January 28, 2016 Retirement Board Meeting

 Fall River Contributory Retirement Board Meeting

DATE/TIME: Thursday, January 28, 2016 at 9:00 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 12/17/15 meeting submitted for review and approval.

4.     Warrants/minutes to be signed. 

5.     Executive Director’s report.

6.     Distributed to Board:

            PRIM Board Update for November 2015

           November 2015 Accounting Packet

           PERAC Memo #2 RE: 2016 Limits CH46-Acts of 2002

           PERAC Memo #3 RE; 2016 Limits under §23 of CH131-Acts of 2010

           PERAC Memo #4 RE: Annual COLA Notice

           PERAC Memo #5 RE: 1^st Quarter Board Training

           PERAC – Actuarial Valuation Report as of 1/1/15

7.     Retirement Applications:  

Superannuation:

Raymond Brilhante – Fire Dept. – eff. 1/29/16

Linette Dispirito – Police Dept. – eff. 1/13/16

Darlene Duarte – School Dept. – eff. 1/8/16

Thomas Eaton – Cemetery Dept. – eff. 1/19/16

Steven Freitas – FR Housing Authority – eff. 12/31/15

William Joaquim – Fire Dept. – eff. 2/29/16

David A. Medeiros – Police Dept. – eff. 1/6/16

Cynthia Paradis – School Dept. – eff. 2/20/16

Judy Shadburn – Police Dept. – eff. 2/19/16

Disability Retirement applications:

            Catherine Marcoux – ODR

             Nicholas Suneson – Inv. ADR

             John D. Costa – ADR

             John Cabral – ADR – PERAC remand

The Board may convene in executive session pursuant to M.G.L. c. 30A, s.21(a)(1) to discuss/review disability retirement applications, conduct evidentiary hearings, confer with legal counsel on litigation matters and/or conduct negotiations with nonunion personnel.