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HomeMy WebLinkAbout2002-04-24 POPB MINUTESPOLICE PENSION BOARD MEETING April 24, 2002 The regular meeting of the Englewood Police Pension Board was called to order by Chairperson George Egri, at 4:02 p.m. in City Council Conference Room, Civic Center, 1000 Englewood P arkw ay. Members Present: Members Absent: Others Present: George Egri, Chairperson Ralph "Rick" Forbes , Employee Representative Frank Gryglewicz , Director of Finance and Administrative Services Norm Wood, Employee Representati v e James Phelps, Council Appointee (Notice) Bev Bradshaw, Mayor (Notice) Carol Wescoat, Recording Secretary Dan Brotzman, City Attorney A quorum was present. * * * * * SEATING OF BOARD MEMBER Seating of Board Members, Mayor Bradshaw, Ralph "Rick" Forbes, Jr. The Board welcomed the absent Mayor Bradshaw, congratulated the absent Mr. Phelps on his re-appointment and Mr. Forbes on his election to the Police Officers Pension Board. Election of Board Chairperson/President MR GRYGLEWICZ MOVED TO NOMINATE GEORGE EGRI AS CHAIRPERSON. MR. FORBES SECONDED. Pl.. yes: Nays: Absent: Abstention: The motion carried . V./ood, Forbes, Gr;gle\.vicz None Bradshaw, Phelps Egri APPROVAL OF MINUTES MR. WOOD MOVED TO APPROVE THE MINUTES OF THE REGULAR MEETING OF WLY 12, 2001. MR. GRYGLEWICZ SECONDED. A yes: Nays: Absent: The motion carried. Egri, Forbes, Gryglewic z, Wood None Bradshaw, Phelps MR. WOOD MOVED TO APPROVE THE MINUTES OF THE TELEPHONE POLL OF AUGUST 13, 2001. CHAIRPERSON EGRI SECONDED. Ayes: Nays: Absent: The motion carried. OLD BUSINESS Egri, Forbes, Gryglewicz, Wood None Bradshaw, Phelps * * * * * No old business was discussed NEW BUSINESS Consideration of DROP request from Byron Wicks. Byron Wicks, police officer, was employed by the City of Englewood on September 6, 1977. Mr. Wicks also has service from the City of Glendale from September 21, 1976 to August 29, 1977. Mr. Wicks has requested a Deferred Retirement Option Plan (DROP) retirement as of October 1, 2001. He has the required twenty-five years of service credits to qualify for retirement. MR. GRYGLEWICZ MOVED TO .A.PPROVE THE DROP MONTHLY BENEFIT OF $3 ,463.98 FOR BYRON WICKS EFFECTIVE OCTOBER 1, 2001 . CHAIRPERSON EGRI SECONDED . Ayes : Egri , Forbes , Gryglewic z, Wood Nays: None Police Officers Pension Board 2 Absent: Bradshaw, Phelps The motion carried. Consideration of DROP request from Ralph "Rick" Forbes, Jr. Ralph "Rick" Forbes , Jr ., police officer, was employed by the City of Englewoo d on September 1, 1973 . Mr. Forbes has requested a Deferred Retirement Option Plan (DROP) retirement as of November 1, 20 01. He has the required tw enty five years of service credits to qualify for retirement. MR. GRYGLEWICZ MOVED TO APPROVE THE DROP MONTHLY BENEFIT OF $3,148.28 FOR RALPH "RICK" FORBES, JR. EFFECTIVE NOVEMBER 1, 2001. MR. EGRI SECONDED. Ayes: Nays: Absent: Abstention: The motion carried. Egri, Gryglewicz, Wood None Bradshaw, Phelps Forbes Notification of A . Allen Wardlaw's Retirement Request. The Board was informed that Mr. Wardlaw submitted his request to retire as of June. The Board will approve his request at the next regular meeting . Review ofFPPA Plan Statements. The Board reviewed the quarterly and annual statements from the Fire and Police Pension Association (FPP A). Ms. Wescoat informed the Board that the Firefighters Pension Board invited the Board to attend their next regularly scheduled meeting. The Fire and Police Pension Association (FPP A) is scheduled to present the fund investments. The me eti ng is scheduled for July 11 , 2002, 4:00 p.m. Review of the 2001 attendance. The Board reviewed the 2001 attendance. Polic e Officers Pension Board 3 MEMBERS CHOICE No items were discussed. MR. FORBES MOVED TO ADJOURN. MR. WOOD SECONDED. Ayes: Nays: Absent: The motion carried. Egri, Forbes, Gryglewicz , Wood None Bradshaw, Phelps The meeting adjourned at 4: 17 p.m. Carol Wescoat Recording Secretary 4 Pol ice Officers Pension Board