Description
The meeting will be conducted entirely by Webex videoconference. Link to join is: https://cambridgeretirementboard.my.webex.com/meet/cburns
- .Minutes Vote to consider the regular minutes of the meeting held on February 1, 2021. Vote to consider the executive session minutes of the meeting held on February 1, 2021.
- Warrants Vote to consider payment of warrant #4 in the amount of $8,231,750.76 and warrant #5 in the amount of $258,743.21
- Superannuations Vote to consider the Superannuation retirement applications submitted by: David Armstrong, Senior Database Administrator, School Dept. with twenty-five years, eight months; Dora Catatao, Secretary, Cambridge Health Alliance with eighteen years; Rose Desjardins, Medical Records Clerk, Cambridge Health Alliance with twenty-one years, three months; John Drewicz Jr., Patrol Officer, Police Dept. with thirty-two years; Richard Farina, Mailroom Clerk, School Dept. with ten years, four months; Kathryn Kramer, Enforcement Manager, Traffic & Parking Dept. with twenty-seven years, three months; Darnie Lamery, Lab Assistant, Cambridge Health Alliance with seventeen years, ten months; Adeyemi Onikeku, Senior Property Manager, Housing Authority with twenty-two years, eight months; Jeya Niranjan, Supervising Engineer, Dept. of Public Works with twenty-one years, nine months
- Redeposits / Make-up / Liability Vote to consider the make-up of deductions requested by: 1. Alice M. Bikofsky, 1 year (pro-rated) 2. Luis F. Branco Jr., 8 months (pro-rated) 3. Luis F. Branco Jr., 2 months (pro-rated) 4. Loren F. Chen, 2 years 4 months (pro-rated) 5. Brendan Z. Creane, 1 year 9 months (pro-rated) 6. Franklin W. Crump, 3 years 5 months (pro-rated) 7. Geoffrey A. Fox, 6 months (pro-rated) 8. Jordan George-Bellitti, 1 year 3 months (pro-rated) 9. Robert L. Hoffman, 1 year 1 month (pro-rated) 10. Hosneara Khatun, 4 years 5 months (pro-rated) 11. Brett J. McFarland, 1 year 7 months (pro-rated) 12. Janie Munro, 1 year 3 months (pro-rated) 13. Matthew Prokos, 2 years (pro-rated)
- Refund Applications Vote to consider six refund applications submitted in February.
- Ordinary Disability Benefit - Robert Elliott Vote to consider a grant of Ordinary Disability benefits pending the resolution of the member's Accidental Disability application. Mr. Elliott is represented by Attorney Michael Eagan.
- PERAC Memos Memo #9 re: Actuarial Data Memo #10 re: Forfeiture of Retirement Allowance for Dereliction of Duty by Members
- Old Business
- New Business The Board may discuss items which were unanticipated at the time that the agenda was created.
- Executive Session
- Chairman's Report
- Executive Director's Report
- FYI Notice of Retiree Deaths PERAC Pension Newsflash - January 28, 2021 Lazard Portfolio Review - January 2021 Bernstein Litowitz Gerger & Grossman PortfolioWatch 4Q 2020 Manager/Vendor Disclosures - Fidelity Broad Market Duration Commingled Pool, Fidelity Emerging Market Debt, IFM Global Infrastructure Fund, Intercontinental US Real Estate Fund, Income Research & Management, Labaton Sucharow LLP, Loomis Sayles US High Yield Fund, PineBridge US Senior Secured Loan Strategy, RBC International Fund, Thornton Law Firm LLP