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HomeMy WebLinkAbout2000-07-13 FPB MINUTES' • FIREFIGHTERS PENSION BOARD MEETING July 13 , 2000 A regular meeting of the Englewood Firefighters Pension Board was called to order by Chairperson Ken Holland at 3: 10 p.m. in the Administrative Services Conference Room of the Englewood Civic Center, 1000 Englewood Parkway. Members Present: Members Absent: Others 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 (No notice) Gil Eggleston, Volunteer Firefighter Otto Herald, Volunteer Firefighter Paul Newport, Volunteer Firefighter Dan Brotzman, City Attorney Carol Wescoat, Recording Secretary • A quorum was present. • * * * * * SEATING OF BOARD MEMBER APPROVAL OF MINUTES MR. KASSON MOVED TO ACCEPT, AS PRESENTED, THE MINUTES OF THE REGULAR PENSION BOARD MEETING OF OCTOBER 10, 1997. MR. GRYGLEWICZ SECONDED. Ayes: Nays: Absent: The motion carried. Holland, Ballinger, Bums, Gryglewicz, Kasson None Seay MR. GRYGLEWICZ MOVED TO APPROVE THE MINUTES OF THE REGULAR PENSION BOARD MEETING OF APRIL 10, 2000. MR. BALLINGER SECONDED . Ayes: Nays: Absent: Holland, Ballinger, Bums, Gryglewicz, Kasson None Seay The motion carried. MR. GRYGLEWICZ MOVED TO APPROVE THE MINUTES OF TELEPHONE POLL OF JUNE 21, 2000. MR. KASSON SECONDED. Ayes: Nays: Holland, Ballinger, Bums, Gryglewicz, Kasson None Absent: Seay The motion carried. * * * * * OLD BUSINESS No old business was discussed. NEW BUSINESS Consideration of Benefit Increase Request by Volunteer Firefighters. Chairperson Holland explained to the Volunteer Firefighters that the Board is not able to consider an increase until the Jon Seay litigation is resolved. Mr. Gryglewicz commented that the January 1999 actuarial report reflected a surplus of $60,000. 3:25 p.m. Eggleston, Herald and Newport left. Review of FPP A Volunteer and Firefighters Plan Quarterly Statement. Mr. Gryglewicz reviewed the FPP A Statements for the Volunteer and Paid Firefighters accounts. Review of January 2000 Firefighters Actuarial Report. Mr. Gryglewicz reviewed the January 2000 Firefighters Actuarial Report. The Board discussed the funding status of the Plan and consideration of a benefit increase. The Board agreed to meet on August 16, 2000 at 4:30 p.m. to discuss a possible benefit mcrease. Firefighters Pension Board Meeting 2 j • • • • • • * * * * * MEMBERS CHOICE Mr. Brotzman informed the Board that there will be a hearing for oral arguments regarding Jon Seay at the Arapahoe County District Court on October 6, 2000 at 1 :30 p.m. MR. KASSON MOVED TO ADJOURN. MR. BALLINGER SECONDED. Ayes: Nays: Absent: The motion carried. Holland, Ballinger, Bums, Gryglewicz, Kasson None Seay Meeting adjourned at 4:05 p.m . Carol Wescoat Recording Secretary 3 Firefighters Pension Board Meeting