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HomeMy WebLinkAbout11-16-17 - Signed Minutes MINUTES FIREFIGHTERS' PENSION BOARD CITY OF RENTON November 16,2017 Denis Law, Mayor—ABSENT Don Persson, Finance Committee Chair—ABSENT lason Seth,City Clerk Ray Barilleaux, Fire Department Representative Bruce Phillips, Fire Department Representative Chuck Christenson,Alternate Fire Department Representative Jamie Thomas, Fiscal Services Director Sean Hollingsworth, Finance Representative The regular meeting of the Firefighters' Pension Board was called to order by Ray Barilleaux, Fire Department Representative at 2:01 p.m. in the Mayor's office, 7th floor of Renton City Hall. In attendance were Board members City Clerk Jason Seth, Fire Department Representatives Ray Barilleaux and Bruce Phillips, and Finance Department Representatives Jamie Thomas and Sean Hollingsworth. MINUTES APPROVAL MOVED BY BARILLEAUX, SECONDED BY SETH,THE PENSION BOARD APPROVE THE MINUTES OF THE SEPTEMBER 21, 2017 MEETING. CARRIED. MONTHLY STATEMENT The September 30, 2017 and October 31, 2017 financial reports were reviewed.Total cash/investment balance was, as of October 31, 2017, $5,777,392.55. MONTHLY BILLS AND PENSION PAYMENTS MOVED BY PHILLIPS, SECONDED BY SETH,THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS OF$15,287.12 FOR OCTOBER 2017 AND$15,287.12 FOR NOVEMBER 2017,TO BE PAID BY THE FIREFIGHTERS' PENSION FUND. CARRIED. UNFINISHED BUSINESS Discussion ensued regarding the payments for widows, pre-LEOFF and LEOFF I pay increases, as well as the timing for COLA increases. Ms.Thomas indicated that she would review the issue and report back any findings she may discover regarding pension pay. NEW BUSINE55 Mr. Seth reported he would be sending a notice to the Renton Regional Fire Authority requesting an election be held to either re-elect Mr. Phillips for another two-year term or elect someone new to fill his position. ADJOURNMENT MOVED BY BARILLEAUX, SECONDED BY SETH,THE FIREFIGHTERS' PENSION BORARD ADIOURN. CARRIED.TIME: 2:15 P.M. 11/16/2017 Minutes Firefighters' Pension Board Page 2 of 2 � r lason Seth, City Clerk Secretary, Firefighters' Pension Board