741 Colonel Ledyard Highway  
Ledyard, Connecticut 06339  
TOWN OF LEDYARD  
CONNECTICUT  
Retirement Board  
~ AGENDA ~  
Chairman  
John Rodolico  
Regular Meeting  
10:00 AM  
Tuesday, December 17, 2024  
REMOTE MEETING INFORMATION  
Zoom Meeting Link:  
Council Chambers - Hybrid Format  
https://us06web.zoom.us/j/89570756810?pwd=kKELRWEttCCdHCDaGbRW03ljDCTzYt.1  
Meeting ID: 895 7075 6810  
Passcode: 366719  
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I.  
CALL TO ORDER  
ROLL CALL  
II.  
III.  
PRESENTATIONS  
Frederica Daniels, USI Actuaries will be presenting the GASB Disclosure Report for the  
fiscal year ending June 30, 2024.  
1.  
Town of Ledyard - GASB Disclosure Report for FYE 6-30-2024  
Attachments:  
REVIEW AND APPROVAL OF MINUTES  
Motion to APPROVE Regular Meeting Minutes from November 19, 2024, as written.  
Retirement minutes 11-19-24  
IV.  
1.  
Attachments:  
DIRECTOR OF HUMAN RESOURCES UPDATE  
Director of Human Resources update.  
FINANCE DIRECTOR'S REPORT  
Finance Director’s Report.  
VII. OLD BUSINESS  
Discuss Amendment 2015-1 to the Retirement Plan for Full-Time Employees of the Town  
V.  
1.  
VI.  
1.  
1.  
of Ledyard continued.  
Amendment to Full-Time Employee continued employment  
Amendment 2024-1 to ret plan for full-time employees draft 11-19-24  
DBP Amendment 2024-1  
Attachments:  
DBP Amendment 2024-1 (Mayor edits)  
Any Other Old Business to come before the Board.  
2.  
VIII. NEW BUSINESS  
Motion to APPROVE a monthly retirement benefit for Bobby Kempke in the amount of  
$2,469.62 as of December 1, 2024, payable in the normal form of a Modified Cash Refund  
Annuity based on his service and earnings through this retirement date.  
1.  
2.  
Kempke, Bobby - Benefit Package (BCD 12-1-2024)  
Attachments:  
Motion to APPROVE payment of invoice #609_12312024, to Fiducient Advisors, dated  
December 6, 2024, in the amount of $12,849.65, for consulting costs for the Town of  
Ledyard Defined Benefit Pension Plan for the billing period October 1, 2024, to December  
31, 2024.  
12312024Ledyard, Town of-Defined Benefit  
Attachments:  
Motion to APPROVE payment of USI invoice # 90103509, dated November 30, 2024, for  
benefit calculations for Bobby Kempke and Belinda Learned in the amount of $400.00 each  
for a total of $800.00.  
3.  
4.  
USI invoice 90103509 11-30-24  
Attachments:  
Any Other New Business to come before the Board.  
IX.  
ADJOURNMENT  
DISCLAIMER: Although we try to be timely and accurate these are not official records of the  
Town.