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Cambridge Retirement Board Meeting



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Pursuant to Chapter 2 of the Acts of 2023 adopted by Massachusetts General Court and approved by the Governor, the Cambridge Retirement System is authorized to use remote participation at meetings of the Board. This will be a hybrid meeting, held in-person at 125 CambridgePark Drive and also via videoconference. The link to join the videoconference is
Cambridge Retirement Board Meeting
Sheila Tobin Conference Room 125 CambridgePark Drive, Suite 104 Cambridge, MA 02141
Tuesday, 9/5/2023 11:00 AM - 2:00 PM ET
  1. Minutes
    Vote to consider the regular minutes of the meeting held on August 7, 2023. Vote to consider the executive session minutes of the meeting held on August 7, 2023.
  2. Warrants
    Vote to consider payment of warrant #16 in the amount of $9,469,321.38 and warrant #17 in the amount of $2,259,809.10.
  3. Superannuations
    Vote to consider the Superannuation retirement applications submitted by: John Sullivan, Parks Supervisor, Dept. of Public Works with twenty-one years.
  4. Redeposits / Make-up / Liability
    Vote to consider the make-up of deductions for: 1. Abraham Bonhomme, 1 year 1 month 2. Ryan Cheney, 4 months (pro-rated), request acceptance of liability Vote to consider the redeposit of refunds for: 1. Richard Salvucci, 4 years 9 months 2. Astroy L. Shepherd, 13 years 2 months
  5. Refund Applications
    Vote to consider nine refund applications submitted in August.
  6. Accidental Disability Benefit - Howard Smith
    Vote to consider the clarified reports of the medical panel in the Accidental Disability application filed by Howard Smith, a Firefighter. Mr. Smith is represented by Attorney Tim Smyth.
  7. Accidental Disability Application - William Daley
    Vote to consider the application for Accidental Disability benefits filed by William Daley, Licensed Electrician in the Dept. of Public Works (formerly Electrical Department). Mr. Daley is represented at Attorney David DiCenso.
  8. Auditors Report
    Vote to accept the reports of the KPMG auditors for the year ending December 31, 2022.
  9. Appointment of Fifth Board Member
    Vote to consider a process for selecting and interviewing candidates for the Fifth Board
    Member position.
  10. PERAC Memos
    PERAC Memo #18 re: Cost of Living Increase for Supplemental Dependent Allowance Paid to Accidental Disability Retirees and Accidental Death Survivors
  11. Old Business
  12. New Business
    The Board may discuss items which were unanticipated at the time that the agenda was created.
  13. Executive Session
  14. Chairman's Report
  15. Executive Director's Report
  16. FYI
    PERAC Investment Report - 2022 June Financials: General Ledger, Summary of Accounts, Trial Balance, Adjustments, Cash Disbursements, Cash Receipts, Wire Transfers.
Page was posted on 8/30/2023 4:38 PM
Page was last modified on 9/25/2023 12:43 PM
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