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HomeMy WebLinkAbout2013-08-08 FPB MINUTES• • • FIREFIGHTERS PENSION BOARD MEETING August 8, 2013 The regular meeting of the Englewood Firefighters Pension Board was called to order by Secretary John Garcilaso at 3:32 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. John Garcilaso, Secretary, Employee Representative Frank Gryglewicz, Director of Finance and Administrative Services Randy Penn, Mayor Carolyne Wilmoth, Council Appointee Kieth Lockwood, Chairperson, Employee Representative (notice) Grayson Hartley, Employee Representative (notice) Don and Dana Seymour, Retired Volunteer and son * * * * * Approval of February 21, 2013 Regular Meeting Minutes. MR. GRYGLEWICZ MOVED TO APPROVE THE FEBRUARY 21, 2013 MINUTES OF THE REGULAR BOARD MEETING. MAYOR PENN SECONDED . Ayes: Nays: Absent: The motion carried . Garcilaso, Gryglewicz, Penn, Wilmoth None Lockwood, Hartley Review of FPPA Volunteer and Firefighters Plan Statements Mr. Gryglewicz reviewed the statements. Review of the January l, 2013 Volunteer Firefighters Actuarial Report Mr. Gryglewicz reviewed the Volunteer Firefighters January 1, 2013 actuarial report. MR. GRYGLEWICZ MOVED TO ACCEPT THE JANUARY 1, 2013 VOLUNTEER FIREFIGHTERS ACTUARIAL REPORT AND RECOMMEND THE CITY PROVIDE THE REQUIRED CONTRIBUTION OF $1,591 FOR 2014 AND 2015. MAYOR PENN SECONDED . Ayes: Nays: Garcilaso, Gryglewicz, Penn, Wilmoth None , • • • Absent: Lockwood , Hartley The motion carried . Notification of death of Roy O'Steen, Retiree (February 15, 2013) Roy O 'Steen, retired firefighter, died February 15 , 2013 with no surviving spouse . MR. GRYGLEWICZ MOVED TO PAY THE ESTATE OF ROY O'STEEN THE FUNERAL BENEFIT OF $500. MS. WILMOTH SECONDE D. Ayes : Nays: Absent: The motion carried. Garcilaso, Gryglewicz, Penn, Wilmoth None Lockwood , Hartley Consideration of cancelling the November 14, 2013 meeting making the next meeting February 13, 2014 The Board agreed that unless a matter needing immediate attention requires holding the November 14 , 2013 meeting, the next regular meeting will be February 13 , 2014 or after the FPPA year-end statement is received . Members ' Choice Mr. Garcilaso inquired about the administrative costs listed on the FPPA statement and ifthe amount was excessive. Mr. Gryglewicz explained what the administrative costs cover and that the percentage charged by FPPA is less than that typically charged by a mutual fund. MR. GRYGLEWICZ MOVED TO ADJOURN. MS. WILMOTH SECONDED . Ayes: Nays: Absent: The motion carried . Garcilaso, Gryglewicz, Penn , Wilmoth None Lockwood, Hartley Meeting adjourned at 3:52 p.m. tfa~uJ~~ Carol Wescoat Recording Secretary 2 Firefi ghter s Pen sion Board Mee tin g