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HomeMy WebLinkAbout2008-02-14 POPB MINUTESPOLICE PENSION BOARD MEETING February 14, 2008 The regular meeting of the Englewood Police Pension Board was called to order by Chairperson Norm Wood, at 3 :00 p.m. in Public Works Conference Room, Civic Center, 1000 Englewood Parkway. Members Present: Members Absent: Others Present: Norm Wood, Chairperson Frank Gryglewicz, Director of Finance and Administrative Services Gary Condreay, Employee Representative George Egri, Employee Representative James Phelps, Council Appointee Jim Woodward, Mayor None None A quorum was present. * * * * * Seating of Board Members Gary Condreay and James Phelps. The Board congratulated Gary Condreay on his election and James Phelps on this re- appointment to the Police Officers Pension Board. Election of Board Chairperson/President MR. GRYGLEWICZ MOVED TO NOMINATE NORM WOOD AS CHAIRPERSON. MR. EGRI SECONDED. Ayes: Nays: Absent: Abstention: The motion carried. Approval of Minutes. Gryglewicz, Egri, Phelps , Woodward None Condreay Wood MR. GRYGLEWICZ MOVED TO APPROVE THE MINUTES OF THE REGULAR MEETING OF AUGUST 9, 2007. MR. PHELPS SECONDED . Ayes: Nays: Absent: Abstention: The motion carried. Gryglewicz, Egri, Phelps , Wood None Condreay Woodward Review of FPP A Plan Statements. The Mr. Gryglewicz reviewed the quarterly statements from the Fire and Police Pension Association (FPPA). Discussion of optional studies for 2008 actuarial report. The Board discussed possible studies that would be included in the January 2008 actuarial report. Mr. Condreay arrived. MR. PHELPS MOVED APPROVE AN ADDITIONAL STUDY INCREASING THE MONTHLY MEMBER BENEFIT BY $100 AND THE SURVIVOR'S BENEFIT BY $50 AS OF JANUARY 1, 2009 FOR MEMBERS RETIRED ON OR AFTER JANUARY 1, 2008. MR. GRYGLEWICZ SECONDED. Ayes: Nays: Condreay, Gryglewicz, Egri, Phelps, Woodward, Wood None Absent : None The motion carried. Review of 2007 Attendance. The board reviewed the attendance of the 2007 meetings. Notification of death of Dale Clawson. Dale Clawson, retired police officer, died on August 26, 2007. Mr. Clawson was unmarried at the time of his death. No further benefits were due after August 2007. Notification of death of Lillian Carpenter, survivor of Charles Carpenter. P o li ce Offi cers Pension Board 2 Lillian Carpenter died September 3, 2007. No further benefits are due after September 2007. Consideration of benefit for Bobbie Hall, surviving spouse of Robert Hall. Robert Hall was a police officer from 1964 to 1978 and retired during 1986. He passed away November 18, 2007. MR. GRYGLEWICZ MOVED TO APPROVE THE MONTHLY SURVIVOR'S BENEFIT FOR BOBBIE HALL OF $419.33 BEGINNING DECEMBER 2007. MR. PHELPS SECONDED. Ayes: Nays: Condreay, Gryglewicz, Egri, Phelps, Woodward, Wood None Absent: None The motion carried. Notification of death of Dorothy Rowland, survivor of Clifford Rowland Dorothy Rowland died December 13, 2007. No further benefits are due after December 2007. MEMBER'S CHOICE The Board discussed blocking out of the Social Security number on various documents presented to the Board. The meeting adjourned at 3 :25 p.m. ~~~~ Carol Wescoat Recording Secretary Police Officers Pension Board 3