February 27, 2019 Retirement Board Meeting

MEETING NOTICE

Fall River Contributory Retirement Board Meeting

DATE/TIME: Wednesday, February 27, 2019 at 8:30 A.M.

LOCATION: 21 Father DeValles Blvd. Suite GR101, Fall River, MA 02723

MEETING AGENDA

1. Call to Order

1. Statement regarding recording of meetings

1. Minutes of 1/23/19 meeting submitted for review/approval  - VOTE.

1. COLA to be effective 7/1/19 - VOTE.

1. Warrants to be approved/signed. 

1. Distributed to Board for acknowledgement, discussion, and/or vote:

         PRIM – Performance Summary for December 2018

                          FRRS Accounting Reports – December 2018  

                           PERAC Memo #6/2019 RE: Actuarial Data 

                            PERAC Memo #7/2019 RE: Buyback & Makeup Repayment Worksheets

                          PERAC Memo #8/2019 RE: 2019 Interest Rate @ .1%

                          PERAC Memo #9/2019 RE: Accounting Changes

                          PERAC Memo #10/2019 RE: Administrative Reminders

                          PERAC Memo #11/2019 RE: W/Comp Data Match in PROSPER

1. Regular Compensation Determination:

                    FRPD – Field Training Supervisors/Coordinators – VOTE

1. Annual Statement of the Fin’l Condition of the Fall River Ret. Bd. for 2019 – Signatures Required

1. Retirement Benefit Applications: 

Superannuation:  

Paula Cullen – Library – Eff. 2/24/19

• Michael Dean – Police Dept. – Eff. 2/28/19

Derek Frank – School Dept. – Eff. 3/17/19

1. Educational Conferences:

• • NCPERS – 2018 Annual Conference – 5/13-5/16/18 - VOTE
  • Certification of Delegates at NCPERS Conference - VOTE

1. 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.

Review for possible release of 2018 Executive Session minutes.  

Official Posting– Fall River City Clerk