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About the Event

Please note: This page is about a past event. Visit somervillema.gov/calendar for upcoming events.

LOCATION

This is a public meeting.


1. Regular Meeting for the Non-Contributory SRB Meeting

  • Approving and signing Minutes of prior meeting(s).
  • Any Updates or issues.

2. Regular Meeting for the Contributory SRB Meeting

  • Approving and signing the regular minutes of prior meeting(s).
  • Approve issuing payment for Vendor Expense Warrant # 8 and Retiree Payroll Warrant # 8A for the month of August.
  • Accept and process Applications for Withdrawal of Accumulated Total Deductions, account transfer requests, and Buyback and Makeup requests.
  • Accept and process received Retirement Applications.
  • Sign new Membership certificates; Issue any new Member suspension letters
  • Financial review; bank reconciliations, trial balance, receipts & disbursement journals.
  • Disability Retirements and updates.
  • PERAC memos received.
  • Any legal or legislative updates.
  • Any Death notices.
  • Discuss and review any new Policies & Procedures.
  • Annual review and update from any Investment Managers.
  • Any Accidental Disability retiree overearnings.
  • Involuntary Retirement Application updates or hearings.
  • Letter received from Comerica regarding GlobeTax.
  • Review Q2 Budget vs. Actual Report.
  • October MACRS conference in Springfield.
  • Any new business and other items not reasonably anticipated at the time of the meeting posting.

 


Event Documents

Document Type Time Posted
Minutes Jul 20, 2022, 2:39am

Location

Cost:

FREE


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