February 2017 Retirement Board Meeting

MEETING NOTICE
Fall River Contributory Retirement Board Meeting
DATE/TIME: Tuesday, February 28, 2017 at 8:30 A.M.
LOCATION: 30 Third Street, Suite 301, Fall River, MA 02720
MEETING AGENDA
1.    Call to Order
2.    Statement regarding recording of meetings
3.    Minutes of 1/25/17 meeting submitted for review/approval  - VOTE.
4.    Warrants to be signed. 
5.    Distributed to Board for acknowledgement, discussion, and/or vote:  
         December 2016 PRIM Board Update
     December 2016 Accounting reports/Final Trial Balance
         Annual Statement of the Financial Condition of the FRRB for Year Ended 12/31/16 - VOTE
         PERAC Memo #7/2017 – Actuarial Data
         PERAC Memo #8/2017  Continued Membership of “Non-Full-Time Employees”
         PERAC Memo #9/2017 – 2017 Buyback/Makeup Worksheets
         PERAC Memo #10/2017 – Donestic Relations Orders
         PERAC Memo #11/2017 – 2017 Annuity Savings Account
         PERAC Memo #12/2017 – 2017 Interest Rate set at .1%
         PERAC Memo #13/2017 – Administrators Encouraged to Attend PERAC Training
         Mary Sahady – Re: EMS-Group 2 to 4 cost request. - VOTE                                       
6.    Retirement Applications:
Superannuation:  - VOTE
John Nunes – Treasurers – eff. 2/22/17
David A. Rogers – Fire Dept. – eff. 2/2/17
7.    COLA to be effective 7/1/17 – VOTE
8.    Educational Conferences:
        Dukes County Retirement System-Admins/Directors Conference -5/15-5/16/17 - VOTE
        NCPERS – 2017 Annual Conference – 5/20-5/24/17 - VOTE
        Certification of Delegates at NCPERS Conference - VOTE
9.    Executive Director’s Update:
        Personnel Issues – Authorization to advertise for entry level Admin. Asst. - VOTE
10.    Executive Session: the Board may convene in executive session pursuant to M.G.L c. 30A, § 21(a)(1) and Section 22(g)(1) to review, discuss, and/or take actions  regarding matters pending before the Board..   
James Donovan – Review/discuss RMP report for vote on accidental disability retirement.
        Review and possible release of 2016 Executive Session minutes. 
11.    Release of Executive Session non-exempt minutes, or any portion thereof  - VOTE.
12.    Open Meeting Law Complaints – Board discussion and any action/vote related thereto:
        OML Complaint from Patrick Higgins regarding vote taken at 1/25/17 FRRB meeting.
        OML Compliant from Patrick Higgins regarding 2/2/17 Public Records request response.