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Malden Publick

An independent guide to city government in Malden, Massachusetts

Retirement Board – Feb 18, 2026

Minutes (PDF)Agenda
Where
Not listed on the city's Agenda Center
Time
Not listed

What was decided

The board accepted meeting minutes, warrants, cash books, and reconciliations. It approved new members, retirement applications, withdrawals and transfers, and a 3% COLA. The board also went into executive session to discuss disability cases, taking no action on one item, then returned to open session and adjourned.

Decisions recorded

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Transcribed by AI from the city's PDF. Check the original before relying on it.

BOARD MEETING MINUTES

DATE: February 18, 2026

A meeting of the Malden Retirement Board was held this day February 18, 2026, at 8:35AM in conference room #105 at Malden City Hall, 215 Pleasant St. Malden, MA with the following present: Warren Atkinson Jr., Domenic Fermano, John Hall, Scott Lucey, Charles Ranaghan. Staff: Board Secretary Maria LoGrasso

Call to Order

The Chairman, Mr. Atkinson Jr. called the meeting to order at 8: 35 AM. The Board Secretary Maria LoGrasso took an attendance roll call vote.

Roll Call:

  • Mr. Atkinson Jr. - Yes
  • Mr. Fermano - Yes
  • Mr. Hall - Yes
  • Mr. Lucey - Yes
  • Mr. Ranaghan - Yes

Presentation

General Meeting

Accept December Board Meeting Minutes, January Expense Warrant, December and January Retiree Payroll and Staff Payroll Warrant, December Cash Book & Cash Reconciliations. Cash books through December were submitted to PERAC.

VOTE: To accept January Board Meeting Minutes, February Expense Warrant, Retiree Payroll and Staff Payroll Warrant, Cash Book & Cash Reconciliations. Motion by Mr. Hall and seconded by Mr. Fermano, it was voted:

*All present were in favor

New Members

  • Jacquay Spradley - (MPS) ESP, Hire Date 01/14/2026
  • William Pescione - Meter Officer, Hire Date 01/25/2026
  • Isabella Halpin-Perez - (MPS) ESP, Hire Date 01/20/2026
  • Tiffany DeMontier \u2013 Librarian, Hire Date 01/19/2026
  • My Hua - (MHA) Public Housing Specialist, Hire Date 01/20/2026
  • Jeremy Willis -HMEO, DPW, Hire Date 02/06/2026
  • Zechery Lemel - Deputy Dir. Of Planning and Economic Development, OSPCD, Hire Date 02/09/2026
  • Peter Piazza - (MPS) School Committee Member, Hire Date 01/05/2026
  • Angelina Colon - (MPS) Paraprofessional, Hire Date 01/14/2026

VOTE: To accept new members. Motion by Mr. Hall and seconded by Mr. Ranaghan, it was voted:

*All present were in favor

Deceased

Retirement Applications, Adjustments, and Survivor Benefits

  • Patricia A. Schulz-Clerk, Police Department, Date of Retirement: 02/27/2026
  • Cheryl A. Spinella, Clerk, Senior Center, Date of Retirement: 04/03/2026

VOTE: To accept Retirement Applications, Adjustments, and Survivor Benefits. Motion by Mr. Ranaghan and seconded by Mr. Hall, it was voted:

*All present were in favor

Withdrawals/Transfers

  • Scott DeSalvo -DPW Water Labor, 6 years, 9 months, Transfer to Everett
  • Jason Minervini \u2013 DPW, Highway Labor, 1 year, 3 months, Transfer to Belmont
  • Dianne Lucey \u2013 Cafeteria, MPS, $31.04 refund balance to member.

VOTE: To accept Retirement Withdrawals and Transfers. Motion by Mr. Ranaghan and seconded by Mr. Hall, it was voted:

*All present were in favor

Buybacks, Makeups and Military Purchases

Correspondence - Recent PERAC Memos

  • 9 \u2013 Buyback and Make-up Repayment Worksheets

  • 10 \u2013 Actuarial Data - Submitted on January 15, 2026

  • Federick Wilson \u2013 Attorney letter from Michael Sacco to Request a New Medical Panel

Director Report

COLA Notice

VOTE: The Board made a motion to approve 3% COLA. Motion by Mr. Fermano and seconded by Mr. Lucey. The Board Secretary Maria LoGrasso took an attendance roll call vote.

Roll Call:

  • Mr. Atkinson Jr. - Yes
  • Mr. Fermano - Yes
  • Mr. Hall - Yes
  • Mr. Lucey - Yes
  • Mr. Ranaghan - Yes

Discussion of Topics Not Reasonably Anticipated 48 Hours in Advance of Meeting

The Board agreed on a shared email for the Malden Retirement Board and decided on info@maldenretirement.org

The Board approved the purchase Retirement branded apparel for the office staff.

Warren mentioned that the board should vote next month for funding for this year's NCPERs and MACRSs conferences.

Documents Distributed to the Board:

  • February Agenda
  • January 2026 Draft Board Minutes
  • January 2026 Special Board Minutes
  • De Burlo's January Appraisal Summary Report
  • February 2026 Disbursements Warrant
  • PERAC Memos #9 & #10

VOTE: At 8:57 AM to go into Executive Session. Motion by Mr. Lucey and seconded by Mr. Hall. The Board Secretary Maria LoGrasso took a roll call vote.

Roll Call:

  • Mr. Atkinson Jr. - Yes
  • Mr. Fermano - Yes
  • Mr. Hall - Yes
  • Mr. Lucey - Yes
  • Mr. Ranaghan - Yes

Executive Session Disability updates:

  • James R. Connolly \u2013 Fire Department, Application for Accidental Disability \u2013 Pending Medical Records
  • Frederick Wilson - Attorney letter from Michael Sacco to Request a New Medical Panel \u2013 No Action
  • Thomas Angelo \u2013 Updated Board member on the ADR status.

At 9:26 AM Eastern time, Motion by Mr. Hall, seconded by Mr. Ranaghan to exit Executive Session and re-enter back into public meeting. The Board Secretary Maria LoGrasso took a roll call vote.

Roll Call:

  • Mr. Atkinson Jr. - Yes
  • Mr. Fermano - Yes
  • Mr. Hall - Yes
  • Mr. Lucey - Yes
  • Mr. Ranaghan - Yes

VOTE: To adjourn the meeting 9:27 AM Eastern time, Motion by Mr. Ranaghan, seconded by Mr. Lucey, it was voted:

*All present were in favor

Future Meeting dates: March 18, 2025, 8:30 am; April 15, 2026, 8:30 am

Warren Atkinson Jr., Chairman

Domenic Fermano, Appointed Member

Scott Lucey, Board Appointed

John Hall, Elected Member

Charles Ranaghan, Ex-Officio

Minutes posted on the city website (PDF, 1.3 MB). Saved copy, saved .

Agenda

A copy of the agenda wasn't saved here. It is on the city website.

Terms used here

OSPCD
Office of Strategic Planning and Community Development, the city office for planning, housing, community and economic development, and grants.
COLA
Cost-of-living adjustment: a raise in pay or a pension to keep up with rising prices.
executive session
A part of a public meeting closed to the public. State law allows it only for specific reasons, such as lawsuits, negotiations, or personnel matters.
PERAC
Public Employee Retirement Administration Commission, the state agency that oversees Massachusetts public retirement systems.

All the terms in the glossary

Source

This meeting's agenda in the City of Malden's Agenda Center. First recorded by Malden Publick on .