HomeMy WebLinkAboutFinal Agenda PacketCITY OF RENTON
FIREMEN'S PENSION BOARD
Regular Meeting
7th Floor -Mayor's Conference Room
Thursday, June 16, 2011
2:00 P.M.
1. CALL TO ORDER
2. APPROVAL OF MINUTES OF MAY 19, 2011
Fire Insurance Premiums Revenue Distribution 5/31/2011
3. CORRESPONDENCE
4. MONTHLY STATEMENT TO MAY 31, 2011
5. MONTHLY BILLS AND PENSION PAYMENTS
6. -UNFINISHED BUSINESS
7. NEW BUSINESS
8. ADJOURNMENT
FIREMEN'S PENSION BOARD
CITY OF RENTON
May 19, 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 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, Ray Barilleaux, Bruce Phillips, and Bonnie Walton.
MINUTES APPROVAL
MOVED BY PHILLIPS, SECONDED BY BARILLEAUX, THE PENSION BOARD APPROVE THE MINUTES OF
THE APRIL 21, 2011 MEETING. CARRIED.
MONTHLY STATEMENT
The financial report as of April 30, 2011, was reviewed. Total cash/investment balance was
$4,189,902.31.
MONTHLY BILLS AND PENSION PAYMENTS
MOVED BY PHILLIPS, SECONDED BY BARILLEAUX, THE BOARD APPROVE THE PENSION/MEDICAL
PAYMENTS FOR MAY 2011, IN THE TOTAL AMOUNT OF $22,781.85 TO BE PAID FROM THE FIREMEN'S
PENSION FUND. CARRIED.
NEW BUSINESS
Bonnie Walton reported receipt of the LEOFF 1 Post -employment Healthcare Program Actuarial
Valuation dated January 1, 2011, with valuation results rolled back to January 1, 2010. The
document will be on file in the City Clerk office.
ADJOURNMENT
MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE MEETING OF THE FIREMEN'S PENSION BOARD
BE ADJOURNED. CARRIED. Time: 2:07 p.m.
Bonnie I. Walton, City Clerk
Member and Secretary, Firemen's Pension Board
State of Washington
GRYOFRENTON Revenue Distribution
Office of the State Treasurer
Date: 05/23/2011
Treasury Management System
Time: 9:23 am
Fire Insurance Premiums
MAY 2 4 2011
ReportID: FirelnsPrem
Page I I
05/31/2011
of
C' K�OFFICE 881.5517989771
Number of
Paid
City/District
Firefighters
Amount
0010
Aberdeen
35
$ 30,854.31
0060
Anacortes
21
18,512.59
0090
Auburn
75
66,116.39
0120
Bellevue
212
186,888.98
0130
Bellingham
143
126,061.91
0190
Bothell
57
50,248.45
0200
Bremerton
56
49,366.90
0260
Camas
39
34,380.52
0320
Centralia
21
18,512.59
0330
Chehalis
14
12,341.73
0660
Ellensburg
30
26,446.55
0730
Everett
175
154,271.57
0960
Hoquiam
23
20,275.69
1050
Kelso
12
10,578.62
1060
Kennewick
75
66,116.39
1070
Kent
171
150,745.36
1090
Kirkland
88
77,576.56
1230
Longview
44
38,788.28
1250
Lynnwood
52
45,840.69
1350
Mercer Island
29
25,565.00
1460
Moses Lake
28
24,683.45
1490
Mount Vernon
35
30,854.31
1660
Olympia
90
79,339.66
1730
Pasco
51
44,959.14
1770
Port Angeles
23
20,275.69
1830
Pullman
31
27,328:11
1840
Puyallup
57
50,248.45
1870
Raymond
12
10,578.62
1890
Redmond
153
134,877.43
1900
Renton
130
114,601.73
1920
Richland
55
48,485.35
2030
Seattle
1,024
902,709.04
2070
Shelton
6
5,289.31
2160
Spokane
272
239,782.09
2250
Sumner
24
21,157.24
2260
Sunnyside
16
14,104.83
2270
Tacoma
378
333,226.58
2330
Toppenish
7
6,170.86
2340
Tukwila
62
54,656.21
2400
Vancouver
181
159,560.88
2420
Walla Walla
48
42,314.49
2490
Wenatchee
30
26,446.55
2630
Yakima
83
73,168.80
0179
King County Fire Dist #10
125
110,193.98
0178
King County Fire Dist #2
41
36,143.62
0327
Spokane Fire Dist. #1
163
143,692.94
Totals
4,497
S 3,964,338.44
CITY OF RENTON - FIREMEN'SPENSION
CASH & INVESTMENT ACTIVITY REPORT
AS OF MAY 31, 2011
(BEGINNING CASH/INV BALANCE $4,189,945.31 $4,286,248.18
RECEIPTS:
Fire Insurance Premium Tax
0.00
0.00
Investment Interest
0.00
1,966.96
DISBURSEMENTS:
200,000
525,000
Fire Pension
22,781.85
119,861.91
Fire Pension Medical
0.00
1,189.77
Office/Operating Supplies
0.00
0.00
Actuarial/Firemen's Pens
0.00
0.00
Reimb General/Clerical & Acct
0.00
0.00
Note: " investment Interest has not been posted, month end not tlnallzed.
CASH/State Investment Pool
INVESTMENTS:
Federal National Mortgage Assn
Treasury Strips & Zero Coupon Bonds
Interest Receivable
$3,895,540 $4,205,470.04 $4,332,817.48 $3,895,540
100,000
112, 686.00
112,686.00
100,000
200,000
0.00
206,044.57
200,000
525,000
29,848.89
359,681.47
525,000
25,000
588.71
5,149.19
25,000
475
0.00
469.21
475
0
0.00
0.00
0
0
0.00
0.00
0
$1,458,070.50 $1,480,852.35 $1,411,031.83 $1,328,783.43
99,555.84 99,555.84 99,555.84 99,555.84
2,606,098.10 2,606,098.10 2,767,916.83 2,767,916.83
3,439.02 3,439.02 9,213.94 9.213.94
The State Investment Pool interest 0.1394% 0.1718% 0.2709% 0.2395°/0
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2011.xis\May11 draft Page 1 06/10/2011
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FIREMEN'S PENSION BOARD
PENSION/MEDICAL PAYMENTS FOR 1UNE, 2011
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ANKENY,Charlie(Captain) $127.61 127.61
BARILLEAUX,Ray(Battalion Chiefl _ _
BEATTEAY, Karlen(Widow) $226.83 226.83
BERGMAN,Claudette(Widow) $148.67 148.67
CHRISTENSON,Chuck(Firefighter) $253.70 253.70
GEISSLER, Dick(Fire Chief) _ _
GOODWIN,Charles(Captain) $4,273.00 - 4,273.00
GOODWIN, Donald(Firefighter) $1,021.74 1,021.74
HAWORTH,Constance(Widow) $2,968.33 2,968.33
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
MAITHEW,James(Deputy Chiefl _ _
MC LAUGHLIN,IACK(Battalion Chiefl $1,001.63 1,001.63
NEWTON,Gary(Lieutenant) $268.07 268.07
NICHOLS,Gerald(Battalion Chiefl $530.92 530.92
PARKS-ANDREASON,Arlene(Widow) $330.09 330.09
PHILLIPS, Bruce H.(Deputy Chiefl $246.21 246.21
PRINGLE,Arthur(Captain) $477.17 477.17
PRINGLE,S.Joan(Widow) $2,550.14 2,550.14
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) $3,255.33 3,255.33
TODD, Franklin(Firefighter) $468.15 468.15
TONDA, Lila Jean(Widow) _ _
VACCA, Nick(Lieutenant) $307.01 307.01
WALLS,Camille(Widow) $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
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Prior Year Pension/Medical Payments:
Total Pension Payments for June,2010 2g g4g g9
Total Medical Bills Reimbursed in June,2010 57.56
Total Expenses: Medical/Pension 29,906.45
4_SUMMARY 2011.XLS 06/10/2011
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FIREMEN'S PENSION BOARD
MEDICAL BILLS TO BE REIMBURSED IN JUNE,2011 PAYMENT
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Charles Goodwin 0.00
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3_2011 FP Medical.XLS Page 1 of 1 06/10/2011