HomeMy WebLinkAbout2008-08-14 POPB MINUTESPOLICE PENSION BOARD MEETING
August 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 ,
I 000 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
Dan Brotzman, City Attorney
Mary Brauer, Attorney
A quorum was present.
* * * * *
Approval of Minutes.
MR. GR YGLEWICZ MOVED TO APPROVE THE MINUTES OF THE REGULAR
MEETING OF FEBRUARY 14, 2008. MR. PHELPS SECONDED .
Ayes:
Nays:
Absent:
The motion carried.
Condreay, Egri , Gryglewicz , Phelps, Wood, Woodward
None
None
Review of FPP A Plan Statements.
The Mr. Gryglewicz reviewed the quarterly statements from the Fire and Police Pension
Association (FPPA).
January l, 2008 actuarial report.
Mr. Gryglewicz reviewed the January 2008 actuarial report. The report indicates a required
contribution of $289 ,033 for 2009 and 2010.
MR GRYGLEWICZ MOVED TO APPROVE THE JANUARY 1, 2008 ACTUARIAL
REPORT. MR. PHELPS SECONDED .
Ayes:
Nays:
Absent:
The motion carried.
Condreay , Egri, Gryglewicz, Phelps, Wood, Woodward
None
None
Discussion of Plan amendment for IRS filing 2008.
Ms. Brauer reviewed the Plan amendments necessary during 2008 to maintain the qualified
status of the Plan. The Board agreed to review the redlined copy of the Plan Document
before filing.
MR. GRYGLEWICZ MOVED TO APPROVED RECOMMENDING TO CITY COUNICL
THE 2008 PLAN AMENDMENTS. MR. PHELPS SECONDED.
Ayes:
Nays:
Absent:
The motion carried.
Condreay , Egri, Gryglewicz, Phelps, Wood , Woodward
None
None
Consideration of benefit for Roberta Holmes, surviving spouse of Robert Holmes.
Robert Holmes, retired police officer, passed away June 16 , 2008 .
MR. GRYGLE WICZ MOV E D TO APPROVE THE MONTHLY SURVIVOR'S BENEFIT
FOR ROBERTA HOLMES OF $1,414.21 BEGINNING JULY 1, 2008. MR. CONDREAY
SECONDED.
Ayes:
Nays :
Absent:
The motion carried .
Condreay, Gryglewicz, Egri , Phelps , Woodward , Wood
None
None
Consideration of benefit for Carol Kasson, surviving spouse of L. Gary Kasson.
L. Gary Kasson, retired police officer, passed away June 17 , 2008 .
Poli ce Officers Pe ns ion Board
2
' !
. ,
MR. GRYGLEWICZ MOVED TO APPROVE THE MONTHLY SURVIVOR'S BENEFIT
FOR CAROL KASSON OF $513.20 BEGINNING JULY 1, 2008. MR. CONDREAY
SECONDED.
Ayes:
Nays:
Condreay, Gryglewicz, Egri, Phelps, Woodward, Wood
None
Absent: None
The motion carried.
MEMBER'S CHOICE
The Board agreed to cancel the November 13 meeting unless an issue requiring Board action
would make a meeting necessary.
The meeting adjourned at 3 :27 p.m.
~rdlJkdk~
Carol Wescoat
Recording Secretary
Police Officers Pension Board
3