Cambridge Retirement Board Meeting

Description

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 https://cambridgeretirementboard.my.webex.com/meet/cburns
Cambridge Retirement Board Meeting
Sheila Tobin Conference Room 125 CambridgePark Drive, Suite 104 Cambridge, MA 02140
Wednesday, 7/5/2023 11:00 AM - 3:30 PM ET

1. Minutes
   Vote to consider the minutes of the investment review meeting held on June 1, 2023. Vote to consider the regular minutes of the meeting held on June 12, 2023. Vote to consider the executive session minutes of the meeting held on June 12, 2023.
2. Warrants
   Vote to consider payment of warrant #12 in the amount of $9,122,771.74 and warrant #13 in the amount of $107,295.29.
3. Superannuations
   Vote to consider the Superannuation retirement applications submitted by: Miriam Figueroa, Lead Medical Assistant, Cambridge Health Alliance with thirty-eight years, two months; Robert Lowe, Superintendent, Police Dept. with twenty-two years; Pauline McGrath, Paraprofessional, School Dept. with thirty-one years, five months; Ingrid Nowak, Branch Manager, Library with seventeen years, six months; Paul Tully, Fiscal Project Manager, Dept. of Public Works with sixteen years, nine months; Henry B. Williams, Laborer, Dept. of Public Works with thirty-seven years, two months.
4. Redeposits / Make-up / Liability
   Vote to consider the make-up of deductions for: 1. Jalen T. Bernard, 6 months (pro-rated) 2. Sheila Colon, 3 months (pro-rated) 3. Fatima A. Dadou-Khalid, 2 years 4 months (pro-rated) 4. Carol E. Dalrymple-Sylla, 5 years 7 months (pro-rated) 5. Morgan K. Ireland, 7 months (pro-rated), requesting acceptance of liability 6. Robert W. Lembo, 2 years 7 months (pro-rated) 7. Luis A. Maldonado-Rezendes, 2 years 7 months (pro-rated) 8. Kevin E. G. Mascoll, 11 months (pro-rated) 9. Alan D. Mathews, 7 years 8 months (pro-rated) 10. Wendy McLaughlin, 1 year 4 months (pro-rated)
5. Refund Applications
   Vote to consider nine refund applications submitted in June.
6. Accidental Disability Application - Jacques Desrosiers
   Vote to consider the application for Accidental Disability benefits filed by Jacques Desrosiers, a Patrol Officer in the Police Dept. Mr. Desrosiers is represented by Attorney Morgan Gray.
7. Accidental Disability Benefit - Jay Martel
   Vote to consider the reports of the medical panel in the Accidental Disability application filed by Jay Martel, a Lieutenant in the Fire Dept. Mr. Martel is represented by Attorney Leigh Paniettiere.
8. GASB Statements
   Vote to consider draft GASB Statements #67 and 68.
9. PERAC Memos
   PERAC Memo #13 re: 2022 Salary Verification Request PERAC Memo #14 re: Tobacco Company List PERAC Memo #15 re: 91A Prosper Tasks PERAC Memo #16 re: Mandatory Retirement Board Member Training - 3rd Quarter 2023
10. Old Business
11. New Business
    The Board may discuss items which were unanticipated at the time that the agenda was created.
12. Executive Session
13. Chairman's Report
14. Executive Director's Report
15. FYI
    Notice of Retiree Deaths Segal Marco Analysis of Investment Performance, 31 May 2023 April Financials: General Ledger, Account Summary, Trial Balance, Adjustments, Cash Disbursements, Cash Receipts, Wire Transfers May Financials: General Ledger, Account Summary, Trial Balance, Adjustments, Cash Disbursements, Cash Receipts, Wire Transfers