Cambridge Retirement Board Meeting

Location

Sheila Tobin Conference Room 100 CambridgePark Drive, Suite 101 Cambridge, MA 02140

Get directions

Description

1. IFM Investors (2:00 pm)
Candidates for the infrastructure mandate will make presentations to the Board.

2. JP Morgan Asset Management (2:30 pm)
Candidates for the infrastructure mandate will make presentations to the Board.

3. Ullico Investment Advisors (3:00 pm)
Candidates for the infrastructure mandate will make presentations to the Board.

4. Segal Marco Advisors Discussion (3:30 pm)
Discussion of proposals with the investment consultant. 

5. Minutes
Vote to consider the minutes of the investment review meeting held on May 29, 2019.
Vote to consider the regular minutes of the meeting held on June 10, 2019.
Vote to consider the executive session minutes of the meeting held on June 10, 2019.

6. Warrants
Vote to consider payment of warrant #12 in the amount of $7,094,915.27 and Warrant #13 in the amount of $101,045.05.

7. Superannuations
Vote to consider the Superannuation retirement applications submitted by:
Pasquale Carvello, Senior Safety Specialist, School Dept. with thirty-seven years, three months;
Bruce Cawley, Staff RN, Cambridge Health Alliance with thirty-two years, two months;
Dale Cusack, Parking Control Officer, Dept. of Traffic & Parking with twenty-eight years, two months;
Kathleen Esquivel, Senior Clerk/Typist, School Dept. with thirty-nine years, 4 months; Valerie Finkelstein, Network Supervisor, Cambridge Health Alliance with nineteen years, nine months;
Marie Louijeune, Certified Nursing Assistant, Cambridge Health Alliance with thirty-seven years, six months;
James O'Connor, Mechanic/Laborer, Dept. of Public Works with twenty-four years, one month.

8. Redeposits / Make-up / Liability
Vote to consider the make-up of contributions requested by:

  1. Alan H. Derkazarian, 5 months (pro-rated)
  2. Robert W. Garner, 3 years (pro-rated), requesting acceptance of liability
Refund Applications
Vote to consider seven refund applications submitted in June.

10. Involuntary Accidental Disability Application - John McEachern
Vote to consider the involuntary Accidental Disability application filed by the Fire Dept. on behalf of John McEachern, a Firefighter. Mr. McEachern is not represented by an attorney.

11. Accidental Death Benefit - Michael Gibson
Vote to consider the request for Accidental Death benefits for the surviving spouse of Michael Gibson, a retired Police Officer. Mr. Gibson died on March 5, 2019. Mrs. Gibson is not represented by an attorney.

12. PERAC Memos
PERAC Memo #17 re: Tobacco Company List
PERAC Memo #18 re: Audits

13. Old Business

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

15. Executive Session 

16. Chairman's Report

17. Executive Director's Report

18. FYI
Notice of Retiree Deaths
PERAC Investment Report 2018
Lazard Portfolio Review - April 2019

Page was posted on 6/27/2019 9:33 AM
Page was last modified on 6/27/2019 9:35 AM
Provide Feedback

Got feedback?

Please provide your feedback below: