AGENDA FOR THE SPRINGFIELD RETIREMENT BOARD MEETING
70 TAPLEY STREET, SPRINGFIELD, MA 01104
TO BE HELD ON OCTOBER 5, 2016 AT 5:00 P.M.
Agenda Item #1-Minutes
Vote to consider approving the minutes of the meeting held on September 7, 2016
Agenda Item #2-Superannuations
Vote to consider the acceptance of the following Superannuations:
1. Anna Calvanese, Senior Clerk, School Department, with 32 years as of 12/2/16
2. Richard J. Davidson, Police Officer, Police Department, with 28 years and 1month as of 9/30/16
3. Edward Hannifin, Library Associate, Library with 17 years and 4 months as of 10/1/16
4. Lisa Kane, Paraprofessional, School Department, with 32 years and 3 months as of 10/29/16
Agenda Item #3-Warrants
Vote to consider and concur with the approval of:
Warrant #34 Expenses in the amount of $13,108.78
Warrant #35 Expenses in the amount of $11,709.40
Warrant #36 Refunds in the amount of $236,726.39
Warrant #37 Expenses in the amount of 24,351.77
Warrant #38 September Retiree allowances in the amount of $6,065,498.83 and redemption
from the PRIT fund in the amount of $5,175,000.00
Warrant #39 Refunds in the amount of $26,700.49
Agenda Item #4-Refunds
Vote to consider the twenty-three (23) requests for refunds. The names have been submitted to their particular Department, the Law Department and the Massachusetts Department of Revenue.
Agenda Item #5-Redeposit of Refunds and Makeup of Contributions
Vote to consider the redeposit of refunds to:
1. Karla Camacho, Para, School Department, for the refund from Springfield Retirement in 2011
2. Walter Davis, Custodian, School Department, for the refund from Springfield Retirement in 1990
3. Marco Diaz, Para, School Department, for the refund from Springfield Retirement in 2015
4. Kevin Morrow, Firefighter, Fire Department, for the refund from Springfield Retirement in 2010
5. Maureen Neal, After School Coordinator, School Department for refunds from the State Retirement Board in 1973 and from Springfield Retirement in 1996
6. Julio Vergne, Para, School Department, for the refunds from Springfield Retirement in 2014 & 2015
Vote to consider the makeup of contributions to:
1. Michael Knowlton, Mechanic, Springfield Housing Authority, purchasing 3 years 9 months of employment at the Springfield Housing Authority as a temporary worker.
Agenda Item #6- Accidental Disability-Thomas Kelliher/Facilities Management
Vote to consider the responses of the medical panel regarding the application for Accidental Disability benefits submitted by Thomas Kelliher.
Agenda Item #7- Accidental Disability-Timothy Collins/School Department
Vote to consider the acceptance of the application for Accidental Disability benefits submitted by Timothy Collins, and request that PERAC convene a medical panel.
Agenda Item #8-Involuntary Accidental Disability/Ordinary Disability-Mark Giannini/Fire Department
Vote to consider the acceptance of the application for Accidental Disability/Ordinary benefits submitted by Fire Commissioner Joseph Conant, and request that PERAC convene a medical panel.
Agenda Item #9- Benefits under Section 9
Vote to consider survivor benefits to the beneficiary of Thomas M. Bargalla of the Water & Sewer Commission-Deceased.
Agenda Item #10-Director’s Report
• Update on Public Records Policy
• Update on MGL Chapter 32 Section 91A – Excess Earnings
• Termination of Benefits under MGL Chapter 32 Section 8(a)(1)
• Update on Benefit Verification Forms/Affidavits
• Draft of Independent Auditor’s Report – A representative from Powers & Sullivan has rescheduled to attend an upcoming Board Meeting
• Update on Computer Software
• Discussion of Office Equipment
• Discussion of the 2017 Administrative Budget
• PERAC final approval of Retirement Benefits
Agenda Item #11- Attorney’s Report
Agenda Item #12- Old Business
Agenda Item #13- New Business
F. Y. I.
• PERAC Memos
#23 Tobacco Company List
• PRIT Fund Update
• Treasurer’s Reconciliation for the month of August
• Trial Balance, Adjusting Entries, Receipts, Disbursements and General Ledger for the month of August
• Budget Balances as of September 2016
• Monthly Transfers for September
• Recent Retiree Deaths