AGENDA FOR THE SPRINGFIELD RETIREMENT BOARD MEETING
70 TAPLEY STREET, SPRINGFIELD, MA 01104
TO BE HELD ON MAY 3, 2017 AT 5:00 P.M.
Agenda Item #1-Minutes
Vote to consider approving the minutes of the meeting held on April 12, 2017.
Agenda Item #2-Superannuations
Vote to consider the acceptance of the following Superannuations
1.William Andrew, Sergeant, Police Department, with 33 years and 7 months as of 5/28/17
2.Susan Banning, Reference Librarian, Library, with 35 years and 9 months as of 7/29/17
3.Judith Benoit, Administrative Assistant, School Department, with 30 years and 6 months as of 6/30/17
4.Scott Gray, Junior Custodian, School Department with 10 years as of 7/14/17
5.Tracey Hill, Paraprofessional, School Department, with 18 years and 8 months as of 6/21/17
6.Harry Kastrinakis, Captain, Police Department, with 33 years and 4 months as of 6/14/17
7.Christopher Kelliher, Crime Scene Photographer, Police Dept. with 28 years and 7 months as of 5/29/17
8.Maria Monroy, Paraprofessional, School Department with 37 years and 6 months as of 6/22/17
9.Bethzaida Santiago, Paraprofessional, School Department with 21 years and 6 months as of 6/22/17
Agenda Item #3-Warrants
Vote to reaffirm the approval of the following warrants:
Warrant #14 Refunds in the amount of $377,232.70
Warrant #15 Expenses in the amount of $69,916.85
Warrant #16 Expenses in the amount of $79,936.51
Warrant #17 March Retiree allowances in the amount of $6,134,798.80
and redemption from the PRIT fund in the amount of $5,550,000.00
Warrant #18 Expenses in the amount of $686.25
Agenda Item #4-Refunds/Transfers to Other Systems
Vote to consider the eleven (11) 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-Victor Gomez/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-Director’s Report
• PERAC final approval of Retirement Benefits
• PROSPER System Requirements
• Pension Technology Group (PTG) Update
Agenda Item #7-Attorney’s Report
Agenda Item #8-Old Business
Agenda Item #9-New Business
F. Y. I.
• PERAC Memos
• #17 Mandatory Retirement Board Member Training – 2nd Quarter 2017
• PERAC Correspondence – PROSPER Rollout Begins
• March PRIT Fund Update
• Trial Balance, Adjusting Entries, Receipts, Disbursements and General Ledger for the months of January and February
• Treasurer’s Reconciliation for the month of January
• Budget Balances as of April
• Monthly Transfers for March
• Recent Retiree Deaths
Next meeting: June 14, 2017
The Board reserves the right to consider items on the agenda out of order. In addition, the Board may enter into Executive Session during the meeting if requested by the individual or as deemed necessary by the Board or its Legal Counsel.