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HomeMy WebLinkAbout2000-08-16 FPB MINUTESf FIREFIGHTERS PENSION BOARD MEETING August 16, 2000 A special meeting of the Englewood Firefighters Pension Board was called to order by Chairperson Ken Holland at 4:40 p.m. in the Administrative Services Conference Room of the Englewood Civic Center, 1000 Englewood Parkway. Members Present: Members Absent: Others Present: A quorum was present. Ken Holland, Chairperson, Employee Representative Michael Ballinger, Employee Representative Tom Bums, Mayor Frank Gryglewicz, Director of Finance and Administrative Services Gary Kasson, Council Appointee Jay Seay, Employee Representative None Dan Brotzman, City Attorney Carol Wescoat, Recording Secretary * * * * * SEATING OF BOARD MEMBER APPROVAL OF MINUTES MAYOR BURNS MOVED TO ACCEPT, AS PRESENTED, THE MINUTES OF THE REGULAR PENSION BOARD MEETING OF WLY 13, 2000. MR. KASSON SECONDED. Ayes: Nays: Absent: Abstention: The motion carried. Holland, Ballinger, Bums, Gryglewicz, Kasson None None Seay * * * * * Mr. Kasson requested that the agenda items taken out of order to pennit lengthier discussion regarding the consideration of benefit increase. NEW BUSINESS Review of FPPA Volunteer and Firefighters Plan Quarterly Statement. Mr. Grygl ewicz reviewed the FPP A Statements for the Volunteer and Paid Firefighters accounts. Consideration of benefit request by beneficiary of Bruce Donald . Bruce Donald, retired firefighter, died on July 16, 2000. Mr. Donald is survived by his spouse, Rosalee Donald. MR. KASSON MOVED TO APPROVE A MONTHLY BENEFIT OF $551.62 FOR ROSALEE DONALD EFFECTIVE AS OF AUGUST 1, 2000 AND A ONE TIME DEATH BENEFIT PAYMENT OF $500.00. MR. SEAY SECONDED . Ayes: Nays: Absent: The motion carried. OLD BUSINESS Holland, Ballinger, Bums, Gryglewicz, Kasson, Seay None None Consideration of benefit study on January 2000 Firefighters Actuarial Report. Each Board member commented on his proposed increase preference. The Board discussed each type of benefit increase proposed in the study. MAYOR BURNS MOVED TO APPROVE A BENEFIT INCREASE EFFECTIVE JANUARY 1, 2001 OF $200 PER MONTH FOR FIREFIGHTERS AND $66 .67 PER MONTH FOR SURVIVORS RETIRED PRIOR TO JANUARY 1, 1999 PRESUMING THE SURPLUS WILL REMAIN AT AN ACCEPT ABLE LEVEL. MR. GRYGLEWICZ SECONDED. Ayes : Nays: Absent: The motion carried. Holland, Ballinger, Bums, Gryglewic z, Kasson, Seay None None * * * * * Firefighters P ension B oa rd M eet in g 2 ... MEMBERS CHOICE No items were discussed. Meeting adjourned at 5:30 p.m. ao-f ~o-cf Carol W escoat Recording Secretary Firefight ers Pension Board Meeting 3