HomeMy WebLinkAbout2016-08-11 FPB MINUTES)
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FIREFIGHTERS PENSION BOARD MEETING
August 11, 2016
The regular meeting of the Englewood Firefighters Pension Board was called to order by Chairperson Kieth
Lockwood at 2:55 p.m. in the Public Works Conference Room of the Englewood Civic Center, I 000
Englewood Parkway.
Members Present:
Members Absent:
Others Present:
A quorum was present.
John Garcilaso, Employee Representative
Grayson Hartley, Secretary, Employee Representative
Joe Jefferson , Mayor
Kieth Lockwood, Chairperson, Employee Representative
Kathleen Rinkel, Director of Finance and Administrative Services
Carolyne Wilmoth, Council Appointee
None
Carol Wescoat, Recording Secretary
Kerry Bush, Benefits/Risk Analyst
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Approval of February 11, 2016 Regular Meeting Minutes
MR . GARCILASO MOVED TO APPROVE THE FEBRUARY 11, 2016 MINUTES OF THE REGULAR
BOARD MEETING. MR. HARTLEY SECONDED.
Ayes:
Nays:
Absent:
The motion carried.
Garcilaso, Hartley , Jefferson, Lockwood, Rinkel, Wilmoth
None
None
Review ofFPPA Volunteer and Firefighters Plan Statements
The Board reviewed the FPPA statements for the first halfof the year.
Review of the January I, 2016 Firefighters Actuarial Report
Ms . Rinkel reviewed the Firefighters Pension Plan January I , 2016 actuarial report . She outlined the actuarial
:assumptions changes that were made for the 2016 report. The required contribution for years 2017 and 2018 is
$283,390, up from $222,800 for the prior two years.
MR. HARTLEY MOVED TO ACCEPT THE JANUARY I , 2016 FIREFIGHTERS PENSION PLAN
ACTUARIAL REPORT. MR. GARCILASO SECONDED .
Ayes:
Nays:
Garcilaso, Hartley, Jefferson , Lockwood, Rinkel , Wilmoth
None
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Absent: None
The motion carried.
Notification of Richard Petau's end of DROP, April I, 2016
Richard Petau has discontinued participation in the DROP. His termination with the City of Denver fire
department discontinues his DROP participation. He continues receiving monthly benefits from the
Firefighters Pension Plan after his termination from Denver.
Death Notification of Althea McLellan, Spousal Beneficiary of Donald McLellan, January 14, 2016
Althea McLellan, beneficiary, died on January 14, 2016. No further benefits are due after January.
Death Notification of Arlen Becker (April 14, 2016) and Approval of One-time Death Benefit for the Named
Beneficiary, Corey Becker
Arlen Becker, died April 14, 2016. He did not have a surviving spouse. Mr. Becker name Corey Becker as the
beneficiary for the onetime $500 death benefit.
MS . WILMOTH MOVED TO APPROVE THE ONETIME $500 DEATH BENEFIT FOR COREY BECKER,
THE BENFICIARY OF ARLEN BECKER . MR. GARCILASO SECONDED .
Ayes:
Nays:
Absent:
The motion carried.
Garcilaso, Hartley , Jefferson , Lockwood, Rinkel , Wilmoth
None
None
Mr. Garcilaso asked how Corey Becker (son) became the beneficiary. Ms. Wescoat explained that the Board
had previously approved a beneficiary form so an unmarried retired firefighter may name a beneficiary for the
onetime death benefit.
Consideration of cancelling the November meeting making the next meeting February 9, 2017
The Board agreed that unless a matter needing immediate attention requires holding the November 2016
meeting, the next regular meeting will tentatively be February 9, 2017.
Members' Choice
Ms. Wilmoth thanked the Board and appreciated the learning experience. Ms. Wilmoth , as the citizen board
member, also served on the Police and Fire Supplemental Disability Board.
MR. GARCILASO MOVED TO ADJOURN. MS. WILMOTH SECONDED .
Ayes:
Nays:
Garcilaso, Hartley, Jefferson, Lockwood, Rinkel , Wilmoth
None
Firefighters Pension Board Meeting
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Absent: None
• Meeting adjourned at 3 :07 p .rn .
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Carol Wescoat
Recording Secretary
Firefighters Pension Board Meeting
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