HomeMy WebLinkAbout01-15-15 - Signed MinutesMINUTES
FIREMEN'S PENSION BOARD
CITY OF RENTON
January 15, 2015
Denis Law, Mayor
Don Persson, Council Finance Committee Chair
Jason Seth, City Clerk
Ray Barilleaux, Fire Department Representative
Bruce Phillips, Fire Department Representative
Chuck Christensen, Fire Department Alternate
The regular meeting of the Firemen's Pension Board was called to order by Don Persson, Council
Finance Committee Chair, at 2:00 p.m. in the Mayor's Conference room, 7th floor of Renton City Hall.
In attendance were Board members Ray Barilleaux and Chuck Christensen. Also present was Sandi
Weir (for Jason Seth) and Jill Masunaga, Finance Department Representative.
MINUTES APPROVAL
MOVED BY BARILLEAUX, SECONDED BY CHRISTENSEN, THE PENSION BOARD APPROVE THE MINUTES
OF THE DECEMBER 4, 2014 MEETING. CARRIED.
CORRESPONDENCE
Jill Masunaga reported that Chief Peterson has sent out the 2015-2016 ballots for the board member
election.
MONTHLY STATEMENT
The financial report for November 30, 2014, and a draft financial report for December 31, 2014 were
presented and reviewed. Total cash/investment balance as of December 31, 2014 was
5,040,077.45.
MONTHLY BILLS AND PENSION PAYMENTS
MOVED BY BARILLEAUX, SECONDED BY CHRISTENSEN, THE BOARD APPROVE THE PENSION
PAYMENTS FOR DECEMBER 2014 AND JANUARY 2015 IN THE AMOUNTS OF $16,144.55 AND
18,269.67 RESPECTIVELY, WHICH INCLUDES A 2.25% COST OF LIVING INCREASE (FIREFIGHTERS
UNION CONTRACT) AND A 2.50% COST OF LIVING INCREASE (BAT CHIEF/SO UNION CONTRACT),
EFFECTIVE JANUARY 1, 2015. CARRIED.
UNFINISHED BUSINESS
The 2015 Firemen's Pension Survey was reviewed and approved by the Board to be sent out.
ADJOURNMENT
MOVED BY CHRISTENSEN, SECONDED BY BARILLEAUX, THE MEETING OF THE FIREMEN'S PENSION
BOARD BE ADJOURNED. CARRIED. Time: 2:15 p.m.
C- UizuL
Sandi Weir, Records Management Specialist
Acting Secretary, Firemen's Pension Board Next Meeting: March 19, 2015