November 17, 2016 Retirement Board Meeting


Fall River Contributory Retirement Board Meeting
DATE/TIME: Thursday, November 17, 2016 at 8:30 A.M.
LOCATION: 30 Third Street, Suite 301, Fall River, MA 02720

1.    Call to Order
2.    Statement regarding recording of meetings
3.    Minutes of 10/26/16 meeting submitted for review/approval and signature.
4.    Warrants to be signed. 
5.    Distributed to Board for acknowledgement, action and/or discussion:
            September 2016 Accounting reports
         September 2016 PRIM Board Update
         PERAC – Appropriation for FY18 – ACTION NEEDED
         OML Complaint                                      
6.    Retirement Applications:
Clifford Freitas – FRHA – eff. 12/31/16
Survivor Benefits:
Linda Ried, widow of Peter Ried – Opt. D
7.    PERAC – Section 91A Issues:
       Kevin Fitzpatrick – excess earnings for 2013
       Kevin Fitzpatrick – Notice of termination for 2015 filing
       John Rodrigues – Notice of termination for 2015 filing   
8.    Executive Director Update/Report:
9.    Tabled Items:
Board to determine if drug testing stipend (FRPD contract) falls under the definition of regular compensation for retirement purposes. Tabled 5/26/16 – PERAC Opinion received 11/2/16
10.    Executive Session - the Board may convene an executive session pursuant to M.G.L c. 30A, § 21(a)(1) to review, discuss or to conduct an evidentiary hearing regarding the disability applications pending before the Board as these matters involve the physical and/or mental health of an individual.              
Disability Retirement applications:
           Donald Costa – FRHA