MEETING MINUTES
TOWN OF WEST WARWICK PENSION BOARD MEETING
DATE: WEDNESDAY, APRIL 14, 2021
TIME: 7:00 PM
PLACE: ELECTRONICALLY VIA ZOOM MEETING
MEETING CANCELED
You are invited to a Zoom webinar.
When: Apr 14, 2021 07:00 PM Eastern Time (US and Canada)
Topic: West Warwick Pension Board Meeting
Please click the link below to join the webinar:
https://us02web.zoom.us/j/82567924249
Or One tap mobile :
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Webinar ID: 825 6792 4249
International numbers available: https://us02web.zoom.us/u/kuC2ESwBt
YouTube link:
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A. MEETING CALLED TO ORDER
B. PLEDGE OF ALLIEGANCE
C. PRAYER
D. ROLL CALL
ALBERT HEROUX
RALPH SOLMONESE
MICHELE LOMBARDI
JAMES ATCHISON
ADAM SATCHELL
E. REVIEW AND APPROVAL OF PRIOR MEETING MINUTES
Minutes from February 8, 2021, March 10, 2021 and April 7, 2021
F. REVIEW OF ROCKLAND/ CLEARBROOK MONTHLY EXPENSES AND PORTFOLIO STATUS FOR PREVIOUS MONTH
G. DISCUSSION/ACTION REGARDING PAYMENT OF BILLS:
1. Olenn & Penza, LLP
Krista J. Schmitz, Esq.
530 Greenwich Avenue
Warwick, RI 02886
(a) Monthly Legal Services for Pension Board Counsel
File # MBF 7372 General File
January 2020
Amount:$3,385.50
Hours: 19.90
February 2020
Amount:$2146.00
Hours: 12.00
Total: $5531.50
2. Howard E. Nyhart Company
Attn: Finance Dept
8415 Allison Pointe Blvd
Suite 300
Indianapolis, IN 46250
(a) Inv#0165346
Actuarial & Administrative Services from Jan 2021
Benefit Application
Clarke, Valle
Analyst: 1.7 hours
Amount: $570.00
Inv#0165892 A
Actuarial & Administrative Services Feb 2021
Experience study preparation
Amount:$2125.00
Inv#0166714
Actuarial & Administrative Services March 2021
Preparation of revised 7/1/2020 Actuarial funding
Amount:$5299.50
Inv#0165892
Actuarial & Administrative Services Feb 2021
Death Benefit Application
E. Sousa
Amount:$510.00
Inv#0166716
Actuarial & Administrative Services from March 2021
Return of Contribution – re calculation
Amount: $260.00
Total $8764.50
3. Town of West Warwick Finance Dept
1170 Main Street
West Warwick, RI 02893
Inv#1809
Board Clerk 1ST QUARTER WAGES-
Amount:$472.92
H. CLEARBROOK PRESENTATION ON PORTFOLIO
I. DISCUSSION/ACTION/VOTE ON DARREN BURLEY PENSION CALCULATION REGARDING WHEN MR. BURLEY CAN COLLECT HIS PENSION A DEFERRED AT AGE 62 OR AN EARLY AT AGE 50 WITH REDUCED BENEFIT
J. DISCUSSION/ACTION/VOTE ON DISABLED POLICE OFFICER MICHAEL NYE’S (RAISES) COLA IF DUE ONE
K. DISCUSSION/ACTION/VOTE ON CAROL MESSIER’S MONTHLY PENSION AMOUNT
L. DISCUSSION/ACTION/VOTE ON BENEFIT CALCULATION FOR MARK LONGO
FOR SERVICE CREDIT TIME BETWEEN TWO DIFFERENT UNIONS (DEPARTMENTS)
M. DISCUSSION/ACTION ON DEATH BENEFIT
1. Norman Landroche ,date of death, 3/3/2021
One time to beneficiary: $
Monthly survivor: $
N. DISCUSSION/ACTION ON APPROVAL OF PENSION CALCULATION
1. David Studley Fire, Normal
Amount: pending
Date of retirement:3/5/2021
O. DISCUSSION/ACTION ON APPROVAL OF RETURN OF CONTRIBUTIONS
1. Crystal Romano, Schools term date:9/11/2020
Amount: pending
2. Noah Ochs, DPW , term date:1/15/2021
Amount: pending
P. DISCUSSION/ACTION ON RECEIVING PENSION APPLICATION TO PROCESS
1. Antonio Duffy, DPW , normal 3/27/2021
2. Debra Graham, Town , non occupational disability term date:3/22/2021
Q. DISCUSSION/ACTION/VOTE ON BENEFIT PENSION STATEMENT
R PUBLIC COMMENT
S. 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: 4-8-2021