Description
1. Cambridge Bancorp Presentation
Cambridge Bancorp representatives Denis Sheahan and Michael Carotenuto will present their report to the Board.
2.
Minutes
Vote to consider the regular minutes of the meeting held on November 1, 2018. Vote to consider the executive session minutes of the meeting held on November 1, 2018.
3.Warrants
Vote to consider payment of warrant #22 in the amount of $7,187,572.48 and Warrant #23 in the amount of $809,364.79.
4.Superannuations
Vote to consider the Superannuation retirement applications submitted by: Ana Martins, Paraprofessional, School Dept. with thirty-one years, three months; Jose Mauras, Plasterer, Housing Authority with forty-three years, seven months; Kathleen Mitchell, Personnel Administrator, Dept. of Human Services with twenty-seven years, six months; Nickolas Pentikis, Staff Librarian with twenty-two years, six months; John Taylor, Case Manager, Dept. of Human Services with twenty-nine years, five months.
5.Redeposits / Make-up / Liability
Vote to consider the make-up of contributions requested by: 1. Neha Bagga, 1 year 2 months (pro-rated) 2. Michael S. Deambrose, 7 months (pro-rated), requesting acceptance of liability 3. Salvatore E. Framondi, 5 years 1 month (pro-rated) 4. Richard N. Furr, 2 months 5. Richard N. Furr, 2 months 6. Mary Ann Gillan, 8 months (pro-rated) 7. Elizabeth M. Randall, 6 months (pro-rated) 8. Nirup Sundaresan, 1 month, requesting acceptance of liability 9. Laila C. Virgo-Carter, 6 months (pro-rated) and vote to consider the redeposit of refunds requested by: 1. Dominique K. Jean, 3 years (pro-rated) 2. Alison M. Mesquitta, 4 years 3 months
6.Malvina Monteiro
Vote to consider the make-up of contributions requested by Malvina Monteiro for fifteen years one month of creditable service and to accept the proposed Superannuation calculation, pending approval by PERAC.
7.Refund Applications
Vote to consider nine refund applications submitted in November.
Accidental Disability Application - Michael Coffman
Vote to consider the Accidental Disability application filed by Michael Coffman, a Firefighter. Mr. Coffman is not represented by an attorney.
9.Accidental Disability Application - James Desrosiers
Vote to consider the application filed by James Desrosiers, a Lieutenant in the Fire Dept. Mr. Desrosiers is not represented by an attorney.
10.Accidental Disability Benefit - Francis Rubino
Vote to consider the reports of the medical panel in the Accidental Disability application filed by Francis Rubino, Parking Meter Foreman in the Dept. of Traffic & Parking. Mr. Rubino is represented by Attorney Thomas Gibson.
11.Accidental Disability Application - John Hicks
Vote to consider the Accidental Disability Application filed by John Hicks, a Custodian with the Library. Mr. Hicks is represented by Attorney Kaylene Crum.
12.2019 Administrative Budget
Vote to consider the proposed 2019 budget for the Cambridge Retirement System.
13.2019 Meeting Schedule
Vote to consider the proposed schedule for monthly meetings in 2019.
14.PERAC Memos
Memo #32 re: Procurement
15.Old Business
16.New Business
The Board may discuss items which were unanticipated at the time that the agenda was created.
17.Executive Session
18.Chairman's Report
19.Executive Director's Report
20.FYI
Notice of Retiree Deaths Agenda for Investment Manager Reviews on December 10, 2018 PERAC Newsflash - PERAC Appoints Executive Director Correspondence from Attorney Quirk re: O'Leary vs. Lexington Retirement Board and PERAC, CR 15-30 and PERAC Memo #26/2018 Correspondence from Attorney Quirk re: Winthrop Retirement Board vs. Justices of Boston Municipal Court Department of the Trial Court Correspondence from Attorney Quirk re: Thomas Kelley vs. Cambridge Retirement Board Correspondence from Attorney Quirk re: Kenneth Aubert vs. Massachusetts Teachers' Retirement System Correspondence from Attorney Quirk re: Andrew Bisignani vs. Saugus Retirement Board Intercontinental Real Estate - California Asset Update Lazard Portfolio Review - October 2018