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HomeMy WebLinkAbout2017-02-09 FPB MINUTES• FIREFIGHTERS PENSION BOARD MEETING February 9, 2017 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: A quorum was present. Kieth Lockwood, Chairperson, Employee Representative John Garcilaso, Secretary, Employee Representative Grayson Hartley, Employee Representative Joe Jefferson, Mayor Kathleen Rinkel, Director of Finance and Administrative Services Carol Wescoat, Recording Secretary None * * * * * Seating of Reelected Employee Member Kieth Lockwood, Retiree • The Board congratulated Chairperson Lockwood on being reelected to the Firefighters Pension Board . • Election of Board Chairperson /President and Secretary MR . HARTLEY NOMINATED KIETH LOCKWOOD AS CHAIRPERSON/PRESIDENT. MR. GARCILASO SECONDED. Ayes: Nays: Absent: Abstention : The motion carried. Garcilaso, Hartley, Jefferson, Rinkel None None Lockwood MR . HARTLEY NOMINATED JOHN GARCILASO AS SECRETARY. MAYOR JEFFERSON SECONDED. Ayes: Nays: Absent: Abstention: The motion carried . Lockwood, Hartley, Jefferson, Rinkel None None Garcilaso • • • Approval of August 11, 2016 Regular Meeting Minutes . MS. RINKEL MOVED TO APPROVE THE AUGUST 11 , 2016 MINUTES OF THE REGULAR BOARD MEETING. MR. HARTLEY SECONDED . Ayes: Nays: Absent: The motion carried. Garcilaso, Lockwood, Hartley, Jefferson , Rinkel None None Review of FPPA Volunteer and Firefighters Plan Statements The yearend 2016 statement from FPPA is not available. The Board reviewed the third quarter statements and discussed the expenses and current funding of the two Plans . Notification of January l, 2017 Volunteer Actuarial Report to be Prepared Ms . Wescoat explained the cost of having an additional study the Actuarial Report and given the current funding levels of the Plan , the Board agreed to not have any additional studies done for 2017. The January 1, 2017 Volunteer Actuarial Report will indicate the necessary contributions for 2018 and 2019. Review of 2016 Board Attendance The Board discussed and determined member attendance was satisfactory last year. Consideration of Monthly Benefit and one Time Death Benefit for Diane Miller, Surviving Spouse of David E . Miller, Retiree (Deceased 10 /29/2016) David E . Miller, retiree, died on October 29 , 2016 . He is survived by his spouse, Diane Miller. MR. GARCILASO MOVED TO APPROVE A MONTHLY BENEFIT OF $862.49 FOR DIANE MILLER, SURVIVING SPOUSE, BEGINNING NOVEMBER 2016 WITH A ONE TIME DEATH BENEFIT OF $500 . MS. RINKEL SECONDED. A yes: Nays: Absent: The motion carried . Garcilaso, Lockwood, Hartley, Jefferson , Rinkel None None Consideration of cancelling May meeting making the next meeting August I 0, 2017 The Board agreed that unless a matter needing immediate attention requires a May meeting, the next regular meeting will be August 10 , 2017 . Firefi ghters Pension Bo ard Meetin g 2 . ,. Members Choice • No items were discussed. • • MR. HARLEY MOVED TO ADJOURN. MR. GARCILASO SECONDED. Ayes: Nays: Absent: The motion carried. Garcilaso, Lockwood, Hartley, Jefferson, Rinkel None None Meeting adjourned at 3:44 p.m. Carol Wescoat Recording Secretary 3 Firefighters Pension Board Meeting