HomeMy WebLinkAboutFinal Agenda PacketCITY OF RENTON
FIREMEN'S PENSION BOARD
Regular Meeting
7th Floor -Mayor's Conference Room
Thursday, September 20, 2012
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1. CALL TO ORDER
2. APPROVAL OF MINUTES OF AUGUST 16, 2012
CORRESPONDENCE
4. MONTHLY STATEMENT TO AUGUST 31, 2012
5. MONTHLY BILLS AND PENSION PAYMENTS
6. UNFINISHED BUSINESS
7. NEW BUSINESS
8. ADJOURNMENT
August 16, 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 Acting Chairman Don Persson at
2:26 p.m. in the Mayor's Conference room, 7th floor of Renton City Hall. in attendance were Board members
Don Persson, Ray Barilleaux and Bonnie Walton, and Finance Department representative, Jill Masunaga.
MINUTES APPROVAL
MOVED BY BARILLEAUX, SECONDED BY WALTON, THE PENSION BOARD APPROVE THE MINUTES OF THE JULY
23, 2012 MEETING. CARRIED.
MONTHLY STATEMENT
The financial report for July 31, 2012, was reviewed. Total cash/investment balance was $4,360,876.61.
Investments were discussed and it was noted that the last coupon will expire in 2025.
MONTHLY BILLS AND PENSION PAYMENTS
MOVED BY PERSSON, SECONDED BY WALTON, THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS FOR
AUGUST 2012, IN THE TOTAL AMOUNT OF $17,233.61 TO BE PAID FROM THE FIREMEN'S PENSION FUND.
CARRIED.
NEW BUSINESS
A suggestion was made to compile a listing of email addresses of each of the pensioners for potential
communication purposes. Also, options for frequency of Board meetings was briefly discussed. No action
was taken.
ADJOURNMENT
MOVED BY BARILLEAUX, SECONDED BY WALTON, THE MEETING OF THE FIREMEN'S PENSION BOARD BE
ADJOURNED. CARRIED. Time: 2:45 p.m.
Bonnie I. Walton, City Clerk
Member and Secretary, Firemen's Pension Board
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CITY OF - FIREMEN'SPENSION
CASH & INVESTMENT ACTIVITY REPORT
AS OF AUGUST 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
$4,361,509.06
$4,377,696.45
RECEIPTS:
200,000
651.93
Fire Insurance Premium Tax
0.00
119,667.72
Investment Interest "
538.32
4,587.27
DISBURSEMENTS:
0.00
3,937.68
Fire Pension
17,233.61
156,571.63
Fire Pension Medical
0.00
566.04
Office/Operating Supplies
0.00
0.00
Actuarial/Firemen's Pens
0.00
0.00
$4,377,696 $4,237,117.83 $4,286,248.18 $4,286,248
100,000
0.00
115,054.06
100,000
200,000
651.93
269,981.38
200,000
525,000
22,957.33
280,887.74
525,000
25,000
0.00
3,937.68
25,000
475
0.00
411.75
475
0
0.00
8,350.00
15,000
CASH/State Investment Pool
$1,833,376.31
$1,848,789.89
$1,504,199.82
$1,527,084.64
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
4,980.54
6,262.25
4,958.67
4,379.25
The State Investment Pool interest 0.1848% 0.1764% 0.1723% 0.1561%
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2012.xlsWug12 draft Page 1 09/14/2012
FIREMEN'S PENSION BOARD
PENSION/MEDICAL PAYMENTS FOR SEPTEMBER, 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
-
-
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 Chief)
$995.39
995.39
NEWTON, Gary (Lieutenant)
$251.08
251.08
NICHOLS, Gerald (Battalion Chief)
$515.00
515.00
PARKS -AND REASON, 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 September, 2011 22,957.33
Total Medical Bills Reimbursed in September, 2011 0.00
Total Expenses: Medical/Pension 22,957.33
4 -SUMMARY 2012.XLS 09/06/2012