Cambridge Retirement Board Meeting

Description

Pursuant to Chapter 2 of the Acts of 2023 adopted by Massachusetts General Court and approved by the Governor, the Cambridge Retirement System is authorized to use remote participation at meetings of the Board. This will be a hybrid meeting, held in-person at 125 CambridgePark Drive and also via videoconference. The link to join the videoconference is: https://zoom.us/j/3881768511?pwd=RWkrVmRJMnhEM0pKS0xwckFFdnlNdz09
Cambridge Retirement Board Meeting
Sheila Tobin Conference Room 125 CambridgePark Drive, Suite 104 Cambridge, MA 02140
Monday, 12/4/2023 11:00 AM - 3:30 PM ET

1. Minutes
   Vote to consider the minutes of the investment manager interviews held on October 26, 2023. Vote to consider the regular minutes of the meeting held on November 6, 2023.
2. Warrants
   Vote to consider payment of warrant #22 in the amount of $9,367,546.26 and warrant #23 in the amount of $2,173,278.14.
3. Superannuations
   Vote to consider the Superannuation retirement applications submitted by: John Blouin, Cross Connection Supervisor, Water Dept. with twenty-nine years, one month; William Greg Fisher, Support Tech Specialist II, Information Technology Dept. with forty-one years, two months; Amanda Gazin, Senior Librarian with twenty-eight years, two months; Sean Mahoney, Laborer, Housing Authority with fifteen years, five months; Christiana Malgwi, Float Aide II, Cambridge Health Alliance with nineteen years, nine months; Robert J Medeiros Jr., Custodian, School Dept. with thirty six years; Maria Medina, Pre-School Teacher, Dept. of Human Services with twenty-three years, two months; Brenda Moschella, Senior Account Clerk, Auditing Dept. with eighteen years, seven months; Sergio Pace, HVAC Helper, School Dept. with thirty-two years; Steven Smith, Chief Information Officer, School Dept. with sixteen years, four months; Gerda St. Fort, Pediatric RN, Cambridge Health Alliance with twenty-one years, eleven months.
4. Redeposits / Make-up / Liability
   Vote to consider the redeposit of refunds for: 1. Jacqueline M. Mercer, 5 years 2. Margarette Pierre, 2 years 5 months (pro-rated)
5. Refund Applications
   Vote to consider three refund applications submitted in November.
6. Accidental Disability Application - Pauline Adams-Kelsey
   Vote to consider the Accidental Disability application filed by Pauline Adams-Kelsey, an
   Operations Assistant in the Dept. of Public Works. Ms. Adams-Kelsey is represented by Attorney Michael Akashian.
7. Accidental Disability Application - Paul W. Gallagher
   Vote to consider the application for Accidental Disability benefits filed by Paul W. Gallagher, a Firefighter. Mr. Gallagher is not represented by an attorney.
8. Accidental Disability Application - Craig Yearwood
   Vote to consider the Accidental Disability application filed by Craig Yearwood, a Firefighter. Mr. Yearwood is not represented by an attorney.
9. Accidental Disability Benefit - Herbert Stern
   Vote to consider the reports of the medical panel in the Accidental Disability application filed by Herbert Stern, Working Supervisor in the Dept. of Public Works. Mr. Stern is represented by Attorney Thomas Gibson.
10. Accidental Death Benefit - Michael Clinton
    Vote to consider the request for Accidental Death benefits filed by Melinda Camara, surviving spouse of Michael Clinton, a retired Firefighter. Mr. Clinton died on November 1, 2023. Ms. Camara is not represented by an attorney.
11. 91A Overearning - James Desrosiers
    Vote to consider the proposed repayment agreement for James Desrosiers. Mr. Desrosiers is represented by Attorney Gerry McDonough.
12. Appointment of Fifth Board Member
    Vote to consider any further action regarding the applicants for the Fifth Member seat on the Cambridge Retirement Board.
13. PERAC Memos
    PERAC Memo #26 re: 2023 Pension Fraud Prevention Campaign
14. Old Business
15. New Business
    The Board may discuss items which were unanticipated at the time that the agenda was created.
16. Executive Session
17. Chairman's Report
18. Executive Director's Report
19. FYI
    List of Retirees who died in November 2023 Bernstein Litowitz Berger & Grossman Q3 2023 Report September Financials: General Ledger, Summary of Accounts, Trial Balance, Adjustments, Cash Disbursements, Cash Receipts, Wire Transfers, Bank Reconciliation.