Retirement Board

Minutes Retirement Board Meeting of October 29,2024 The monthly meeting ofthe Marlborough Retirement Board was held at 8:l5am on Tuesday, Octobet 29,2024, in the Lobby Conference Room at 289 Elrn Street, in MarlborouBh, Massachusetts. Board Members present: Gregory Brewster, Robert Gustafson, William Taylor, and Daniel Stanhope. Also present: Mark Bingle, Meredith Colacchio, Jodi Gorman, and Michael Ossing, The meeting was called to order at 8:l5am. Public Comments: No public comments were heard. Approve Warra[ts: The board reviewed warrants for Retiree Payroll: S1,555,34E.41, Vendor Warrant: S14,949.13, and the Staff Payroll: $ 19,816.64. William Taylor made a motion to approve these warrants. Gregory Brewster seconded the motion. Vote: Unanimous 4-0. Approv€ Minules: The Board reviewed the Minutes of September 2024, and the Executive Session minutes of September 2024. William Taylor made a motion to accept the Regular and Executive Session minutes of September 2024 and place on file. Robert Gustafson seconded the motion. Vote: UIlanimous 4-0. Financial Statements: The Board revieu'ed the September 2024 Citizens BanI Reconciliation, and the Monthly Budget. William Taylor made a motion to accept the September 2024 Citizens Bank Reconciliation, and the monthly budget, and place on file. Gregory Brewster seconded the motion. Vote: Unanimous 4-0. Approyal of New Members The Board received twelve applications for full-time membership: NAME: DEPT: TITLE: PRESENT SERVICE Marcia Adam School Para Educator 09/05/2024 Jonathan Esparza School Para Educator 09/30t2024 Ian Trottier DPW Equip. Operator t0/07 t2024 Madison Quinn Fire Firefighter t0/08/2024 Leslie Tavares School Para Educator t0/09/2024 Hannah Kempskie School Para Educator t0/t0/2024 Kayla Campbell Legal Paralegal t0/15t2024 Linda Fasciano Building Senior Clerk t0t2t /2024 Joselyn Perez School Behavior Tech t0/21/2024 Mark Bratica School Custodian t0/2t t2024 Nicholas MacAllister Fire Fire Fighter t0/2t /2024 Sean Anglin School Para Educator 10/23t2024 Daniel Stanhope made a motion to accept these New Member Applications and place on file. William Taylor seconded the motion. Vote: Unanimous 4-0. Approval of Retirement: The Board received two applications for Retirement: NAME: DEPT: TITLE: DATE OF RET SERVICE: OPT Janice Allen School ParaEducator 10/06/2024 20 Yrs., I Mo B Fatima West School OfficeSupport 10/1812024 23 Yrs.. I Mo u Daniel Stanhope made a motion to accept these Retirement Applications and place on file. William Taylor seconded the motion Vote: Unanimous 4-0. Request for Refunds and Rollovers: The Board received four applications for Rollover: NAME: DEPT: TITLE: SERVICE Brandon Milton Health & Licensing Assist. Sanitarian 2 Mos Leila Hanis School Para Educator 4 Mos Jessica Santos School Para Educator 3 Yrs., 8 Mos Laura Wagner City Council City Councilor 3 Years,ll Mos Robert Gustafson made a motion to accept these Refund and Rollover Applications and place on file. William Taylor seconded the motion. Vote: Unanimous 4-0. 951 Reouest for Transfers: The Board received eight requests for transfers: NAME: DEPT: TITLE XFER TO SERVICE: Joan Underdown School COTA State Ret. 5 Yrs., l0 Mos Haley Harrington School Behavior Tech Middlesex Ret. 4 Yrs., 9 Mos Elizabeth Smith School HR Generalist Norwood Ret. 2 Yrs., 4 Mos Nicole Cyr School Behavior Tech Mass Teachers' 6 Yrs., 7 Mos Alexander Skarin DPW Equip. Operator Winchester Ret. 6 Yrs., 9 Mos J Psrtial Transfers: Justin Amidon School Para Educator Concord Ret. 3 Yrs., l0 Mos Christopher Bradley Police Police Officer Worcester Ret. l7 Yrs., 4 Mos RichardsonMarseille School Behavior Tech State Ret. 4 Mos Gregory Brewster made a motion to accept these transfers as submitted and place on file. Robert Custafson seconded the motion Vote: Unanimous 4-0. Refund Warrant: $t 13,066.50 Final Settl€ment: M ary Audette, who served as a Librarian with the City of Marlborough., passed away on October 5, 2024. Ms. Audette retired on May 17,2006, under the Option A Benefit Judith Benesh, spouse ofRoger Benesh, passed away on Oclober 22,2024. Ms. Benesh was collecting the Accidental Death Option A Benefit. William Taylor made a motion to accept these deaths and place on file. Gregory Brewster seconded the motion. Vote: Unanimous 4-0 Discussion of Office Matters: The discussion ofthe Refund,/Rollover/Transfer process with the School Department is tabled for the next board meeting. The Marlborough Retirement Office notified the Board of their purchase of two desk scanners, which will help the office run more efficiently. The Retirement Office notified the Board ofthe upcoming MACRS Fall Conference and acknowledged that the ofiice will be closed from December 86 through December I I'h, and re-open on Thursday, December 126. PERAC Correspondence: PERAC Memo #25 l0lll2024 Mandatory Retirement Board Member Training Q4 2024 PERAC Memo #26 1014/2024 The Application of AntiSpiking Provision G.L c. 32, $ 5(2)(a) PERAC Memo #27 10124/2024 Changes to Retum to Service Under G.L. c. 32, $ 8 Gregory Brewsler made a motion to accept these PERAC Memo's and place on file. William Taylor seconded the motion Yote: Unanimous 4-0. MISC. Correspondence: No Miscellaneous Corre spondence for the month of October New Business/Old Busiress: The Board voted on the utilization ofABL Tech Mortali tv Verification Services. William Tavlor made a motion to utilize ABL Tech and reconvene six months before the three-year contract ends, to discuss new pricing, and decide if we will be extending the contract. Roben Gustafson seconded the motion. Vote: Unanimous 4-0 Next Board Meetins: T uesday, November 26,2024, at 8:lsatrrl !!jgg141 The meeting was adjourned at 8:40am P, er an Daniel Appointed Member tt V-<-- Diane Smith, Ex-Officio so 5d Member a William Tayl ected ember 952