Agenda
Winthrop Retirement Board · from the Town's website · released Jan 28, 2025 · 1 page · 67 KB
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Winthrop Contributory Retirement System Board Meeting 1 Metcalf Square, Winthrop, Massachusetts, Harvey Hearing Room January 28, 2025, 4:00 PM Posted Agenda Call to Order Roll Call Presentation by PRIM Vote to approve the meeting minutes from November 19, 2024, meeting. Vote to approve the meeting minutes from December 17, 2024, meeting. S095 Jen 29 PHISS Vote to approve the Eastern Bank Statement and Reconciliation for November 2024 in the amount of $2,941,917.76. TOWN CLERK -WINTHROP Vote to approve the Eastern Bank Statement and Reconciliation for December 2024 in the amount of $2,645,509. 14. Vote to approve the Trial Balance, Cash Receipts, Cash Disbursements, General Ledger, and Adjustments for November 2024 Vote to approve the Retirement System Warrant (Payroll, Accounts Payable, Investment transfers) for January 31, 2025 Vote to approve the acceptance of Cheryl Leon-McCormick, effective November 19, 2024, at 9% + 2%, $135,000, full time. Cheryl is the Assistant Town Manager. Vote to approve the acceptance of Staci Avery, effective November 4, 2004, 2024, at 9% + 2%, $21,251.00 (pro-rated), full time. Staci is employed by the School Department as an ESP. Vote to approve the acceptance of Greer Rooney, effective November 18, 2024, at 9% + 2%, $20,528.64 (pro-rated), full time. Greer is employed by the School Department as an ESP. Vote to approve the acceptance of Kaylee Burgess, effective December 9, 2024, at 9% + 2%, $52,500.00. Kaylee is the Assistant Director/Outreach Coordinator for Council on Aging. Vote to approve the acceptance of Joan Pena, effective December 15, 2024, at 9% + 2%, $57,196.25, Joan is a Police Officer. Vote to approve the acceptance of Matthew Lieber, effective January 6, 2025, at 9% + 2%, $20,176.00 (pro-rated) Matthew is a custodian for the School Department. Vote to approve the acceptance of Maria Coccimiglio, effective January 13, 2025, at 9% + 2%, $42,017.52. Maria is a clerk in the Treasurer’s office. Vote to approve the acceptance of Kimmy Caggiano, effective January 21, 2025, at 9% + 2%, $10,742.26 (pro-rated) Kimmy is employed by the School Department as an ESP. Discussion on pension forfeiture review Old Business New Business Administrators Announcements: Superannuation A retiree, Alice Hayes passed away on December 16, 2024. Superannuation C retiree, James Foley passed away on January 13, 2025. His option C survivor will receive a monthly payment. Quarter 1, Year 2025 Course Offerings were mailed to Board members on January 6, 2025 3(8)(c) bills were mailed January 13, 2025 The Socia! Security Administration has announced that the latest COLA is 2.5%. 1099R’s were mailed January 16, 2025. The next meeting is tentatively scheduled for February 25, 2025, at 4:00 PM Vote to adjourn.