HomeMy WebLinkAbout2004-02-12 FPB MINUTESl .
• FIREFIGHTERS PENSION BOARD MEETING
February 12 , 2004
A regular meeting of the Englewood Firefighters Pension Board was called to order by
Chairperson Jay Seay at 4:00 p.m. in the City Council Conference Room of the Englewood
Civic Center, 1000 Englewood Parkway.
Members Pre sen t:
Members Absent:
Others Present:
A quorum was present.
Jay Seay, Chairperson, Employee Representative
Douglas Garrett, Mayor
Frank Gryglewicz, Director of Finance and Administrative Services
Stephen Hunt, Jr., Council Appointee
Kieth Lockwood, Employee Representative
Richard Petau, Employee Representative
None
Dan Brotzman, City Attorney
* * * * *
Seating of Mayor Garrett, Richard Petau and Stephen Hunt.
The Board congratulated Mayor Garrett, Richard Petau and Stephen Hunt.
Election of Board Chairperson/President
MR. GR YGLEWICZ NOJ\1IN ATED JAY SEAY AS CHAIRPERSON/PRESIDENT.
MR. PETAU SECONDED.
Ayes:
Nays:
Absent:
Abstention:
The motion carried.
Gryglewicz, Garrett, Hunt, Lockwood, Petau
None
None
Seay
MR. GRYGLEWICZ NOJ\1INATED KIETH LOCKWOOD AS SECRETARY. MR.
PETAU SECONDED .
Ayes:
Nays:
Absent:
Abstention:
Gryglewicz , Garrett, Hunt, Seay, Petau
None
None
Lockwood
The motion caITied .
APPROVAL OF MINUTES
MR . GRYGLEWICZ MOVED TO ACCEPT THE MINUTES OF THE PENSION BOARD
MEETING OF NOVEMBER 13, 2003. MR. LOCKWOOD SECONDED .
Ayes :
Nays :
Absent:
Abstention:
The motion carried.
OLD BUSINESS
Gryglewicz, Lockwood, Seay
None
None
GaITett, Hunt, Petau
* * * * *
No old business was discussed.
NEW BUSINESS
Review of 2003 Attendance
The Board reviewed the 2003 meeting attendance and determined the attendance was
acceptable.
Review of FPPA Volunteer and Firefighters Plan Statements
Mr. Gryglewicz reviewed the FPPA third quarter and year ending 2003 statements .
The Board discussed FPPA's fund allocation and the lack of an appropriate benchmark
for the FPPA funds . Mr. Gryglewicz will research the fund's allocation.
Discussion of 2004 Actuarial Proposed Plan Amendments
The Board discussed including a study to increase the retiree benefits with the 2004
actuarial report .
Notification of benefit request from Carl Pollock.
Carl Pollock has submitted a request for retirement benefits to commence upon his termination ,
February 22 ,. 2004.
F ir efi ghters P ension B oard M ee tin g
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* * * * *
MEMBERS CHOICE
Mr. Lockwood inquired about the process of including a benefit change study with the
actuarial report.
MR. LOCKWOOD MOVED TO REQUEST TWO STUDIES WITH THE ACTUARIAL
REPORT TO INCREASE RETIRED l\1EMBER BENEFITS BY $100 OR $50 PER
MONTH AND ONE-THIRD THE AMOUNT FOR THE SUR VIVO RS EFFECTIVE
JANUARY 1, 2004 FOR l\1EMBERS RETIRED AS OF JANUARY 1, 2003 . MAYOR
GARRETT SECONDED.
Chairperson Seay requested a letter of gratitude be sent to Mr. Kasson for past services.
MR . LOCKWOOD MOVED TO ADJOURN. MR. PET AU SECONDED.
Ayes:
Nays:
Absent:
The motion carried.
Seay , Gryglewicz, Garrett, Hunt, Lockwood, Petau
None
None
Meeting adjourned at 4:40 p.m.
Caro l Wescoat
Recording Secretary
F irefi ght ers P e nsio n B oard Meetin g
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