MINUTES OF THE SPRINGFIELD RETIREMENT BOARD
HELD ON, MARCH 4, 2015 AT 5:00 P.M.
PRESENT: Robert Moynihan, Haskell Kennedy, Philip Mantoni, Patrick Burns, Thomas Scanlon, Attorney Alfredo ViVenzio, Executive Director, Anne Leduc, Judy L. Dziobek, Recording Clerk, Charles Choquette, Sandra Choquette, Matthew Donnellan, Joshua Schimmel, Attorney Peter Murphy, Holly Clements, Attorney Richard K. Sullivan
Agenda Item #1-Minutes
Motion made by Moynihan, seconded by Kennedy to approve the minutes of the meeting held on, February 17, 2015.
Voted unanimously
Agenda Item #2-Superannuations
Motion made by Moynihan, seconded by Kennedy to accept the following Superannuation applications submitted by: Gilberto Lopez, Water/Sewer Comm-Working Foreman II, with 34 yrs 4 mos as of 4/4/15, Anthony Restivo Park Dept- Therapeutic Rec Specialist with 35 yrs 7 mos as of 6/9/15, Nilda Resto School Dept-Parent Info Ctr Spec with 30 yrs 10 mos as of 4/18/15, Sheryl Rueli School Dept-Para with 24 yrs 7 mos as of 1/20/15. Voted unanimously
Agenda Item #3-Warrants
Motion made by Mantoni, seconded by Moynihan to approve the payment of Warrant #8-Expenses in the amount of $4,020.00, Warrant #9-February Retiree payments in the amount of $5,654,926.51 including a redemption from the PRIT fund in the amount of $5,200,00.00, Warrant #10-Expenses in the amount of $612,091.71. Voted unanimously
Agenda Item #4-Refunds
Motion made by Moynihan, seconded by Kennedy to approve the nine (9) requests for refunds. Voted unanimously
Agenda Item #5-Redeposit of Refund and Makeup of Contributions
Motion made by Moynihan, seconded by Kennedy to approve the makeup of contributions for Jane Brooks, Water & Sewer Commission for the first 6 months of employment and for Shaun Linnehan, Police Officer, for makeup of contributions while employed as a Cadet. Voted unanimously
TAKEN OUT OF ORDER
Agenda Item #7- Accidental/Ordinary Disability-Charles Choquette/W&S Comm.
EXECUTIVE SESSION: Motion made by Kennedy to accept the results of the medical panel and the evidence of the disability application and to grant accidental disability to Charles Choquette. Motion failed for a second. Motion made by Mantoni, seconded by Burns to accept the results of the medical panel and the evidence of the disability application and to grant the ordinary disability to Charles Choquette. Mantoni, yes, Burns, yes, Scanlon, yes, Kennedy, yes, Moynihan, No
Agenda Item #6-Involuntary Accidental/Ordinary Disability-Holly Clements/Fire
EXECUTIVE SESSION: Motion made by Kennedy and seconded by Moynihan to accept the results of the medical panel and the evidence of the disability application and to grant accidental disability to Holly Clements. Kennedy, yes, Moynihan, yes, Scanlon, yes, Burns, no, Mantoni, no.
Agenda Item #8-P.E.R.A.C. Memo #8/2015
Motion made by Moynihan, seconded by Kennedy to consider the interest rate used in the calculation for reapplication of survivor benefits. Voted unanimously
Motion made by Mantoni, seconded by Kennedy to apply the 3% Interest to the survivor benefit. Voted unanimously
Agenda Item #9-Director’s Report
Anne Leduc, Executive Director spoke to the board about an error that was found. During past administration, Mayor Dominic Sarno was granted permission to purchase his City Council time while he was employed and a contributing member by the State. Anne Leduc contacted the Mayor and explained the error and told him the money paid to purchase this time would be applied to his first six months of employment and would receive a refund of the balance. Motion made by Kennedy, seconded by Moynihan to allow purchase for first six months of employment with Code Enforcement. Voted unanimously
Agenda Item #10-Attorney’s Report
None
Agenda Item #11-New Business
Motion made by Moynihan, seconded by Mantoni to allow survivor benefits for Marjorie Vallone, spouse of deceased, disabled police Officer, Leon Vallone. Voted unanimously
Agenda Item #12-Old Business
Update on the base of the COLA’s on all Retirement Systems. Executive Director, Anne Leduc informed the Board
she notified the Mayor, City Council and other Units of the System that consideration for a 2015 COLA will be on the April 1, 2015 Agenda.
Included in the agenda: December 2014 Trial Balance, General Ledger, Cash Receipts, Cash Disbursements, Adjusting Journal Entries, PRIM Board update for January 2015, Millenium, December 2014 report, Millenium, Notice of Amendment Approval, List of recent deaths, February Transfers
Motion made by Kennedy, and seconded by Moynihan to Adjourn at 7:20 P.M.
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Thomas M. Scanlon, Chairman
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Robert P. Moynihan, 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