HomeMy WebLinkAboutFinal Agenda PacketRegular Meeting
7th Floor -Mayor's Conference Room
Thursday, March 20, 2014
2:00 P.M.
CALL TO ORDER
2. APPROVAL OF MINUTES OF JANUARY 16, 2014
CORRESPONDENCE
4. MONTHLY STATEMENTS FOR DEC 31, 2013 (FINAL), JAN 31 & FEB 28, 2014
5. MONTHLY BILLS AND PENSION PAYMENTS
UNFINISHED BUSINESS
Board Member Election Results - Dec 2013
7. NEW BUSINESS
8. ADJOURNMENT
MINUTES
CITY OF RENTON
January 16,2014
Denis Law, Mayor
Terri Briere, Council Finance Committee Chair
(Substitute: Marcie Palmer, Council Finance Committee Vice -Chair)
Bonnie Walton, 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 Terri Briere, 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 Terri Briere, Ray Barilleaux and Bruce Phillips.
Also present was Sandi Weir (for Bonnie Walton) and Jill Masunaga, Finance Department
Representative.
MINUTES APPROVAL
MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE PENSION BOARD APPROVE THE MINUTES
OF THE NOVEMBER 21, 2013 MEETING. CARRIED.
CORRESPONDENCE
Per memorandum from Jason Seth regarding term expiration of Board member Bruce Phillips,
board members reported that an election is in process and results will be submitted to the City
Clerk at a later date.
MONTHLY STATEMENT
The financial report for November 30, 2013, and a draft financial report for December 31, 2013
were presented and reviewed. Total cash/investment balance as of December 31, 2013, was
$4,790,246.57.
MONTHLY BILLS AND PENSION PAYMENTS
MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE BOARD APPROVE THE PENSION
PAYMENTS FOR DECEMBER 2013 AND JANUARY 2014 IN THE AMOUNTS OF $15,270.11 AND
$16,019.03 RESPECTIVELY, WHICH INCLUDES A 1.0% COST OF LIVING INCREASE EFFECTIVE
JANUARY 1, 2014. CARRIED.
ADJOURNMENT
MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE MEETING OF THE FIREMEN'S PENSION
BOARD BE ADJOURNED. CARRIED. Time: 2:16 p.m.
Sandi Weir, Records Management Specialist
Acting Secretary, Firemen's Pension Board Next Meeting: March 20, 2014
REPORTCITY OF RENTON - FIREMEN'S PENSION FUND
CASH & INVESTMENT ACTIVITY
AS OF DECEMBER 31, 2013
/lll�/1
0
6i
N
0 4
0
0
e 3
0
W,
E
Fireman's Pension Fund Comparison of Cash and Investment Activity
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
BEGINNING CASH/INV BALANCE
$4,804,960.43
$4,556,003.05
$4,556,003
$4,572,790.76
$4,377,696.45
$4,377,696
RECEIPTS:
Fire Insurance Premium Tax
0.00
128,865.67
100,000
0.00
119,667.72
100,000
Investment Interest
556.25
298,795.36
200,000
445.90
285,038.37
200,000
DISBURSEMENTS:
Fire Pension
15,270.11
188,942.51
225,000
17,233.61
225,506.07
525,000
Fire Pension Medical
0.00
0.00
0
0.00
566.04
25,000
Office/Operating Supplies
0.00
475.00
475
0.00
327.38
475
Actuarial/Firemen's Pens
0.00
4,000.00
15,000
0.00
0.00
0
CASH/State Investment Pool
INVESTMENTS:
Federal National Mortgage Assn
Treasury Strips & Zero Coupon Bonds
Interest Receivable
$2,646,210.58 $2,661,457.38 $2,235,765.25 $2,251,108.46
99,555.84 99,555.84 99,555.84 99,555.84
2,038,263.18 2,038,263.18 2,217,524.06 2,217,524.06
6,216.97 5,684.03 3,157.90 4,602.40
The State Investment Pool interest 0.1276% 0.1161% 0.2350% 0.1792%
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2014.xls\Dec13 final Page 1 3/14/2014
0
�i
N
04
0
0
0
c 3
0
2
u
COITY OF RENTON - FIREMEN'S PENSION FUND
CASH & INVESTMENT ACTIVITY REPORT
AS OF JANUARY
Fireman's Pension Fund Comparison of Cash and Investment Activity
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
BEGINNING CASH/INV BALANCE $4,790,246.57 $4,790,246.57
RECEIPTS:
Fire Insurance Premium Tax
0.00
0.00
Investment Interest
588.95
588.95
DISBURSEMENTS:
200,000
225,000
Fire Pension
16,019.03
16,019.03
Fire Pension Medical
0.00
0.00
Office/Operating Supplies
0.00
0.00
Actuarial/Firemen's Pens
0.00
0.00
$4,615,528 $4,556,003.05 $4,556,003.05 $4,556,003
100,000
0.00
128,865.67
100,000
200,000
405.71
298,795.36
200,000
225,000
17,233.61
188,942.51
225,000
0
0.00
0.00
0
475
0.00
475.00
475
15,000
0.00
4,000.00
15,000
CASH/State Investment Pool
$2,630,213.14
$2,646,210.58
$2,218,565.18
$2,235,765.25
INVESTMENTS:
Federal National Mortgage Assn
99,555.84
99,555.84
99,555.84
99,555.84
Treasury Strips & Zero Coupon Bonds
2,038,263.18
2,038,263.18
2,217,524.06
2,217,524.06
Interest Receivable
6,784.33
6,216.97
3,530.07
3,157.90
The State Investment Pool interest 0.1110% 0.1276% 0.1745% 0.2350%
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2014.xls\Jan14 Page 1 3/14/2014
0
® 4
0
0
c 3
0
a,
I
CITY OF RENTON - FIREMEN'S PENSION FUNJ
CASH & INVESTMENT ACTIVITY REPORT
AS OF 1`
Fireman's Pension Fund Comparison of Cash and Investment Activity
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
BEGINNING CASH/INV BALANCE $4,774,816.49 $4,790,246.57
RECEIPTS:
Fire Insurance Premium Tax
0.00
0.00
Investment Interest
638.33
1,227.28
DISBURSEMENTS:
200,000
225,000
Fire Pension
15,019.03
31,038.06
Fire Pension Medical
0.00
0.00
Office/Operating Supplies
0.00
0.00
Actuarial/Firemen's Pens
0.00
0.00
$4,615,528 $4,539,175.15 $4,556,003.05 $4,556,003
100,000
0.00
128,865.67
100,000
200,000
442.58
298,795.36
200,000
225,000
17,233.61
188,942.51
225,000
0
0.00
0.00
0
475
0.00
475.00
475
15,000
0.00
4,000.00
15,000
CASH/State Investment Pool
$2,615,210.22
$2,630,213.14
$2,201,515.27
$2,218,565.18
INVESTMENTS:
Federal National Mortgage Assn
99,555.84
99,555.84
99,555.84
99,555.84
Treasury Strips & Zero Coupon Bonds
2,038,263.18
2,038,263.18
2,217,524.06
2,217,524.06
Interest Receivable
7,406.55
6,784.33
3,788.95
3,530.07
The State Investment Pool interest 0.1051% 0.1110% 0.1650% 0.1745%
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2014.xls\Feb14draft Page 1 3/14/2014
FIREMEN'S PENSION BOARD
PENSION/MEDICAL PAYMENTS FOR FEBRUARY, 2014
Recipient
Pension Amt
Medical IT®tal
ANKENY, Charlie (Captain)
-
-
BARILLEAUX, Ray (Battalion Chief)
-
-
BEATTEAY, Karlen (Widow)
$134.08
134.08
BERGMAN, Claudette (Widow)
$53.19
53.19
CHRISTENSON, Chuck (Firefighter)
$146.88
146.88
GEISSLER, Dick (Fire Chief)
-
-
GOODWIN, Kathryn Lorayne (Widow)
$946.20
946.20
HAWORTH, Constance (Widow)
$3,187.19
3,187.19
HURST, Gerald (Firefighter) (d0110312014)
-
-
JONES, Evelyn M. (Widow)
$150.19
150.19
LARSON, William (Firefighter)
-
-
LAVALLEY, Theodele (Captain)
$235.75
235.75
MATTHEW, James (Deputy Chief)
-
-
MC LAUGHLIN, Barbara M. (Widow)
$926.33
926.33
NEWTON, Gary (Lieutenant)
$158.09
158.09
NICHOLS, Gerald (Battalion Chief)
$446.75
446.75
PARKS-ANDREASON, Arlene (Widow)
$116.20
116.20
PHILLIPS, Bruce H. (Deputy Chief)
$122.57
122.57
PRINGLE, Arthur (Captain)
$362.34
362.34
PRINGLE, S. Joan (Widow)
$2,738.15
2,738.15
RIGGLE, David E. (Firefighter D Step)
-
-
RUPPRECHT,Jim (Firefighter D Step)
$12.46
12.46
SMITH, Leroy (Firefighter)
$327.07
327.07
STROM, Doris (Widow)
$3,495.34
3,495.34
TODD, Tess R. (Widow)
$391.16
391.16
TONDA, Lila Jean (Widow)
-
-
VACCA, Nick (Lieutenant)
$205.42
205.42
WALLS, Camille (Widow)
$37.78
37.78
WALLS, Mercedes (Widow)
-
-
WEISS, Cheryl (Widow)
$680.08
680.08
WILLIAMS, Alta (Widow)
-
-
WOOTEN, Marilyn E. (Widow)
$145.81
145.81
Total Expenses: Pension/Medical'$15,019.03
$Q:00
$15,019,03
Prior Year Pension/Medical Payments:
Total Pension Payments for February, 2013 17,233.61
Total Medical Bills Reimbursed in February, 2013 0.00
Total Expenses: Medical/Pension 17,233.61
4 -SUMMARY 2014.xls 2/10/2014
FIREMEN'S PENSION BOARD
PENSION/MEDICAL PAYMENTS FOR MARCH, 2014
Recipient
Pension Amt
Medical
Total
ANKENY, Charlie (Captain)
-
-
BARILLEAUX, Ray (Battalion Chief)
-
-
BEATTEAY, Karlen (Widow)
$134.08
134.08
BERGMAN, Claudette (Widow)
$53.19
53.19
CHRISTENSON, Chuck (Firefighter)
$146.88
146.88
GEISSLER, Dick (Fire Chief)
-
-
GOODWIN, Kathryn Lorayne (Widow)
$946.20
946.20
HAWORTH, Constance (Widow)
$3,187.19
3,187.19
HURST, Gerald (Firefighter) (d 01/03/2014)
-
-
JONES, Evelyn M. (Widow)
$150.19
150.19
LARSON, William (Firefighter)
-
-
LAVALLEY, Theodele (Captain)
$235.75
235.75
MATTHEW, James (Deputy Chief)
-
-
MC LAUGHLIN, Barbara M. (Widow)
$926.33
926.33
NEWTON, Gary (Lieutenant)
$158.09
158.09
NICHOLS, Gerald (Battalion Chief)
$446.75
446.75
PARKS -AN DREASON, Arlene (Widow)
$116.20
116.20
PHILLIPS, Bruce H. (Deputy Chief)
$122.57
122.57
PRINGLE, Arthur (Captain)
$362.34
362.34
PRINGLE, S. Joan (Widow)
$2,738.15
2,738.15
RIGGLE, David E. (Firefighter D Step)
-
-
RUPPRECHT, Jim (Firefighter D Step)
$12.46
12.46
SMITH, Leroy (Firefighter)
$327.07
327.07
STROM, Doris (Widow)
$3,495.34
3,495.34
TODD, Tess R. (Widow)
$391.16
391.16
TONDA, Lila Jean (Widow)
-
-
VACCA, Nick (Lieutenant)
$205.42
205.42
WALLS, Camille (Widow)
$37.78
37.78
WALLS, Mercedes (Widow)
-
-
WEISS, Cheryl (Widow)
$680.08
680.08
WILLIAMS, Alta (Widow)
-
-
WOOTEN, Marilyn E. (Widow)
$145.81
145.81
Total Expenses: Pension/Medical
$15,019.03
$0.00
$15,019.03'
Prior Year Pension/Medical Payments:
Total Pension Payments for March, 2013 17,233.61
Total Medical Bills Reimbursed in March, 2013 0.00
Total Expenses: Medical/Pension 17,233.61
4 -SUMMARY 2014.xls 3/7/2014
CITY OF RENTON
JAN 2 2014
RECEIVED
FIRE & EMERGENCY SERVICES DEPARTMENTCityof,k I K'OFFICE
DATE: January 22, 2014
TO: Bonnie Walton, City Clerk
FROM: Mark Peterson, Fire Chief/Emergency Services Administrator ff
SUBJECT: Firemen's Pension Board Voting Results
An election was conducted to fill the vacancy created by the expiration of Bruce Phillips'
term as the Department's representative on the City of Renton Firemen's Pension
Board.
By unanimous vote, Bruce Phillips was been elected for this two-year term of office
effective from January 1, 2014 to December 31, 2015.
Thank you.
MP/jh
c: Greg Hartman, Deputy Chief, Safety & Support Services