HomeMy WebLinkAbout1999-04-22 POPB MINUTESPOLICE PENSION BOARD MEETING
April 22 , 1999
The regular meeting of the Englewood Police Pension Board was called to order by
Chairperson Norm Wood, at 3 :03 p .m . in Conference Room A, City of Englewood City Hall ,
3400 South Elati Street.
Members Present :
Members Absent :
Others Present :
A quorum was present.
APPROVAL OF MINUTES
Norm Wood, Chairperson
Gary Condreay, Employee Representative
Ralph "Rick" Forbes, Employee Representative
Frank Gryglewicz, Director of Financial Services
James Phelps, Council Appointee
Tom Bums, Mayor (notice)
Dan Brotzman, City Attorney
Carol Wescoat, Recording Secretary
* * * * *
MR. GRYGLEWICZ MOVED TO APPROVE THE MINUTES OF THE REGULAR
MEETING OF JANUARY 14 , 1999 . MR. CONDREAY SECONDED.
Ayes :
Nays :
Absent:
The motion carried .
OLD BUSINESS
Wood, Forbes, Phelps, Condreay, Gryglewicz
None
Bums
* * * * *
Discussion of Deferred Retirement Option Plan (DROP) and Plan document amendments
Ms. Wescoat reviewed the draft Plan document amendments. The Board agreed to the
amendments, and to finalize the Plan .
Discussion of possible benefit enhancements
Ms. Wescoat presented the Buck Consultants benefit increase study .
MR. GRYGLEWICZ MOVED TO APPROVE A $100 PER MONTH INCREASE
EFFECTIVE JANUARY 1, 1999 FOR PARTICIPANTS RETIRED AS OF JANUARY 1,
1998. MR. CONDREAY SECONDED.
Ayes :
Nays :
Absent :
The motion carried .
NEW BUSINESS
Wood, Forbes, Phelps, Condreay, Gryglewicz
None
Bums
Confirmation of Sheridan service credits and notification of benefit request from David Sil by
Dan Brotzman requested the Board obtain an affidavit from Thomas Vandermee confirming
his knowledge of Officer Silby ' s service with Sheridan. The Board accepted the service
verification affidavit from Thomas Vandermee as confirmation of Officer Silby ' s service .
David Silb y has requested retirement benefits as of August 2, 1999 . The Board will review
the request at the next regular Board meeting after that date .
MEMBERS CHOICE
No items were discussed
MR. PHELPS MOVED TO ADJOURN. MR. CONDREAY SECONDED .
Ayes :
Nays :
Absent :
The motion carried.
Wood, Forbes, Phelps, Condreay, Gryglewicz
None
Bums
The meeting adjourned at 4 :00 p .m.
Carol Wescoat
Recording Secretary
Po lice O ffi cers Pension Board
2