Agenda
Winthrop Retirement Board · from the Town's website · released Jul 29, 2025 · 1 page · 499 KB
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Winthrop Contributory Retirement System Board Meeting 1 Metcalf Square, Winthrop, Massachusetts, Harvey Hearing Room July 29, 2025, 4:00 PM Posted Agenda Call to Order Roll Call RECEIVED Vote to approve the meeting minutes from June 24, 2025, meeting. 2025 JUL 24 P2ty Vote to approve the Eastern Bank Statement and Reconciliation for June 2025 in the amouny SBM OR K Vote to approve the Retirement System Warrant (Payroll, Accounts Payable, Investment seans oe RP HA 3p 2025 Vote regarding transfer of funds, if needed, effective August 1, 2025, from PRIM to Eastern Bank to cover payroll and accounts payable for August 2025. Vote to approve the Trial Balance, Cash Receipts, Cash Disbursements, General Ledger, and Adjustments for May 2025 and June 2025 Vote to approve the transfer of Christopher Carroll’s total accumulated deductions effective July 31, 2025, to the Middlesex County Retirement Board. Dates of service: 8/22/2019-3/10/2022. Winthrop’s 3(8)(c) liability is 2.5000 years. Vote to approve the transfer of Rebecca Curran DiStasi’s total accumulated deductions effective July 31, 2025, to the Middlesex County Retirement Board. -Dates of service: 9/14/2000-12/18/2000. Winthrop’s 3(8)(c) liability is 0.2500 years. Vote to approve the refund of Bonnie Houghton’s total accumulated deductions effective July 31, 2025. Bonnie was employed by the Winthrop Housing Authority. Dates of service 08/08/2022-06/06/2025. Vote to approve the refund of Tyler Strawhecker’s total accumulated deductions effective July 31, 2025. Tyler was an ESP for Winthrop Schools. Dates of service 8/29/2023-6/12/2025. Vote to approve the refund of Ava Salvi’s total accumulated deductions effective July 31, 2025. Ava was an ESP for Winthrop Schools. Dates of service 8/30/2021-12/22/2022. Vote to approve the refund of Antonietta Adler’s total accumulated deductions effective July 31, 2025. Antonietta was an ESP for Winthrop Schools. Dates of service 8/30/2022-6/12/2025. New Business Discuss Interim Retirement Coordinator position Discuss/vote Retirement Coordinator vacation payout M.GLL. c. 30A, § 21(a)(2) the Board may enter Executive Session to conduct strategy sessions for contract negotiations with non-union personnel and also to conduct those negotiations with the non-union personnel. ‘ Old Business RFP dispersal with RFP Evaluation sheets Administrators Announcements: COLA increases effective July 1, 2025, are reflected in this month’s retirement allowances The Board has received the results of the January 1, 2025 actuarial valuation from PERAC Schedule the August 2025 meeting Vote to adjourn.