Agenda
Winthrop Retirement Board · from the Town's website · released Nov 29, 2022 · 1 page · 487 KB
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Winthrop Contributory Retirement System Board Meeting 1 Metcalf Square, Winthrop, Massachusetts, Harvey Hearing Room November 29, 2022, 4:00 PM Posted Agenda Call to Order Roll Call RECEIVED 122 NOV23 A & 10 OWN CLERK “INTHROP, MASS. Vote to approve the transfer of George Quilty’s total accumulated deductions effective November 30, 2022, to MWRA Retirement System. George was employed by the DPW and Winthrop’s 3(8)(c) liability is 0.7500 years Vote to approve the Retirement Board minutes for the meeting held on September 27, 2022. Vote to approve the Retirement Board minutes for the meeting held on October 25, 2022. Vote to approve the Retirement System Warrant (Payroll, Accounts Payable, Investment transfers) for November 2022. Vote to approve the Trial Balance, Cash Receipts, Cash Disbursements and Adjustments for September and October 2022 Vote to approve the Eastern Bank Statement and Reconciliation for October 2022 Discuss/Vote regarding the transfer of funds from Eastern Bank to PRIT of appropriation money received effective December 1, 2022 September 2022 Budget to Actual was emailed to Board members for review Vote to approve the following acceptances at 9% + 2%: Name Title/Group Start Date Salary Juliahna Losano School ESP/1 8/30/2022 (Late entry 11/9/22) _$ 19,437.00/full time Courtney McSwiney School ESP/1 9/12/2022(Late entry 11/9/22) _ $25,836.00/full time Nicholas Woytaszek | DPW/1 10/31/2022 $ 40,453.79/full time John Lyons DPW/1 11/7/2022 $ 40,453.79/full time Old Business Discuss DALA letter on Ralph Cali 91(b) overearnings Discuss/vote Section 91A excess earnings collection issue of John Hayes Discuss/vote COLA base increase - PERAC Memo #29/2022 5% Local COLA Option New Business Discuss/vote on the Annual review of the Retirement Coordinator Discuss/vote ex-officio stipend of $3,000 Review of findings of PERAC audit for the Winthrop Retirement System for the audit period January 2016 — December 2019 e Refund of members who were charged incorrect interest on buybacks e Vote to approve 10 months of creditable service for Officer David Brown for the period 5/1/1997-2/16/1998. No pay records exist. Administrators Announcements: The December meeting is scheduled for Tuesday, December 20" at 4:00 PM in the Harvey Conference Room Vote to adjourn.