Personnel & Pension Board

Personnel & Pension Board Agenda Page 1 of 2 April 16, 2019 Regular/Investment Meeting Room 213, 2nd floor, 6:00 PM, City Hall Building Norwich, Connecticut 06360 I. Roll Call II. Minutes A. Minutes of the March 27, 2019 Personnel & Pension Board Meeting. III. Old Business A. Status of the RFP for Investment Services with Hooker & Holcombe. Review of Hooker & Holcombe invoice HIA002156 dated April 2, 2019 in the amount of $18,000 for completed services. IV. New Business A. Presentation by Becky Sielman from Milliman regarding actuary transition and recommended modifications to certain assumptions and methodologies for upcoming valuations. B. 2019 first quarter investment review with UBS. C. Applications for Retirement: 1. George Gadue, Heavy Equipment Operator, for a deferred retirement effective March 27, 2019, payable September 4, 2024. 2. John Bilda, General Manager-NPU, for a retirement effective April 10, 2019. D. Pension Calculations: 1. Donna DeGroff, retired March 8, 2019. Her annual pension is calculated for $7,531.99. Her application was approved at the January 2019 meeting. 2. Angelo Yeitz Jr, retired March 13, 2019. His annual pension is calculated for $71,363.58. His application was approved at the March 2019 meeting. 3. George Gadue, retired March 27, 2019. His annual pension is calculated for $32,483.71 payable September 4, 2024. His application is on the agenda at this meeting. E. Application for refund/rollover of pension contributions: 1. Julie Torres, Paraeducator-BOE, who withdrew effective March 30, 2019. Refund of $1,649.55 including interest. F. Notifications of Death: 1. Nancy Bram-Mereen, DOD March 22, 2019, who retired from Planning on February 8, 2011. Survivor benefit immediately payable to her spouse, John Paul Mereen in the amount of $25,020.29. 2. Ronald LePage, DOD March 23, 2019, who retired from the Fire Department on July 18, 1985. No further benefit due. Personnel & Pension Board Agenda Page 2 of 2 April 16, 2019 Regular/Investment Meeting Room 213, 2nd floor, 6:00 PM, City Hall Building Norwich, Connecticut 06360 G. Employees to be admitted into the City of Norwich Employees’ Retirement Fund: ACADAMY REQUEST DATE OF GRADUATION LAST DAY ON /EVAL NAME POSITION HIRE DATE PROBATION RECEIVED Edward Gookin Police Officer 10/4/2017 3/28/2018 3/27/2019 3/11/2019 Ashley Predmore CAR I-NPU 8/20/2018 n/a 3/21/2019 3/25/2019 Apprentice Nathan Dimock 10/1/2018 n/a 3/31/2019 3/19/2019 Lineworker-NPU Apprentice Kramer Sullivan 10/1/2018 n/a 3/31/2019 3/19/2019 Lineworker-NPU Tara Morell Paraeducator-BOE 10/3/2018 n/a 3/25/2019 4/3/2019 Ryan Danis Custodian-BOE 10/9/2018 n/a 4/9/2019 4/10/2019 Revenue Collections Alba DeJesus 10/15/2018 n/a 4/14/2019 4/2/2019 Clerk-Bilingual Program Robert Dantzier 2/1/2019 n/a 3/1/2019 3/15/2019 Coordinator-BOE V. Correspondence Request from Attorney Richard Pascal, representing Donald Cilley Jr, to meet with the Board at the May 2019 meeting. VI. Adjournment