Cambridge Retirement Board Meeting

Description

The meeting will be conducted entirely by Webex videoconference.
The link to join is: https://cambridgeretirementboard.my.webex.com/meet/cburns

1. Minutes
Vote to consider the regular minutes of the meeting held on January 3, 2022. Vote to consider the executive session minutes of the meeting held on January 3, 2022.


2. Warrants
Vote to consider payment of warrant #2 in the amount of $8,545,713.55 and warrant #3 in the amount of $776,544.39.


3. Superannuations
Vote to consider the Superannuation retirement applications submitted by: Anita Ballou, Associate Chief Pharmacy Officer, Cambridge Health Alliance with twenty-two years, eight months; John Bolduc, Environmental Planner, Community Development Dept. with thirty-six years; Vilma David, Senior Payroll Analyst, Finance Dept. with forty years, five months; Cindy DiRusso, Assistant Librarian with thirty one years; Silverio Ferreira Jr., Deputy Superintendent, Police Dept. with thirty-three years; Barbara Gross, Radiologic Technologist, Cambridge Health Alliance with fifteen years, eight months; Earl Howard, Lieutenant, Fire Dept. with thirty-four years, seven months; Richard Linehan, Sergeant, Police Dept. with forty-one years, one month; Steven Lush, Engineering Manager, Water Dept. with nineteen years, six months; Goretti Pontes Macedo, Certified Application Counselor, Cambridge Health Alliance with twenty years; Christopher Melendy, Lieutenant, Fire Dept. with twenty-seven years, five months; Kevin Peterson, Senior Laborer, Dept. of Public Works with twenty-one years, one month; William Phillips, Detective, Police Dept. with thirty-five years, one month; Donna Pope, Clinical Leader / Registered Nurse, Cambridge Health Alliance with thirty-six years, four months; Margaret Shea, Mammographer, Cambridge Health Alliance with thirty-eight years, one month


4. Redeposits / Make-up / Liability
Vote to consider the make-up of deductions requested by: 1. Maryellen Carvello, 1 year (pro-rated) 2. Marissa R. Fried, 8 months 3. Carmen M. Gonzales, 5 months (pro-rated), requesting acceptance of liability 4. Victoria P. Leggett, 4 months 5. Xi Wang, 6 months (pro-rated) 6. Larona A. Ward, 10 months Vote to consider the request for redeposit of a refund from: 1. David T. Harding, 2 years 8 months


5. Refund Applications
Review report on vested refunds and consider three refund applications submitted in January.


6. Accidental Disability Application - Elizabeth Vendetti
Vote to consider the application for Accidental Disability benefits filed by Elizabeth Vendetti, Parking Control Officer in the Traffic & Parking Department. Ms. Vendetti is not represented
by an attorney.


7. Accidental Disability Application - Joyce Bowden
Vote to consider the application for Accidental Disability benefits filed by Joyce Bowden, a Fire Captain. Ms. Bowden is represented by Attorney Thomas Gibson.


8. Involuntary Accidental Disability Benefit - Philip Arsenault
Vote to consider the reports of the medical panel in the Involuntary Accidental Disability application filed on behalf of Philip Arsenault, a Fire Captain. Mr. Arsenault is represented by Attorney Thomas Gibson.


9. Accidental Disability Benefit - Charles McNeeley
Vote to consider the reports of the medical panel in the Accidental Disability application filed by Charles McNeeley, a Patrol Officer in the Police Department. Mr. McNeeley is represented by Attorney Thomas Gibson.


10. Accidental Disability Application - Michael Murphy
Vote to consider the Accidental Disability application filed by Michael Murphy, a Firefighter. Mr. Murphy is not represented by an attorney.


11. Survivor Benefit - Kenetha Moore-Garcia
Vote to consider the application for 12(2)(d) survivor benefits from Kenetha Moore-Garcia. She is the surviving spouse of Antony Garcia-Colon, a Parking Control Officer in the Traffic & Parking Dept.


12. PERAC Memos
PERAC Memo #1 re: Fraud Attempt PERAC Memo #2 re: 2022 Limits under Chapter 46 of the Acts of 2002 PERAC Memo #3 re: 2022 Limits under Section 23 of Chapter 131 of the Acts of 2010 PERAC Memo #4 re: COLA Notice PERAC Memo #4a re: Clarification of Previous COLA Notice Memo PERAC Memo #5 re: 2022 Interest Rate set at 0.1% PERAC Memo #6 re: Mandatory Retirement Board Member Training - 1st Quarter 2022 PERAC Memo #7 re: Buyback and Make-up Repayment Worksheets PERAC Memo #8 re: Actuarial Data


13. Old Business


14. New Business
The Board may discuss items which were unanticipated at the time that the agenda was created.


15. Executive Session


16. Chairman's Report


17. Executive Director's Report


18. FYI
Notice of Retiree Deaths PERAC 2021 OPEB Summary Report Update on Fossil Fuel Holdings November Financials – General Ledger, Summary of Accounts, Trial Balance, Adjustments, Cash Disbursements, Cash Receipts, Wire Transfers. Manager/Vendor Disclosures - Campbell Global Timber Fund, Intercontinental US Real Estate Fund, Income Research & Management, PineBridge US Senior Secured Load Strategy, Segal Marco Advisors.