HomeMy WebLinkAboutFinal Agenda PacketCITY OF RENTON
FIREMEN'S PENSION BOARD
Regular Meeting
7th Floor -Mayor's Conference Room
Thursday, June 21, 2012
2:00 P.M.
1�4"T AaIlexe : " C
2. APPROVAL OF MINUTES OF MAY 17, 2012
3. CORRESPONDENCE
4. MONTHLY STATEMENT TO MAY 31, 2012
5. MONTHLY BILLS AND PENSION PAYMENTS
6. UNFINISHED BUSINESS
7. NEW BUSINESS
8. ADJOURNMENT
MINUTES
FIREMEN'S PENSION BOARD
CITY OF RENTON
May 17, 2012
Denis Law, Mayor
Terri Briere, Council Finance Committee Chair (Substitute
Bonnie Walton, City Clerk
Ray Barilleaux, Fire Department Representative
Bruce Phillips, Fire Department Representative
Chuck Christensen, Fire Department Alternate
Don Persson, Council Finance Committee Member)
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 Denis Law, Don Persson, Ray Barilleaux, Bruce Phillips and Bonnie Walton. Also in
attendance was Jill Masunaga, Finance Department Representative.
MINUTES APPROVAL
MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE PENSION BOARD APPROVE THE MINUTES OF
THE APRIL 19, 2012 MEETING. CARRIED.
MONTHLY STATEMENT
The financial report for April 30, 2012, was reviewed. Total cash/investment balance was
$4,291,838.38.
MONTHLY BILLS AND PENSION PAYMENTS
MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE BOARD APPROVE THE PENSION/MEDICAL
PAYMENTS FOR MAY 2012, IN THE TOTAL AMOUNT OF $17,491.98 TO BE PAID FROM THE FIREMEN'S
PENSION FUND. CARRIED. It was noted that the May payments include payment of $500 per RCW
41.18.140 for funeral expenses for William Henry, Jr. who passed away on April 25, 2012.
ADJOURNMENT
MOVED BY PHILLIPS, SECONDED BY BARILLEAUX, THE MEETING OF THE FIREMEN'S PENSION BOARD
BE ADJOURNED. CARRIED. Time: 2:03 p.m.
Bonnie I. Walton, City Clerk
Member and Secretary, Firemen's Pension Board
CITY OF • ' J
CASH & INVESTMENT ACTIVITY REPORT
AS .2012
Report will be distributed at the meeting on Thursday, June 21, 2012
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2012.xls\May12 draft Page 1 06/15/2012
FIREMEN'S PENSION BOARD
PENSION/MEDICAL PAYMENTS FOR JUNE, 2012
Recipient
Pension Amt
Medical
Tatar
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
-
-
GOODWIN, Kathryn Lorayne (Widow)
$1,026.55
1,026.55
HAWORTH, Constance (Widow)
$3,027.70
3,027.70
HENRY, William, Jr. (Captain) deceased 04/25/2012
-
-
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
$16,991,98,
$0.00
$16,991.98'
Prior Year Pension/Medical Payments:
Total Pension Payments for June, 2011 22,781.85
Total Medical Bills Reimbursed in June, 2011 0.00
Total Expenses: Medical/Pension 22,781.85
4 -SUMMARY 2012ALS 06/08/2012
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CITY OF RENTON - FIREMEN'S PENSION FUND
CASH 8� INVESTMENT ACTIVITY REPORT
AS OF MAY 31, 2012
Fireman's Pension Fund Comaarison of Cash and Investment Activitv
s
�2012 ■2011
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'ili. p ii r a�ir+ t4 I � ��iG1i���� i'i) i��if�i k��iR I�i@11� � i`(;'i��IiUIItP�? :�� F��iF�9�"wJ I� t �I�pIiI)�i,}I�I �'.���� 4 pp�y3._ '�") q� '.� y{�:t,�'��Ni �,p�i4��J��i���i ii ��II�����
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BEGINNING CASH/INV BALANCE $4,291,838.38 $4,377,696.45 $4,377,696 $4,189,945.31 $4,286,248.18 $4,286,248
RECEIPTS:
Fire Insurance Premium Tax 119,667.72 119,667.72 100,000 0.00 115,054.06 100,000
Investment Interest 544.29 2,872.71 200,000 450.84 269,981.38 200,000
DISBURSEMENTS:
Fire Pension 17,491.98 105,112.43 525,000 22,781.85 280,887.74 525,000
Fire Pension Medical 0.00 566.04 25,000 0.00 3,937.68 25,000
Office/Operating Supplies 0.00 0.00 475 0.00 411.75 475
Actuarial/Firemen's Pens 0.00 0.00 0 0.00 8,350.00 15,000
Reimb General/Clerical&Acct 0.00 0.00 0 0.00 0.00 0
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CASH/State investment Pool $1,881,582.58 $1,777,983.29 $1,458,119.53 $1,480,852.35
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 6,518.91 7,398.17 3,840.83 3,439.02
TC�T,����HJAt+1�1N11�S�M�����k ���,�{2�� =a I��Cr; � �il��";°�;`$4��;�5��;��s��k'�����$3$��;� 1�+�,�.,��61�1,�t� `���1i89,9�,5.31 '
The State Investment Pool interest 0.1443% 0.1479% 0.1394% 0.1718%
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