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Agenda

Winthrop Retirement Board · from the Town's website · released Aug 31, 2021 · 1 page · 491 KB
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Winthrop Contributory Retirement System Board Meeting
Meeting will be held via conference call using Zoom meeting ID: 839 3203 8462
August 31, 2021, 6:00 PM
Posted Agenda

Call to Order R E c E | V ‘3 D
Vote to approve the Retirement Board minutes for the meeting held on July 27, 2021. 7
1022 ANG 2b P 135

Vote to approve the revised Retirement System Warrant (Payroll, Accounts Payable, Investment transfers) for July2021 in the amount of
$497,849.01.

Vote to approve the Retirement System Warrant (Payroll, Accounts Payable, Investment transfers) for August 2021.

Discuss/Vote regarding the transfer of funds from Eastern Bank to PRIT of appropriation money received effective
September 1, 2021

Vote to approve the following acceptances at 9% + 2%:

Name Title/Group Start Date Salary

Eve Madan School ESP/1 8/30/2021 $28,317.00/full time

Camryn Conley School ESP/1 8/30/2021 $19,436.04/full time

Genine Bushfan School ESP/1 8/30/2021 $25,836.00/full time

Katherine Teixeira School ESP/1 8/30/2021 $27,134.00/full time

Lucia Ancillo School ESP/1 8/30/2021 $25,836.00/full time

Syeda Jahan School ESP/1 8/30/2021 $27,134.00/full time

Ava Salvi School ESP/1 8/30/2021 $19,436.00/full time

Domenic DeMasi Library/1 8/31/2021 $32,086.60/full time (Late entry)
Katrina Donovan Library/1 8/31/2021 $40,349.40/ full time (Late entry)
Michael Harris DPW/1 8/31/2021 $38,046.36/full time (Late entry)

Vote to approve the transfer of Monica Ford’s total accumulated deductions effective August 31, 2021, to the Everett Retirement System.
Winthrop’s 3(8)(c) liability is 13.8333 years.

Vote to approve the transfer of Austin Faison’s total accumulated deductions effective August 31, 2021, to the Somerville Retirement Board.
Winthrop’s 3(8)(c) liability is 2.9167 years.

Vote to approve the following application for Voluntary Superannuation Option A retirement effective October 1, 2021
Susan Eccles School Business Office Manager 35.9167 years of service

New Business
Discuss PTG Self Service Software

Old Business
Election update

Discuss/vote extending PERAC funding for FY23

Administrators Announcements:
Budget through June 2021 emailed to Board members

Superannuation Option A retiree Eugenia Cerulli passed away on July 25, 2021
Superannuation Option B retiree Dolores Hickey passed away on August 8, 2021
Superannuation Option A retiree Kathleen Masterson passed away on August 10, 2021
Schedule September 2021 Meeting

Vote to adjourn.