Cambridge Retirement Board Meeting

Description

This is a hybrid meeting. Members of the public can come to the office or join the videoconference feed at: https://cambridgeretirementboard.my.webex.com/meet/cburns
Cambridge Retirement Board Meeting
Sheila Tobin Conference Room 125 CambridgePark Drive, Suite 104 Cambridge, MA 02140
Monday, 8/1/2022 11:00 AM - 2:00 PM ET

1. Minutes
Vote to consider the regular minutes of the meeting held on July 5, 2022. Vote to consider the executive session minutes of the meeting held on July 5, 2022.

2. Warrants
Vote to consider payment of warrant #14 in the amount of $8,777,778.71 and warrant #15 in the amount of $388,244.07.

3. Superannuations
Vote to consider the Superannuation retirement applications submitted by: Brooke Coulter, Registered Nurse, Cambridge Health Alliance with twenty-eight years, five months; Gerard Mahoney, Fire Chief with thirty-nine years, five months; John Meucci, Custodian, School Dept. with thirty-seven years, three months; Thomas Nunziato, Master Plumber, Dept. of Public Works with thirty years, three months; Mary Ruggiero, Paraprofessional, School Dept. with twenty years, nine months. Emilia Sousa, Billing Clerk, Cambridge Health Alliance with eighteen years, two months.

4. Redeposits / Make-up / Liability
Vote to consider the make-up of deductions requested by: 1. Pedro Hernandez, 1 year 5 months 2. Xiomara Nunez, 2 months 3. Victor M. Resendes, 1 month 4. Alessandro Tomar, 2 years 1 month (pro-rated), request acceptance of liability 5. Ruggiero Vincent, 2 months Vote to consider the redeposit of a refund requested by: 1. Sandra M. Canas, 9 months

5. Refund Applications
Vote to consider ten refund applications submitted in July.

6. Accidental Disability Benefit - Michael Murphy
Vote to consider the reports of the medical panel in the Accidental Disability application filed by Michael Murphy, a Firefighter. Mr. Murphy is not represented by an attorney.

7. Accidental Disability Application - Howard Smith
Vote to consider the Accidental Disability application filed by Howard Smith, a Firefighter. Mr. Smith is not represented by an attorney.

8. Board Election
The Election Officer will report to the Board following the close of the nomination period. Vote
to consider a determination that only one candidate submitted valid nomination papers and should be declared elected.

9. 91A Hearing - Kyle Hood
Vote to consider termination of the retirement allowance paid to Kyle Hood for failure to complete the Annual Statement of Earned Income.

10. 91A Hearing - Paul Poisson
Vote to consider termination of the retirement allowance paid to Paul Poisson for failure to complete the Annual Statement of Earned Income.

11. GASB Statements
Vote to consider draft GASB Statements #67 and 68.

12. PERAC Memos
PERAC Memo #17 - Mandatory Retirement Board Member Training - 3rd Quarter 2022 PERAC Memo #18 - Expiration of Open Meeting Law Waiver PERAC Memo #19 - Extension of Open Meeting Law Waivers PERAC Memo #20 - Reinstatement to Service under G.L. c. 32, Sec 105

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 City of Cambridge Telework Policy, Issued July 15, 2022 May Financials - General Ledger, Summary of Accounts, Trial Balance, Adjustments, Cash Disbursements, Cash Receipts, Wire Transfers.