HomeMy WebLinkAbout2008-04-23 NEERB MINUTESNONEMERGENCY EMPLOYEES RETIREMENT PLAN BOARD MEETING
April 23, 2008
A telephone poll was done by the Recording Secretary of the NonEmergency Employees
Retirement Plan Board.
Roy Simmons participated in the Plan from February 6, 1989 to February 21, 1994 and re-entered
the Plan on August 15, 1994 to October 4, 1994 . Roy was 59 at the time of his death March 2,
2008 .
The spousal beneficiary, Bridget C. Simmons, is to receive 50 percent of the benefit less 1.5%
for each year more than five years younger than Roy. Bridget was 6 years younger than Roy.
Commencing April 30, 2008 Bridget will be eligible for a benefit equal to $182.14 x 50% x
98.5% = $89.70. Since the benefit amount is less than $100 per month, a lump sum distribution
on April 30, 2008 is $20,042.12.
Members:
Ayes:
Nays:
Unavailable:
The motion carried.
Brandon Williams, Chairperson, Council Appointee
Gary Bowman, Council Appointee
Mahendra Patel, Employee Representative
LeRoy Da Vault, Council Appointee
Frank Gryglewicz, Director of Finance and Administrative Services
Brad Hagan, Employee Representative
John Moore , Council Member
Bowman, Davault, Gryglewicz, Moore, Williams
None
Patel, Hagan
~~u)Me~
Carol Wescoat
Recording Secretary