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HomeMy WebLinkAbout2002-07-11 POPB MINUTESPOLICE PENSION BOARD MEETING July 11, 2002 The regular meeting of the Englewood Police Pension Board was called to order by Chairperson George Egri, at 3:15 p.m. in Public Works Conference Room, Civic Center, 1000 Englewood Parkway. Members Present: Members Absent: Others Present: A quorum was present. APPROVAL OF MINUTES George Egri, Chairperson Bev Bradshaw, Mayor Frank Gryglewicz, Director of Finance and Administrative Services Jam es Phelps, Council Appointee Nom1 Wood, Employee Representative Ralph "Rick" Forbes, Employee Representative (Notice) Carol Wescoat, Recording Secretary Dan Brotzman, City Attorney * * * * * MR. WOOD MOVED TO APPROVE THE MINUTES OF THE REGULAR MEETING OF APRIL 24, 2002. MR. PHELPS SECONDED. Ayes: Nays: Absent: The motion can-ied. OLD BUSINESS Egri, Bradshaw, Phelps, Gryglewicz, Wood None Forbes * * * * * No old business was discussed NEW BUSINESS Consideration of A. Allen Wardlaw 's Retirement Request. A. Allen Wardlaw, police officer, was employed by the City of Englewood on June 9, 1977. Mr. Wardlaw has requested retirement as of June 9, 2002. He has the required twenty-five years of service credits to qualify for retirement. MAYOR BRADSHAW MOVED TO APPROVE A. ALLEN W ARDLA W'S MONTHLY RETIREMENT BENEFIT OF $2,461.26 AS OF JUNE 10, 2002. MR. GRYGLEWICZ SECONDED. Ayes : Nays: Absent: The motion carried. Egri, Bradshaw, Phelps, Gryglewicz, Wood None Forbes Review of January l, 2002 Police Officers Actuarial Report Mr. Gryglewicz reviewed the January 1, 2002 Police Officers Actuarial Report. MR. WOOD MOVED TO ACCEPT THE JANUARY 1, 2002 POLICE OFFICERS ACTUARIAL REPORT. MR. PHELPS SECONDED . Ayes: Nays: Absent: The motion carried. MEMBERS CHOICE Egri, Bradshaw, Phelps, Gryglewicz, Wood None Forbes Mr. Wood reminded the Board that the Fire and Police Pension Association discontinued the benefit for Al Garfunkle without notifying and obtaining Board approval. He did not think that any fom1al action to discontinue the benefit had been taken by the Board. MR. WOOD MOVED TO DISCONTINUE AL GARFUNKLE'S RETIREMENT BENEFIT AS OF THE DATE OF HIS DEATH. CHAIRPERSON EGRI SECONDED . Ayes: Egri, Bradshaw, Phelps, Gryglewicz, Wood Nays: None Police Officers Pe nsion Board 2 Absent: Forbes The motion carried . Ms. Wescoat notified the Board that the Internal Re venue Service has issued a Letter of Dete1mination for the Plan based upon the Board adoptin g a plan amendment proposed by Tim Par sons , Attorne y-at-La w, Gorsuch Kirgis . The amendment does not materiall y change the Plan , its eligibility or benefits . MR. PHELPS MOVED TO APPROVE THE PROPOSED PLAN AMENDMENT . MR. EGRJ SECONDED . The Board received an invitation to the Board and Commissions Appreciation Night, August 26, 2002 at 5:30 p.m. MR. PHELPS MOVED TO ADJOURN. MR. GRYGLEWICZ SECONDED. Ayes: Nays: Absent: The motion carried. Egri , Bradshaw , Phelps , Gryglewicz, Wood None Forbes The meeting adjourned at 3 :40 p .m . Carol W escoat Recording Secretary Police Officers Pen s ion Board 3