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HomeMy WebLinkAbout2005-02-10 FPB MINUTESFIREFIGHTERS PENSION BOARD MEETING February 10, 2005 A regular meeting of the Englewood Firefighters Pension Board was called to order by Chairperson Jay Seay at 4:00 p .m. in the Public Works Conference Room of the Englewood Civic Center , 1000 Englewood Parkway. Members Present: 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 Donald Seymour, Volunteer Firefighter Retiree Marilyn Seymour * * * * * Seating of Kieth Lockwood and Stephen Hunt, Jr. The Board congratulated Kieth Lockwood and Stephen Hunt. Election of Board Chairperson/President MR. GRYGLEWICZ NOMINATED IA Y SEAY AS CHAIRPERSON/PRESIDENT. MR. LOCKWOOD SECONDED . Ayes: Nays: Absent: Abstention: The motion carried. Gryglewicz, Garrett, Hunt, Lockwood , Petau None None Seay MR . GRYGLEWICZ NOMINATED KIETH LOCKWOOD AS SECRETARY. MR. PETAU SECONDED. Ayes: Nays: Gryglewicz, Garrett, Hunt, Seay, Petau None Absent: None Abstention : Lockwood The motion carried. APPROVAL OF MINUTES MAYOR GARRETT MOVED TO ACCEPT THE MINUTES OF THE PENSION BOARD MEETING OF AUGUST 17 , 2004. MR. GRYGLEWICZ SECONDED. Ayes: Nays: Absent: The motion carried. Garrett, Gryglewicz , Hunt, Lockwood, Seay, Petau None None MR. GRYGLEWICZ MOVED TO ACCEPT THE MINUTES OF THE TELEPHONE POLL OF AUGUST 30, 2004 . MR. LOCKWOOD SECONDED . Ayes: Nays: Absent: The motion carried . OLD BUSINESS Garrett, Gryglewicz, Hunt, Lockwood, Seay, Petau None None * * * * * Mr. Gryglewicz asked if the City has received any additional inquires regarding the transfer of funds to cover retirement benefit costs for Jon Seay. Mr. Brotzman has received no further inquires from the City of Sheridan in response to his letter declining funding. NEW BUSINESS Review of 2004 Attendance The Board reviewed the 2004 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 2004 statements. Firefi ghters Pension Board Meetin g 2 Consideration of an off-year Actuarial Report for Firefighters Pension Plan . The Board discussed and concluded that they would not request an off-year actuarial report for the paid firefighters plan. Discussion of 2005 Actuarial Studies for Volunteer Firefighters The Board discussed including a study to increase the retiree benefits with the 2005 actuarial report. MR. LOCKWOOD MOVED TO REQUEST ADDITIONAL VOLUNTEER FIREFIGHTERS ACTUARIAL STUDIES PROVING AN INCREASE TO $500 OR $550 AND BOTH MONTHLY BENEFIT INCREASES PROVIDING AN INCREASE OF THE FUNERAL BENEFIT TO $200 UPON THE DEATH OFA VOLUNTEER FIREFIGHTER. MAYOR GARRETT SECONDED. Ayes : Nays: Absent: The motion carried. MEMBERS CHOICE Garrett, Gryglewicz , Hunt, Lockwood, Seay, Petau None None * * * * * The Board agreed that unless an item that needs addressing in May , the Board will not meet again until August 11 , 2005. MR. PETAU MOVED TO ADJOURN. MR . LOCKWOOD SECONDED . Ayes : Nays: Absent: The motion carried. Seay, Gryglewicz, Garrett, Hunt, Lockwood, Petau None None Meeting adjourned at 4:30 p.m. Carol Wescoat Recording Secretary Firefi ghters Pension Bo ard M eetin g 3