October 25, 2017 Retirement Board Meeting

MEETING NOTICE

Fall River Contributory Retirement Board Meeting

DATE/TIME: Wednesday, October 25, 2017 at 8:30 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 9/19/17 meeting submitted for review/approval  - VOTE. 

4. Warrants to be signed.  

5. Section 91A Excess Earnings –Suspension of Benefits - VOTE

Kevin Fitzpatrick

Ronald Travassos – Request to be heard prior to suspension

6. Retirement/Benefit Applications – VOTE

     Superannuation:

     William St. Pierre – Facilities Mgmt. – eff. 11/6/17

     Survivor Benefits:

     Christine Silvia, widow of Matthew. – 12 (2)(d)

7. Executive Director: Reports/Issues/Requests:

       Personnel Matters: Performance evaluation/recommendation  for Heather Pacheco -VOTE

    Calendar year 2018 staff salary adjustments - VOTE

8. Distributed to Board for acknowledgement, discussion, and/or vote:

     PERAC - Actuarial Report as of 1/1/17

     PRIT – Sumary of Plan Performance P/E 8/31/17

     PERAC Memo #30 – 4th Qaurter Training 

     Accounting reports for August 2017

     Calendar-Year 2018 budget proposal - VOTE

Any other matters that may come before the Board.