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HomeMy WebLinkAbout2007-03-13 NEERB MINUTESNONEMERGENCY EMPLOYEES RETIREMENT BOARD MEETING March 13, 2007 Chairperson Brandon Williams called the special meeting of the Englewood NonEmergency Emp loyees Retirement Board to order at 4:00 p.m. in the Public Works Conference Room of the Civic Center, 1000 Englewood Parkway, Englewood, Colorado. Members Present: Members Absent: Others Present: A quorum was present. Brandon Williams, Chairperson, and Council Appointee Gary Bowman, Council Appointee LeRoy DaVault, Council Appointee Frank Gryglewic z , Director of Finance and Administrative Services Bradley Hagan, Secretary, Employee Representative Mahendra Patel, Employee Representative Jolm Moore, Council Member (notice) Dan Brotzman, City Attorney * * * * * Discussion of 2007 actuarial study Chairperson Williams explained the misunderstanding related to the cost of the benefit increase study. By contract Buck Consultants will provide the study for a fee of $500. Mr. Hagan stated that he had been contacted by retirees inquiring about a possible benefit increase. The Board discussed possible studies. MR. GRYGLEWICZ MOVED TO APPROVE A STUDY BE INCLUDED WITH THE 2007 ACTUARIAL REPORT PROVIDING A ONE-TIME CHECK OF $250 FOR EACH RETIREE RETIRED PRIOR TO JANUARY 1, 2007 AND TO BE PAID TO RETIREES RECEIVING A BENEFIT ON DECEMBER 31 , 2007. MR PATEL SECONDED. Ayes: Nays: Absent: The motion canied . Bowman, DaVault, Gryglewic z, Hagan, Patel, Williams None Moore Discussion of hi.1stee h·aining The Board reviewed the possible h·aining available . MR. GRYGLEWICZ MOVED TO APPROVE REGISTRATION AND MILEAGE REIMBURSEMENT FOR ALL BOARD MEMBERS WHO ATTEND THE COLORADO PUBLIC EMPLOYEES RETIREMENT SYSTEMS FORUM (COPERS). MR PATEL SECONDED. Ayes : Nays: Absent: Bowman, DaVault, Gryglewic z, Hagan, Patel, Williams None Moore The motion carried. The Board members will inform Ms . Wescoat if they are able to attend COPERS . The Board discussed changing the May 8, 2007 meeting date to perm.it members to attend COPERS. The Board agreed to reschedule the meeting for May 15, 2007 . Chairperson Williams adjourned the meeting at 4:41 p .m. Caro l W escoat Recording Secretary 2 or2 Non-Emergency Pension Board Meetin g