Swampscott Retirement Board
Minutes
May 26, 2015
1st Floor, Conference Room
8:00 A.M.
Present: Francis Delano, Dave Castellarin, Jay Kiely, John Behen, Thomas Driscoll
Jeanne Darcy
1.Approve Minutes: April 28, 2015
Motion by Jay Kiely to approve the Minutes of April 28, 2015. 2nd by Thomas Driscoll.
Unanimous.
2. Superannuation Retirement: One
Kevin Muise, DPW, retire on 05/11/2015, Option C.
Motion by Jay Kiely to accept the Retirement Application of Kevin Muise. 2nd by Francis Delano.
Unanimous.
Disability Retirements: None
3. Acceptance of New Member Enrollments: None
4. Refunds & TransfersOne
TRANSFERS:
Amanda White, School Dept., transfer to Teachers Retirement
Motion by Francis Delano to accept the Transfer to Teacher Retirement for Amanda White. 2nd by Dave Castellarin.
Unanimous.
REFUNDS:None
5.Administrative Reports put on File:
- PERAC #11 New Post Retirement Limits for Disability Retirees
- Appeal Board denying Reconsideration on Vernava vs. Swampscott Retirement
-James Zavaglia v. Gloucester Retirement and Salem Retirement Board
-Memo from Attorney Sacco’s Office
6. DeathsNone
7. Expenses:
Accounts PayableWarrant 05/29/2015 $13,715.61
Motion by John to Accept Accounts Payable Warrant of 05/29/2015. 2nd by Francis Delano.
Unanimous.
Payroll Warrant05/29/2015 $425,651.10
Motion by Jay Kiely to accept the Payroll Warrant of 05/29/2015. 2nd by Francis Delano.
Unanimous.
Prior Business:
-Waiting to hear back from Attorney Sacco regarding R.Vernava
New Business:
-PTG now has Employee Self Service Module. I have attached what would be accessible for Retirees and for Members and the cost.
Postpone to next meeting.
-I have attached the first quarter report from FIA. As of 1st quarter we were up3.4%
-M.A.C.R.S Agenda attached 05/31/2015-06/3/2015
-Any other Business
Motion to Adjourn Meeting
______Chair, Elected
Francis E.Delano, Jr.,
______Elected Member
John F. Behen, Jr.
______Appointed Member
John T. Kiely Jr.
______Appointed Member
Thomas H. Driscoll, Jr., Esq.
______Ex-Officio
David Castellarin
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