April 26, 2017 Retirement Board Meeting

Fall River Contributory Retirement Board Meeting
DATE/TIME: Wednesday, April 26, 2017 at 9:00 A.M.
LOCATION: 30 Third Street, Suite 301, Fall River, MA 02720
MEETING AGENDA
1.    Call to Order
2.    Statement regarding recording of meetings
3.    Minutes of 3/22/17 meeting submitted for review/approval  - VOTE.
4.    COLA VOTE to be effective 7/1/17
5.    Warrants to be signed. 
6.    Retirement/Benefit Applications – VOTE
     Superannuation:
     Lucy Arruda – Water Dept. – eff. 5/31/17
     Elaine Medeiros – School Dept. – eff. 4/7/17
     Rosemarie Souza – School Dept. – Eff. 6/30/17
     David Sullivan – FR Housing Authority – eff. 4/30/17
     Survivor Benefits:
     Mildred Laflamme - widow of Arthur Laflamme - Section 101 benefits.
     Shirley Saucier – widow of Ronald Saucier – Section 101 benefits.
7.    Distributed to Board for acknowledgement, discussion, and/or vote:
            February 2017 accounting reports
         PRIT – February summary of plan performance 
         PRIT – Save the Date for 11/9/17 PRIM Investor Conference
         PERAC Memo #17/2017 – 2nd Quarter Board Training events                                                  
8.    Executive Director’s Update:
     Personnel Issues – Admin. Asst.  position – Interview process to be determined.
     PROSPER - Update
9.    Nominations/vote for FRRB Chairman & Vice-Chairman
10.    Executive Session - the Board may convene in executive session pursuant to M.G.L c. 30A, § 21(a)(1) to review, discuss, vote or to conduct an evidentiary hearing regarding the applications pending before the Board as these matters involve discussion of the reputation, character, physical and/or mental health of an individual.   
             John Cabral – Retired Police Dept. - Accidental disability retirement.
            Joaquim Fernandes – Fire Dept. – Accidental disability retirement