Beverly Retirement Board 3-28-2024 The Beverly Retirement Board held an in person meeting at 275.Rantoul Street, Beverly, MA 01915 as
well as a teleconference meeting on meet.goggle,comlgcs-sgek-ffp on Thursday, March 28, 2024 at 6
p.m. Call in number was 1.-505-288-3086 with a PIN#269-965-560#. Board Members present were
Bryant Ayles, Carol Augulewicz, D.'Wesley Slate, Jr., Kevin Smith,Adam Travinski and the
Administrator Barbara Wells. The meeting was called to order at 6:03 p.m. Chairman Ayles stated that
the meeting was being recorded.
Chairman Ayles stated that we need a vote of the COLA and the administrator informed the board
members that the City Council was duly noted at their last meeting that this board would be taking a
COLA.vote for FY.25. Chairman Ayles asked the board members if there were any questions or
comments, thoughts anything you would like to.share. D. Wesley Slate, Jr. stated he is glad that the
board is taking a vote on this topic, Chairman Ayles stated he would say a few things and stated that
We are all aware of the inflation and everything that has been.going.on and there is no question in his
mind that an adjustment is needed on the high.end of what we are able to do and it applies to the first
$13,000. On a motion made by D. Wesley Slate, Jr. and seconded by Kevin Smith to grant.a 3% COLA
increase on the bash of$13,00.0_as of July 1,2024: Vote 5 to 0 in favor.
Chairman Ayles stated we need a vote on the 2023 Annual Statement and asked the administrator
exactly what kind o'fvote is needed. The.administrator explained that the vote should be that the board
members have reviewed it and approved it. The administrator also informed the board that the Annual
Statement is already'uploaded in PROSPER in which they just need to go into PROSPER.and
electronically sign so that the administrator can submit the Annual Statement prior to her leaving
tomorrow. On a motion made by Kevin Smith and seconded by D. Wesley Slate,Jr. to approved the
2023 Annual Statement. Vote 5 to 0 in favor.
Chairman Ayles informed the board members.that there is no update currently on OPEB.
Chairman Ayles asl ed if the board members have had a chance to review the minutes of last meeting of
February 2..9. 204 ar ddoes anyone have any comments, suggestions, edits. On a motion made by
Kevin Smith.and seconded by D.Wesley Slate,Jr. to approve the February 29, 2024.board minutes as
read. Vote 4 to 0 inEfavor with 1 abstention of Adam.Travinsk .
Chairman Ayles will entertain.a motion on the Special Meeting Minutes on March 5, 2024. On a
motion made by D Wesley Slate,Jr and seconded by Adam Travinski to approve the Special Meeting
Minutes of March 5 2023, Vote 5 to 0 in favor.
There were no superannuation retirements this nionth,.
There were no refunds this month.
There were no Rollovers this month.
A motion was made:D. Wesley Slate,Jr. and seconded by Carol Augulewicz to approve the transfers of:
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PAGE TWO March 25, 2024
Lisa Ryan 13 yrs. 3 mos creditable service to Gloucester; Luis Cardona—2 mos creditable service
and Jenna Pirrotta 3 yrs. 1 mo creditable service to the State,Tania Haque—5 mos creditable service
to MTRS,Apostolos Pastos—3 yrs creditable service to Andover, Melanie Kirsch—4 mos creditable
service to Middlesex and Brian Leathe 2 yrs. 3 mos creditable service. Vote 5 to 0 in favor.
A motion was made by D.Wesley Slate, Jr and seconded by Adam Travinski to approve the financial
information for December 20223 which consists of Trial Balances, Cash Receipts, Cash
Disbursements,Adjusting.Journal Entries, Cash.Reconciliations, Bank Statements, PRIT and OPEB
statements. Vote 5 to 0 in favor.
There was no wire transfer needed this month,
:A motion was made by D.Wesley Slate,Jr. and seconded by Kevin Smith to approve the Monthly A
warrant for April 2024 gent of$1 500. Vote 5 to 0 in favor.
A motion was made by Kevin Smith and seconded by D.Wesley Slate,Jr. to.approve the monthly
warrants of$1.,735,4.67.22. Vote 5 to 0 in favor.
Old Business: Executive Director.Position and Chairman Ayles stated that this will probably be a
standing item until we can rectify this and most likely there will be a need for more special meetings.
Chairman Ayles stated that-it.has been posted at a-high salary as we talked about.and is posted for two
more Weeks so we Will.have.an update in a couple of weeks.
New Business: Norte
DISTRIBUTED: PER.A,C-New Administrator Training is coming upl, PERAC—New Administrator
Training in two weeks!, New Administrator'Braining Next Week!, PE #1Q12424—Tobacco Company
List, Mass. Retirees;—Spotlight on retiree healthcare,,Massa Retirees Post retirement work waiver proposed,
Mass. Retirees—May 2024 Voice Elections.&Appointments, Mass. Retirees-Joining Medicare, Mass.
Retirees--Survey confirms healthcare affordability .concerns, PTG—Important Notice:Temporary'System
Disruption Due to V Party Service Outage, Powers & Sullivan's Audit,response and;E-Mail from Laura
DelleChiaie—DPHAdopted CDC CGVID Isolation.Gui€lance, Kevin Smith asked.the administrator if she
knew anything about the,Post retirement work waiver proposed.as there is.a House Bill related to this. The
administrator stated'tha ng'to go because there
t she did not know where this`was goi `was an article in the
Boston Globe this yveek that the Inspector General had reviewed this issues and stated.that it is to.big an
issue to be properly'=governed. Adam Travinski stated that it is the retirees responsibility and the payroll
clerk to keep track air the earnings and the administrator stated that was not mentioned in the article.
The next Board Meeting will be held on April 25, 2024 at 6 p.m.. Chairman Ayles stated he wouldn't be
surprised if.another special might be needed before than but we will know more in a couple of weeks.
On a motion made by Kevin Smith and seconded by Carol Augrilewicz to adjourn the meeting at 6.35
p.m.
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PAGE THREE March 28, 2024
Respectfully submitted,
Barbara Wells;
Administrator
f2�
Carol Augulewicz, Officio Bryant yles,frppointed, Chairman
D.y1 siey Slate, lected Member Adam Travinsla,Fifth.Member
Kevin Smith, Elected Member
s
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