May 31 Retirement Board Meeting

Fall River Contributory Retirement Board Meeting

DATE/TIME: Wednesday, May 31, 2017 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 4/26/17 meeting submitted for review/approval  - VOTE.
4.    Warrants to be signed. 
5.    Retirement/Benefit Applications – VOTE
     Superannuation:
     David Cadima – DCM – eff. 6/13/17
     James Cusick – Fire Dept. – eff. 7/8/17
     Steven Garant – Fire Dept. – eff. 7/8/17
     Idalina Geraldes – Collector’s – eff. 6/25/17
     Janice Golden – School Dept. – eff. 8/31/17
     Barry Goulet – Fire Dept. – eff. 5/26/17
     John McKnight – Fire Dept. – eff. 8/4/17
6.    Distributed to Board for acknowledgement, discussion, and/or vote:
     March 2017 & April 2017 accounting reports
     Calendar Year 2017 Budget report for 1st Quarter
     PRIT 1st Quarter 2017 Report
     March 2017 & April 2017 Plan Performance Summary
     Memorandum of Understanding – FR Fire Dept – new stipends
(Board determination/vote on whether or not stipends meet definition of regular compensation for retirement purposes)
            Office of the Attorney General – OML Complaint determination related to 1/25/17 mtg.
                      (Compliant filed by Patrick Higgins 1/26/17 & 3/21/17)
                   Office of the Attorney General – OML Complaint determination related to 2/2/17 response to
                    public records request (complaint filed by Patrick Higgins 2/8/17 & 2/21/17) 
7.    Executive Director’s Update:
     Personnel Issues:
    Hiring of Admin Assistant – beginning salary request to be $35,000 – VOTE.
     PROSPER – Update
     PTG – Scanning of documents capabililities/hosting – (disaster recovery) – VOTE.
     MACRS conference
8.    Nominations/vote for FRRB Chairman & Vice-Chairman
9.    Executive Session - the Board may convene in executive session pursuant to M.G.L c. 30A, § 21(a)(1) to review, discuss, vote or to conduct an evidentiary hearing regarding the applications pending before the Board as these matters involve discussion of the reputation, character, physical and/or mental health of an individual.   
Scott Carrier – ADR – desk review
Warren Francis – ADR – desk review
Daniel S. Racine – ADR – desk review