Concord Retirement Board
Monday, February 27, 2012
Town House, 22 Monument Square
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Selectmen’s Room - 9:30 am
1. Approval of Minutes – January 27, 2012
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2. Approval of February retiree payroll
Pension $387,549.13
Annuity 72,291.61
Total Payroll: $459,840.74
3. Approval of Expenses/3(8)(c) billing – estimated total: $186,905.77
4. Report of Investment Transactions since last meeting (itemized transactions available for viewing in the Concord Retirement Office)
5. New Members
Name Unit Department Position Hire Date Group
Kristen D. Watanabe School CPS SPED Tutor 01/13/2012 1
Cynthia Jump School CPS Kindergarten Assist. 02/27/2012 1
6. New Retirements
Name Unit Department Position Retirement Date Service
None
7. Refunds/Rollovers
Name Unit Department Position Amount Service
None
8. Transfers to other Systems
Name Unit Department Position Amount Service
Gregory Connor School CPS SPED Tutor $11,476.93 3.9167
Ann D. Little School CCHS SPED Tutor $ 6,828.16 4.6667
Michael Towers Town Recreation Program Instructor $28,283.07 7.5833
9. Other Business – Review of Correspondence & Other Documents:
PRIT Investment Review – Paul Todisco
PERAC Memo #17/2012 - Shift Substitution, Creditable Service and Regular Compensation
(Follow up to PERAC Memorandum #30/2011)
PERAC Memo #18/2012 - Special Counseling for Members Seeking to Withdraw Their Funds
PERAC Memo #19/2012 – 2011 Statement of Financial Interests
PERAC Memo #20/2012 – Retirement Board Data/Target Investment Rate of Return
PERAC Memo #21/2012 – Attorney General’s Open Meeting Law Guide (www.mass.gov/ago/openmeeting)
Annual Statement of the Financial Condition of the Concord Retirement System
10. Adjournment - Next board meeting: Tuesday, March 27, 2012 at 8:30 a.m.
