HomeMy WebLinkAbout2003-08-12 NEERB MINUTESNONEMERGENCY RETIREMENT BOARD MEETING
August 12, 2003
Chairperson Brandon Williams called the regular meeting of the Englewood NonEmergency Retirement Board
to o rder 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.
Approval of Minutes
Brandon Williams, Chairperson
Gary Bowman, Council Appointee
Ernestine Campbell, Employee Representative
LeRoy DaVault, Council Appointee (an-ived 4:02 p .m .)
Frank Gryglewicz, Director of Finance and Administrative Services
Bradley Hagan, Employee R epresentative
John Moore , Council Member
None
Dale Connors, Watershed Investment Consultants
Gene Guevara, Watershed Investment Consultants
Diane Hunt, Buck Consultants
* * * * *
MR. GRYGLEWICZ MOVED TO APPROVE THE MINUTES OF THE MAY 13, 2003 REGULAR
MEETING. MR. BOWMAN SECONDED.
Ayes:
Nays:
Absent:
The motion can-ied.
OLD BUSINESS
Williams, Bowman, Campbell, Gryglewicz, Hagan, Moore
None
DaVault
No old business was discussed.
NEW BUSINESS
Watershed Investment Consu lt ants
LeRoy DaVault arrived at ..+:02 p.m.
Y!r. Guevara reYiewed the overall perfonnance of the stock and bond markets for the second quaner of2003.
:V!r. Connors reviewed the fund perfom1ance for the second quaner of 2003.
Buck Consultants discu ss ion of 2003 actuarial repon
Ms. Hunt reviewed the final 2003 actuarial repon.
MR. GRYGLEWICZ MOVED TO APPROVE JANUARY 1, 2003 ACTUARIAL REPORT. MS.
CAMPBELL SECONDED.
Ayes:
Nays:
Absent:
The motion canied.
Williams, Bowman, Campbell, DaVault, Gryglewicz, Hagan, Moore
None
None
Notification of benefit reque s t from G e rtmde Welty
Ms. Wescoat said that Ge1irude Welty has requested retirement benefits. The Board will receive the
infom1ation for approval at the next regular meeting.
MEMBER CHOICE
No items were discussed.
The Board discu ss ed changing the date of the next scheduled meeting because Tuesday, November 11 , 2003 is a
holiday. The Board agree the meeting will be on Wednesday, November 12, 2003 at 4:00 p.rn.
Chairperson Williams adjourned the meeting at 4:33 p .m .
Caro l Wescoat
Recording Secretary
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No n-Eme rgency Pension Board \ leetin g