AGENDA FOR THE SPRINGFIELD RETIREMENT BOARD MEETING
70 TAPLEY STREET, SPRINGFIELD, MA 01104
TO BE HELD ON JANUARY 4, 2017 AT 4:00 P.M.
Presentation from PTG (Pension Technology Group)
To present an overview of Pension Administration Software Services.
Agenda Item #1-Minutes
Vote to consider approving the minutes of the meeting held on December 7, 2016.
Agenda Item #2-Superannuations
Vote to consider the acceptance of the following Superannuations:
1. William Accorsi, Fire Lieutenant, Fire Department with 32 years as of 2/2/17
2. Arthur Barnes, Maintenance Tech IV, Water/Sewer Comm.,with 33 years, 4 months as of 2/8/17
3. Marie Berthiaume, Paraprofessional, School Dept. with 23 years and 2 months as of 12/24/16
4. Brenda Collins, Nurse Practitioner, School Dept. with 22 years and 11 months as of 12/13/16
5. Charlotte Lee, Employment Director, Elder Affairs with 31 years and 11 months as of 3/4/17
6. Debra Rooke, Police Officer, Police Department with 36 years and 2 months as of 1/2/17
7. Kevin Welz, Firefighter, Fire Department with 32 years as of 1/17/17
Agenda Item #3-Warrants
Vote to reaffirm the approval of the following warrants:
Warrant # 47 Expenses in the amount of $63,979.11
Warrant # 48 Refunds in the amount of $270,692.00
Warrant # 49 December Retiree allowances in the amount of $6,062,392.96 and redemption
from the PRIT fund in the amount of $4,370,000.00
Agenda Item #4-Refunds/Transfers to Other Systems
Vote to consider the thirty-six (36) 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.
Agenda Item #5- Involuntary Accidental Disability-Joseph Sleeper/Fire Department
Vote to consider the responses of the medical panel regarding the Involuntary Application for Accidental Disability benefits submitted by Fire Commissioner Joseph Conant.
Agenda Item #6-Involuntary Accidental/Ordinary Disability-Victor Gomez/Fire Department
Vote to consider the Involuntary Accidental/Ordinary Disability application submitted by Fire Commissioner Joseph Conant, and request that PERAC convene a medical panel.
Agenda Item #7-Involuntary Accidental/Ordinary Disability-Robert Williams/Police Department
Vote to consider the Involuntary Accidental/Ordinary Disability application submitted by Police Commissioner John Barbieri, and request that PERAC convene a medical panel; and also to discuss a Superannuation Retirement.
Agenda Item #8-Accidental Disability-Christopher Mullen/D.P.W.
Vote to consider the responses of the medical panel regarding the application for accidental disability benefits submitted by Christopher Mullen.
Agenda Item #9-Accidental Disability-Kevin McNeish/School Department
Vote to consider the acceptance of the application for Accidental Disability benefits submitted by Kevin McNeish, and request that PERAC convene a medical panel.
Agenda Item #10-Nominations for Chairman and Vice-Chairman
Vote to consider the Chairman and Vice-Chairman
Agenda Item #11-Remote Participation
Vote to consider remote participation as allowed under 940 CMR 29.10.
Agenda Item #12-Pension Administration Software Services
Vote to consider hiring a Pension Administration Software Service provider based on the RFP responses received.
Agenda Item #13- Director’s Report
• Update on MGL Chapter 32 Section 91A – Excess Earnings
• PERAC final approval of Retirement Benefits
Agenda Item #14-Attorney’s Report
Agenda Item #15-Old Business
Agenda Item #16-New Business
F. Y. I.
• PERAC Memos
#27 Tobacco Company List
#28 Disability Data
#29 The Buyback of Call Firefighter Time
• November PRIT Fund Update
• Trial Balance, Adjusting Entries, Receipts, Disbursements and General Ledger for the month of November
• Budget Balances as of December
• Monthly Transfers for December
• Recent Retiree Deaths
• Treasurer’s Reconciliation for the month of November
The Board reserves the right to consider items on the agenda out of order.