HomeMy WebLinkAbout2011.10.10 Fire Pension Board MinutesFIRE PENSION BOARD MEETING
MINUTES
October 10, 2011
CALL TO ORDER:
Meeting called to order at 6:05 p.m. by Rebecca Francik.
ROLL CALL:
Those Present: Don Carter, Debbie Clark, Alvie Covington, Rebecca Francik, Harvey Swoboda, Lynne
Jackson, Dunyele Mason
APPROVAL OF PRIOR MEETING MINUTES:
Motion was made by Alvie Covington and seconded by Harvey Swoboda to approve the minutes as
amended of the August 29, 2011 meeting.
Motion passed.
BILLS:
A copy of the monthly transaction ledger for July through September was distributed.
Motion was made by Alvie Covington and seconded by Harvey Swoboda to approve the expenditure
transactions as presented.
Motion passed.
FINANCIAL STATEMENT:
Presented.
OLD BUSINESS:
1) Calculations of past and future pension payments were discussed at length. Lynne provided copies of
all calculations. It was decided that the new, recalculated amounts for the widows would start
effective November 1, 2011 check and noted that the changes to the firefighter payments were
implemented in the July 1, 2011 check. It was decided that Lynne would mail a letter of explanation
to the widows and if they had questions they could contact her for further information. It was also
decided that past overpayments to widows would not be collected.
2) There was further discussion as to when checks are recalculated for changes and as to whether
changes occur in April or July. Lynne reviewed RCW 41.18.104 which was handed out in the August
29, 2011 Special Meeting.
NEW BUSINESS:
1) Alvie requested to add to some future meeting the question as to when the City started charging the
medical premium to the pension fund and why that change was made (rather than the general fund
paying it directly). He indicated that the change happened sometime before 1987.
OTHER BUSINESS: None.
ADJOURNMENT: 6:55 p.m.
NEXT MEETING ON: January 9, 2012 at 6:00 p.m.