November 22, 2013 Retirement Board Meeting
MEETING NOTICE
Fall River Contributory Retirement Board Meeting
DATE/TIME: Friday, November 22, 2013 at 9:00 A.M.
LOCATION: 30 Third Street, Suite 301, Fall River, MA 02720
MEETING AGENDA
Call to Order
Nominations for Chairman
Minutes: Review and approve the minutes of previous meeting. – Action Required
Record actions taken in previous meeting ES. – Action Required
Disability Retirement applications: Action Required
*David Morro – Evidentiary hearing
*Allen Saucier – RMP reports to be reviewed
*Robert Fortin – Initial Desk Review
*Jennifer Perry – Initial Desk Review
*Litigation updates
*The Board may convene in executive session pursuant to M.G.L. c. 30A, s.21(a)(1) to discuss details of disability retirement applications if necessary and litigation matters.
Executive Director to report on following matters:
Election results
IRS Determination packet
MACRS Fiduciary Insurance Renewal
Staffing issues
PRIM – Investment Review Presentation
PRIM Board Update for September 2013 distributed to Board
Retirement Applications: - Action Required
Superannuation:
Robert Desmarais – Water Dept. eff. 12/31/13
Edward Dion – Police Dept. eff. 1/10/14
Robert Flynn – Police Dept. eff. 1/6/14
Laurence Lopes – School Dept. eff. 1/10/14
John Silva, Jr. – Police Dept. eff. 1/15/14
John Wholey – Fire Dept. eff. 1/3/14
Warrants submitted for review/to be signed.
Distributed to Board:
PERAC - Revised funding schedule options
Accounting reports for September 2013
Tabled Items:
PERAC – results of 1/1/13 actuarial valuation (7/25/13)
New Business