Description
Link to join videoconference: https://cambridgeretirementboard.my.webex.com/meet/cburns
Cambridge Retirement Board Meeting Monday, 4/5/2021 1:00 - 4:00 PM ET
1. Minutes Vote to consider the regular minutes of the meeting held on March 1, 2021. Vote to consider the executive session minutes of the meeting held on March 1, 2021. Vote to consider the minutes of the investment review meeting held on March 2, 2021.
2. Warrants Vote to consider payment of warrant #6 in the amount of $8,296,698.82 and warrant #7 in the amount of $3,113,003.71.
3. Superannuations Vote to consider the Superannuation retirement applications submitted by: Edward Baldasaro, Off Hours Supervisor, Dept. of Public Works with forty-one years, four months; Marshall Forstein, Program Director for Resident Training, Cambridge Health Alliance with thirty-four years, eleven months; Thomas Grande Jr., Assistant City Electrician, Electrical Dept. with thirty-two years, four months; Simon Lejeune, Director, Partial Hospitalization Program, Cambridge Health Alliance with fourteen years, three months; Sonia McDonald, Admin. Coordinator, Cambridge Health Alliance with fifteen years, nine months; Julie Medley, Commissioner of Laboratory Animals, Public Health Dept. with twenty-seven years, one month; Bernard Powell, Custodian, School Dept. with thirty-one years; Catherine Serrano, Operations Manager, School Dept. with twenty-one years, nine months; Anna Wall, Staff Nurse, Cambridge Health Alliance with twelve years, six months.
4. Redeposits / Make-up / Liability Vote to consider the make-up of deductions requested by: 1. Rawhl A. Adams, 1 year 2 months (pro-rated) 2. Christine M. Arruda, 5 years 2 months (pro-rated) 3. Richard D. Brown, 2 months (pro-rated) 4. Jenny P. Ipuz-Cantalupa, 11 months 5. Beverly King, 1 year 1 month (pro-rated) 6. Daniel J. McNeill, 9 months (pro-rated) 7. Daniel J. McNeill, 5 months (pro-rated) 8. Karen M. Penrose, 7 years (pro-rated) 9. Lawrence M. Silva, 10 months (pro-rated), requesting acceptance of liability 10. Pamela A. Winn, 2 months
Consider the request for redeposits from: 1. Jenny P. Ipuz-Cantalupa, 2 years 5 months 2. Pamela A. Winn, 10 months
5. Refund Applications Vote to consider seven refund applications submitted in March.
6. Accidental Disability Benefit - David Liu Vote to consider the reports of the medical panel in the Accidental Disability application filed by David Liu, a Firefighter. Mr. Liu is represented by Attorney Thomas Gibson.
7. Accidental Disability Application - Michael O'Brien Vote to consider the Accidental Disability application filed by Michael O'Brien, an Electrician in the Electrical Department. Mr. O'Brien is represented by Attorney Lauren Van Iderstine.
8. Accidental Disability Application - Mark Cunningham Vote to consider the Accidental Disability application filed by Mark Cunningham, Deputy Chief in the Fire Dept. Mr. Cunningham is not represented by an attorney.
9. Annual Statement Vote to consider the 2020 Annual Statement for the Cambridge Retirement System.
10. PERAC Memos Memo #11 re: Benefit Calculation Submissions Via PROSPER Memo #12 re: Tobacco Company List Memo #13 re: 2020 Annual Statement of Earned Income Filing (91A)
11. Old Business
12. New Business The Board may discuss items which were unanticipated at the time that the agenda was created.
13. Executive Session
14. Chairman's Report
15. Executive Director's Report
16. FYI Notice of Retiree Deaths Bernstein Litowitz Berger & Grossman - Memo of March 15, 2021 Campbell Timber - 2020 Annual Review Lazard Portfolio Review - February 2021 Segal Marco Manager Alert re: Wellington - Retirement of Jim Valone December Financials - General Ledger, Summary of Accounts, Trial Balance, Adjustments, Cash Disbursements, Cash Receipts, Wire Transfers Manager/Vendor Disclosures - Aberdeen Emerging Markets Equity Fund, Ascent Venture Partners III, Ascent Venture Partners IV, Ascent Venture Partners V, Brandwine Global Fixed Income Fund, Campbell Global Timber Fund, Hancock Timber and Farmland Fund, Hancock Timberland X Fund, Lexington Capital Partners VIII, People's Unites Bank, RBC International Fund, MSCI EAFE Pooled Fund, RhumbLine Russell 1000 Pooled Index Fund, Russell 1000 Value Pooled Index Fund.