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HomeMy WebLinkAbout2000 Resolution No. 098• • RESOLUTION NO.~ SERIES OF 2000 A RESOLUTION APPROVING AN INCREASE IN BENEFITS FOR THE RETffiED POLICE OFFICERS. WHEREAS, Re10lution No. 92 , Series of 2000 , which waa passed on November 20, 2~, by the Englewood City Council liated the incorrect dates for the pension benefit increaw,; and WHEREAS, the paasage of this Reaolutic,n is required to rorrect the dalA!s of Re•olution No . 92, Series of 2000; and WHEREAS, the Englewood Police OJ;-:era Pension Board reviewed the benefits for the Police Officer Retirees and recommends approval of a $100 monthly increase for those Police Officera who have retired as of December Sl, 1998; and WHEREAS, the passage ofthia Resolution will increase retired Police Officers pension payments, and is to berome effective January 1, 2001 for those Police Officera who retired prior to December 31 , 1998; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD , COLORADO, THAT: Ss:s:tiwl..1-The City Council of the City of Englewood hereby vacates Reaolution No. 92, Series of 2000 . ~11.ll-The City Council of the City of Englewood hereby approves the increase in benefits for the retired Police Officers Effective January I , 2001. All members whose payments commenced prior to December 31 , 1998, shall receive an increase of one hundred dollars ($100.00) per month to their pension benefits with surviving spouses receiving a fifty dollar ($50.00) per month pension benefit increase. ADOPTED AND APPROVED this 18th of December, 2000. ~ _I I d4 / • · ~m~7'1ayor I, Loucrishia A. Elli s. City Clerk for,\11> City of Englewood . above is a true copy of Resolution No .'ZtJ.. Series of 2 COUNCIL COMMUNICATION Date Agenda Item Subject December 18, 2000 Resolution to correct Resolution 92, Series 2000, an Increase In 10c iii benefits for Police Officer retirees effective January 1 , 2001 for those rettroo as of December 31, 1998. Initiated By I Staff Source City of Englewood, Finance and Administrative Frank Gryglewicz, Director Services Deoartment COUNCIL GOAL AND PREVIOUS COUNCIL ACTION Resolution 92 , Series 2000, was passed on November 20, 2000, listed incorrect dates for the pension increase . RECOMMENDED ACTION The Police Officers Pension Board approved a $100 per month benefit increase effective January 1, 2001 to all participants retired as of December 31, 1998, and a $50 increase to surviving spouses receiving benefits prior to December 31, 1998. The Board requests City Council approve a resolution to correct the date previously listed as January 1, 1998 to be, for participants retired as of Decembsr 31 , 1998, supporting their decision. FINANCIAL IMPACT This action will not directly impact the financial condition of the City of Englewood as the Police Officer Pension Fund is currently fully funded and the City is only making required minimum contributions . UST OF ATTACHMENTS Minutes from the October 12, 2000 Police Pension Board Meeting Proposed resolution POLICE PENSION BOARD MEETING October 12, 2000 The regular meeting of the Englewood Police Pension Board was called to order by Chairperson Norm Wood, at I :36 p.m. in Administrative Services Conference Room, City of Englewood Civic Center, 1000 Englewood Parkway. Members Present : Members Absent : Others Present : Norm Wood , Chairperson Gary Condreay, Employee Representative Frank Gryglewicz, Director of Finance and Administrative Se;vices Ralph ·'Rick" Forbes , Employee Representative James Phelps , CoUIICil Appointee Tom Bums , Mayor (Notice) Byron Wicks, Englewood Police Officer (arrived I :38 t,-m,) Dan Brotzman, City Attorney (arrived I :38 p.m .) ' · ' Carol Wescoat, Recording Secretary A quorum was present. 1101T::>A 0:1 / '. " l ••••• APPROVAL OF MINUTES MR. FORBES MOVED TO APPROVE TIIE MINUTES OF TIIE REGULAR MEETING OF JULY 13, 2000. MR. PHELPS SECONDED . Ayes : Nays: Absent: Abstention : The motion carried. Wood, Forbes , Gryglewicz, Phelps None Burns Condreay Mr. Brotzman and Mr . Wicks arrived at I :38 p.m . . . . . . OLD BUSrNESS • • Review of lgnuary J. 2000 Actuarial Report Mr . Gryglewicz reviewed the corrected actuarial report and the proJ)C'sed retiree inc=e, MR. GR YGLEWICZ MOVED TO ACCEPT THE JANUARY I, 2000 ACTUARIAL RE'.'ORT . MR. CONDREAY SECONDED. Ayes : Nays: Absent: The motion carried. Wood, Condreay, Forbes , Gryglewicz, Phelps None Burns Discussion ensued regarding the proposed retiree inr,rease of eimer $50 or S 100 per month. MR . PHELPS MOVED TO RECOMMEND TO CITY COUNCIL A BENEFIT INCREASE EFFECTIVE JANUARY I, 200 I OF SI 00 FOR RETIREES RETIRED PRIOR TO DECEMBER 31, 1998 WITH A $50 INCREASE FOR SUR VIVINO SPOUSES . MR. FORBES SECONDED. Ayes: Nays : Absent: The motion carried . NEW BUSINE~.S Wood, Condreay, Forbes, Gryglewicz, Phelps None Burns Notification of George Mason death. George Mason died on September 5, 2000. Mr. Mason 's spot!!:e had preceded him in death. No further benefits are payable. The benefit paid for the month of September will be the final payment. FPPA has been notified of the death . Consideration of bene fi t request from Clavton Fomington Clayton F orington was a police officer from Jul y 1, I 975 to September 22, 2000 . Mr. Forington has completed the required 25 years of service and has rcque5ted retirement benefits. MR. CONDREAY MOVED TO APPROVE A MONTHLY BENEFIT OF $2.273 .63 FOR CLAYTON FORfNGTON EFFECTIVE SEPTEMBER 23. 2000 . MR . FORBES SECONDED . Poli<.c Officers Pension Board Ayes : Nays: Absent : The motion carried. Wood, Condreay, Forbes, Gryglewicz, Phelps None Burn~ FPPA guarterlv reports . ,. r .. ,. +, ~ I' The Board reviewed the qu:i.-:e rly and :u~~ual statements from the Fire and Police Pension Assoc iation . Notification of Garv Condrcav 's tr:rm e,cpiration . Gary Condrcay 's term expires December 31 , 2000 . Nominations will be solicited and an election held to fill the vacant ;,osition of the Board . MEMBERS CHOICE Byron Wicks reviewed his employment service with the City of Glendale and the Larimer County Sheriffs Deparunent. Mr. Wicks understands that the service with Glendale is included as service time for the calculation of benefit for the Englewood Plan. He also requests the Board consider adding his time with Larimer County toward his service credits. Chairperson Wood re:alled approving service credit for the period Mr. Wicks was with Glendale . The Board ,viii review the documentation on file and revisit the matter to verify credit was approved for u:e service as a Glendale police officer. Chairperson Wood stated that it is his understanding .fiat the Colorado State Statutes allow for. service credits to transfer between municipalities. but not from sheriffs deparunents. Mr. Wicks will review the Colorado State Statutes and will contact the Board ifhe finds any discrepancy ,vith Chairperson Wood's statement. MR . FORBES MOVED TO ADJOURN . MR . CONDREAY SECONDED. Aye s: Nays: Absent: Th< motion carried . Wood . Condreay , Forbes, Gryglewic z. Phelp s None Burns Police Officers Pension Board • •