Minutes

Winthrop Retirement Board · from the Town's website · 2 pages · 987 KB
open the file ↗ · original at the source ↗

Winthrop Contributory Retirement System Board Meeting De ce
1 Metcalf Square, Winthrop, Massachusetts, Harvey Hearing Room
and via Zoom
Minutes from th Meeting Held on June 27, 2023, 4:00 PM
Present Were: Karin Chavis (vie-Zoom) Bennis Boudrow Dylan Cook Terence Delehanty James Feeley**
Also Present: Attorney Michael Sacco, via Zoom

Karin Chavis called the meeting to Order at 4:01 PM and the Retirement Coordinator called the roll call.
Karin Chavis — Present

Dylan Cook - Present

Terence Delehanty —Present
Dennis Boudrow — Present
**James Feeley — Not Present

Chairwoman Chavis stated Attorney Sacco was present via Zoom to discuss reserve time but asked that we take the agenda
out of order until Board member Feeley dialed into the meeting.

The vote to approve the Retirement Board minutes for the COLA and regular meeting held on March 28, 2023, will be
moved to the July meeting.

Voted on a motion by Terence Delehanty, seconded by Dennis Boudrow, to approve the Eastern Bank Statement and
Reconciliation for May 2023 in the amount of $839,307.50. After a roll call vote the motion passed 4-0.

Voted on a motion by Dennis Boudrow, seconded by Terence Delehanty, to approve the Trial Balance, Cash Receipts,
Cash Disbursements, General Ledger and Adjustments for May 2023. After a roll call vote the motion passed 4-0.

Voted on a motion by Terence Delehanty, seconded by Dennis Boudrow, to approve the following refund of accumulated
deductions effective June 30, 2023:

James Carroll Program Coordinator Parks & Recreation Dates of service: 11/19/2018 — 3/6/2023 4.2500 years
After a roll call vote the motion passed 4-0.

**At this time James Feeley dialed into the meeting by phone and Chairwoman asked Attorney Sacco to proceed.
Discuss/vote former Officer Robert Hurley’s Section 3(5) regarding reserve police service Section 4(2)(b) for the period
October 5, 1995 — March 31, 1996. Attorney Sacco reviewed the Gomes decision as it applies to Section 4(2)(b) how it
should be interpreted and applies to reserve officers and stated Winthrop has had its fair share of issues with some officers
having payroll records and others who have no records receiving the service for free. Attorney Sacco stated the first course
of action would be for Mr. Hurley to contact the Boston Retirement Board and request purchase of service since he did not
purchase reserve time while in Winthrop. Attorney Sacco recommended that WRB accept liability and have Mr. Hurley
direct his request to Boston Retirement Board under Section 3 (5) regarding rendering service in another system. He
believes if Winthrop denies the liability the Board would likely lose at DALA then be challenged. He believes that this
would set precedence that we would have to grant others the time as well. He feels that there is no need for a Board vote
currently and to wait for Boston to send a letter requesting 3(8)(c) liability. Board member Delehanty stated that at this

Voted on a motion by Dennis Boudrow, seconded by Terence Delehanty, to approve the Retirement System Warrant
(Payroll, Accounts Payable, Investment transfers) for May 2023 in the amount of $573,179.64. The motion passed 4-0.

Voted on a motion by Terence Delehanty, seconded by Dennis Boudrow, to approve Kathleen Gutowski’s Application for

Voluntary Superannuation Option B, effective July 13, 2023. Kathy was employed by the DPW as a clerk with 32.3333
years of creditable service. The motion passed 4-0.

Voted on a motion by Terence Delehanty, seconded by Dylan Cook, to approve the acceptance of Eric Monahan, effective

June 14, 2023, at 9% + 2%, $41,860.00, full time. Eric is employed by the Health Department as a peer recovery coach.
The motion passed 4-0.

Voted on a motion by Terence Delehanty, seconded by Dennis Boudrow, to approve Sarko Gergerian’s request to buyback
his reserve employment with Winthrop Police prior to entering the Winthrop Retirement System as a full-time police officer
on September 16, 2013. Once payment is received in full, he shall be awarded 1 year and 8 months of creditable service

for the period January 1, 2012, through September 15, 2013. Payment options are available and interest will accrue on the
unpaid balance. The motion passed 4-0.

Voted on a motion by Terence Delehanty, seconded by Dennis Boudrow, to approve Nicholas Disciscio’s request to
buyback his reserve employment with Winthrop Police prior to entering the Winthrop Retirement System as a full-time
police officer on April 9, 2023. Once payment is received in full, he shall be awarded 2 months of creditable service for

the period February 1, 2023, through April 8, 2023. Payment options are available and interest will accrue on the unpaid
balance. The motion passed 4-0.

Chairwoman Chavis stated the next item on the agenda was to discuss/vote the Retirement Coordinator’s COLA and
Longevity payment effective July 1, 2023. Dylan Cook stated all non-unions were being awarded a 2% COLA. Voted ona
motion from Terence Delehanty, seconded by Dennis Boudrow to award the retirement coordinator a 2% COLA increase
and longevity payment of $1,175 that follows the Town. The motion passed 4-0.

Old Business

New Business

The Retirement Coordinator stated that Chairwoman Chavis’ term as 5‘ Board Member position was set to end on
August 30, 2023. A notice will be submitted to PERAC for posting and will be posted to the Town website as well.
Administrators Announcements:

GIC health insurance rate changes effective July 1, 2023, are reflected in this month’s retirement allowances

Board member Dylan Cook and Coordinator Michelle Church participated in the MACRS Conference
June 5 — 7,

Section 9 beneficiary, Judith Riley passed away on April 5, 2023.
The next meeting is tentatively scheduled for July 25, 2023, at 4:00PM in the Harvey Room.

Voted on a motion by Terence Delehanty, seconded by Dylan Cook to adjourn at 4:35 PM. The motion passed 4-0,

Dylan Céok Karin Chavis Dennis Boudrow

j | MW)

Terence Delehanty James Feeley