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Home My WebLink AboutFinal Agenda PacketCITY OF RENTON FIREMEN'S PENSION BOARD Regular Meeting 7th Floor -Mayor's Conference Room **Wednesday, February 15, 2012** **3:00 P.M. ** 1. CALL TO ORDER 2. APPROVAL OF MINUTES OF FEBRUARY 1, 2012 3. CORRESPONDENCE 4. MONTHLY STATEMENT TO JANUARY 31, 2012 5. MONTHLY BILLS AND PENSION PAYMENTS 6. UNFINISHED BUSINESS 7. NEW BUSINESS 8. ADJOURNMENT MINUTES FIREMEN'S PENSION BOARD CITY OF RENTON February 1, 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 postponed January meeting of the Firemen's Pension Board was called to order by Mayor Denis Law at 3:00 p.m. in the Mayor's Conference room, 7th floor of Renton City Hall. In attendance were Board members Denis Law, 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 DECEMBER 15, 2012 MEETING. CARRIED. MONTHLY STATEMENT The draft financial report for December 31, 2011, was reviewed. Total cash/investment balance was $4,377,483.22. MONTHLY BILLS AND PENSION PAYMENTS MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS FOR JANUARY 2012, IN THE TOTAL AMOUNT OF $26,876.99 TO BE PAID FROM THE FIREMEN'S PENSION FUND. CARRIED. Ms. Masunaga noted that once the last of the medical payments for the late Charles Goodwin have been paid, there no further medical payments will be made from the Firemen's Pension Fund, since only the pre-LEOFF members, now all deceased, were eligible for medical benefits. NEW BUSINESS It was agreed that due to scheduling conflicts, the February Firemen's Pension meeting will take place on Wed., February 15, 2012 at 3:00 pm, and the March meeting will take place on Thurs, March 22, 2012 at 2:30 pm. ADJOURNMENT MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE MEETING OF THE FIREMEN'S PENSION BOARD BE ADJOURNED. CARRIED. Time: 3:15 p.m. Bonnie I. Walton, City Clerk Member and Secretary, Firemen's Pension Board 6 5 L 0 4 0 0 c 3 0 w 0 CCITY OF •PENSION CASH & INVESTMENT ACTIVITY REPORT AS JANUARY 31, 2012 Fireman's Pension Fund Comparison of Cash and Investment Activit Jan Feb Mar Apr May Jun Jul Aug Sep Oct . Nov Dec BEGINNING CASH/INV BALANCE $4,377,696.45 $4,377,696.45 RECEIPTS: Fire Insurance Premium Tax 0.00 0.00 Investment Interest 0.00 0.00 DISBURSEMENTS: 200,000 525,000 Fire Pension 26,345.52 26,345.52 Fire Pension Medical 531.47 531.47 Office/Operating Supplies 0.00 0.00 Actuarial/Firemen's Pens 0.00 0.00 Reimb General/Clerical & Acct 0.00 0.00 CASH/State Investment Pool INVESTMENTS: Federal National Mortgage Assn Treasury Strips & Zero Coupon Bonds Interest Receivable $4,377,696 $4,286,248.18 $4,286,248.18 $4,286,248 100,000 0.00 115,054.06 100,000 200,000 664.14 269,981.38 200,000 525,000 27,248.07 280,887.74 525,000 25,000 526.00 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 $1,838,849.54 $1,865,726.53 $1,551,260.67 $1,578,867.05 99,555.84 99,555.84 99,555.84 99,555.84 2,406,901.08 2,406,901.08 2,606,098.10 2,606,098.10 5,513.00 5,513.00 2,223.64 1,727.19 The State Investment Pool interest 0.1213% 0.1305% 0.2328% 0.2644% Note: * Investment interest not posted, month end not finalized. H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2012.xls\Jan draft Page 1 02/13/2012 CITY OF RENTON - FIREMEN'S PENSION FUND CASH & INVESTMENT ACTIVITY REPORT fi?af AS OF DECEMBER 31, 2011 Fireman's Pension Fund Comparison of Cash and Investment Activity BEGINNING CASH/INV BALANCE $4,401,049.26 $4,286,248.18 $3,392,789 $4,311,548.90 $4,332,817.48 $3,643,264 RECEIPTS: Fire Insurance Premium Tax 0.00 115,054.06 100,000 0.00 112,686.00 100,000 Investment Interest 580.26 269,981.38 200,000 725.57 206,044.57 200,000 DISBURSEMENTS: Fire Pension 23,457.33 280,887.74 525,000 25,656.35 359,681.47 525,000 Fire Pension Medical 367.03 3,937.68 25,000 0.00 5,149.19 25,000 Office/Operating Supplies 108.71 411.75 475 369.94 469.21 475 Actuarial/Firemen's Pens 0.00 8,350.00 15,000 0.00 0.00 0 Reimb General/Clerical & Acct 0,00 0.00 0 0.00 0.00 0 CASH/State Investment Pool INVESTMENTS: Federal National Mortgage Assn Treasury Strips & Zero Coupon Bonds Interest Receivable $1,865,726.53 $1,889,292.92 $1,578,867.05 $1,602,350.91 99,555.84 99,555.84 99,555.84 99,555.84 2,406,901.08 2,406,901.08 2,606,098.10 2,606,098.10 5,513.00 5,299.42 1,727.19 3,544.05 The State Investment Pool interest 0.1305% 0.1480% 0.2644% 0.2155% H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2012.xls\Dec11 final Page 1 02/13/2012 FIREMEN'S PENSION BOARD PENSION/MEDICAL PAYMENTS FOR FEBRUARY, 2012 Recipient Pension Amt Medical .Total ANKENY, Charlie (Captain) $234.61 234.61 BARILLEAUX, Ray (Battalion Chief) - - BEATTEAY, Karlen (Widow) $308.33 308.33 BERGMAN, Claudette (Widow) $227.67 227.67 CHRISTENSON, Chuck (Firefighter) $346.04 346.04 GEISSLER, Dick (Fire Chief) $111.28 111.28 GOODWIN, Charles (Captain) deceased 01/08/2012 34.57 34.57 GOODWIN, Kathryn Lorayne (Widow) $1,123.74 1,123.74 HAWORTH, Constance (Widow) $3,027.70 3,027.70 HENRY, William, Jr. (Captain) $1,474.17 1,474.17 HURST, Gerald (Firefighter) $627.46 627.46 JONES, Evelyn M. (Widow) $329.66 329.66 LARSON, William (Firefighter) $8.33 8.33 LAVALLEY, Theodele (Captain) $462.59 462.59 MATTHEW, James (Deputy Chief) - - MC LAUGHLIN, JACK (Battalion Chief) $1,144.89 1,144.89 NEWTON, Gary (Lieutenant) $363.57 363.57 NICHOLS, Gerald (Battalion Chief) $654.42 654.42 PARKS-ANDREASON, Arlene (Widow) $430.97 430.97 PHILLIPS, Bruce H. (Deputy Chief) $394.41 394.41 PRINGLE, Arthur (Captain) $585.67 585.67 PRINGLE, S. Joan (Widow) $2,601.14 2,601.14 RIGGLE, David E. (Firefighter D Step) $157.25 157.25 RUPPRECHT, Jim (Firefighter D Step) $192.62 192.62 SMITH, Leroy (Firefighter) $486.57 486.57 STROM, Doris (Widow) $3,320.44 3,320.44 TODD, Franklin (Firefighter) $547.15 547.15 TONDA, Lila Jean (Widow) $126.73 126.73 VACCA, Nick (Lieutenant) $398.01 398.01 WALLS, Camille (Widow) $223.40 223.40 WALLS, Mercedes (Widow) $242.39 242.39 WEISS, Cheryl (Widow) $902.83 902.83 WILLIAMS, Alta (Widow) $98.33 98.33 WOOTEN, Marilyn E. (Widow) $313.15 313.15 Total Expenses: Pension/Medical" $21,465.52 $34.57 $21500.09ii Prior Year Pension/Medical Payments: otal Pension Payments for February, 2011 23,525.07 otal Medical Bills Reimbursed in February, 2011 149.44 Total Expenses: Medical/Pension 23,674.51 4 SUMMARY 2012.XLS 02/1012012 � � FIREMEN'S PENSION BOARD MEDICAL BILLS TO BE REIMBURSED IN FEBRUARY,2012 PAYMENT '�F�ia � � 2" Gi� � �..�MI�N�II��iI�Mu�'J�� ;N�i��l7' ry w..�� . � � �� A/!�T�1ihl I��G�.t�id�ii. h�� ,��}��i�r��'�. 2 Charles Goodwin Mercury Pharmacy Services 01/01/12 14.08 2 Charles Goodwin Mercury Pharmacy Services 01/01/12 7.37 2 Charles Goodwin Mercury Pharmacy Services 01/01/12 4.76 2 Charies Goodwin Mercury Pharmacy Services 01/01/12 8.36 Charles Goodwin 34.57 ��I61iiuD��,�4 T�'�'AL ''�' � �„�„ a ��4a ,t� r� �� ° a� �� r yr"_'rvY�I �i(Y��r k a1k r�Vu''h2� � :'�- `&d�9�� "i��' ; �` �e.��t7� i ��aa � ,,,,° 3_2012 FP Medical.XLS PBge 1 Of 1 02/10/2012 �,r SEND CLAIM TO: �r+ C i t y o f R e n t o n Finance Dept.-Fire Pension IQ55 South Grady Way Renton, WA 98057 GS�Y �� ♦ i� ..' ♦ ��,N*�0� CITY OF RENTON FIREMEN'S PENSION BOARD Pharmacy/Medical Claim Reimbursement Request 1) DATE � ,�� -- � (��5 � C�-� t7 �/ 2) DISABILITY RETIREE'S NAME (print) C.� �� ' �'e �``� ' � � ��t;'"—�Z; !'J� ��.�� '�f'.J�> 3) ADDRESS �l�C' � /� - ��c '��. � 7 :-��E 4) DISABILITY AT TIlvIE OF RETIREMENT '�C�Z��t�C-Ulz �- .'�-�-�'7�. 5) DESCRIPTION OF CLAIM: (Supporting documentation must be attached.) (Effective 4/1/2008,pre-LEOFF retirees may submit all grescription drug expenses for reimbursement, whether or not related to the retii-ement disability,provided that the expense is not covered by another plan,source or insurance coverage. Supporfing documentation for aIl must be attached.) 6) TOTAL AMOUNT OF CLAIM: $ � / ,�-�' Amount of total claim (above} that is related to the Retirement Disability: $ 7) I certify that I have not been and will not be compensated by any other organization, insurance carrier or Medicare far the above-mentioned claim for reimbursement other than the City of Renton. I further certify that the above statements are complete and accurate to the best of my knowledge, and that any charges other than prescription drag charges, are related to my disability as determined at the time of my retirement from the Renton Fire Department. � .�. �� Si ature: .�� '"� � r Nate: Supporting documentation must be attached. . . ��i 1' '� � I DATE I RX N0. QTY. DESCRIPTION CHARGES CREDITS BALANCE � BALANCE FROM PREVIOUS STATEMENT 531.47 01-09-2012 Payment 14506 -531.47 01-01-2012 I 697002 I 12 ACETAMINOPHEN 650MG SUPP 14.08 01-01-2012 697003� 12� BISACODYL 10MG SUPP 7,37 01-01-2012 697004 I 1 FLEET ENEMA(RUGBY GENERIC) 4.76 01-01-2012 697005 20 LORAZEPAM 0.5MG TAB (COPAY) 8.36 THE TOTAI, DUE IS YOUR RESPONSISILITY. YOU MAY PAY BY BY CHECK, VISA/MC OR DISCOVER. PAYMENT IS DUE ON THE 12th OF EACH MONTH. Mercury Pharmacy Services, Inc � PO Box 3196 Lynnwood, WA 98046-3196 Phone:425-673-5200 FINAL STATEMENT FINANCE CHARGES ARE CALCULATED AT A MONTHLY RATE OF 1.5%(ANNUAL RATE OF 18.00%)BASED UPON ANY UNPAID BALANCE � OUTSTANDING 30 DAYS OR MORE AS OF BILLING DA7E __=` '(542J21038-GOODWIN, CHARLES A. � � • � �� FINANCE CHARGE YTD FINANCE CHARGES �� OVER 90 DAYS 61-90 DAYS 31-60 DAYS CURRENT BA NCE DUE' � .00 .00 .00 .00 .00 34.57 � 34.57 MERCURY PHf�RMACY$ERU�CES RefainLowe�PoMonForYoucTax/nsurariceRecords � � �a,��v