Agenda
Winthrop Retirement Board · from the Town's website · released Sep 27, 2022 · 2 pages · 104 KB
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Winthrop Contributory Retirement System Board Meeting 1 Metcalf Square, Winthrop, Massachusetts, Harvey Hearing Room September 27, 2022, 4:00 PM Posted Agenda Call to Order Vote to approve the Retirement Board minutes for the meeting held on August 30, 2022. Vote to approve the refund of Tanji Cifuni? s accumulated deductions effective September 30, 2022. Tanji was employed was the Community Development for the Town with 13.4167 years of service. Vote to approve the transfer of funds for Cyndi St. George to the Wobum Retirement Board effective September 30, 2022. Winthrop’s 3(8)(c) liability is 6.0000 years. Vote to approve the Retirement System Warrant (Payroll, Accounts Payable, Investment transfers) for September 2022. Discuss/Vote regarding the transfer of funds from Eastern Bank to PRIT of appropriation money received effective October 3, 2022 Vote to approve the Trial Balance, Cash Receipts, Cash Disbursements and Adjustments for August 2022 Vote to approve the Eastern Bank Statement and Reconciliation for August 2022 Discuss/vote Section 91A excess earnings collection issue. Vote to approve the following acceptances at 9% + 2%: ‘Name Title/Group Start Date Salary Zoraida Murray Community Resource/1 8/8/2022 $ 45,500.00/full time Brendan Carritte Treasurer/1 8/29/2022 $110,000.00/full time Imani Combs Deputy Treasurer/1 8/29/2022 $78,000.00/full time Danielle Navarro School ESP/1 8/30/2022 $27,134.00/full time Robin Fowle School ESP/1 8/30/2022 $19,437.00/full time Andrea Rodriguez School ESP& Office Aid/1 8/29/2022 $ 27,134.12/full time Norina Schirripa School Nurse/1 8/30/2022 $50,115.00/full time Vote to approve John Nalen’s Application for Voluntary Superannuation Option C, beneficiary Janet Nalen, effective November 23, 2022. John is employed by the DPW and has 10.0000 years of creditable service. Vote to approve Nikolas Beshere’s request to buyback the time he was employed by Winthrop Public Schools prior to entering ‘the Winthrop Retirement System: January 15, 2014-July 20, 2022, 1.0833 years of service. His service time is as follows: Year #of hours worked/creditable service _ Salary 2014-2016 earned less than $5,000 each year not eligible . 2017 449.25 (2 months creditable service) $5,242.25 2018-2020 earned less than $5,000 each year not eligible 2021 630.00 (4 months creditable service) $17,347.50 2022 910.00 (7 months creditable service) $27,733.50 = Payment options are available and interest will accrue on the unpaid balance. x: oP a= mm & Vote to approve Michelle Church to attend MACRS Fall Conference, October 2"4-October 5th ac ae ad 2 aot U rm ax ey ; = wn Viw DUSHIOSS Discuss DALA letter on Ralph Cali 91(b) overearnings Notice received from PERAC denying stipend paid to Kathleen Rappa as regular compensation Discuss/vote COLA base increase New Business Administrators Announcements: Michelle Church, Retirement Administrator attended PERAC Emerging Issue Conference on September 15, 2022 PERAC auditors are back on site auditing the records of the Retirement System for the years, 2016 —2019 Option B retiree Marilyn Kaplan passed away on September 4, 2022 Schedule October 2022 Meeting Vote to adjourn. Sh? co 22 38 WN Q3AIZ034