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Cambridge Retirement Board Meeting

Description

The meeting will be conducted entirely by Webex videoconference. The link to join is: https://cambridgeretirementboard.my.webex.com/meet/cburns

Cambridge Retirement Board Meeting Monday, 2/1/2021 1:00 - 4:00 PM ET


1. Minutes Vote to consider the regular minutes of the meeting held on January 4, 2021. Vote to consider the executive session minutes of the meeting held on January 4, 2021.

2. Warrants Vote to consider payment of warrant #2 in the amount of $7,777,402.40 and warrant #3 in the amount of $400,720.98.

3. Superannuations Vote to consider the Superannuation retirement applications submitted by: Betsy Abrams, Family Services Coordinator, Dept. of Human Services with ten years, nine months; Paul Bentubo, Patrol Officer, Police Dept. with thirty-one years, ten months; Brian Branley, Detective, Police Dept. with thirty-one years, eleven months; Joseph DeSimone, Sergeant, Police Dept. with thirty-three years, three months; Mark Donahue, Patrol Officer, Police Dept. with thirty-one years, eleven months; Linda Lopresti, Application Analyst I, Cambridge Health Alliance with twenty-two years, five months; Robert Morrissey, Captain, Fire Dept. with thirty-eight years, seven months; Sean Peterson, Sergeant, Police Dept. with thirty years; Shirley Sanford, Executive Assistant, Housing Authority with thirty years, two months; Mary Schaffner, A/P Clerk, School Dept. with twenty-four years, three months; Paul Sheehan, Assistant Chief, Fire Dept. with thirty-two years, ten months; Nancy Vargas, Administrative Assistant, Electrical Dept. with thirty years.

4. Redeposits / Make-up / Liability Vote to consider the make-up of deductions requested by: 1. Frederick J. Cabral, 10 months (pro-rated) 2. Elizabeth A. Davis, 4 months (pro-rated) 3. Robin A. Hayes, 8 months (pro-rated) 4. Robin A. Hayes, 3 years 1 month (pro-rated) 5. Francisca Rodrigues Pires, 6 months (pro-rated) 6. Malika Saquil, 3 years 7 months (pro-rated) 7. Kimiko M. Wittkopp, 1 year 4 months (pro-rated) 8. Adrianna M. Yancey, 6 months (pro-rated)

5. Refund Applications Vote to consider nine refund applications submitted in January.

6. Accidental Disability Benefit - Kevin Trant Vote to consider the reports of the medical panel in the Accidental Disability application filed by Kevin Trant, a Laborer in the Dept. of Public Works. Mr. Trant is represented by Attorney Thomas Gibson.

7. Survivor Benefit - Kerry Ravani
Vote to consider the request for survivor benefits pursurant to Sec. 12 (2) (d) for Kerry Ravanis, surviving spouse of James Ravanis, Custodian with the School Dept.

8. PERAC Memos Memo #39 re: Tobacco Company List Memo #1 re: Annual Review of Medical Testing Fee Memo #2 re: 2021 Limits under Chapter 46 of the Acts of 2002 Memo #3 re: 2021 Limits under Section 23 of Chapter 131 of the Acts of 2010 Memo #4 re: COLA Notice Memo #5 re: PROSPER SFI Online Submission Memo #6 re: 2021 Interest Rate set at 0.1% Memo #7 re: Buyback and Make-up Repayment Worksheets Memo #8 re: Required Minimum Distribution: Now Age 72 For This Year's Notifications

9. Old Business

10. New Business The Board may discuss items which were unanticipated at the time that the agenda was created. 11. Executive Session

12. Chairman's Report

13. Executive Director's Report

14. FYI Notice of Retiree Deaths Lazard Portfolio Review - December 2020 Segal Marco Manager Alert - Loomis Sayles

Page was posted on 1/27/2021 3:45 PM
Page was last modified on 7/24/2023 10:07 PM
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