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The Board unanimously approved five retirement-service credit actions totaling $62,995.02, including a $29,982.62 buyback request. It also approved transferring a former employee’s account containing $34,788.88 and denied service liability for a former nonmember.
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Five individuals received approval to restore or purchase creditable retirement service based on completed payments or an approved buyback. The Board also approved transferring 3 years and 10 months of service and $34,788.88 to another retirement system. Five new Amesbury employees were enrolled, and the Board authorized the chairperson to sign an actuarial services agreement.
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