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HomeMy WebLinkAbout07-19-18 - Signed Minutes MINUTES • FIREFIGHTERS' PENSION BOARD CITY OF RENTON July 19,2018 Denis Law, Mayor Don Persson, Finance Committee Chair-ABSENT Megan Gregor, Deputy City Clerk Ray Barilleaux, Fire Department Representative Bruce Phillips, Fire Department Representative Chuck Christenson,Alternate Fire Department Representative -ABSENT Sean Hollingsworth, Finance Representative The regular meeting of the Firefighters' Pension Board was called to order by Mayor Denis Law at 2:03 p.m. in the Mayor's office, 7th floor of Renton City Hall. In attendance were Board members Mayor Denis Law, Deputy City Clerk Megan Gregor, Fire Department Representatives Ray Barilleaux and Bruce Phillips, and Finance Department Representative Sean Hollingsworth. MINUTES APPROVAL MOVED BY BARILLEAUX,SECONDED BY PHILLIPS,THE PENSION BOARD APPROVE THE MINUTES OF THE MAY 17, 2018 MEETING. CARRIED. MONTHLY STATEMENT The May 31, 2018 and June 30, 2018 financial reports were reviewed.Total cash/investment balance was, as of June 30, 2018, $5,910,174.68. MONTHLY BILLS AND PENSION PAYMENTS MOVED BY BARILLEAUX, SECONDED BY PHILLIPS,THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS OF$14,299.61 FOR JUNE 2018 AND$15,705.91 FOR JULY 2018,TO BE PAID BY THE FIREFIGHTERS' PENSION FUND. CARRIED. NEW BUSINESS Mr. Hollingsworth reported that widows received a 3.1%Cost of Living Allowance (COLA) increase per RCW 41.16.145. ADJOURNMENT MOVED BY PHILLIPS, SECONDED BY BARILLEAUX,THE FIREFIGHTERS' PENSION BOARD ADJOURN. CARRIED.TIME: 2:08 P.M. ason Seth,City Clerk Secretary, Firefighters' Pension Board