HomeMy WebLinkAbout2016-02-11 FPB MINUTES• FIREFIGHTERS PENSION BOARD MEETING
February 11 , 2016
The regular meeting of the Englewood Firefighters Pension Board was called to order by Chairperson
Kieth Lockwood at 3:30 p.m. in the Public Works Conference Room of the Englewood Civic Center,
1000 Englewood Parkway, Englewood, Colorado .
Members Present :
Members Absent:
Others Present:
A quorum was present.
Kieth Lockwood, Chairperson, Employee Representative
John Garcilaso, Secretary, Employee Representative
Grayson Hartley, Employee Representative
Joe Jefferson, Mayor
Carolyne Wilmoth , Council Appointee
Shelley Becker, Director of Finance and Administrative Services (notice)
Eric Keck, City Manager
* * * * *
Seating of Reelected Employee Member John Garcilaso, Retiree, and Welcoming of Mayor Jefferson
• The Board welcomed Mayor Jefferson and congratulated Mr. Garcilaso on being reelected to the
Firefighters Pension Board.
Election of Board Chairperso n/President and Secretary
MR. HARTLEY NOMINATED KIETH LOCKWOOD CHAIRPERSON/PRESIDENT. MR.
GARCILASO SECONDED .
Ayes:
Nays:
Absent:
Abstention:
The motion carried.
Garcilaso , Hartley, Jefferson, Wilmoth
None
Becker
Lockwood
MR. HARTLEY NOMINATED JOHN GARCILASO SECRETARY. CHAIRPERSON LOCKWOOD
SECONDED.
Ayes:
Nays:
Absent:
Abstention:
• The motion carried.
Lockwood, Hartley, Jefferson, Wilmoth
None
Becker
Garcilaso
Approval of August 13, 2015 Regular Meeting Minutes.
MS . WILMOTH MOVED TO APPROVE THE AUGUST 13, 2015 MINUTES OF THE REGULAR
BOARD MEETING. MR. GARCILASO SECONDED.
Ayes:
Nays:
Absent:
The motion carried.
Garcilaso, Lockwood, Hartley, Jefferson, Wilmoth
None
Becker
Review of FPPA Volunteer and Firefighters Plan Statements
The yearend 2015 statement from FPPA is not available. The Board reviewed the third quarter statements and
discussed the current funding of the two Plans.
Discussion of Additional Studies for January 1, 2016 Actuarial Report
Ms. Wescoat explained the cost of having an additional study the Actuarial Report is about $1,300. The
Board discussed the City's cost of funding the Plan and agreed that there would not be any additional
studies done with this actuarial report.
Review of 2015 Board Attendance
The Board discussed and determined member attendance was satisfactory last year.
Consideration of Permitting the Director of Finance and Administrative Services Authorization to Approve
FPPA Invoice Payments
The Board discussed need to have the approval of the Chairperson and Secretary for the annual invoice
that is sent to FPPA for reimbursement of Plan expenses . The amount is typically less than $200 to cover
the cost of audit fees and miscellaneous expenses.
CHAIRPERSON LOCKWOOD MOVED TO AUTHORIZE INVOICE APPROVALS BY THE
DIRECTOR OF FINANCE AND ADMINISTRATIVE SERVICES . MR. GARCILASO SECONDED.
Ayes:
Nays:
Absent:
The motion carried .
Garcilaso, Lockwood, Hartley, Jefferson, Wilmoth
None
Becker
Consideration of cancelling May meeting making the next meeting August 11, 2016
Unless a matter needing immediate attention requires a May meeting, the next regular meeting will be
August 11, 2016.
Firefighters Pension Board Meeting
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MS. WILMOTH MOVED TO APPROVE THE CANCELLATION OF THE MAY MEETING UNLESS
AGENDA ITEMS REQUIRE ATIENTION PRIOR TO AUGUST 11, 2016 . MR. GARCILASO
SECONDED .
Ayes:
Nays:
Absent:
The motion carried.
Members Choice
Garcilaso, Lockwood , Hartley , Jefferson, Wilmoth
None
Becker
No items were discussed.
MS. WILMOTH MOVED TO ADJOURN . MR. HARLEY SECONDED .
Ayes :
Nays:
Absent:
The motion carried.
Lockwood, Garcilaso, Hartley, Jefferson, Wilmoth
None
Becker
Meeting adjourned at 3:40 p.m .
~~wµk'~
Carol Wescoat
Recording Secretary
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Firefighters Pension Board Meeting