Bulletin Board

Pursuant to G.L. c. 30A, § 20(b), notice is hereby given that a meeting of the Middlesex County Retirement Board will be held at 25 Linnell Circle, Billerica, Massachusetts, on  Wednesday, December 13, 2017 at 1:00 P.M.

AGENDA

1. Meeting Convenes

                        Pledge of Allegiance

                        Statement Regarding Remote Participation

 2. Announcement of Members and Guests

  • 10:00 A.M. – Nancy E. Dutton, Application for Superannuation Retirement, Executive Session under Purpose 1 of the Open Meeting Law
  • 10:15 A.M. –  Melissa Hurley, MJH Communications, Via Conference Call
  • 10:30 A.M.  – Richard MacLean, Involuntary Ordinary Disability Retirement Hearing, Executive Session under Purpose 7 of the Open Meeting Law
  • 10:30 A.M. – Kevin Landry, Accidental Disability Retirement Hearing, Executive Session under Purpose 7 of the Open Meeting Law

3. Approve Expenses of the Middlesex County Retirement System

4. Approve Minutes of the Retirement Board Meeting held on November 15, 2017

5. Accept and Process Applications for Superannuation Retirement

6. Record Approval by PERAC of Superannuation Retirement Allowances

7. Record Approval by PERAC of Member Survivor 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

11. Accept and Process Applications for Withdrawal of Accumulated Deductions

12. Approve Refunds for the Month of November

13. Approve Transfers for the Month of November

14. Approve Service Purchases

15. Request to Reinstate Military Service Credit Purchase – Joseph Campbell

16. Request to Reinstate Military Service Credit Purchase – Craig Naylor

17. Record Appointments of Medical Panels

18. Executive Session—Purpose 1 

     Nancy E. Dutton – Application for Superannuation Retirement

19. Executive Session – Purpose 7

      a. Richard MacLean – Application for Involuntary Disability Retirement

      b. Kevin Landry – Application for Accidental Disability Retirement

      c. Francis Griggs – Medical Panel Report

      d. Disability Report

20. Executive Session under Purpose 3 of the Open Meeting Law: Litigation – SCR-17-6254

21. Chief Administrative Officer’s Report

  •  Member Operations Update
  • Employer Reporting Update
  • Finance and Investments Update
  • Staff and Operations Update

22. Chairman’s Report

  • Revisions to Open Meeting Law Regulations
  • Social Security 2018 Fact Sheet
  • Regional Member Meeting Update
  • PERAC Update
  • PRIM Update 
  • Litigation Update
  • Legislative Update
  • Fourth Elected Member
  • Second Employment Position – Supplemental Regulation

23. Due Diligence

  • MACRS Fall Conference – Report
  • NPEA Conference – Report

24. Building Report – George Nangle

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.

 

 

 

Next Middlesex County Retirement Board Advisory Council Meeting and Regular Meeting

Date : December 13, 2017

Time : 9:30 A.M. Middlesex County Retirement Board Advisory Council Meeting/ 1:00 P.M. Regular Middlesex County Retirement Board Meeting

Location : 25 Linnell Circle, Billerica, MA 01865

Pursuant to G.L. c. 34B,§ 19(g), notice is hereby given that a meeting of the Middlesex County Retirement Board Advisory Council will be  held at 25 Linnell Circle, Billerica, Massachusetts, on  Wednesday, December 13, 2017  at 9:30 A.M.

 

  1. Call to Order
  2. Approval of Minutes
  3. 2017 Audit and GASB 67 and 68 Update –  James Powers, Powers & Sullivan, LLC     
  4. Review of Investment Performance and Investment Forecast, Paul Todisco, Pension Reserve Investment Management Board
  5.  2018 System Valuation Update, Kathy Riley, Segal Consulting
  6. Review of System Activity, Legal and Legislative Updates, Thomas F. Gibson, Board Chairman, Lisa Maloney, Chief Administrative Officer, Francine Kollias, MCRS Social Security Specialist
  7. Old and New Business
  8. Adjournment and Luncheon

 Pursuant to G.L. c. 30A, § 20(b), notice is hereby given that a meeting of the Middlesex County Retirement Board will be held at 25 Linnell Circle, Billerica, Massachusetts, on  Wednesday, December 13, 2017 at 1:00 P.M.

AGENDA

1. Meeting Convenes

                        Pledge of Allegiance

2. Approve Expenses of the Middlesex County Retirement System

3. Approve Minutes of the Retirement Board Meeting held on November 15, 2017

4. Accept and Process Applications for Superannuation Retirement

5. Record Approval by PERAC of Superannuation Retirement Allowances

6. Record Calculations Waived by PERAC of Superannuation Retirement Allowances

7. Record Approval by PERAC of Ordinary Disability Retirement Allowances

8. Approve New Members

9. Accept and Process Applications for Withdrawal of Accumulated Deductions

10. Approve Refunds for the Month of November

11. Approve Transfers for the Month of November

12. Approve Service Purchases

13. Petition PERAC for Medical Panels

14. Record Appointments of Medical Panels

15. Executive Session—Purpose 7 of the Open Meeting Law 

     a. Christopher Connell – Medical Panel Report

    b. Paul Lemieux – Application for Involuntary Accidental Disability Retirement

    c. Disability Report

16.  Executive Session  under Purpose 3 of the Open Meeting Law: Litigation – SCR-17-6254,     

     SUP-17-6319             

17.  Chief Administrative Officer’s Report

18. Chairman’s Report

  • PERAC Update
  • PRIM Update 
  • Litigation Update – Worcester Regional Retirement Board vs. CRAB, MCRB & Brian Pierce
  • Legislative Update
  • Second Employment Position – Supplemental Regulation
  • NCPERS Research Series – Unfunded Liability

19. Building Report – George Nangle

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.

 

 

 

 

 

 

Upcoming Middlesex County Retirement Board Meeting

Date : January 17, 2018

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 at 25 Linnell Circle, Billerica, Massachusetts, on  Wednesday, January 17, 2018 at 10:00 A.M.

 

 

Upcoming Middlesex County Retirement Board Meeting

Date : February 14, 2018

Time : 10:00 A.M.

Location : 25 Linnell Circle, Billerica, MA

Pursuant to G.L. c. 30A, § 20(b), notice is hereby given that a meeting of the Middlesex County Retirement Board will be held at 25 Linnell Circle, Billerica, Massachusetts, on  Wednesday, February 14, 2018 at 10:00 A.M.