Newburyport Retirement Board Meeting

Event Date: 
Thursday, January 26, 2017 - 9:00am to 11:00am

Address

Newburyport Retirement Office
16 Unicorn Street
Newburyport, MA 01950
United States
See map: Google Maps

Agenda

Date:          Thursday, January 26, 2017

Time: 9:00 a.m.

Place:         Retirement Board Office, 16 Unicorn Street, Newburyport, MA

  1. Regular Business
  2. Call to Order 
  3. Public Comment
  4. Chairman’s Comment
  5. Approval of  regular December 28, 2016 meeting minutes
  6. Approval and signing of January 31, 2017 Administrative and Payroll Warrant
  7. PERAC approval letter for Daniel Raycroft retirement benefit
  8. PERAC approval letter for Thomas Smolski retirement benefit
  9. New member Applications:   

                      Name                                       Department                                 Date        

    1. Bald, Julia                                      Library                                     01/30/2017
    2. Clancey, Kristin                              School                                      08/30/2016
    3. Congdon, Suzanne                          Library                                     01/16/2017
    4. Pearson, John                                 DPS Highway                           01/03/2017
    5. Riese, Miles                                    DPS Highway                           01/17/2017

  10. Michael Sacco letter to Melanson, Heath & Company, PC City Auditors

  11. PERAC Actuarial Report as of January 1, 2016 of the Newburyport Retirement System
  12. PRIM November 2016 monthly board update and PRIT general allocation account $66,864,811.62 and cash statements $100,299.75 
  13. PERAC Memo #30/2016: 840 CMR 10:10(3) & 10:15(4)-Annual Review of Medical Testing Fee
  14. PERAC Memo #1/2017 re: Updated Public Records Law (Chapter 121 of the Acts of 2016)  
  15. PERAC Memo #2/2017 re: the Binding Effect of PERAC’s Memoranda on all Retirement Boards
  16. PERAC Memo #3/2017 re: 2017 Limits under Chapter 46 of the Acts of 2002  
  17. PERAC Memo #4/2017 re: 2017 Limits under Section 23 of Chapter 31 of the Acts of 2010 
  18. PERAC Memo #5/2017 re: COLA Notice 
  19. PERAC Memo #6/2017 re: Mandatory Retirement Board Member Training 1st Quarter 2017

2.   Executive Director’s report

3.   Executive Session for the purpose of continuing discussing the proposed contract for the Assistant to the Executive  Director and discussion of PERAC’s letter regarding pension forfeitures for certain convicted offenses

4.  Next Monthly Board Meeting – February 23, 2017