HomeMy WebLinkAbout1995-04-18 NEERB MINUTES..
NON-EMERGENCY PENSION BOARD MEETING
April 18 , 1995
A regular meeting of the Englewood Non-Emergency Pension Board was called to order
by Chairperson Richard Kahm, at 4 : 10 p .m. in Conference Room A of the Englewood
City Hall , 3400 South Elati Street, Englewood, Colorado .
Members Present :
Members Absent:
Others Present :
Richard Kahm, Chairperson
Gary Bowman, Council Appointee
Betty Goosman, Employee Representative
Jill Mees, Council Appointee
Frank Gryglewicz, Director of Financial Services
Alfred F. Vormittag, Jr., Council Member
(left meeting 4 : 13 p .m . -returned at 4 :50 p .m.)
LeRoy DaVault, Council Appointee
Carol Wescoat, Recording Secretary
A quorum was present.
* * * * *
Approval ofMinutes
4: 13 p.m . Mr. Vormittag left .
MR GRYGLEWICZ MOVED TO APPROVE THE MINUTES OF THE REGULAR
MEETING OF JANUARY 10 , 1994, AND THE FEBRUARY 6, 1995 ; MARCH 1,
1995 ; AND APRIL 4, 1995 , JOINT BOARD MEETINGS . MS . MEES SECONDED.
Ayes :
Nays :
Absent:
The motion carried .
OLD BUSINESS
Kahm, Bowman, Goosman, Mees, Gryglewicz
None
Vormittag, Da Vault
* * * * *
Review of attendance policy draft
The Board Members reviewed the draft of the attendance policy . Discussion followed
suggesting changes to the draft .
The Board agreed that a revised attendance policy be mailed to the Board Members and a
telephone poll conducted .
NEW BUSINESS
Consideration of pension request for Raymond Chapman
Chairperson Kahm reviewed Raymond Chapman's request for a normal retirement benefit
under the "Rule of 88". Mr. Chapman has elected the Ten Years Certain and Lifetime
Retirement Benefit.
MR. GRYGLEWICZ MOVED TO APPROVE THE TEN YEARS CERTAIN AND
LIFETIME BENEFIT IN THE AMOUNT OF $1,320 .06 FOR RAYMOND CHAPMAN
TO BE EFFECTIVE FEBRUARY 1, 1995 . MS. MEES SECONDED.
Ayes:
Nays:
Absent:
The motion carried.
Kahm, Bowman, Goosman, Mees, Gryglewicz
None
Da Vault, Vormittag
Consideration of pension request for Donna Gottberg
Chairperson Kahm reviewed Donna Gottberg' s request for an early retirement benefit at
age 63 Yi. Ms. Gottberg has elected the Qualified Joint and Survivor Retirement Benefit.
This will provide her spouse, in the event of her death, with a benefit equal to half of the
amount she had received ($234 .05).
MR. GRYGLEWICZ MOVED TO APPROVE THE QUALIFIED JOINT AND
SUR VIV OR BENEHT IN THE AMOUNT OF $468 .10 FOR DONNA GOTTBERG TO
BE EFFECTIVE JANUARY 1, 1995 . MS. GOOSMAN SECONDED .
Ayes:
Nays:
Absent:
The motion carried.
Kahm, Bowman, Goosman, Mees, Gryglewicz
None
Da Vault, Vormittag
Consideration of pension request for Wayne Davis
Chairperson Kahm reviewed Wayne Davis' request for an early normal retirement benefit.
Mr. Davis has elected the 100% Joint and Survivor Retirement Benefit.
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MS . MEES MOVED TO APPROVE THE 100% JOINT AND SURVIVOR BENEFIT
IN THE AMOUNT OF $157 .80 FOR WAYNE DAVIS TO BE EFFECTIVE APRIL 1,
1995 . MR. GRYGLEWICZ SECONDED .
Ayes :
Nays:
Absent:
The motion carried .
Kahm, Bowman, Goosman, Mees, Gryglewicz
None
Da Vault, Vormittag
Consideration of pension request for Terrance Maki
Chairperson Kahm reviewed Terrance Maki's request for an early normal retirement
benefit. Mr. Maki has elected the 50% Joint and Survivor Retirement Benefit.
MR. GRYGLEWICZ MOVED TO APPROVE THE 50% JOINT AND SURVIVOR
BENEFIT IN THE AMOUNT OF $274.46 FOR TERRANCE MAKI TO BE
EFFECTIVE APRIL 1, 1995 . MS . GODSMAN SECONDED.
Ayes :
Nays:
Absent:
The motion carried .
Kahm , Bowman, Goosman, Mees, Gryglewicz
None
Da Vault , Vormittag
Notification of request for pension benefits for G . Thomas Rusk.
Mr. G . Thomas Rusk has requested the commencement of retirement benefits . The
information received was not complete and staff was not able to contact Mr. Rusk prior to
the meeting . The request will be tabled until the next meeting.
Presentation by William M . Mercer, Inc.
The representatives from William M . Mercer, Inc ., were not present.
Discussion of possible benefit increase for retirees .
Chairperson Kahm stated the last increase in retiree benefits was effective as of July 1,
1993 . Discussion followed related to the Boards support of a potential increase in benefits
for retirees .
The Board agreed to request a calculation of the cost of both a three (3) and five (5)
percent increase in retiree benefits. The Board also requested William M. Mercer, Inc., be
asked the cost of preparing the calculations .
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MEMBERS CHOICE
Ms . Wescoat reviewed the Public Retirees Benefit Conference which she attended on the
Board's behalf.
4 :50 p .m. Mr. Vormittag returned.
4 :55 p .m . Ms. Mees left.
MR VORMITTAG MOVED TO ADJOURN THE MEETING. MR. GRYGLEWICZ
SECONDED . .
Ayes:
Nays :
Absent:
The motion carried .
Kahm, Bowman, Goosman, Vormittag, Gryglewicz
None
Da Vault, Mees
Mr. Kahm adjourned the meeting at 4:55 p .m .
Carol Wescoat
Recording Secretary
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