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HomeMy WebLinkAbout2006-02-09 FPB MINUTES, . I FIREFIGHTERS PENSION BOARD MEETING February 9, 2006 A regular meeting of the Englewood Firefighters Pension Board was called to order by Board Member Frank Gryglewicz at 4:05 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. Seating of Jay Seay. Jay Seay, Chairperson, Employee Representative (by phone) Olga Wolosyn, Mayor Frank Gryglewicz, Director of Finance and Administrative Services Stephen Hunt, Jr., Council Appointee Kieth Lockwood, Employee Representative (with notice) Richard Petau, Employee Representative( with notice) Dan Brotzman, City Attorney Donald Seymour, Volunteer Firefighter Retiree Marilyn Seymour * * * * * The Board congratulated Jay Seay. Election of Board Chairperson/President MR. GRYGLEWICZ NOMINATED JAY SEAY AS CHAIRPERSON/PRESIDENT AND RICHARD PETAU AS SECRETARY. MAYOR WOLOSYN SECONDED. Ayes: Nays : Absent: Abstention: The motion carried. Gryglewicz, Hunt, Wolosyn None Lockwood, Petau Seay APPROVAL OF MINUTES MR. GRYGLEWICZ MOVED TO ACCEPT THE MINUTES OF THE PENSION BOARD MEETING OF FEBRUARY 10, 2005. MAYOR WOLOSYN SECONDED. Ayes: Gryglewicz, Hunt, Seay Nays: None Absent: Lockwood, Petau Abstention: Wolosyn The motion carried . * * * * * OLD BUSINESS No business was discussed. NEW BUSINESS Review of 2005 Attendance The Board reviewed the 2005 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 2005 statements. Review of January 1, 2005 Volunteer Firefighters Actuarial Report. The Board reviewed the January 1, 2005 Volunteer Firefighters Actuarial Report. MR. GRYGLEWICZ MOVED TO APPROVE PAYMENT OF THE REQUIRED CONTRIBUTION OF $2,601. MAYOR WOLOSYN SECONDED . Ayes: Nays: Absent: The motion carried. Gryglewicz, Hunt, Seay, Wolosyn None Lockwood, Petau Discussion of FPPA Report of Volunteer Firefighter Benefits. The item was skipped during the meeting. Notification of death of Volunteer Firefighter Beneficiary Irma Ranum . Irma Ranum , survivor of Howard Ranum, passed away on February 25, 2005. No further benefits are due. Firefighters Pension Board Meeting 2 . ' I Notification of death of V olunteer Firefighter Beneficiary Lillian Lizar. Lillian Lizar , survivor of Homer Liz ar , pass ed aw ay on May 19 , 2005 . No further benefits are du e . Discussion of 2006 Actuarial Studies for Firefighters Pension Plan . The Board discussed includin g a study to increase the retiree benefits with the 2006 actuarial report. MR . GRYGLEWICZ MOVED TO REQUEST THREE ADDITIONAL FIREFIGHTERS ACTUARIAL STUDIES PROVIDING A MONTHLY INCREASE OF $50, $100 OR $150 FOR FIREFIGHTERS RETIRED PRIOR TO JANUARY 1, 2005 AND AN INCREASE OF ONE-THIRD THE AMOUNT FOR THE SURVIVING SPOUSE EFFECTIVE JANUARY 1, 2006 . MR . HUNT SECONDED . Ayes : Nays : Absent: The motion carried. MEMBERS CHOICE Gryglewicz , Hunt, Seay , Wolo s yn None Lockwood, Petau * * * * * Mr. Gryglewicz welcomed M ayor Wolos yn and congratulated Mr. Seay on being re-elected . MAYOR WOLOSYN MOVED TO ADJOURN. MR. HUNT SECONDED. Ayes: Nays : Absent: Th e motion carried . Gryglewicz, Hunt, Seay , Wolosyn None Lockwood , Petau Meeting adjourned at 4:20 p.m. ~~wMc:~ Carol Wes coat Recording Secretary 3 Firefi ght ers P ension Board M eetin g