HomeMy WebLinkAbout1995-10-19 POPB MINUTES'J
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POLICE PENSION BOARD :MEETING
October 19, 1995
A regular meeting of the Englewood Police Pension Board was called to order by Chairperson
Norm Wood, at 2 :35 p.m . in Conference Room A of the City of Englewood City Hall, 3400
South Elati Street.
Members Present:
Members Absent:
Others Present:
Norm Wood, Chairperson
James Phelps, Council Appointee
Frank Gryglewicz, Director of Financial Services
Tom Burns, Mayor
Steven Knoll, Employee Representative
Gary Condreay, Employee Representative
Dan Brotzman, City Attorney
Carol Wescoat, Recording Secretary
A quorum was present.
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Approval of Minutes
MR GR YGLEWICZ MOVED TO APPROVE THE MINUTES OF THE REGULAR
:MEETING OF JULY 13, 1995, AND THE TELEPHONE POLL OF AUGUST 28, 1995 .
MR . PHELPS SECONDED .
Ayes:
Nays :
Absent:
Abstain :
The motion carried .
OLD BUSINESS
Wood, Phelps, Knoll, Gryglewicz
None
Condreay
Burns
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Consideration of retirement benefit request by Frank Lawler.
Chairperson Wood stated Frank Lawler requested retirement benefit effective as of August 3,
1995 . Officer Lawler will attain age 55 on August 2, 1995. Chairperson Wood requested
that Officer Lawler 's date of birth be verified prior to approving the request.
MR. GRYGLEWICZ MOVED TO APPROVE A MONTHLY RETIREMENT BENEFIT IN
THE AMOUNT OF $1,876.08, FOR FRANK LAWLER EFFECTIVE AUGUST 3, 1995 .
MR . KNOLL SECONDED .
Ayes :
Nays :
Absent :
The motion carried .
Wood, Phelps, Knoll, Gryglewicz, Bums
None
Condreay
Review of fund transfer to Dodge & Cox
Mr. Gryglewicz reviewed the transfer of funds from Mellon Trust to Dodge and Cox . The
primary transfer was accomplished on September 28, 1995 . Mr. Forbes with Mellon Trust
has indicated a minimal amount of accrued interest will be credited to the account in October.
Final transfers will be done at that time .
Board notification of spousal benefit verification .
Ms . Wescoat stated all individuals receiving spousal benefits have completed and returned the
information request.
Colorado Public Pension Conference
Ms . Wescoat reviewed the 1995 Colorado Public Pension Conference .
NEW BUSINESS
Review of Police & Fire Pension Plan -QDRO's Research
Mr. Brotzman reviewed his opinion relating to changes in the Colorado State Statutes
interpretation as it relates to QDRO's (Qualified Domestic Relation Orders). His opinion states
the interpretation has not changed . The retirement benefit for either police or firefighters in the
State of Colorado may only be attached for purposes of child support claims .
MEMBERS CHOICE
1995 Elections
Chairperson Wood announced his decision to remain on the Board after his January 1996
retirement. However, he has withdrawn his name as possible candidate for the Board
Chairperson position .
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An election will be conducted for Mr. Knoll 's, December 31 , 1995 , expiring term . Mr.
Phelps ' position will also expiring on February 1, 1996 . The City Council will proceed with
the usual applications for the position .
Recov ery of 20% Supplemental Disability Benefit from the Beneficiary of Grady Brackeen
Mr. Phelps inqu ired about the current status of the matter. No response has been received
from the pri v ate collection agency .
MR . PHELPS MOVED TO ADJOURN. MR . GRYGLEWICZ SECONDED .
Ayes :
Nays :
Absent:
The motion carried .
Wood , Phelps, Knoll , Burns, Gryglewicz
None
Condreay
The meeting adjourn ed at 3 : I 0 p .m .
Carol Wescoat
Recording Secretary
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