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HomeMy WebLinkAboutFinal Agenda PacketCITY OF RENTON FIREMEN'S PENSION BOARD Regular Meeting 7th Floor -Mayor's Conference Room Thursday, April 19, 2012 PAIGa►11 1. CALL TO ORDER 2. APPROVAL OF MINUTES OF MARCH 22, 2012 3. CORRESPONDENCE Certification for Fire Insurance Premium Distribution Purposes 4. MONTHLY STATEMENT TO MARCH 31, 2012 5. MONTHLY BILLS AND PENSION PAYMENTS 6. UNFINISHED BUSINESS 7. NEW BUSINESS 8. ADJOURNMENT MINUTES FIREMEN'S PENSION BOARD CITY OF RENTON March 22, 2012 Denis Law, Mayor Terri Briere, Council Finance Committee 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 2:30 p.m. in the Mayor's Conference room, 7th floor of Renton City Hall. In attendance were Board members Denis Law, Bruce Phillips, Chuck Christensen and Bonnie Walton. MINUTES APPROVAL MOVED BY PHILLIPS, SECONDED BY CHRISTENSEN, THE PENSION BOARD APPROVE THE MINUTES OF THE FEBRUARY 15, 2012 MEETING. CARRIED. MONTHLY STATEMENT The financial report for February 29, 2012, was handed out and reviewed. Total cash/investment balance was $4,330,485.52. MONTHLY BILLS AND PENSION PAYMENTS MOVED BY PHILLIPS, SECONDED BY CHRISTENSEN, THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS FOR MARCH 2012, IN THE TOTAL AMOUNT OF $21,465.52 TO BE PAID FROM THE FIREMEN'S PENSION FUND. CARRIED. ADJOURNMENT MOVED BY PHILLIPS, SECONDED BY CHRISTENSEN, THE MEETING OF THE FIREMEN'S PENSION BOARD BE ADJOURNED. CARRIED. Time: 2:41 p.m. Bonnie I. Walton, City Clerk Member and Secretary, Firemen's Pension Board From: Margaret Schwarz Sent: Thursday, February 09, 2012 8:43 AM To: Bonnie Walton Subject: RE: Firemen Employed Looks like 136 regular full time fire fighters and 6 Batt Chiefs. Margie Schwarz, CPP Payroll Analyst City of Renton 1055 S Grady Way Renton WA 98057 425-430-6925 425-430-6957 (fax) -----Original Message ----- From: Bonnie Walton Sent: Thursday, February 09, 2012 8:26 AM To: Margaret Schwarz Subject: Firemen Employed Annual Inquiry: For State Treasurer reporting purposes, I need to confirm the number of paid firemen employed by the City of Renton as of December 31, 2011, including officers, etc. Please advise. Thank you. Bonnie Walton City Clerk, x6502 1 0 N L 0 4 0 0 c 3 0 2 E CITY OF • ;PENSION CASH & INVESTMENT ACTIVITY REPORT AS OF A'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 $4,330,485.52 $4,377,696.45 RECEIPTS: 200,000 591.44 Fire Insurance Premium Tax 0.00 0.00 Investment Interest 587.31 1,753.46 DISBURSEMENTS: 514.33 3,937.68 Fire Pension 21,465.52 69,276.56 Fire Pension Medical 0.00 566.04 Office/Operating Supplies 0.00 0.00 Actuarial/Firemen's Pens 0.00 0.00 Reimb General/Clerical & Acct 0.00 0.00 $4,377,696 $4,235,775.74 $4,286,248.18 $4,286,248 100,000 0.00 115,054.06 100,000 200,000 591.44 269,981.38 200,000 525,000 23,525.07 280,887.74 525,000 25,000 514.33 3,937.68 25,000 475 0.00 411.75 475 0 0.00 8,350.00 15,000 0 0.00 0.00 0 H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2012.xls\March12 Page 1 04/12/2012 CURRENT PREVIOUS LAST YEAR LAST YEAR ; ACTIVITY: MONTH -,MONTH CURR MO PREY MO CASH/State Investment Pool $1,796,326.84 $1,817,769.07 $1,503,739.70 $1,527,692.54 INVESTMENTS: Federal National Mortgage Assn 99,555.84 99,555.84 99,555.84 99,555.84 Treasury Strips & Zero Coupon Bonds 2,406,901.08 2,406,901.08 2,606,098.10 2,606,098.10 Interest Receivable 6,823.55 6,259.53 2,934.14 2,429.26 TOTAL CASH AND INVESTMENTS $4,309,607,31 $4,330,485.52 ! $4,212,327.78 $4,235,775.74' The State Investment Pool interest 0.1367% 0.1394% 0.2338% 0.2189% H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2012.xls\March12 Page 1 04/12/2012 * * FIREMEN'S PENSION BOARD PENSION/MEDICAL PAYMENTS FOR APRIL, 2012 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, Charles (Captain) deceased 01/08/2012 - 000DWIN, Kathryn Lorayne (Widow) $1,026.55 1,026.55 HAWORTH, Constance (Widow) $3,027.70 3,027.70 HENRY, William, Jr. (Captain) $1,351.91 1,351.91 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) $2,601.14 2,601.14 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) $3,320.44 3,320.44 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 $18,341.89_L $0.00 $18,343.84 * Adjusted to reflect a 3.17% LEOFF cost of living increase effective April 1. Prior Year Pension/Medical Payments: Total Pension Payments for April, 2011 22,781.85 Total Medical Bills Reimbursed in April, 2011 0.00 Total Expenses: Medical/Pension 22,781.85 4 -SUMMARY 2012.XLS 04/09/2012