MINUTES FOR THE SPRINGFIELD RETIREMENT BOARD MEETING
70 TAPLEY STREET, SPRINGFIELD, MA 01104
HELD ON APRIL 4, 2018 AT 5:00 P.M.

Present: Robert Moynihan, Patrick Burns, Thomas Scanlon, Philip Mantoni, Haskell Kennedy, Attorney Alfredo ViVenzio, Executive Director, Susana Baltazar, Judy Dziobek, Recording Clerk, Eric Walker, James Griffin

Chairman Moynihan called the meeting to order at 5:00 P.M.

Agenda Item #1-Minutes
Motion made by Kennedy to approve the minutes of the meeting held on March 20, 2018, second by Scanlon and voted unanimously.

Agenda Item #2-Accidental Disability Application-Eric Walker/School Department
Motion made by Scanlon to accept the application for Accidental Disability benefits submitted by Eric Walker and request that PERAC convene a medical panel, second by Kennedy and voted unanimously.

Agenda Item #3-Involuntary Accidental Disability Application and Involuntary Ordinary Disability Application-James Griffin/Fire Department
Motion made by Scanlon to accept the responses of the medical panel, the evidence of the Involuntary Accidental application and approve the disability benefits for James Griffin, second by Kennedy and voted unanimously.

Agenda Item #4-Superannuations
Motion made by Scanlon to accept the following Superannuations: John Delaney, Sergeant, Police Department with 37 years and 7 months as of 3/31/18; Linda Fitzpatrick, City Council Clerk, Office of the City Clerk with 30 years and 2 months as of 6/2/18; Thomas Liebel, Police Officer/Court Liaison Officer, Police Department with 32 years as of 3/27/18, second by Kennedy and voted unanimously.

Agenda Item #5-Warrants
Motion made by Mantoni to approve and reaffirm the payment of the following warrants: Warrant # 9 Expenses in the amount of $908,456.88, Warrant #10 Expenses in the amount of $75,265.21, Warrant #11 Refunds in the amount of 1,081.24, Warrant #12 Transfers in the amount of $47,024.75, Warrant #13 Refunds in the amount of $247,382.00, Warrant #14 Retiree payroll in the amount of $6,366,096.67 and redemption from the PRIT fund in the amount of $5,900,000.00, second by Kennedy and voted unanimously.

Agenda Item #6-Refunds/Transfers to Other Systems
Motion made by Scanlon to accept the twenty three (23) requests for refunds and transfers to other systems. The names have been submitted to their particular Department, the Law Department and the Massachusetts Department of Revenue, second by Burns and voted unanimously.

Agenda Item #7-Redeposit of Refunds and Makeup of Contributions
Motion made by Burns to allow the makeup of contributions for Rafael Vega, Police Officer, purchasing 2 months at the Parks Department as a Seasonal employee in 1986 and a redeposit of a refund to Aisha Price, District Clerk, purchasing 4 years at the Water and Sewer Commission as an Assistant Lab Technician from 2006 to 2010, second by Kennedy and voted unanimously.

Agenda Item #8-Director’s Report
Executive Director Baltazar informed the Board that the PERAC approvals for Survivor Benefits were received for the beneficiaries of Paul Lucas, Jr.-Fire Department, John J. Stevens-Police Department, and William Kelly-Police Department, and the disability approval was also received for Michael Mitchell-Police Department. Ms. Baltazar also updated the Board on the services provided by State Street concerning securities litigation. Executive Director Baltazar also reminded Board Members that the Statement of Financial Interests is due by May 1, 2018, and that the Spring MACRS conference will be held June 4, 2018 through June 6, 2018. Director Baltazar also updated the Board on the PRIT year to date performance.

Agenda Item #9-Attorney’s Report
Attorney ViVenzio informed the Board that he has 3 cases pending at DALA.

Agenda Item #10-Old Business
None

Agenda Item #11-New Business
None

F. Y. I. PERAC Memos: #15-Tobacco Company List, February PRIT Fund Update, Trial Balance, Adjusting Entries, Receipts, Disbursements and General Ledger for the months of January and February,
Boston Millennia Distribution Information, Budget Balances as of March, Monthly Transfers for March, Recent Retiree Deaths.

The correspondence and reports were received and reviewed by the Board Members and Executive Director.

Motion made by Mantoni to adjourn at 5:22 P.M. second by Kennedy and voted unanimously.

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Robert P. Moynihan, Chairman

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Thomas M. Scanlon, Elected Member

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Haskell Kennedy, Appointed Member

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Patrick S. Burns, Appointed Member

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Philip J. Mantoni, 5th Member