Loading...
HomeMy WebLinkAbout2000-03-27 POPB MINUTES,• • • • POLICE PENSION BOARD MEETING March 27, 2000 The regular meeting of the Englewood Police Pension Board was called to order by Chairperson Norm Wood, at 4 :02 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 Tom Bums , Mayor Gary Condreay, Employee Representative Frank Gryglewicz, Director of Financial Services (arrived 4 :08) Ralph "Rick" Forbes , Employee Representative James Phelps , Council Appointee None Carol Wescoat , Recording Secretary * * * * * MR. CONDREAY MOVED TO APPROVE THE MINUTES OF THE REGULAR MEETING OF JANUARY 13 , 2 000 AND THE TELEPHONE POLL OF MARCH 6 , 2000. MR. PHELPS SECONDED. Ayes : Nays : Absent: The motion carried. Wood, Bums, Forbes, Condreay, Phelps None Gryglewic z Mr. Gryglewic z arrived 4:08 * * * * * OLD BUSINESS Review of Plan amendments. The Board reviewed the proposed amendments and discussed the changes required by the IRS . MR. PHELPS MOVED TO APPROVE THE PLAN DOCUMENT AMENDMENTS. MR. GRYGLEWICZ SECONDED. Ayes: Nays: Absent: The motion carried . Wood, Bums, Forbes , Condreay, Gryglewicz, Phelps None None Approval of the DROP forms . The Board reviewed the application form and irrevocable DROP agreement. MR. GRYGLEWICZ MOVED TO ACCEPT THE APPLICATION FORM AND THE IRREVOCABLE DEFERRED RETIREMENT OPTION PLAN AGREEMENT AND RESIGNATION OF EMPLOYMENT. MR. CONDREAY SECONDED. Ayes: Nays: Absent: The motion carried . NEW BUSINESS Wood, Bums, Forbes, Condreay, Gryglewicz, Phelps None None FPP A quarterly and annual reports. The Board reviewed the quarterly and annual statements from the Fire and Police Pension Association. The Board discussed the 1999 earnings. Ayes: Nays: Absent: The motion carried. Wood, Bums, Forbes , Condreay, Gryglewicz , Phelps None None Police Officers Pension Board 2 •, • • • • • • Consideration of request from L. Gary Kasson . The Board reviewed a memo from Dan Brotzman, City Attorney. Chairperson Wood expressed concern that Mr. Brotzman's response did not comply with the Plan as it had been written at the time Mr. Kasson resigned . MR. PHELPS MOVED TO TABLE GARY KASSON'S REQUEST. MR. CONDREAY SECONDED. Ayes: Nays: Absent: The motion carried. MEMBERS CHOICE Wood, Bums, Forbes , Condreay, Gryglewicz, Phelps None None No items were discussed MR. PHELPS MOVED TO ADJOURN. MR. CONDREAY SECONDED. Ayes: Nays: Absent: The motion carried. Wood, Bums, Forbes, Condreay, Gryglewicz, Phelps None None The meeting adjourned at 4:35 p.m. Carol Wescoat Recording Secretary 3 Police Officers Pension Board