Cambridge Retirement Board Meeting

Description

1. Minutes
Vote to consider the regular minutes of the meeting held on February 3, 2020.

2. Warrants
Vote to consider payment of warrant #4 in the amount of $7,711,276.71 and warrant #5 in the amount of $628,811.01.

3. Superannuations
Vote to consider the Superannuation retirement applications submitted by: Marie Ambroise, Housekeeper, Cambridge Health Alliance with seventeen years, four months; Warren Ellcock, Safety Specialist, School Dept. with thirty-two years, eleven months; Nicole Jean-Louis, Registered Nurse, Cambridge Health Alliance with thirty-three years, four months; Mary Saginario, Nurse Manager, Cambridge Health Alliance with twenty years, two months; Linda Turner, Project Manager, Information Technology Dept. with fifty-one years, nine months; Bernadette Valentin, Principal Clerk, City Clerk's Office with thirty-two years, one month.

4. Redeposits / Make-up / Liability
Vote to consider the make-up of prior service requested by: 1. Todd E. Clark, 4 months (pro-rated) 2. Kai L. Diramio, 8 months (pro-rated) 3. Deborah A. Dupont, 1 year 6 months (pro-rated) 4. Angelo Leone Jr., 2 years (pro-rated) 5. Angelo Leone Jr., 6 months (pro-rated) 6. Brenda L. Moschella, 8 months (pro-rated) 7. Faralene Rivera, 3 months (pro-rated) 8. Jason M. Yearwood, 2 years 1 month (pro-rated) 9. Dylan G. Zierk, 5 months (pro-rated) Vote to consider the redeposit of refunds requested by: 1. Tracie A. Brothers, 2 years 5 months 2. Oderra J. Jones, 2 months

5. Refund Applications
Vote to consider eight refund applications submitted in February.

6. Survivor Benefit - Cindy Chu Angier
Vote to consider the request for 12 (2) (d) survivor benefits filed by Cindy Chu Angier, surviving spouse of Stephen Angier, Motor Equipment Operator with the Dept. of Public Works. Mr. Angier died on January 25, 2020.

7. Survivor Benefit - David Hamilton
Vote to consider the request for 12 (2) (d) survivor benefits filed by David Hamilton, surviving child of Scott Hamilton, Project Manager with the Information Technology Dept. Mr. Hamilton died on November 27, 2019.

8. Accidental Disability Benefit - Edward Corey
Vote to consider the clarified reports of the medical panel in the Accidental Disability application filed by Edward Corey, Laborer in the Dept. of Public Works. Mr. Corey is represented by Attorney Thomas Gibson.

9. Involuntary Accidental Disability Benefit - John McEachern
Vote to consider the reports of the medical panel in the Involuntary Accidental Disability application filed by the Cambridge Fire Dept. on behalf of John McEachern, a Firefighter. Mr. McEachern is represented by Attorney Thomas Gibson.

10. Accidental Disability Application - Richard Thorne
Vote to consider the Accidental Disability application filed by Richard Thorne, a Firefighter. Mr. Thorne is represented by Attorney Thomas Gibson.

11. Accidental Disability Application - Robert Bonvie
Vote to consider the Accidental Disability application filed by Robert Bonvie, Reservoir Caretaker in the Water Dept. Mr. Bonvie is represented by Attorney Thomas Gibson.

12. Accidental Disability Application - Patrick Frazier
Vote to consider the Accidental Disability application filed by Patrick Frazier, Lead Mechanic with the Cambridge Housing Authority. Mr. Frazier is represented by Attorney Thomas Gibson.

13. RFP - Portfolio Monitoring
Review and discuss the proposals submitted by the candidates to provide Portfolio Monitoring services to the Board, and vote to consider any further action.

14. PERAC Memos
Memo #11 re: Payment Required for Service Credited under G.L. c. 32, Sec 4(2)(b) Memo #12 re: IRS Determination Letters

15. Old Business
16. New Business
The Board may discuss items which were unanticipated at the time that the agenda was created.

17. Executive Session
18. Chairman's Report
19. Executive Director's Report
20. FYI
Notice of Retiree Deaths Agenda for Investment Review Meeting on March 11, 2020 PERAC Audit - Follow-Up Review PERAC Pension News - February 2020 Correspondence from Attorney James Quirk re: PERAC Memo #11/2020 Correspondence from Attorney Quirk re: Barranco vs. Mass. Teachers' Retirement System BLB&G Portfolio Watch - 4Q 2019 October Financials: General Ledger, Summary of Accounts, Trial Balance, Adjustments, Cash Disbursements, Cash Receipts, Wire Transfers November Financials: General Ledger, Summary of Accounts, Trial Balance, Adjustments, Cash Disbursements, Cash Receipts, Wire Transfers December Financials: General Ledger, Summary of Accounts, Trial Balance, Adjustments, Cash Disbursements, Cash Receipts, Wire Transfers