December 5, 2018 Meeting Minutes

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

Present: Robert Moynihan, Patrick Burns, Thomas Scanlon, Philip Mantoni, Haskell Kennedy, Attorney Alfredo ViVenzio, Attorney Christine Pikula, Executive Director, Susana Baltazar, Judy Dziobek, Recording Clerk, Kevin C. Welz

Agenda Item #1-Minutes
Motion made by Scanlon to approve the minutes of the meeting held on November 14, 2018, second by Kennedy and voted unanimously.

Agenda Item #2- Accidental Disability Application-Kevin C. Welz-Fire Department
Motion made by Kennedy to accept the responses of the medical panel regarding the Accidental Disability benefits submitted by Kevin C. Welz, second by Scanlon and voted unanimously.

Agenda Item #3-Superannuations
Motion made by Scanlon to approve the following Superannuations: Obed Almeyda, Police Officer, Police Department with 31 years and 3 months as of 1/4/19; Michael Chapin, Police Officer, Police Department with 36 years and 6 months as of 1/2/19; Joseph A. Conant, Deputy Fire Chief, Fire Department with 32 years and 8 months as of 12/15/18; Julio Cornejo, Police Officer, Police Department with 32 years and 3 months as of 1/4/19; Robert Howell, Director of IT Operations, School Department with 26 years and 3 months as of 1/5/19; Beate Lebeau, Principal Clerk Typist, School Department with 26 years and 3 months as of 1/10/19; Karen Mankus, Paraprofessional, School Department with 23 years and 8 months as of 1/5/19; Ricky Moran, Sergeant, Police Department with 37 years and 2 months as of 12/1/18; John Murphy, District Fire Chief, Fire Department with 32 years and 6 months as of 1/2/19; Francis Santaniello, Dispatcher, Fire Department with 11 years and 4 months as of 1/5/19; Pamela Sergienko, LPN, School Department with 10 years and 3 months as of 1/5/19; Thomas Sheehan, Police Officer, Police Department with 32 years and 11 months as of 2/6/19; Eileen Shlosser, Senior Clerk Typist, School Department with 31 years as of 1/1/19; Olga N. Vasquez, Nursing Assistant, School Department with 12 years and 2 months as of 12/1/18; Steven Wood, Police Officer, Police Department with 31 years and 3 months as of 1/5/19, second by Burns and voted unanimously.

Agenda Item #4-Warrants
Motion made by Moynihan to approve and reaffirm the approval of the following warrants: Warrant #52 Expenses in the amount of $568.19, Warrant #53 Transfers in the amount of $64,800.02, Warrant #54 Refunds in the amount of $112,146.38, Warrant #55 Expenses in the amount of $50,191.90, Warrant #56
Retiree payroll in the amount of $6,484,582.53 and redemption from the PRIT fund in the amount of $4,960,000.00, second by Kennedy and voted unanimously.

Agenda Item #5-Refunds/Transfers to Other Systems
Motion made by Scanlon to accept the twenty (20) 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 #6-Redeposit of Refunds and Makeup of Contributions
Motion made by Scanlon to approve the redeposit of refunds to: Benjamin Galas, Paraprofessional, School Department, for the refund from the State Board of Retirement in 2016; Wilmaris Hernandez, Specialist, School Department, for the refund from the Hampshire County Retirement System in 2018;
Tracye Whitfield, City Councilor, City Council, for the refund from the Springfield Retirement System in 2017, second by Burns and voted unanimously.

Agenda Item #7-Director’s Report
Executive Director Baltazar reported that the Section 91A retirees were now in compliance. Ms. Baltazar also updated the Board on the PRIT year to date performance and informed the Board that the Appropriation letters have been sent out for Fiscal Year 2020.

Agenda Item #8-Attorney’s Report
Attorney Vivenzio stated that he has a few cases pending and will update the Board accordingly.

Agenda Item #9-Old Business
None

Agenda Item #10-New Business
None

F. Y. I.
October PRIT Fund Update, Boston Millennia Partners Quarterly Information, Crescendo Ventures Quarterly Information, Trial Balance, Adjusting Entries, Receipts, Disbursements and General Ledger for the month of October, Treasurer’s Reconciliation for the month of September, Budget Balances as of October and November, Monthly Transfers for November, Recent Retiree Deaths

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

Motion made by Scanlon to adjourn at 5:10 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