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BOARD MEETING MINUTES
DATE: May 27, 2026
A meeting of the Malden Retirement Board was held this day May 27, 2026, at 8:28 AM in conference room #105 at Malden City Hall, 215 Pleasant St. Malden, MA with the following present: Warren Atkinson Jr., John Hall, Scott Lucey, Charles Ranaghan. Staff: Director, Robert Soohoo, and Board Secretary Maria LoGrasso.
Call to Order
The Chairman, Mr. Atkinson Jr. called the meeting to order at 8:28 AM. The Board Secretary Maria LoGrasso took an attendance roll call vote.
Roll Call:
- Mr. Atkinson Jr. - Yes
- Mr. Hall - Yes
- Mr. Lucey - Yes
- Mr. Ranaghan - Yes
MOMENT OF SILENCE
The Retirement Board members and staff had a moment of silence in honor of our deceased board member Domenic Fermano.
General Meeting
Accept April Board Meeting Minutes, May Expense Warrant, April and May Retiree Payroll and April Staff Payroll Warrant, Cash Books & Cash Reconciliation.
VOTE: To accept April Board Meeting Minutes, May Expense Warrant, April and May Retiree Payroll and April Staff Payroll Warrant, Cash Books & Cash Reconciliation. Motion by Mr. Lucey and seconded by Mr. Hall, it was voted:
*All present were in favor
New Members
- Michelle Rice – City, Police Officer, Hire Date 04/20/2026
- Ryan Baxter – City, Police Officer, Hire Date 04/20/2026
- Max Pfingston – City, Police Officer, Hire Date 04/20/2026
- Andrew Macklin – City, Project Manager, Hire Date 04/22/2026
- Stefanie Alberto – MPS, ESP, Hire Date 04/27/2026
- Kylie Copithorne – MPS, ESP, Hire Date 04/27/2026
- Scott Desalvo Jr. – MHA, Maintenance, Hire Date 04/27/2026
- Brenna Mulcahy – City, Police Officer, Hire Date 05/11/2026
- Michael Stellato, Jr. – City, Police Officer, Hire Date 05/11/2026
- Bruce Kieran Presley – City, Police Officer, Hire Date 05/11/2026
- Jennifer Breaker – City, Interim HR Director, Hire Date 05/05/2026
- John Joseph Costa – MPS, ESP, Hire Date 05/07/2026
- Jason Nickerson – MHA, Maintenance, Hire Date 05/18/2026
- Miltiadis Drakopoulos – MPS, ESP, Hire Date 05/20/2026
VOTE: To accept new members. Motion by Mr. Hall and seconded by Mr. Lucey, it was voted:
*All present were in favor
Deceased
- Anthony Chiccuarelli - Date of Death 04/29/2026 – Option C Spouse, Colleen Chiccuarelli
- Wayne Martineau – Date of Death 04/20/2026 – Option D Spouse, Sandra Martinea
Retirement Applications, Adjustments, and Survivor Benefits
- Scott Mangino – Police Officer, Date of Retirement: 05/13/2026, Option C
- Gustavo Kruschewsky – Police Officer, Date of Retirement: 05/31/2026, Option C
- Angela Flynn – MHA, Assistant Director, Date of Retirement: 06/26/2026 Option B
- Glen Cronin – City, Police Chief, Date of Retirement: 06/30/2026, Option C
- Sherrill Hachey – City, OSPCD, Date of Retirement: 06/30/2026, Option C
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
- Robert Knox – Transfer to Everett, Years of Service: 31.333
- Maria Tamagna – Transfer to Everett, Years of Service: 14.75
- Nicole Jones – Refund, Years of Service: 12.500
- Ernest Molinari – Rollover to Fidelity, Years of Service: 1.500
VOTE: To accept Withdrawals/Transfers. Motion by Mr. Hall and seconded by Mr. Ranaghan, it was voted:
*All present were in favor
Buybacks, Makeups and Military Purchases
None
Correspondence - Recent PERAC Memos
None
Director Report
Review of Upcoming Election for Retirement Board. The Board reviewed Election Notice and requested updates.
Cambridge Trust Investments:
- Review of Investment Policies – No updates
- Review of Investment Report – No updates
Discussion of Topics Not Reasonably Anticipated 48 Hours in Advance of Meeting
Domenic Fermano – Deceased date: 05/21/2026, Opt. B – NFB
Annual Statement – Board reviewed and signed the 2025 Annual Statement to be submitted to PERAC.
NCPERS – The Board discussed whether the Retirement Board has bylaws that we abide by. We will reach out to PERAC to see if there are any bylaws in place for Boards.
James Connolly -ADR. Mr. Connolly requested to apply for Superannuation until ADR is completed.
Documents Distributed to the Board:
- May Agenda
- May disbursement warrant
- Draft Notice of Election
- Denial letter to Frederick Wilson
- Cambridge Trust March and April investment reports for Malden
- April Reconciliation, April Trial Balance & M&T report
Executive Session
Executive Session under Purpose 7 of the Open Meeting Law: To comply with Exemption (c) of the Public Records Law (G.L. c. 4, s. 7(26)(c)) exempting personnel and medical files or information and other materials or data relating to a specifically named individual, the disclosure of which may constitute an unwarranted invasion of personal privacy.
At 10:01 AM Eastern time, Motion by Mr. Lucey, seconded by Mr. Hall, to go into Executive Session. The Board Secretary Maria LoGrasso took a roll call vote.
Roll Call:
- Mr. Atkinson Jr. - Yes
- Mr. Hall - Yes
- Mr. Lucey - Yes
- Mr. Ranaghan - Yes
*All present were in favor.
James Connolly - ADR Application update
Frederick Wilson – ADR Application update. Attorney Sacco submitted appeal rights to Mr. Wilson's attorney.
Stephen Prince – New ADR Application
VOTE: At 10:09 AM Eastern time, Motion by Mr. Lucey, 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. Hall - Yes
- Mr. Lucey - Yes
- Mr. Ranaghan - Yes
*All present were in favor.
VOTE: The Board approved Superannuation prior to the approval of the ADR Applications approval for James Connolly. Motion by Mr. Lucey, seconded by Mr. Hall. The Board Secretary Maria LoGrasso took a roll call vote.
Roll Call:
- Mr. Atkinson Jr. - Yes
- Mr. Hall - Yes
- Mr. Lucey - Yes
- Mr. Ranaghan - Yes
*All present were in favor.
VOTE: The Board approved a request for a Medical Panel for Stephen Prince. Motion by Mr. Ranaghan, seconded by Mr. Lucey. The Board Secretary Maria LoGrasso took a roll call vote.
Roll Call:
- Mr. Atkinson Jr. - Yes
- Mr. Hall - Yes
- Mr. Lucey - Yes
- Mr. Ranaghan - Yes
*All present were in favor.
VOTE: The Board approved staff to leave and close the office at 3:30 pm on May 27, 2026, to attend Domenic Fermano's wake. Motion by Mr. Lucey, seconded by Mr. Ranaghan.
*All present were in favor.
Future Meeting dates: June 17, 2026, 8:30 am; July 22, 2026,8:30 am; August 19, 2026, 8:30 am
VOTE: To adjourn the meeting 10:14 am, Motion by Mr. Lucey, seconded by Mr. Ranaghan, it was voted:
*All present were in favor
Warren Atkinson Jr., Chairman
Domenic Fermano, Appointed Member
Scott Lucey, Board Appointed
John Hall, Elected Member
Charles Ranaghan, Ex-Officio
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