Retirement Board

Malden Retirement Board Meeting-Revised Meeting Date: July 22, 2026, at 8:30 am Meeting Place: Floor 1 conference room #108 Call to Order Introduction of new Board member, Craig Spadafora Quarterly Presentation – Cambridge Trust General Meeting Accept Prior Board Meeting Minutes. Expense and Payroll Warrants, Cash Books, & Cash Reconciliations New Members Kyle Couto – City, Police Officer; Hire date 06/22/2026 Randy Waters – MHA, Modernization and Procurement; Hire date 06/22/2026 Pixie Rose – City, Librarian; Hire date 06/29/2026 Emery Haskell – City, Veterans Services; Hire date 07/06/2026 Tanner Masucci - City, Police Officer; Hire date 07/20/2026 Garrett Pascoe – City, Police Officer; Hire date 07/20/2026 Scott DeMeo, Jr. – MPS, Custodian; Hire date 07/20/2026 Deceased No recent Deaths Retirement Applications Michael Bondanza – City, Fire, Date of Retirement: 06/30/2026 Option C Teri Ippolito – City, Police, Date of Retirement: 06/30/2026 Option C Judy Richardson – City, McFadden, Date of Retirement: 07/30/2026 Option C Richard Cutone – MPS, Custodian, Date of Retirement: 07/24/2026 Option C James Connolly – City, Fire, Date of Retirement: 06/30/2026 Option C Deborah Teneriello – Deborah Teneriello, Date of Retirement: 07/24/2026 Option B George Mackey – City, Police, Date of Retirement: 06/30/2026 Option C George Romvos – City, Fire, Date of Retirement: 06/30/2026 Option C Martha Guerrieo – MPS, Cook, Date of Retirement: 06/30/2026 Option C Kevin Alkins – City, Police (Animal Control), Date of Retirement: 06/30/2026 Option C Stephen MacVicar – City, Fire, Date of Retirement: 06/30/2026 Option A Martha Ferratusco – City, Veteran’s Services, Date of Retirement: 06/30/2026 Option B Michelle Connolly – City, Cemetery, Date of Retirement: 06/30/2026 Option A Deborah Camarata – City, HHS, Date of Retirement: 06/30/2026 Option A Withdrawals/Transfers Quianna Long – MPS, ESP, Refund, Years of Service: 8 months Dylan Holmes – City, Library, Rollover Vanguard, Years of Service: 3 months Jamie Whelan – City, IT, Refund, Years of Service: 16 years, 4 months Buybacks, Makeups and Military Purchases Stephen Shepard – MHA Part-time service 4 years, 3 months: $12,620.14 as of 07/31/2026 Correspondence Recent PERAC Memos Director’s Report Review of Patricia Tramondozzi service - Transfer to MTRS Review of Upcoming Election for Retirement Board Review of Investment Policies Scott Lucey review of NCPERS Update with transition to GIC for Retirees Quarterly review of Staff Timesheets Quarterly review of Budget Discussion of COLA and Contracts for staff Discussion of Topics Not Reasonably Anticipated 48 Hours in Advance of Meeting Future Meeting dates: August 19, 2026, 8:30 am; September 16, 2026, 8:30 am