MEETING MINUTES

TOWN OF WEST WARWICK PENSION BOARD MEETING

DATE: MONDAY, JULY 13, 2020

TIME: 7:30PM

PLACE: ELECTRONICALLY VIA ZOOM MEETING

 

 

MEETING CANCELED NO QUOROM

 

*Due to the current COVID-19 pandemic, this public meeting will be held virtually via Zoom meeting.  The public may attend the meeting through electronic means using the following:

 

 

You are invited to a Zoom webinar.

When: Jul 13, 2020 07:30 PM Eastern Time (US and Canada)

Topic: West Warwick Pension Board Meeting

 

Please click the link below to join the webinar:

https://zoom.us/j/96712409431

 

Or iPhone one-tap :

    US: +16465588656,,96712409431#  or +13017158592,,96712409431#

Or Telephone:

    Dial(for higher quality, dial a number based on your current location):

        US: +1 646 558 8656  or +1 301 715 8592  or +1 312 626 6799  or +1 669 900 9128  or +1 253 215 8782  or +1 346 248 7799  or 833 548 0282 (Toll Free) or 877 853 5247 (Toll Free) or 888 788 0099 (Toll Free) or 833 548 0276 (Toll Free)

    Webinar ID: 967 1240 9431

    International numbers available: https://zoom.us/u/aIvhT8GzE

 

 

 

YouTube Link:

https://www.youtube.com/channel/UC9L2hByn6fswhlzSF2sy-0g

 

 

 

A.        MEETING CALLED TO ORDER

 

B.        ROLL CALL

ALBERT HEROUX                    

HELENE TAY

RALPH SOLMONESE

MICHELE LOMBARDI

 

C.        REVIEW AND APPROVAL OF PRIOR MEETING MINUTES

 

Minutes from June 8, 2020

 

D.        REVIEW OF ROCKLAND/ CLEARBROOK MONTHLY EXPENSES AND PORTFOLIO STATUS FOR PREVIOUS MONTH

           

E.        DISCUSSION/ACTION REGARDING PAYMENT OF BILLS:

           

1.              Howard E. Nyhart Company

  Attn: Finance Dept         

  8415 Allison Pointe Blvd

                     Suite 300

       Indianapolis, IN 46250

                                                                       

(a)   Inv#0157798

Actuarial Services for February 2020

Benefit Payment Reconciliation & Disability Consent Research

Emailing explaining the bill

Payment reconciliation for review of benefits paid from trust 7/1/2019-6/30/2020 plan year which is related to cola update listing and the disability consent research that was requested in Feb on who was involved in the communication an review of the judgement.

Amount: $1,365.00

 

(b)  Inv#0160044

Actuarial Services for May 2020

Return of contributions for Kowalik and McCollough

Hours:2.30

Amount: $500.00

 

Total Hours: 8.10

Total Amount Billed by Nyhart- $1865.00

 

F.         DISCUSSION/ACTION REGARDING DEATH BENEFIT APPLICATIONS FOR APPROVAL

 

1.     Kenneth Hoskin, Fire Dispatcher, date of death: 4/9/2020

Survivor Susan Hoskin

Monthly amount: pending

 

G.        DISCUSSION/ACTION REGARDING PENSION APPLICATIONS FOR ACKNOWLEDGEMENT OF RECIEPT   

 

1.     Paul Bertrand, DPW, 7/1/2020

 

2.     Paul Sousa, DPW, 6/28/2020

 

H.        PUBLIC COMMENT

        

            ADJOURN

 

 

Individuals requesting interpreter services for the hearing impaired must call (401) 822-9253 at least two (2) business days in advance of the scheduled meeting date.

 

Posted: 7/7/2020

 

 

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