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Minutes

Winthrop Retirement Board · from the Town's website · 2 pages · 590 KB
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Winthrop Contributory Retirement System Board Meeting
1 Metcalf Square, Winthrop, Massachusetts, Harvey Hearing Room
Zoom Link: 883 2376 9296
September 26, 2023, 4:00 PM

Posted Agenda PE CEIVED

Call to Order

~

Roll Call

John Boorack to present results of the January 1, 2023 actuarial valuation via Zoom

Vote to approve the Retirement Board minutes for the meeting held on August 29, 2023.

Vote to approve the Eastern Bank Statement and Reconciliation for August 2023 in the amount of $4,133,015.83.

Vote to approve the Trial Balance, Cash Receipts, Cash Disbursements, General Ledger, and Adjustments for August 2023.

Discuss/Vote regarding the transfer of funds from Eastern Bank to PRIT of appropriation money received effective
October 2, 2022

Vote to approve the transfer of Paul Eruzione’s total accumulated deductions effective September 29, 2023, to the
MA Port Retirement System. Dates of service: 07/01/2019-08/13/2023. Winthrop’s 3(8)(c) liability is 4.0833 years.

Vote to approve the transfer of Michael Forcillo’s total accumulated deductions effective September 29, 2023, to the
MA Port Retirement System. Dates of service: 05/07/2018-08/13/2023. Winthrop’s 3(8)(c) liability is 5.2500 years.

Vote to approve the transfer of Stephen Barron total accumulated deductions effective September 29, 2023, to the
MA Port Retirement System. Dates of service: 07/01/2019-08/13/2023. Winthrop’s 3(8)(c) liability is 4.0833 years.

Vote to approve the transfer of Alyssa Sacco total accumulated deductions effective September 29, 2023, to the
Malden Retirement System. Dates of service: 5/23/2013-08/01/2023. Winthrop’s 3(8)(c) liability is 10.1667 years.

Vote to approve the refund of Genie Bushfan’s total accumulated deductions effective September 29, 2023. Genie was an ESP
with Winthrop Schools. Dates of service 8/30/2021-8/30/2023.

Vote to approve the refund of Christopher Saggese’s total accumulated deductions effective September 29, 2023. Christopher was
a firefighter. Dates of service 02/27/2006-06/09/2022.

Vote to approve the Retirement System Warrant (Payroll, Accounts Payable, Investment transfers) for September 2023.

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

Name Title/Group Start Date Salary
Kayleigh Doucette School Secretary/! 8/21/2023 $47,112.00/full time
Natalie Fitzpatrick School ESP/] 8/29/2023 $20,634.00/full time
Sharon Rosas School ESP/1 8/29/2023 $29,872.00/full time
Atiyeh Cassidy School ESP/1 5/29/2023 $28,642.00/full time
Danielle Nalen School ESP/I 8/29/2023 $27,292.00/full time
Elizabeth Tamayo School ESP/I 8/29/2023 $20,635.00/full time
Amanda Siegel School/ESP | 8/29/2023 $28,642.00/full time
Jordan Jolliemore DPW/1 8/28/2023 $43,620.10/full time
Curtis Dessources School ABA Tech/! 09/07/2023 $245.00/daily/full time
Fallon DiPlatzi School ESP/1 09/15/2023 $25,643.16/full time
Marcia Scanlon School Nurse/! 09/18/2023 $325.00/daily/full time
Ryan Skoczylas School ESP/1 09/18/2023 $26,752.90/full time
Nicole Rizzotto Finance Clerk/! 9/18/2023 $48,074.23/full time

Old Business
Discuss/vote Section 9! A excess earnings collection issue.

New Business
Budget YTD through June 30, 2023 emailed to Board

Administrators Announcements:

Vote to adjourn.