HomeMy WebLinkAbout1999-02-02 NEERB MINUTESNON-EMERGENCY PENSION BOARD MEETING
February 2, 1999
A regular meeting of the Englewood Non-Emergency Pension Board was called to order by
Chairperson Richard Kahrn , at 4:05 p .m. in Conference Room A of the Englewood City Hall , 3400
South Elati Street, Englewood , Colorado .
Members Present:
Members Absent:
Others Present:
A quorum was pres ent.
Richard Kahrn, Chairperson
Bill Belt, Council Appointee
Gary Bowman, Council Appointee
LeRoy Da Vault, Council Appointee
Frank Gryglewicz, Director of Financial Services
Roberta Sk.rivan, Employee Representative
Beverly Bradshaw, Council Member (notice)
Carol Wescoat, Recording Secretary
* * * * *
PRESENTATION BY WATERSHED INVESTMENT CONSULT ANTS. INC .
Dale Connor , C.F .A., and Kevin Yoshida, C .F.A ., presented information on Watershed Investment
Consultants , Inc., performance evaluation services .
PRESENTATION BY INNOVEST
Richard Todd , C.I .M .C, and Brian Cunningham , C .F .A., presented information on InnoVest
Portfolio Solutions , Inc ., performance evaluation services.
PRESENTATION BY BUCK CONSULTANTS
Jonathan Muehl , Diane Hunt and William Fornia, presented information on Buck Consultants
performance evaluation servic es .
MS SKRIV AN MOVED TO REQUEST THAT WATERSHED INVESTMENT CONSULT ANTS ,
INC ., PROVIDE PERFORMANCE EVALUATION SERVICES. MR BELT SECONDED .
Ayes :
Nays:
Absent:
The motion carried .
Kahm , Belt, Bowman , DaVault, Gryglewicz , Sk.rivan
Non e
Bradshaw
The Board discussed calculations to be included on the 1999 actuarial report . The Board requested
that a calculation be included on the cost of changing the vesting period to match the Mid-managers ,
Supervisors and Confidentials ' 40la Plan .
The meeting adjourned at 6:00 p .m.
Carol Wescoat
Recording Secretary