Retirement Commission - Minutes - 11/30/2023

PEN ROP!
WATERFORD,
RAY ROAD
T 06385-2886
Retirement Commission Thursday, November 30, 2023
Special Meeting Minutes 6:00pm Waterford Town Hall
Susan Driscoll, Linda Finnegan, James Dimmock, Paul Goldstein, Rob Brule
Kevin Petchark, Craig Merriman
Kimberly Allen, Director of Finance, and Rebecca Hi
| Secretary
1. Meeting called to order at 6:00 pm. : ‘
2. Pu
Comment: None be 5
3. Approval of minutes from the me
1g of January 4, 2023,
Motion by Rob Brule and seconded by James Dimmock to approve the minutes as presented.
Vote: 3-0-2 Abst
inda Finnegan, Paul Goldstein Motion: Passed
4. Discussion regarding proposed FY25 Retirement Commission budget, as presented by Finance
Director kim Allen. Chair Driscoll inquired about the reasons behind various changes from the
FY24 budget, asked for grammatical and clarifying changes in the notes on pages § and 9, added a
sentence on pg 2 that stressed state action drove the FY25 increase, and requested several editing
changes to pages 1-4 that had been approved by the Commission for the FY24 budget but had not
been included in the final package.
Motion by Paul Goldstein and seconded by James Dimmock to approve the FY25 Retirement
Commission budget as amended.
Vote: Unanimous Motion: Passed
5. New Business
‘a. Member appointments in December 2023 to be determined.
b. Meeting with Fiducient presentation on 4023 QIR tentatively scheduled for Thursday,
February 8, 2024.
6. Adjournment
Motion by Rob Brule and seconded by Paul Goldstein to adjourn at 6:32 p.m.
Vote: Unanimous Motion: Passed
Respectfully submitted,
Rebecca L. Haff-Secretary