The nomination papers of the following candidates have been approved and there will be an election starting next week for the fourth board member position on the retirement board. Voting is by mail-in ballot and is restricted to members and retirees of this retirement system. Please watch the mail for a ballot to be delivered to you, which you will mark appropriately and return to the retirement office by December 6, 2016.
Term of office – January 1, 2017 to December 31, 2019
DAVID GENDRON – Incumbent, Retired Police Chief, Town of Erving
GABRIELE VOELKER – Finance Director/Treasurer, Town of Orange
KEVIN FOX – Town Coordinator, Town of Colrain
The retirement system – Advisory Council, Board, and staff are in no way endorsing any candidate. However, information on each candidate may be found on our website, www.frrsma.com. Click on Election 2016.
Below is basic information about the responsibilities of a board member. For more in-depth reading visit the “Board Members” page on our website www.frrsma.com.
840 CMR 1.00: Protection of Interests of Retirement System Members and their Beneficiaries
1.01 Board Members’ Duty
A board member shall discharge all of his/her duties solely in the interest of members and their beneficiaries
(1) For the exclusive purpose of:
(a) providing benefits to members and their beneficiaries; and
(b) defraying reasonable expenses of administering the system.
(2) With the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of like character and with like aims.
(3) By diversifying the investments of the system so as to minimize the risk of large losses, unless under the circumstances it is clearly prudent not to do so.
4) In accordance with the Massachusetts General Laws, the rules and regulations promulgated by the Commission, and rules and regulations adopted by the Board and approved by the Commission.
Thank you for participating – please vote.
Dale Kowacki, Executive Director
