Minutes

Winthrop Retirement Board · from the Town's website · 1 page · 369 KB
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Winthrop Contributory Retirement System Board Meeting
Meeting was held remotely via Conference Call using Zoom
Minutes from the Meeting Held on September 27, 2022, 4:00 PM
Present Were: James Feeley Dennis Boudrow Terence Delehanty
Not Present: Karin Chavis

Michelle Church, Retirement Coordinator called the meeting to order at 4:10 PM.

Karin Chavis. Voted on a motion by Dennis Boudrow, seconded by James Feely for Terence Delehanty to act as Interim
Chair. The motion passed unanimously.

Michelle Church stated that four items on the agenda needed to be voted on. Terence Delehanty asked the Retirement
Coordinator to read each item since he was on the road.

Voted on a motion by Terence Delehanty, seconded by James Feeley, 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. After a roll call vote the motion passed 3-0.

Voted on a motion by James Feeley, seconded by Terence Delehanty, to approve the transfer of funds for Cyndi St. George
to the Woburn Retirement Board effective September 30, 2022. Winthrop’s 3(8)(c) liability is 6.0000 years. After a roll
call vote the motion passed 3-0.

Voted on a motion by Terence Delehanty, seconded by Dennis Boudrow, to approve the Retirement System Warrant

(Payroll, Accounts Payable, Investment transfers) for September 2022 in the amount of $546,851.89. After a roll call vote
the motion passed 3-0.

Voted on a motion by Terence Delehanty, seconded by Dennis Boudrow, to approve Michelle Church to attend MACRS
Fall Conference, October 2"-October 5", The motion passed unanimously.

Due to lack of physical quorum with Board members traveling, motion was made by Terence Delehanty, seconded by
James Feeley to table the rest of the agenda items until the next meeting. The motion passed unanimously.

Voted on a motion by Terence Delehanty, seconded by Dennis Boudrow, to adjourn at 4:14PM. The motion passed 3-0.

Karin Chavis

Terence Delehanty

@. Ble

Dennis Boudrow ames Feeley