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HomeMy WebLinkAbout2007-01-25 Retirement Board MinutesMINUTES OF THE READING CONTRIBUTORY RETIREMENT BOARD Thursday, January 25, 2007 The Reading Retirement Board held a regular session meeting on January 25, 2007, in The Lower Level Conference Room, Town Hall Reading, Massachusetts. The meeting was called to order at 6:00 P.M. by Chairman Joseph Veno in the presence of members Gail LaPointe, Richard Foley, Daniel Seferian, and Board Administrator, Colleen Loughlin. Board member Francis Driscoll was not able to attend. MINUTES • All board members, except Francis Driscoll who was not able to attend meeting, signed regular Session Minutes for the November 21, 2006 meeting. • RICHARD FOLEY moved to accept the minutes from the December 13, 2006, regular session as written. SECONDED BY: DANIEL SEFERIAN VOTED: (4-0-0) UNANIMOUS APPROVAL OF NEW MEMBERS, RETIREMENTS, TRANSFERS, AND REFUNDS • RICHARD FOLEY moved to approve the following new members: Maureen Cranitch SPED Date of hire - 11/20/06 9%+2% Date of membership - 11/20/06 (Funds to be transferred from Melrose) Joanne Fitzpatrick Finance Date of hire - 1/22/07 9%+2% (Clerk) Date of membership - 1/22/07 Julia Rodger Finance Date of hire - 1/22/07 9%+2% (Asst. Town Clerk) Date of membership - 1/22/07 Beth Modica Central - School Date of hire - 1/8/07 9%+2% (Computer Technician) Date of membership - 1/8/07 (Funds to be transferred from State) SECONDED BY: DANIEL SEFERIAN VOTED: (4-0-0) UNANIMOUS • RICHARD FOLEY moved to approve the following transfer of funds to other system: Philip McCarthy To Essex Regional Retirement $50,493.81 12 years, 10 months, and 17 days (DPW) SECONDED BY: DANIEL SEFERIAN VOTED: (4-0-0) UNANIMOUS APPROVAL OF MISCELLANEOUS ITEMS