If you are unable to attend the Springfield Retirement Board Meeting in person, please notify the Springfield Retirement Office by 4:30 PM on Tuesday, March 1, 2022, by emailing sbaltazar@springfieldcityhall.com to receive a link to attend the meeting remotely.
AGENDA FOR THE SPRINGFIELD RETIREMENT BOARD MEETING
SPRINGFIELD DPW CONFERENCE ROOM
70 TAPLEY STREET, SPRINGFIELD, MA 01104
TO BE HELD ON MARCH 2, 2022 AT 5:00 P.M.
Agenda Item #1-Minutes
Vote to consider approving the minutes of the meeting held on February 2, 2022.
Agenda Item #2 - COLA
Vote to consider the July 1, 2022 cost of living adjustment. Notice of this agenda item was sent to Mayor Sarno, the City Council, the Housing Authority, and the Water & Sewer Commission.
Agenda Item #3-Involuntary Accidental Disability/Ordinary Disability Application-Aaron Hyte-Fire Department
Vote to consider the acceptance of the application for Accidental Disability/Ordinary Disability benefits submitted by Commissioner Bernard Calvi, and request that PERAC convene a medical panel.
Agenda Item #4-Involuntary Accidental Disability Application-Jose Marquez-Fire Department
Vote to consider the acceptance of the application for Accidental Disability benefits submitted by Commissioner Bernard Calvi, and request that PERAC convene a medical panel.
Agenda Item #5-Accidental Disability-Philip Washington-School Department
Vote to consider the acceptance of the application for Accidental Disability benefits submitted by Philip Washington, and request that PERAC convene a medical panel.
Agenda Item #6-Accidental Disability-Michael Cross-School Department
Vote to consider the responses of the medical panel for Accidental Disability benefits submitted by Michael Cross.
Agenda Item #7-Involuntary Accidental Disability Application-Roberto Matos-Police Department
Review and consider the information from PERAC regarding the request for Accidental disability benefits submitted by Commissioner Cheryl Clapprood.
Agenda Item #8-Superannuations
Vote to consider the acceptance of the following Superannuations:
1. Daniel Brunton, Police Officer, Police Department with 34 years and 10 months as of 3/10/22.
2. Booker Lemons, Auto Refuse Driver, DPW with 30 years and 11 months as of 4/1/22.
3. Maritza Martinez, Paraprofessional, School Department with 14 years and 2 months as of 2/12/22.
4. James O’Connor III, Credit & Collection Manager, W&S Department with 21 years and 4 months as of 4/2/22.
5. Richard Olsson, Building Inspector Building Department with 21 years and 7 months as of 2/19/22.
6. Robert Patruno, Police Officer, Police Department with 31 years as of 3/4/22.
7. Edward Pikula, City Solicitor, Law Department with 36 years and 1 month as of 3/12/22.
8. Joel Reyes, Police Officer, Police Department with 33 years and 4 months as of 3/16/22.
9. Marc Savage, District Fire Chief, Fire Department with 31 years and 8 months as of 4/29/22.
Agenda Item #9-Warrants
Vote to reaffirm the approval of the following warrants:
Warrant #7 Refunds in the amount of $95,581.25
Warrant #8 Expenses February in the amount of $1,286,148.21
Warrant #9 Expenses February in the amount of $101,461.51
Warrant #10 Transfers in the amount of $30,646.76
Warrant #11 Refunds in the amount of $22,670.74
Warrant #12 Retirement payroll in the amount of $7,154,562.27
and redemption from the PRIT fund in the amount of $7,000,000.00
Agenda Item #10-Refunds/Transfers to Other Systems
Vote to consider the twelve (12) 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 #11-Benefits under Section 101
Vote to consider survivor benefits to the beneficiary of Anthony Amato, Sr. of the Fire Department-Deceased
Agenda Item #12-Director’s Report
Update on Affidavits - Benefit Verification Forms
Agenda Item #13-Attorney’s Report
Agenda Item #14-Pension Obligation Bonds Update
An update will be provided on the potential issuance of Pension Obligation Bonds.
Agenda Item #15-Old Business
Agenda Item #16-New Business
F. Y. I.
January PRIT Fund Update
Boston Millennia Quarterly Reports
Treasurer’s Reconciliation for the month of December
Budget Balances as of February
Monthly Transfers for February
Recent Retiree Deaths
Monthly Cash Flow
Next Monthly Board Meeting: April 6, 2022 @ 5:00 P.M.
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. Items listed for discussion in Executive Session may be conducted in open session in addition to or in lieu of discussion in Executive Session.