIMOUS
• The next board meeting is scheduled for November 26, 2013 at 6:00 pm in the Lower Level Conference
Room.
OLD BUSINESS
OPEN SESSION FOR TOPICS NOT REASONABLY ANTICIPATED 48 HRS IN ADVANCE OF
MEETING
ADJOURNMENT
• JOSEPH VENO moved to adjourn this open session at 9:15 A.M.
SECONDED BY: RICHARD FOLEY
VOTED: (3 -0 -0) UNANIMOUS
T 1336
Chairman, Francis P. Driscoll, V elected
Sharon M. A�ngst�rom, -}E�x Officio
a- � Richar P. Foley, I" appoi ed
ZO, � & , /'-�
V Chairman, Joseph R. Veno, 2"
' a elected
Thomas A. Clough, 2 "° appointed