Minutes
Winthrop Retirement Board · from the Town's website · 2 pages · 1.0 MB
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Dec ; ; 4 Winthrop Contributory Retirement System Board Meeting , 1 Metcalf Square, Winthrop, Massachusetts, Harvey Hearing Room S au ) Minutes from the meeting held on May 26, 2026, 4:05 PM ce Present Were: Present Were: Karin Chavis Stephen Rogers Dylan Cook Terence Delehanty Not Present: Dennis Boudrow Chairwoman Chavis called the meeting to order at 4:09 PM. The Retirement Coordinator called the roll: Karin Chavis — Present Terence Delehanty - Present Dylan Cook — Present Stephen Rogers — Present All votes were taken via roll call, The Board discussed the posting, as drafted by the Retirement Coordinator, for the 3-year term for the 5th board member position which is currently held by Karin Chavis and due to expire on 8/30/2026. The Retirement Coordinator confirmed that the position will be posted on the Town of Winthrop website, Winthrop Retirement website and PERAC’s website. Voted on a motion by Terence Delehanty, seconded by Dylan Cook, to approve the meeting minutes from the April 28, 2026, meeting. The motion passed 3-0 with 1 abstention by Karen Chavis. Voted on a motion by Terence Delehanty, seconded by Dylan Cook, to approve the executive session meeting minutes from the April 28, 2026, meeting. The motion passed 3-0 with | abstention by Karen Chavis. Voted on a motion by Dylan Cook, seconded by Terence Delehanty, to approve the Eastern Bank Statement and Reconciliation for April 2026 for $752,278.27. The motion passed 4-0. Voted on a motion by Dylan Cook, seconded by Terence Delehanty, to approve the Retirement System Warrant (Payroll, Accounts Payable, Investment transfers) for May 2026 in the amount of $509,260.88. The motion passed 4-0, Voted on a motion by Terence Delehanty, seconded by Dylan Cook, to transfer $200,000, effective June 1, 2026, from PRIM to Eastern Bank to cover payroll and accounts payable for June 2026. The motion passed 4-0. Voted on a motion by Terence Delehanty, seconded by Dylan Cook, to approve the Trial Balance, Cash Receipts, Cash Disbursements, General Ledger, and Adjustments for April 2026. The motion passed 4-0. Voted on a motion by Dylan Cook, seconded by Terence Delehanty, to approve the acceptance of Christopher Miccichi, effective April 19,2026 at 9% + 2%, $64,788.75. Christopher is a Police Officer for the Town of Winthrop. The motion passed 4-0. Voted on a motion by Terence Delehanty, seconded by Dylan Cook, to approve the acceptance of Mia Martucci, effective April 20, 2026 at 9% + 2%, $58,502.80. Mia is a Police Officer for the Town of Winthrop. The motion passed 4-0. Voted on a motion by Dylan Cook, seconded by Terence Delehanty, to approve the acceptance of Geraldo Bendo, effective April 20, 2026 at 9% + 2%, $58,502.80. Geraldo is a Police Officer for the Town of Winthrop. The motion passed 4-0. Voted on a motion by Terence Delehanty, seconded by Dylan Cook, to approve the acceptance of Shawn Connolly, effective April 20, 2026 at 9% + 2%, $58,502.80. Shawn is a Police Officer for the Town of Winthrop. The motion passed 4-0. Voted on a motion by Terence Delehanty, seconded by Dylan Cook, to approve the acceptance of Matthew Correale, effective April 20, 2026 at 9% + 2%, $58,502.80. Matthew is a Police Officer for the Town of Winthrop. The motion passed 4-0. Voted on a motion by Dylan Cook, seconded by Terence Delehanty, to approve the acceptance of Christopher Finn, effective April 20, 2026 at 9% + 2%, $58,502.80. Christopher is a Police Officer for the Town of Winthrop. The motion passed 4-0. Voted on a motion by Dylan Cook, seconded by Terence Delehanty, to approve the transfer of Sara Kristina Casaletto’s total accumulated deductions effective May 29, 2026, to the Boston Retirement System. Dates of service: 8/26/2025-10/24/2025. Sarah was an ESP for the Winthrop Public School Dept., Winthrop’s 3(8)(c) liability is 1 month. The motion passed 4-0. Voted on a motion by Dylan Cook, seconded by Terence Delehanty, to approve the refund of Viviana Solorzano’s total accumulated deductions, effective May 29, 2026. Viviana was a Parent’s Liason, PIC for the Winthrop Public School Department. Dates of service: 09/25/2023-06/ 12/2025. The motion passed 4-0. Voted on a motion by Dylan Cook, seconded by Terence Delehanty, to approve the refund of Gavin Broderick’s total accumulated deductions, effective May 29, 2026. Gavin was a truck driver/laborer for the Town of Winthrop. Dates of service: 02/20/2024-03/22/2024. The motion passed 4-0. There was discussion that although the Board previously planned on addressing a particular matter in executive session during the April 2026/May 2026 board meeting, due to time constraints and to allow for proper notification to all parties concerned, the executive session will be scheduled for June 23,2026; the subject of the executive session will have the right to hold the discussions in open session. Retirement Coordinator issued a memo on April 9, 2026 to Police and Fire Union presidents regarding PERAC Memo 11, 2026-Disability Presumptions and Pre-Employment Physicals- HIPAA Authorization for Release of Limited Medical Information (pre-employment physicals) form; the union presidents were advised to respond by April 30, 2026 if interested in meeting with Board Counsel to address any questions and/or concerns about this form, prior to its distribution to all Group 4 members. The Retirement Coordinator confirmed that there was no response to the memo. The Board instructed the Retirement Coordinator to distribute the form to all group 4 members via town email addresses. Next meeting is scheduled for June 23, 2026 at 4:00 PM in the Harvey Hearing Room. Accidental Disability option A retiree, Michael DiGregorio, passed away on May 10, 2026 Voted on a motion by Dylan Cook, seconded by Terence Delehanty, to adjourn at 4:30 P.M. The motion passed 4-0. Oe ea On, O< Dylan‘Cook Karin Chavis Dennis Boudrow fk Ke (WW de I erence Delehanty Stephen Rogers Regular Session Documents: May 26, 2026 Agenda Draft Fifth Member position posting April 28, 2026 draft meeting minutes April 28, 2026 draft executive session meeting minutes April 2026 Eastern Bank statement and reconciliation May 2026 Retirement System Warrant (Payroll, Accounts Payable, Investment Transfers) Retirement Board April 2026 Eastern Bank balance report April 2026 Accounting Reports: Trial Balance, Cash Receipts, Cash Disbursements, General Ledger, and Adjustments 9. January 2026 — April 2026 PRIM Statements 10. March 27, 2026 letter from the Town of Plymouth Contributory Retirement Board 11. April 8, 2026 letter from the Weymouth Fire Fighters Local 1616 12. PERAC’s 2026 OPEB Summary Report 13. Recent Cases of Interest — Distribution from PERAC’s April 30, 2026 webinar 14. History of Call Fire and PIPO’s - 4(2)(b) and 4(2)(b 1/2) -Distribution from PERAC’s May 12, 2026 webinar 15. May 14, 2026 email from Attorney Michael Sacco re: Bill H.5386 An Act relative to MA winning global investment, talent and innovation (emailed to board members on 5/ 14/26) Diet Oe Os =