Personnel & Pension Board

Personnel & Pension Board Agenda Page 1 of 2 September 18, 2012 Combined Regular/Investment Meeting Room 335, 3rd floor, 6:00 P.M., City Hall Building Norwich, Connecticut, 06360 I. Roll Call II. Minutes A. Minutes of the 8/28/2012 Special Personnel & Pension Board Meeting III. Old Business A. None IV. New Business A. Discussion of the 7/1/2011 Actuarial Valuation Report for the City of Norwich Retirement System and the 7/1/2011 OPEB Valuation with Tim Ryor of Hooker & Holcombe, Inc. B. 2012 second quarter review of the OPEB Fund and the Retirement Fund with Marc Shegoski and Ashley Martella of UBS. C. Discussion and action on the processing of pension payments in-house. D. Email from Sherry Filiatreault regarding the denial of her request to purchase time prior to 7/1/2007. E. Request from Thomas Trasko to discuss the denial of a refund for his purchased military time. F. Notification of death(s): i. Claire Ruth Sprejregen (DOD 8/23/2012), who retired from the Board of Education on 11/1/1986, no survivorship benefit due. G. Application(s) for retirement: i. Henry Podraza, Application Support Specialist at NPU, for a normal retirement eff. 9/29/2012. ii. Cathleen Special, survivor of David Special who passed away on 9/4/2012, for a deferred retirement eff. 9/5/2012, payable immediately. Ms. Special’s pension is calculated for an annual amount of $27,382.86 which is at the surviving spouse rate of 90%. H. Pension calculation(s): i. Susan Thiffeault, who retired 9/1/2012. Ms. Thiffeault’s pension is calculated for an annual amount of $31,055.77. Her application for a normal retirement was approved at the 8/28/2012 meeting. ii. Jason Gurtz, who retired 8/18/2012, payable on 3/23/2035. Mr. Gurtz’s pension is calculated for an annual amount of $11,534.95. His application for a deferred retirement was approved at the 8/28/2012 meeting. I. Letter of resignation from the Personnel and Pension Board from Richard Benoit J. Approval of 2013 meeting schedule K. New employee(s): DATE OF NAME POSITION HIRE CITY/STATE Revenue Amethyst Dube Collection Clerk 5/21/2012 Norwich, CT Apprentice William Maxeiner Lineworker (NPU) 7/9/2012 Griswold, CT Outreach Carolyn McAuliffe Administrator 7/16/2012 Sterling, CT James Justice Firefighter 8/27/2012 Uncasville, CT Timothy Wollman Firefighter 8/27/2012 Harwinton, CT Brendan Johnson Firefighter 8/27/2012 Madison, CT Todd Mazur Janitor 8/28/2012 Norwich, CT Brian Harrison Janitor 8/28/2012 Norwich, CT Joshua Kinney Laborer 9/6/2012 Norwich, CT Gary Metz Jr Janitor 9/7/2012 Taftville, CT Richard Cannata Police Officer 9/10/2012 Niantic, CT Personnel & Pension Board Agenda Page 2 of 2 September 18, 2012 Combined Regular/Investment Meeting Room 335, 3rd floor, 6:00 P.M., City Hall Building Norwich, Connecticut, 06360 L. Employee(s) to be admitted into the City of Norwich Employees’ Retirement Fund: ACAD PROB EVAL./REQUEST DATE OF GRAD PERIOD FORM NAME POSITION HIRE DATE UP ON: RECEIVED ON: Mark Dean Police Officer 9/16/2011 N/A 9/15/2012 9/14/2012 V. Election of Chair and Vice-Chair VI. Correspondence A. None. VII. Adjournment