MINUTES OF THE SPRINGFIELD RETIREMENT BOARD MEETING
HELD ON, JULY 1, 2015 AT 5:00 P.M.
PRESENT: Robert Moynihan, Philip Mantoni, Patrick Burns, Thomas Scanlon, Attorney Alfredo ViVenzio, Executive Director, Anne Leduc, Judy L. Dziobek, Recording Clerk, Firefighter, Jeffrey McCorkindale
Agenda Item #1-Minutes
Motion by Moynihan to accept the minutes of the meeting held on, June 9, 2015, second by Mantoni and voted unanimously.
Agenda Item #2-Superannuations
Motion by Moynihan to accept the following superannuation applications submitted by: Janice Chicoine, Crossing Guard, School Department, as of 7/27/15; Debra Lewis, Principal Accountant, DPW, as of 7/31/15; Susan McFarlin, Former City Solicitor, Law Department, as of 8/23/15; Robert Messier, Maintenance Tech I, Water & Sewer Comm., as of 9/27/15; Michael Morin, Maintenance Tech IV, Water & Sewer Comm., as of 7/22/15; Michael Perrot, Electrician, School Department, as of 7/24/15; Michael Pelletier, Custodian, School Department, as of 6/13/15; Evangeline Pollard, Paraprofessional, School Department, as of 6/20/15; Noreen Robinson, Executive Assistant, Water & Sewer Comm., as of 8/1/15; Carmen Sanchez-Diaz, Paraprofessional, School Department, as of 6/20/15; Patricia Walsh, Confidential Senior Executive Asst., School Department as of 9/10/15, second by Burns and voted unanimously.
Agenda Item #3-Warrants
Motion by Burns to approve the payments of the following warrants: Warrant #26-Refunds in the amount of $630,119.80, Warrant # 27-Expenses in the amount of $1,018,597.60, Warrant # 28-June Retiree Payments in the amount of $5,750,204.56 including redemption of $3,690,000.00 dollars from the PRIT fund, second by Moynihan and voted unanimously.
Agenda Item #4-Refunds
Motion by Mantoni to accept the seventeen (17) requests for refunds, second by Moynihan and voted unanimously.
Agenda Item #5-Redeposit of Refunds and Makeup of Contributions
Motion by Burns to allow the redeposit of refunds for: Edward Keating from the Police Department, MCDI, and the Law Department, Emma Woods from the MTRS and Evangeline Pollard, makeup of contributions for the first six months in Springfield, second by Moynihan and voted unanimously.
Agenda Item #6-Accidental Disability Remand-Jeffrey McCorkindale
Motion by Moynihan to approve accidental disability benefits, based on the clarification responses from the medical panel for Firefighter, Jeffrey McCorkindale, second by Burns and voted unanimously.
Agenda Item #7-Director’s Report
None
Agenda Item #8-Attorney’s Report
Attorney Vivenzio addressed the Board for a vote to authorize Executive Director, Anne Leduc to accept the settlement of $290,000.00 for offset rights, from Columbia Gas Company on behalf of Firefighter, David Barton. Motion by Moynihan, second by Burns and voted unanimously.
Agenda Item #9-New Business
Pat Burns informed the Board that Council President, Fenton addressed the Council concerning the unfunded liability of the Springfield Retirement System and the OPEB funding. He stated that the Council is looking for a discussion with the Finance Department and the Retirement Board sometime in the fall.
Agenda Item #10-Old Business
None
F. Y. I. Treasurer’s reconciliations for May 2015, Trial Balance, General Ledger, Receipts, Disbursement and Adjusting entries for May 2015, PRIT fund report for May 2015, List of recent deaths, Monthly transfers, Budget balances
Motion made by Mantoni and seconded by Burns to adjourn at 5:10 PM
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Thomas M. Scanlon, Chairman
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Robert P. Moynihan, Elected Member
Absent_____________________________________
Haskell Kennedy, Appointed Member
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Patrick S. Burns, Appointed Member
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Philip J. Mantoni, 5th Member