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HomeMy WebLinkAbout2013-02-21 FPB MINUTES• FIREFIGHTERS PENSION BOARD MEETING February 21 , 2013 The regular meeting of the Englewood Firefighters Pension Board was called to order by Chairperson Kieth Lockwood at 3:00 p .m . in the Public Works Conference Room of the Englewood Civic Center, 1000 Englewood Parkway. Members Present: Members Absent: Others Present: A quorum was present. Kieth Lockwood , Chairperson, Employee Representative John Garcilaso, Secretary, Employee Representative Frank Gryglewicz, Director of Finance and Administrative Services Grayson Hartley, Employee Representative Randy Penn , Mayor (arrived 3 : 12 a .m.) Carolyne Wilmoth , Council Appointee (no notice) Don and Marilyn Seymour, Retired Volunteer and spouse * * * * * Seating of Reelected Board Member, John Garcilaso • The Board congratulated John Garcilaso on his reelection to the Firefighters Pension B o ard. • Election of Board Chairperson /President and Secretary MR. GARCILASO NO MINA TED KIETH LOCKWOOD CHAIRPERSON/PRESIDENT. MR. GRYGLEWICZ SECONDED . Ayes: Nays: Absent: Abstention: The motion carried. Garcilaso , Gryglewicz, Hartley None Wilmoth, Penn Lockwood CHAIRPERSON LOCKWOOD NOMINATED JOHN GARCILASO SECRETARY . MR. GRYGLEWICZ SECONDED . Ayes : Nays: Absent: Abstention: The motion carried . Gryglewicz, Hartley, Lockwood None Wilmoth , P e nn Garcilaso Approval of November l, 2012 Regular Meeting Minutes. MR. GARCILASO MOVED TO APPROVE THE NOVEMBER 1, 2012 MINUTE S OF THE REGULAR BOARD MEETING. MR. GRYGLEWICZ SECONDED. Ayes : Nays: Absent: The motion carried . Lockwood , Garcilaso, Gryglewicz, Hartley None Wilmoth , Penn Review of FPPA Volunteer and Firefighters Plan Statements Mr . Gryglewicz reviewed the year-end stat~ments . Consideration of Studies to be included with the January l, 2013 Volunteer Firefighters Actuarial Report The Board discussed requesting additional studies to be included with the 2013 Volunteer Firefighters actuarial report. Mayor Penn arrived at 3:12 p.m. The Board discussed, given the current funding level s, there may not be sufficient funds to provide an increase. The Board requested an additional study to provide a $100 increase as of 2014 and a $50 increase for survivors. There is no additional fee for the study . Notification of Edison, Lucius and McLain Transactions Retirees Edison and Lucius have completed the paperwork necessary to adjust their benefits for electing a 50 % Joint and Survivor benefit. The adjusted payments were made in December 2012. Retiree McLain has not completed the necessary paperwork . Review of Attendance The Board discussed the attendance of the past year. Ms. Wilmoth attended only one meeting and did not provide a notice of absence for the February 21, 2013 meeting. Consideration of cancelling the May meeting making the next meeting August 8, 2013 Unless a matter needing immediate attention requires a May meeting, the next regular meeting will be August 8, 2013. F irefi g hters Pen sion Board Meeting 2 • • • • • • Members Choice Mr. Garcilaso inquired about the procedures staff takes when they are notified of a retiree 's death. Ms. Wescoat explained that once informed of the passing of a retiree, a letter is sent to the family or estate requesting documentation . The letter includes the procedures taken by staff and a notification of the funeral benefit, if any. Mayor Penn invited the Board to the Englewood Business Summit, February 26 , 2013 . Mayor Penn asked the Board for suggestions for the Boards and Commission Appreciation event. The event has been held at Pirates Cove . The Board discussed various venues and options for token appreciation gifts from the City. MR. GRYGLEWICZ MOVED TO ADJOURN. MR. GARCILASO SECONDED . Ayes : Nays: Absent: The motion carried. Lockwood , Garcilaso, Gryglewicz, Hartley, Penn None Wilmoth Meeting adjourned at 3:27 p.m. ~~u)/4d£~ Carol Wescoat Recording Secretary 3 Firefighters P ension Board M ee tin g