Meeting of the Middlesex County Retirement Board

Date : January 20, 2021

Time : 10:00 A.M.

Location : 25 Linnell Circle, Billerica, MA 01865

Pursuant to G.L. c. 30A, § 20(b) notice is hereby given that a meeting of the Middlesex County Retirement Board will be held on Wednesday, January 20, 2021 at 10:00 A.M.  Pursuant to the March 12, 2020 Order of the Governor Suspending Certain Provisions of the Open Meeting Law, Board members and members of the public can access the meeting remotely via GoToMeeting by dialing +1(872)240-3311 and entering Access Code: 633-403-541.

1. Meeting Convenes

2. Announcement of Members and Guests (Remote Participation)

                        10:00 A.M.:  John Parsons, Executive Director, PERAC

                        10: 30 A.M.:  Robert Noel, Member

                        11:15 A.M.:   Chris Scott, Executive Director, Valley Collaborative

3. Approve Expenses of the Middlesex County Retirement System

4. Review and Accept Cash Balance Sheet and Operating Budget

5. Approve Minutes of the Retirement Board Meeting of December 16, 2020

6. Accept and Process Applications for Superannuation Retirement Allowances

7. Record Approval by PERAC of Superannuation Retirement Allowances

8. Record Approval by PERAC of Accidental Disability Retirement Allowances

9. Record Calculations Waived by PERAC of Superannuation Retirement Allowances

10. Approve New Members and Group Classification Changes

11. Accept and Process Applications for Withdrawal of Accumulated Deductions   

12. Approve Refunds for the Month of December

13. Approve Transfers for the Month of December

14. Approve Service Credit Purchases

15. Approve Petitioning for and/or Recording of PERAC Medical Panels

16. Executive Session – Purpose 7 of the Open Meeting Law : To comply with, or act under the authority of, any general… law”, that  law being Exemption (c) of the Public Records Law (G.L. c. 4, s. 7(26)(c) )

a.   Accidental Disability Retirement Application Review – Robert Noel

b.  Medical Panel Reports – Scott Florio

                     c.   Medical Panel Reports – Marc Pare

                     d. Medical Panel Reports – Gregory Proctor

                     e.  Disability Report

17. Executive Session – Purpose 7 of the Open Meeting Law: To comply with, or act under the authority of, any general…. law”, that law being Exemption (n) of the Public Records Law (G.L. c. 4, s 7(26) (n) )

                    a.  Information Technology Assessment Update

18. Chief Administrative Officer’s Report

19. Chairman’s Report

a.   PERAC Update

b.   PERAC Memo#4/2021 – COLA Notice

c.   PRIM Update

d.   Legislative Update

e.   Litigation Update

f.   COVID-19 Update

                      g.   National Institute on Retirement Security: Pensionomics 2021

h.   Annual Review of Executive Session Minutes

                      i.    Annual Review of System Vendors for Conflict of Interest

                      j.   Board Meeting Dates: April through June 2021

                     k.   Draft Board Policy on Consent Agendas

                     l.    Regular Compensation Review

                     m.   2020 Year In Review – CAO Powerpoint

  Any and all other business that may lawfully come before the Board.   

 The Board reserves the right to consider items on the agenda out of order. The listing of matters is those reasonably anticipated by the Chair which may be  discussed at the meeting at least forty-eight (48) hours prior to the meeting.  Not all items listed may in fact be discussed and other items not listed may also be brought up for discussion to the extent permitted by law.  Items identified for discussion in Executive Session may be conducted in open session, in addition to or in lieu of discussion in Executive Session.