The URL can be used to link to this page

Home My WebLink AboutFinal Agenda PacketCITY OF RENTON FIREMEN'S PENSION BOARD Regular Meeting 7th Floor -Mayor's Conference Room Thursday, November 15, 2012 I►$1I17a III& I 1. CALL TO ORDER 2. APPROVAL OF MINUTES OF SEPTEMBER 20, 2012 3. CORRESPONDENCE Memo - Ray Barilleaux Term Expiration 4. MONTHLY STATEMENTS FOR SEPTEMBER 30, AND OCTOBER 31, 2012 5. MONTHLY BILLS AND PENSION PAYMENTS 6. UNFINISHED BUSINESS, 7. NEW BUSINESS 8. ADJOURNMENT ""� MINUTES �"� FIREMEN'S PENSION BOARD CITY OF RENTON September 20, 2012 Denis Law, Mayor Terri Briere, Council Finance Committee Chair (Substitute: Don Persson, Council Finance Committee Member) 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 Ray Barilleaux, Bruce Phillips, Don Persson and Bonnie Walton. MINUTES APPROVAL MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, TNE PENSION BOARD APPROVE THE MINUTES OF THE AUGUST 16, 2012 MEETING. CARRIED. MONTHLY STATEMENT The financial report for August 31, 2012, was reviewed. Total cash/investment balance was$4,344,813.77. MONTHLY BILLS AND PENSION PAYMENTS MOVED BY PHILLIPS, SECONDED BY WALTON,THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS FOR SEPTEMBER 2012, IN THE TOTAL AMOUNT OF$17,233.61 TO BE PAID FROM THE FIREMEN'S PENSION FUND. CARRIED. UNFINISHED BUSINE55 Ray Barilleaux stated that he has compiled a listing of email addresses of the Firemen's Pension members and will be providing that to the Board secretary. Regarding frequency of Firemen's Pension Board meetings,the Board agreed to change from monthly to bi- monthly meetings on a trial basis, with the next meeting to occur in November. ADJOURNMENT MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE MEETING OF THE FIREMEN'S PENSION BOARD BE ADJOURNED. CARRIED. Time: 2:03 p.m. �.�'�R�I'1,(,��. W�,/nJ Bonnie I. Walton, City Clerk Member and Secretary, Firemen's Pension Board ! •� � EXECUTIVE p ��0� '� DEPARTMENT M E M O R A N D U M Office of the City�Clerk DATE: November 9, 2012 TO: Mark Peterson, Fire & Emergency Services Chief FROM: Q,�� Bon�tie Walton, City Clerk and Firemen's Pension Board �JI member/Secretary,x6502 SUBIECT: Firemen's Pension Board Term Expiration The two-year term of office for Ray Barilleaux as a member of the Firemen's Pension Board expires on December 31, 2012. An election among the firefighters must be held so that the position may be filled accordingly. Retired members are eligible both to elect and be elected to serve on the board. Following the election, please report back to me in writing(by December 14, 2012, if possible)the name of the firefighter elected to serve on the board for a two-year term from January 1, 2013 to December 31, 2014. Thank you for your assistance. I can be reached at x6502 if you need additional information. cc: Bill Flora, Deputy Fire Chief Firemen's Pension Board Members � � � CITY OF RENTON - FIREMEN'S PENSION FUND CASH & INVESTMENT ACTIVITY REPORT AS OF SEPTEMBER 31, 2012 Fireman's Pension Fund Comparison of Cash and Investment Activi� 6 �2012 ■2011 5 � m 0 4 � w 0 c 3 ` 0 � �. 2 � � c � �. �� k �� 4� � ��'� �:;�:. ;-La� '�s: -<;�`. 4.�. .R�. Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec CURRENT 2012 2012 LAST YEAR 2011 2011 ACTIVITY: MONTH - YTD BUDGET CURR MO AGTUAL ADJBUDGET ' BEGINNING CASH/INV BALANCE $4,344,813.77 $4,377,696.45 $4,377,696 $4,214,812.43 $4,286,248.18 $4,286,248 RECEIPTS: Fire Insurance Premium Tax 0.00 119,667.72 100,000 452.33 115,054.06 100,000 Investment Interest' 484.27 5,071.54 200,000 529.22 269,981.38 200,000 DISBURSEMENTS: Fire Pension 17,233.61 173,805.24 525,000 22,957.33 280,887.74 525,000 Fire Pension Medical 0.00 566.04 25,000 0.00 3,937.68 25,000 Office/Operating Supplies 0.00 0.00 475 130.57 411.75 475 Actuarial/Firemen's Pens 0.00 0.00 0 8,350.00 8,350.00 15,000 ENDING CASH/�NV'BALANCE $4;328,064.43 ':$4,328,064.43 ' $4,�27,221 ' $4,184,356.08 $4,377,696:45 $4,020;773 CURRENT PREYIOUS " LASTYEAR 'LAST YEAR ACTIVITY: " MONTH MONTH CURR MO ' PREV MO CASH/State Investment Pool $1,816,765.80 $1,833,376.31 $1,474,055.78 $1,504,199.82 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 4,841.71 4,980.54 4,646.36 4,958.67 TOTAL GASH ANDINVESTMENTS ' $4;328,064.43 $4,344,813J7 $4,184,356.D8; $4,214,812:43 The State Investment Pool interest 0.1807% 0.1848% 0.1338% 0.1723% H:IFINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2012.x1s\Sep12 final Page 1 11/08/2012 � � � FIREMEN'S PENSION BOARD PENSION/MEDICAL PAYMENTS FOR OCTOBER,2012 _,� � �d._ �� ,� � � �• .� � � �-:� �� < , � y� ,��Reci ient��.�� s��. ��ension��►rnt� �f��ledical�} �, �,Tota1 ��;�;.,�-, �.� 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/OS/2012 - _ GOODWIN, Kathryn Lorayne(Widow) $1,026.55 1,026.55 HAWORTH,Constance(Widow) $3,109.45 3,109.45 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 Chiet� $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 PHILLlPS, 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 Ex enses: Pension/Medical ,i$17,233.61° $0.00 " $17,233.61' Prior Year Pension/Medical Payments: Total Pension Payments for October,2011 22,957.33 Total Medical Bills Reimbursed in October, 2011 0.00 Total Expenses: Medical/Pension 22,957.33 4_SUMMARY 2012.XLS 10/09/2012 � � CITY OF RENTON - FIREMEN'S PENSION FUND CASH & INVESTMENT ACTIVITY REPORT AS OF OCTOBER 31, 2012 Report will be distributed at the meeting on Thursday, November 15, 2012 H:IFINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2012.x1s\Oct12 draft Page 1 11/08/2012 , �r' r.rr FIREMEN'S PENSION BOARD PENSION/MEDICAL PAYMENTS FOR NOVEMBER,2012 t°:&� �'-��'.�>>.y �� . :� Reci ient �, � �; � �,�,� ��. �#.; �;��\!leclical �" - � � P .��.,-� .Pensinn:Amt ;�;,:: �,�oia1 ,.�,'�;�:' 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) $3,109.45 3,109.45 HENRY,William,Jr.(Captain)deceosed 04/�5/2012 , _ _ 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 Chiefl $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,1im(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 November,2011 22,957.33 Total Medical Bills Reimbursed in November,2011 410.21 Total Expenses: Medical/Pension 23,367.54 4_SUMMARY 2012.XLS 11/08/2012 . . � � CITY OF RENTON - FIREMEN'S PENSION FUND CASH & INVESTMENT ACTIVITY REPORT AS OF OCTOBER 31, 2012 Fireman's Pension Fund Comaarison of Cash and Investment Activitv s �2012 ■2011 5 � �o 0 4 0 w 0 c 3 0 � 2 Vs:;� 1 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec ��i k�� 1��i�i P4 �iatih' �t2i��P��h �`,,F�#"��* �;��f � ��'� �j��'�� '�' " r St� 8i ,; ��i . y �� i ' ��}.�-`C�',i�ilii�� r dt."i Fii� a�a"fi�� ' I � -L'��7� i�� {��'�, ��i�' � *y�� PI �. � i �ii� t� `� �� '.a i��. ��"��1�:F � i�;;;� �,�� "K'�� n�a�°�`I� r �; '��1`�y;��'k��IU�A , ��'j',�1�"�" ,��„rz ;r w�'��T_' BEGINNING CASH/INV BALANCE $4,328,064.43 $4,377,696.45 $4,377,696 $4,184,356.08 $4,286,248.18 $4,286,248 RECEIPTS: Fire Insurance Premium Tax 0.00 119,667.72 100,000 0.00 115,054.06 100,000 Investment Interest 433.94 5,505.48 200,000 511.85 269,981.38 200,000 DISBURSEMENTS: Fire Pension 17,233.61 191,038.85 525,000 22,957.33 280,887.74 525,000 Fire Pension Medical 0.00 566.04 25,000 711.23 3,937.68 25,000 Office/Operating Supplies 0.00 0.00 475 172.47 411.75 475 Actuarial/Firemen's Pens 0.00 0.00 0 0.00 8,350.00 15,000 �Nl�IN�`��i�F3�NU�� 'i '��.'��1�2��5,�' ��;��&+#y�"�'�!' ��, ,127,�2'�� 4�� :t�26.�t}"��'�4��7�'��.45 �',�4 C3�t�,`��3' _ � � �� S 3,� � - m� �� u � , � 1�'� ��h� + '�� '' � � w� - � , `;��i�� 'h � �� 'i ��t��'F,��N�N� , �I�E�t"t��$ ,. �1-A��'� ��{��"I'��l�t 1kC�'Etll''I"'�r o, ��M�,� ��,� s = � � �� _ �� g �ttlt3��'f-� ,i u�� ,,�bN7`#��' _�'t1F`�`��kht�� 1��1�I�tt��: CASH/State Investment Pool $1,799,744.95 $1,816,765.80 $1,450,414.60 $1,474,055.78 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 Recewable 5,062 89 4 841 71 4,958.36 4,646.36 '��`I'A�,.��5��#t�' �1��"fi`�+IERI'�` ,��.',�,aq�` ��= i �� F �t.�.�.��3'��i4t��r'":�" �4��8�� 43;;��'�'�+�,"Ifi�Q��,�C}"�'� �+�,�84,35�k��! The State investment Pool interest 0.1777% 0.1807% 0.1127% 0.1338% H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2012.x1s\Oct12 final Page 1 11/15/2012