HomeMy WebLinkAboutFinal Agenda PacketCITY OF RENTON
FIREMEN'S PENSION BOARD
Regular Meeting
7th Floor -Mayor's Conference Room
Thursday, July 21, 2011
2:00 P.M.
1. CALL TO ORDER
2. APPROVAL OF MINUTES OF JUNE 16, 2011
3. CORRESPONDENCE
a. Cost of Living Increase - Widows
4. MONTHLY STATEMENT TO JUNE 30, 2011
5. MONTHLY BILLS AND PENSION PAYMENTS
6. UNFINISHED BUSINESS
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8. ADJOURNMENT
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MINUTES
FIREMEN'S PENSION BOARD
CITY OF RENTON
June 16, 2011
Denis Law, Mayor
Don Persson, 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 Acting Chairman Don
Persson at 2:00 p.m. in the Mayor's Conference room, 7th floor of Renton City Hall. In attendance were
Board members Don Persson, Ray Barilleaux, Bruce Phillips, and Bonnie Walton. Also present: lill
Masunaga, Finance Dept. representative.
MINUTES APPROVAL
MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE PENSION BOARD APPROVE THE MINUTES OF THE
MAY 19, 2011 MEETING. CARRIED.
CORRESPONDENCE
Bonnie Walton reported receipt of the annual Fire Insurance Premiums Revenue Distribution report
from the Washington Office of the State Treasure. The City's share of the 5/31/11 distribution, based on
Renton having 130 paid firefighters at the end of December 2010, is $114,601.73.
MONTHLY STATEMENT
The financial report as of May 31, 2011, was reviewed. Total cash/investment balance was
$4,167,163.46.
MONTHLY BILLS AND PENSION PAYMENTS
MOVED BY PHILL.IPS, SECONDED BY BARILLEAUX,TO APPROVE THE PENSION/MEDICAL PAYMENTS FOR
JUNE 2011, IN THE TOTAL AMOUNT OF $22,781.85, TO BE PAID FROM THE FIREMEN'S PENSION FUND.
CARRIED.
NEW BUSINESS
The recent celebration of Charles Goodwin's 96th birthday was reported. Of those receiving Firemen's
Pension benefits from the City, Mr. Goodwin is the only pre-LEOFF retiree still living.
ADJOURNMENT
MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE MEETING OF THE FIREMEN'S PENSION BOARD BE
ADJOURNED. CARRIED. Time: 2:13 p.m.
��, ,� G�.22ton,
Bonnie I. Walton
Firemen's Pension Board Member & Secretary
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EXECUTIVE DEPARTMENT p o c��.of ,�.
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City Clerk Office �LL�-J:
M E M O R A N D U M
DATE: July 14, 2011
TO: Members, Firemen's Pension Board
FROM: � Bonnie Walton, City Clerk/Board Secretary & Member
SUBJECT: Cost of Living Increase Payable July 2011 -Widows
Washington State Law (RCW 41.18.104) requires that the Firemen's Pension Board meet
each year for the purpose of adjusting benefit allowances for widows of firemen
pensioned prior to the LEOFF Act (March 1970). The Board must determine benefits
according to the increase in the Consumer Price Index for the previous calendar year for
the Seattie, Washington, area as compiled by the Bureau of Labor Statistics of the
United States Department of Labor.
The Bureau has updated its form for this year and has reported a 0.3% annual increase
in the CFI percentage for All Urban Consumers in the Seattle area for 2010. A copy of
the report is attached.
RCW 41.16.145 requires a minimum increase of 2% annually, regardless of the
Consumer Price Index. Therefore I recommend that the Board adopt a 2% increase,
effective July 1, 2011, and paid July 31, 2011.
cc: Iwen Wang, FIS Administrator
h:\cityclerk\002 city clerk official\pension firemens\memo-col adj widows 2010+.doc
. . ,
Westein Information Office,90 7th St.,Suite 14-100,San Francisco,CA 94103 �
Infonnation Statt'(415) 625-2270/Fax(415)625-2351
SEATTLE-TACOMA-BREMERTON
05/11/11 Consumer Price Index,Ail Items, 1982-84=100 for Ali Urban Consumers(CPI-U) SEMIANNUAL
1ST 2ND ANNUAL
YEAR JAN FEB MARCH APRIL MAY JUNE JULY AUG SEPT OCT NOV DEC HALF HALF AVERAGE
�gg2 137.8 140.2 139.0
1993 141.9 143.9 142.9
1994 146.4 149.2 147.8
1995 151.2 153.3 152.3
1996 155.6 159.4 157.5
�997 165.0 161.9 164.1 163.0
1998 166.5 166.4 167.5 168.5 169.3 169.4 166.6 168.9 167.7
1999 170.6 172.2 172.7 173.4 174.7 174.4 171.6 174.0 172.8
2000 176.1 177.8 179.2 180.3 182.1 181.5 177.3 181.1 179.2 �
2001 184.0 184.2 186.3 186.8 187.9 186.1 184.4 186.9 185.7
2002 187.6 188.8 189.4 190.3 190.9 190.0 188.3 190.3 189.3
2003 191.3 192.3 191.7 194.4 193.7 191.0 191.6 193.1 192.3
2004 193.5 194.3 195.3 194.6 196.5 195.1 194.0 195.4 194.7
2005 197.6 201.3 199.8 199.9 203.3 200.9 1992 201.3 200.2
2006 203.6 207.4 208.2 209.6 209.8 209.3 205.8 209.5 207.6
2007 211.704 215.767 215.510 215.978 218.427 218.966 213.810 217.502 215.656
2008 221.728 223.196 228.068 227.745 225.915 222.580 223.569 225.869 224.719
2009 224.737 225.918 227.257 227.138 226.277 225.596 225.580 226.475 226.028
2010 226.085 226.513 226.118 227.645 227.251 226.862 226.195 227.190 226.693
2011 229.482 231.314
Table of over-the-year percent increases. An entry for Feb.2006 indicates the percentage increase from Feb.2005 to Feb.2006.
1993 3.0 2.6 2.8
1994 3.2 3.7 3.4
1995 3.3 2.7 3.0
1996 2.9 4.0 3.4 �
1997 4.0 2.9 3.5
1998 2.7 2.9 2.9 2.9
1999 2.5 3.5 3.1 2.9 3.2 3.0 3.0 3.0 3.0
2000 3.2 3.3 3.8 4.0 4.2 4.1 3.3 4.1 3.7
2001 4.5 3.6 4.0 3.6 3.2 2.5 4.0 3.2 3.6
2002 2.0 2.5 1,7 1.9 1.6 2,1 2.1 1.8 1.9
2003 2.0 1.9 1.2 2.2 1.5 0.5 1.8 1.5 1.6
2004 1.2 1.0 1.9 0.1 1.4 2.1 1.3 1.2 1.2
2005 2.1 3.6 2.3 2.7 3.5 3.0 2.7 3.0 2.8
2006 3.0 3.0 4.2 4.9 3.2 4.2 3.3 4.1 3.7
2007 4.0 4.0 3.5 3.0 4.1 4.6 3.9 3.8 3.9
2008 4.7 3.4 5.8 5.4 3.4 1.7 4.6 3.8 4.2
2009 1.4 1.2 -0.4 -0.3 0.2 . 1.4 0.9 0.3 0.6
2010 0.6 0.3 -0.5 0.2 0.4 0.6 0.3 0.3 0.3
2011 1.5 2.1
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CITY OF RENTON - FIREMEN'S PENSION FUND
CASH & INVESTMENT ACTIVITY REPORT
AS OF JUNE 30, 2011
Fireman's Pension Fund Comparison of Cash and Investment Activitv
s
■2011 ❑2010
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Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
CURRENT ' 2011 2011 LASTYEAR 2010 ,2010
ACTIVITY: MONTH ' YTD BUDGET CURR MO ACTUAL ADJBUDGET
BEGINNING CASH/INV BALANCE $4,167,614.30 $4,286,248.18 $3,895,540 $4,289,123.35 $4,332,817.48 $3,895,540
RECEIPTS:
Fire Insurance Premium Tax 114,601.73 114,601.73 100,000 0.00 112,686.00 100,000
Investmentinterest" 982.84 3,400.64 200,000 1,424.92 206,044.57 200,000
DISBURSEMENTS:
Fire Pension 22,781.85 142,643.76 525,000 29,848.89 359,681.47 525,000
Fire Pension Medical 0.00 1,189.77 25,000 57.56 5,149.19 25,000
Office/Operating Supplies 0.00 0.00 475 0.00 469.21 475
Actuarial/Firemen's Pens 0.00 0.00 0 0.00 0.00 0
Reimb General/Clerical 8�Acct 0.00 0.00 0 0.00 0.00 0
ENDING CASH/INV BALANCE $4,260,417.02 $4,260,417A2 $3,645,065 $4,260,641.82 $4,286,248.18 $3,645,065
CURRENT PREVIOUS LAST YEAR LAST YEAR
ACTIVITY: MONTH MONTH CURR MO PREV MO
CASH/State Investment Pool $1,550,963.25 $1,458,119.53 $1,381,309.26 $1,411,031.83
INVESTMENTS:
Federal National Mortgage Assn 99,555.84 99,555.84 99,555.84 99,555.84
Treasury Strips&Zero Coupon Bonds 2,606,098.10 2,606,098.10 2,767,916.83 2,767,916.83
Interest Receivable 3,799.83 3,840.83 11,859.89 9,213.94
TOTAL CASH AND INVESTMENTS $4,260,417,02 $4,167,614.30 $4,260,641:82 $4;287,718.44
The State Investment Pool interest 0.1583% 0.1394% 0.3014% 0.2709%
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2011.x1s\Jun11 Page 1 07/15/2011
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FIREMEN'S PENSION BOARD
PENSION/MEDICAL PAYMENTS FOR 1ULY,2011
����'"��`���:�����.ry��Recipient��'������� * � ' � 'rv;, � ��Pension°'Amt �;�Medical�..,x -�.� ;Total,�..,�-_�.:
, �. ., ,.
ANKENY,Charlie(Captain) $127.61 127.61
BARILLEAUX, Ray(Battalion Chief) - _
BEATTEAY, Karlen(Widow) $226.83 226.83
BER6MAN,Claudette(Widow) $148.67 148.67
CHRISTENSON,Chuck(Firefighter) $253.70 253.70
GEISSLER, Dick(Fire Chief) - _
GOODWIN,Charles(Captain) $4,273.00 1,259.44 5,532.44
GOODWIN, Donald(Firefighter) $1,021.74 1,021.74
* HAWORTH,Constance(Widow) $3,027.70 3,027.70
HAWORTH,Jack(Firefighter)deceased 01/14/2011 - -
HENRY,William,Jr.(Captain) $1,343.97 1,343.97
HURST,Gerald(Firefighter) $542.46 542.46
JONES, Evelyn M.(Widow) $246.16 246.16
LARSON,William(Firefighter) - _
LAVALLEY,Theodele(Captain) $355.59 355.59
MATTHEW,James(Deputy Chief) - _
MC LAUGHLIN,IACK(Battalion Chiefl $1,001.63 1,001.63
NEWTON,Gary(Lieutenant) $268.07 268.07
NICHOLS,Gerald(Battalion Chief) $530.92 530.92
PARKS-ANDREASON,Arlene(Widow) $330.09 330.09
PHILLIPS, Bruce H.(Deputy Chie� $246.21 246.21
PRINGLE,Arthur(Captain) $477.17 477.17
* PRINGLE,S.Joan(Widow) $2,601.14 2,601.14
RIGGLE, David E.(Firefighter D Step) $76.25 76.25
RUPPRECHT,Jim(Firefighter D Step) $111.62 111.62
SMITH, Leroy(Firefighter) $407.57 407.57
* STROM, Doris(Widow) $3,320.44 3,320.44
TODD, Franklin(Firefighter) $468.15 468.15
TONDA, Lila Jean(Widow) - -
VACCA, Nick(Lieutenant) $307.01 307.01
WALLS,Camille(Widowj $139.90 139.90
WALLS, Mercedes(Widow) $104.07 104.07
WEISS,Cheryl (Widow) $764.51 764.51
WILLIAMS,Alta(Widow) - -
WOOTEN, Marilyn E.(Widow) $235.15 235.15
_ o a �. nse �2'�i$�a. ..�Nlerlical' ; . � 22;957':33�_,,. �� i�Z59�4� ;$24�16:�7�'
* Received a 2.0%CPI increase effective July 1 per RCW 41.16.145.
Prior Year Pension/Medical Payments:
Total Pension Payments for July,2010 30,020.92
Total Medical Bills Reimbursed in July, 2010 0.00
Total Expenses: Medical/Pension 30,020.92
4_SUMMAftY 2011.XLS 07l15l2011
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FIREMEN'S PENSION BOARD
MEDICAL BILLS TO BE REIMBURSED IN JULY,2011 PAYMENT
�Pa"'� ���k=;�����%Name�� �;����� -"'�Pharmac /Medical Facili ":`_' �r�� Date�.�°� �=Amou`nt of Biil.':
Charles Goodwin Bartell Drugs 03/18/11 91.35
Charles Goodwin Bartell Drugs 03/19/11 17.99
Charles Goodwin Bartell Drugs 04/01/11 226.63
Charles Goodwin Bartell Drugs 04/09/11 17.99
Charles Goodwin Bartell Drugs 04/11/11 17.00
Charles Goodwin Bartell Drugs 05/02/11 17.99
Charles Goodwin Bartell Drugs 05/18/11 350.88
Charles Goodwin Bartell Drugs 05/23/11 47.49
Charles Goodwin Bartell Drugs 06/06/11 15.29
Charies Goodwin Bartell Drugs 06/06/11 365.48
Charles Goodwin Bartell Drugs 06/18/11 91.35
Charles Goodwin 1,259.44
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3_2011 FP Medical.XLS Page 1 of 1 07l1512011
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SENDCLAIMTO: City of Renton
Finance Dept.�Fire Pension
1055 Sfluth Grady Way
Renton,`VA 98057
US�Y ��
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CITY OF RENTON
FIREMEN'S PENSION BOA.RD
Phannacy/Medical Claim Reimbursement Request
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1) DATE F� � ��
2) DISABILITY RETIREE'S NAME -'
(print) �},��LC� C�"Ol�./�Cc�l o'L/
3) ADDRESS i�/����t�J/�d� �/� Jf,' � -Tl����1G� GU� �Z�(�S� ����
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4) DISABILITY AT TIME OF RETIREMENT �� -���1��,�9L �/�:
5) DESCRIPTION OF CLAIM: (Supporting documentation must be attached.)
(Effective 4/1/2008,pre-LEOFF retirees may submit all prescription drug expenses for reimbursement,
whether or not related to the retirement disability,provided that the expense is not covered by another
plan,source or insurance co era Supporting documentation for all must be attached.)
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G�d�����`-�'
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b) TOTAL AMOUNT OF CLAIM: $ ��� �/ —�'
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Amount of total claun (above) that is related to the Retirement Disability: $ 1 ri � `� �
7) I certify that I have not been and will not be compensated by any other organization,
insurance carrier or Medicare for 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 drug charges, are
related to my disability as deternuned at the time of my retirement from the Renton Fire
Department.
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Signature: � �����'�""``-`-
Note: Supporting documentation must be attached.
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RX#Q59039a045 R DR.G.LORCH RX#C 0596132-045 R DR.A.GRIFFfTH
FILL DATE: 03/18/20y1 (425)251-5110 FILL JATE: 03/19/2011 (425)899-3123
CARVEDILOL 6.25MG TABS ZOLPIDEM TARTRATE 5MG TABS
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REF# 14156194654659 Qty Dispensed: 180 REF# t4164698784659 Qty Dispensed: 30
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WITH SR YOU PAY $ 91.35 WITH SR YOU PAY $ 17.99
CALL YOUR DOCTOR FOR MEDICAL ADVICE ABOUT SIDE EFFECTS. CALL YOUR DOCTOR FOR MEDICAL ADVICE ABOUT SIDE EFFECTS.
YOU MAY REPORT SIDE EFFECTS TO THE FDA AT 1-80Q-FDA-1088. YOU MAY REPORT SIDE EFFECTS TO THE FDA AT 1-800-FDA-1088.
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FILL DATE: 04/11/2011 (425)251-5110 FILL DATE: 05/02/2011 (425)899-3123
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BARTELL DRUGS PRICE_$18.89 BARTELL DRUGS PRICE_$19.89
WITH SR YOU PAY $ 17.00 WITH SR YOU PAY $ 17:99
CALL YOUR DOCTOR FOR MEDICAL ADVICE ABOUT SIDE EFFECT; CALL YOUR DOCTOR FOR MEDICAL ADVICE ABOUT SIDE EFFECTS.
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WITH SR YOU PAY $350.88
CALL YOUR DOCTOR FOR MEDICAL ADVICE ABOUT SIDE EFFECTS. CALL YOUR DOCTOR FOR MEDICAL ADVICE ABOUT SIDE EFFECT;
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WITH SR YOU PAY $ 365.48
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NDC#00093-0135-05 Refilis Remaining: NO T �G''�,�� � t, '
REF#98186049425Q9 Qty Dispensed: 180 ,� `'��'�-` � _,/'/, � �-'
BARTELL DRUGS PRICE_$99.29 � '� ` U �
WITH SR YOU PAY $ 91.35 �`' y
CALL YOUR DOCTOR FOR MEDICAL ADVICE ABOUT SIDE EFFECTS. ��' i r�� `1� .-%
YOU MAY REPORT SIDE EFFECTS TO THE FDA AT 1-800-FDA-1088. �
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