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Agenda

Winthrop Retirement Board · from the Town's website · released Aug 30, 2022 · 2 pages · 95 KB
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Winthrop Contributory Retirement System Board Meeting
1 Metcalf Square, Winthrop, Massachusetts, Harvey Hearing Room
August 30, 2022 3:30 PM
Posted Agenda

Call to Order
Discuss/vote on Ralph Cali 91(b) overearnings

Vote to approve the Retirement Board minutes for the meeting held on July 26, 2022.

Vote to approve the Trial Balance, Cash Receipts, Cash Disbursements and Adjustments for June 2022
Vote to approve the Trial Balance, Cash Receipts, Cash Disbursements and Adjustments for July 2022
Vote to approve the Eastern Bank Statement and Reconciliation for July 2022

June 2022 Budget to Actual was emailed to Board members for review

Discuss/Vote regarding the transfer of funds from Eastern Bank to PRIT of appropriation money received effective
September 1, 2022

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

Name Title/Group Start Date Salary

Nikolas Beshere Human Resources/1 7/1/2022 $55,057.00/full time
Philip Ronan Veterans Agent/1 7/18/2022 $51,500.00/full time
Ilir Papa Code Enforcement/1 7/1/2022 $46,220.72/full time
Juclaubern Osias DPW/1 7125/2022 $38,046.36/full time
Alexis Joyce Police/4 08/01/2022 $50,936.23/full time
Bonnie Houghton WHA Admin/1 08/08/2022 $42,510.00/full time
Francesca Capone School ESP/1 08/30/2022 $27,134.00/full time
Alyssa Boxill School ESP/1 08/30/2022 $33,014.00/full time
Kristina Coffey School ESP/1 08/30/2022 $27,134.00/full time
Antonietta Adler School ESP/1 08/30/2022 $17,708.00/full time
Julie Haskeil School ESP/1 08/30/2022 $21,888.00/full time
Kim Hayes School ESP/1 08/30/2022 $29,392.00/full time

Vote to approve the transfer of funds for Roseann Mazzuchelli to the Melrose Retirement Board effective August 31, 2022.
Winthrop’s 3(8)(c) liability is 13.0833 years.

Vote to approve the refund of Kory Silck’s accumulated deductions effective August 31, 2022. Kory was employed by the DPW
‘with 0.5833 years.

Vote to approve the refund of Christopher Mailhiot’s accumulated deductions effective August 31, 2022. Christopher was
-employed by Winthrop Public Schools as an ESP with 5.1667 years of service.

.Vote to approve Philip Ronan’s request to buyback three years and eleven months of military time.
Old Business
Update Board on Pension Technology Group ESS process

Discuss/vote COLA base increase

New Business

Administrators Announcements:

PERAC has announce the Emerging Issues Forum will be held Thursday, September 15" from 9am — 3pm at Holy Cross. There
is no fee for this conference and 3 credits are available for Board members

Fall MACRS Conference will be held October 2"! — 5" in Springfield 6 credits available to Board members

PERAC Memo #21/2022 Vernava II update was emailed to the Board on August 1, 2022

Schedule September 2022 Meeting

Vote to adjourn.