HomeMy WebLinkAboutFinal Agenda PacketCITY OF RENTON
FIREMEN'S PENSION BOARD
Regular Meeting
7th Floor -Mayor's Conference Room
Thursday, March 28, 2013
2:00 P.M.
CALL TO ORDER
2. APPROVAL OF MINUTES OF JANUARY 17, 2013
3. CORRESPONDENCE
4. MONTHLY STATEMENTS FOR DECEMBER 31, 2012,
JANUARY 31, 2013 & FEBRUARY 28, 2013
5. MONTHLY BILLS AND PENSION PAYMENTS
6. UNFINISHED BUSINESS
7. NEW BUSINESS
E:�_1dI9111:�►1►�ir:pkil
MINUTES
PENSION C•A";D
CITY OF RENTON
WEEZILION
Denis Law, Mayor
Terri Briere, Council Finance Committee Chair
(Substitute: Don Persson, 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 Mayor Denis Law at 2:00 p.m. in
the Mayor's Conference room, 7th floor of Renton City Hall. In attendance were Board members Mayor Denis
Law, Don Persson (substitute), Ray Barilleaux, Bruce Phillips, and Bonnie Walton. Also present was Jill
Masunaga, Finance Department Representative.
MINUTES APPROVAL
MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE PENSION BOARD APPROVE THE MINUTES OF THE
NOVEMBER 15, 2012 MEETING. CARRIED.
CORRESPONDENCE
A memo from Fire & Emergency Services Chief Mark Peterson was reviewed confirming that an election had
been held and that by unanimous vote Ray Barilleaux was re-elected to a two-year term on the Firemen's
Pension Board as the Department's representative for the period January 1, 2013 through December 31,
2014.
MONTHLY STATEMENT
The financial report for November 30, 2012 was reviewed. Total cash/investment balance was $4,572,790.76.
The financial report for December 31, 2012 was not yet available for review due to year-end closing.
MONTHLY BILLS AND PENSION PAYMENTS
MOVED BY BARILLEAUX, SECONDED BY PERSSON, THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS
FOR DECEMBER 2012, IN THE TOTAL AMOUNT OF $17,233.61 AND FOR JANUARY 2013, IN THE TOTAL
AMOUNT OF $17,233.61, EACH TO BE PAID FROM THE FIREMEN'S PENSION FUND. CARRIED.
UNFINISHED BUSINESS
Board Member Ray Barilleaux presented an address listing of the Firemen's Pension members that he had
recently compiled, which includes the member's email addresses. The Board Secretary will keep this on file
for future use. It was noted that address information for Constance Haworth was still being sought.
ADJOURNMENT
MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE MEETING OF THE FIREMEN'S PENSION BOARD BE
ADJOURNED. CARRIED. Time: 2:17 p.m.
Bonnie I. Walton, City Clerk
Member and Secretary, Firemen's Pension Board
Next Meeting: March 28, 2013
0
5
y
0 4
0
0
U) 3
0
01
E
CITT
OF RENTON
PENSION I
CASH ACTIVITY
AS OF DECEMBER 31, 2012
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
$4,572,790.76
$4,377,696.45
RECEIPTS:
200,000
263,389.91
Fire Insurance Premium Tax
0.00
119,667.72
Investment Interest
445.90
285,038.37
DISBURSEMENTS:
410.21
3,937.68
Fire Pension
17,233.61
225,506.07
Fire Pension Medical
0.00
566.04
Office/Operating Supplies
0.00
327.38
Actuarial/Firemen's Pens
0.00
0.00
$4,377,696 $4,401,049.26 $4,286,248.18 $4,286,248
100,000
0.00
115,054.06
100,000
200,000
263,389.91
269,981.38
200,000
525,000
22,957.33
280,887.74
525,000
25,000
410.21
3,937.68
25,000
475
0.00
411.75
475
0
0.00
8,350.00
15,000
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2012.xls\Dec12 final Page 1 03/07/2013
CURRENT
PREVIOUS
LAST YEAR
LAST YEAR
ACTIVITY:
MONTH
MONTH
CURR MO
PREV MO
CASH/State Investment Pool
$2,235,765.25
$2,251,108.46
$1,865,726.53
$1,889,292.92
INVESTMENTS:
Federal National Mortgage Assn
99,555.84
99,555.84
99,555.84
99,555.84
Treasury Strips & Zero Coupon Bonds
2,217,524.06
2,217,524.06
2,406,901.08
2,406,901.08
Interest Receivable
3,157.90
4,602.40
5,513.00
5,299.42
TOTAL CASH AND INVESTMENTS
$4,556,003.05
! $4,572,790.76
$4,377,696.45
$4,401,049.26
The State Investment Pool interest
0.2350%
0.1792%
0.1305%
0.1480%
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2012.xls\Dec12 final Page 1 03/07/2013
11
2
04
0
0
W 3
0
a,
F
CITY OF RENTON - FIREMEN'S PENSION FUNI
CASH & INVESTMENT ACTIVITY REPORT
AS OF JANUARY 1 2013
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
$4,556,003.05
$4,556,003.05
RECEIPTS:
200,000
572.55
Fire Insurance Premium Tax
0.00
0.00
Investment Interest
405.71
405.71
DISBURSEMENTS:
0.00
566.04
Fire Pension
17,233.61
17,233.61
Fire Pension Medical
0.00
0.00
Office/Operating Supplies
0.00
0.00
Actuarial/Firemen's Pens
0.00
0.00
$4,556,003 $4,377,696.45 $4,377,696.45 $4,377,696
100,000
0.00
119,667.72
100,000
200,000
572.55
285,038.37
200,000
225,000
26,345.52
225,506.07
525,000
0
0.00
566.04
25,000
475
0.00
327.38
475
15,000
0.00
0.00
0
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2013.xls\Jan13 Page 1 03/07/2013
CURRENT
PREVIOUS
LAST YEAR
LAST YEAR
ACTIVITY;
MONTH
MONTH
CURR MO
PREY MO
r
CASH/State Investment Pool
$2,218,565.18
$2,235,765.25
$1,839,778.13
r
$1,865,726.53
INVESTMENTS:
Federal National Mortgage Assn
99,555.84
99,555.84
99,555.84
99,555.84
Treasury Strips & Zero Coupon Bonds
2,217,524.06
2,217,524.06
2,406,901.08
2,406,901.08
Interest Receivable
3,530.07
3,157.90
5,688.43
5,513.00
TOTAL CASH AND INVESTMENTS
$4,539,175.15
j $4,556,003.05
$4,351,,923.48
$4,377,696.45':.
The State Investment Pool interest
0.1745%
0.2350%
0.1213%
0.1305%
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2013.xls\Jan13 Page 1 03/07/2013
6
5
0
L
® 4
0
Q
c 3
0
a,
19
CITY OF
PENSIONr
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
$4,539,175.15
$4,556,003.05
$4,556,003
$4,351,923.48
$4,377,696.45
$4,377,696
RECEIPTS:
CURR MO
PREY MO
CASH/State Investment Pool
$2,201,515.27
$2,218,565.18
$1,817,769.07
Fire Insurance Premium Tax
0.00
0.00
100,000
0.00
119,667.72
100,000
Investment Interest
442.58
848.29
200,000
593.60
285,038.37
200,000
DISBURSEMENTS:
2,406,901.08
Interest Receivable
3,788.95
3,530.07
6,259.53
5,688.43
Fire Pension
17,233.61
34,467.22
225,000
21,465.52
225,506.07
525,000
Fire Pension Medical
0.00
0.00
0
566.04
566.04
25,000
Office/Operating Supplies
0.00
0.00
475
0.00
327.38
475
Actuarial/Firemen's Pens
0.00
0.00
15,000
0.00
0.00
0
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2013.xls\Feb13 Page 1 03/20/2013
CURRENT
PREVIOUS
LAST YEAR +
LAST YEAR
ACTIVITY:
MONTH
MONTH
CURR MO
PREY MO
CASH/State Investment Pool
$2,201,515.27
$2,218,565.18
$1,817,769.07
$1,839,778.13
INVESTMENTS:
Federal National Mortgage Assn
99,555.84
99,555.84
99,555.84
99,555.84
Treasury Strips & Zero Coupon Bonds
2,217,524.06
2,217,524.06
2,406,901.08
2,406,901.08
Interest Receivable
3,788.95
3,530.07
6,259.53
5,688.43
TOTAL CASH AND INVESTMENTS
$4,522,384.12
$4,539,175.15
$4,330,485.52
$4,351,923.48'1
The State Investment Pool interest
0.1650%
0.1745%
0.1394%
0.1213%
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2013.xls\Feb13 Page 1 03/20/2013
FIREMEN'S PENSION BOARD
PENSION/MEDICAL PAYMENTS FOR FEBRUARY, 2013
Recipient
Pension Amt
Medical
Total
ANKENY, Charlie (Captain)
$103.20
103.20
BARILLEAUX, Ray (Battalion Chief)
-
-
BEATTEAY, Karlen (Widow)
$212.94
212.94
BERGMAN, Claudette (Widow)
$132.15
132.15
CHRISTENSON, Chuck (Firefighter)
$237.01
237.01
GEISSLER, Dick (Fire Chief)
-
-
GOODWIN, Kathryn Lorayne (Widow)
$1,026.55
1,026.55
HAWORTH, Constance (Widow)
$3,109.45
3,109.45
HURST, Gerald (Firefighter)
$536.68
536.68
JONES, Evelyn M. (Widow)
$231.41
231.41
LARSON, William (Firefighter)
-
-
LAVALLEY, Theodele (Captain)
$338.41
338.41
MATTHEW, James (Deputy Chief)
-
-
MC LAUGHLIN, JACK (Battalion Chief)
$995.39
995.39
NEWTON, Gary (Lieutenant)
$251.08
251.08
NICHOLS, Gerald (Battalion Chief)
$515.00
515.00
PARKS-ANDREASON, Arlene (Widow)
$313.60
313.60
PHILLIPS, Bruce H. (Deputy Chief)
$214.72
214.72
PRINGLE, Arthur (Captain)
$463.41
463.41
PRINGLE, S. Joan (Widow)
$2,671.37
2,671.37
RIGGLE, David E. (Firefighter D Step)
$57.50
57.50
RUPPRECHT, Jim (Firefighter D Step)
$93.99
93.99
SMITH, Leroy (Firefighter)
$399.25
399.25
STROM, Doris (Widow)
$3,410.09
3,410.09
TODD, Franklin (Firefighter)
$461.75
461.75
TONDA, Lila Jean (Widow)
-
-
VACCA, Nick (Lieutenant)
$292.58
292.58
WALLS, Camille (Widow)
$121.78
121.78
WALLS, Mercedes (Widow)
$70.69
70.69
WEISS, Cheryl (Widow)
$752.07
752.07
WILLIAMS, Alta (Widow)
-
-
WOOTEN, Marilyn E. (Widow)
$221.54
221.54
Total Expenses: Pension/Medical
$17,233.61$0.00
$17,233.61 '
Prior Year Pension/Medical Payments:
Total Pension Payments for February, 2012 21,465.52
Total Medical Bills Reimbursed in February, 2012 34.57
Total Expenses: Medical/Pension 21,500.09
4_SUMMARY 2013.XLS 02/08/2013
FIREMEN'S PENSION BOARD
PENSION/MEDICAL PAYMENTS FOR MARCH, 2013
Recipient
Pension Amt
Medical
Total
ANKENY, Charlie (Captain)
$103.20
103.20
BARILLEAUX, Ray (Battalion Chief)
-
-
BEATTEAY, Karlen (Widow)
$212.94
212.94
BERGMAN, Claudette (Widow)
$132.15
132.15
CHRISTENSON, Chuck (Firefighter)
$237.01
237.01
GEISSLER, Dick (Fire Chief)
-
-
GOODWIN, Kathryn Lorayne (Widow)
$1,026.55
1,026.55
HAWORTH, Constance (Widow)
$3,109.45
3,109.45
HURST, Gerald (Firefighter)
$536.68
536.68
JONES, Evelyn M. (Widow)
$231.41
231.41
LARSON, William (Firefighter)
-
-
LAVALLEY, Theodele (Captain)
$338.41
338.41
MATTHEW, James (Deputy Chief)
-
-
MC LAUGHLIN, JACK (Battalion Chief)
$995.39
995.39
NEWTON, Gary (Lieutenant)
$251.08
251.08
NICHOLS, Gerald (Battalion Chief)
$515.00
515.00
PARKS -AN DREASON, Arlene (Widow)
$313.60
313.60
PHILLIPS, Bruce H. (Deputy Chief)
$214.72
214.72
PRINGLE, Arthur (Captain)
$463.41
463.41
PRINGLE, S. Joan (Widow)
$2,671.37
2,671.37
RIGGLE, David E. (Firefighter D Step)
$57.50
57.50
RUPPRECHT, Jim (Firefighter D Step)
$93.99
93.99
SMITH, Leroy (Firefighter)
$399.25
399.25
STROM, Doris (Widow)
$3,410.09
3,410.09
TODD, Franklin (Firefighter)
$461.75
461.75
TONDA, Lila Jean (Widow)
-
-
VACCA, Nick (Lieutenant)
$292.58
292.58
WALLS, Camille (Widow)
$121.78
121.78
WALLS, Mercedes (Widow)
$70.69
70.69
WEISS, Cheryl (Widow)
$752.07
752.07
WILLIAMS, Alta (Widow)
-
-
WOOTEN, Marilyn E. (Widow)
$221.54
221.54
Total Expenses: Pension/Medical
$17,233!61
$0.00
$17,233.61''!'
Prior Year Pension/Medical Payments:
Total Pension Payments for March, 2012 21,465.52
Total Medical Bills Reimbursed in March, 2012 0.00
Total Expenses: Medical/Pension 21,465.52
4_SUMMARY 2013.XLS 03/07/2013