HomeMy WebLinkAbout2017-08-10 POPB MINUTES•
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POLICE OFFICERS PENSION BOARD MEETING
August 10, 2017
The regular meeting of the Englewood Police Officers Pension Board was called to order by Chairperson
Egri, at 2:37 p.m. in the Public Works Conference Room, Civic Center, 1000 Englewood Parkway,
Englewood, Colorado.
Members Present:
Members Absent:
Others Present:
A quorum was present.
George Egri, Chairperson, Employee Representative
Gary Condreay, Employee Representative (by phone)
Kathleen Rinkel, Director of Finance and Administrative Services
Steve Knoll, Employee Representative
Carol Wescoat, Recording Secretary
Vacancy, Council Appointee
Joe Jefferson, Mayor (No Notice)
None
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The Board did not have a quorum for the February 9, 2017 meeting so the agenda items were carried
forward to this meeting.
Notification of City Council Appointee Position Vacancy
The Board discussed that the City Council has not received any citizens' applications for the Board
vacancy with the past two go-arounds of requests. The Board was encouraged to reach out to possible
citizen candidates that might be interested in serving on the Board.
Seating of Reelected Employee Member Gary Condreay, Retiree
The Board congratulated Mr. Condreay on being reelected to the Police Officers Pension Board.
Election of Chairperson/President
MR. KNOLL MOVED TO NOMINATE GEORGE EGRI AS CHAIRPERSON. MS. RINKEL
SECONDED .
Ayes:
Nays:
Absent:
Abstention:
Condreay, Knoll, Rinkel
None
Jefferson
Egri
I The motion carried.
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Approval of August 11, 2016 Meeting Minutes
CHAIRPERSON EGRI MOVED TO APPROVE THE AUGUST 11, 2016 MINUTES . MS . RINKEL
SECONDED.
Ayes:
Nays:
Absent:
The motion carried.
Condreay, Egri, Knoll, Rinkel
None
Jefferson
Review of FPPA Plan Statements
The Board reviewed the Fire and Police Pension Association (FPPA) statements.
Mr. Knoll inquired about the difference of investment fees verses administration fees. Ms. Wescoat explained
the administration fees includes issuing and processing the retiree payments, actuarial reports and overall
administrative fees. Where the investment fees are typically fees passed on from the various investment choices
of the FPPA pooled assets.
Notification of Death of Walter Smith (9/1712016)
Walter Smith, retired police officer, died on September 17, 2016. Mr. Smith was not survived by a spouse
and there are no further benefits due after September 2016.
Consideration of cancelling the November meeting making the next meeting February 2018
The Board agreed to cancel the November meeting unless there is an urgent matter requiring the Board's
attention. The next meeting will be tentatively held on Thursday, February 8, 2018.
Member's Choice
No items were discussed
The meeting adjourned at 2:50 p.m .
Isl Carol Wescoat
Carol Wescoat
Recording Secretary
Police Officers Pension Board
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