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Home My WebLink AboutFinal Agenda Packet ire Name' CITY OF RENTON FIREMEN'S PENSION BOARD Regular Meeting 7th Floor-Mayor's Conference Room Thursday, January 20, 2005 3:30 P.M. 1. CALL TO ORDER 2. APPROVAL OF MINUTES OF DECEMBER 16, 2004 3. CORRESPONDENCE 4. MONTHLY STATEMENT TO 12/31/2004 5. MONTHLY BILLS AND PENSION PAYMENTS 6. UNFINISHED BUSINESS Funding History Report- Walton 7. NEW BUSINESS 8. ADJOURNMENT *we )4fir MINUTES FIREMEN'S PENSION BOARD CITY OF RENTON December 16, 2004 Kathy Keolker-Wheeler, Mayor Randy Corman, Council Finance Committee Chair Bonnie Walton, City Clerk Ray Barilleaux, Fire Department Representative William Henry, Fire Department Representative William Larson, Fire Department Alternate The regular meeting of the Firemen's Pension Board was called to order by Chairman Kathy Keolker-Wheeler at 3:33 p.m. in the Mayor's conference room, 7th floor of Renton City Hall. In attendance were Board members Kathy Keolker-Wheeler, William Henry, William Larson and Bonnie Walton; and Jill Masunaga, Finance Department Representative. MINUTES APPROVAL MOVED BY LARSON, SECONDED BY HENRY, THE PENSION BOARD APPROVE THE MINUTES OF THE NOVEMBER 18, 2004, MEETING. CARRIED. CORRESPONDENCE A memo from A. Lee Wheeler, Fire Chief, was read stating that Ray Barilleaux had been re- elected to a two-year term on the Firemen's Pension Board with the new term to expire on December 31, 2006. MONTHLY STATEMENT The financial report as of November 30, 2004, was reviewed. Total cash/investment balance was $5,006,563.08. MONTHLY BILLS AND PENSION PAYMENTS MOVED BY WALTON, SECONDED BY LARSON, THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS FOR DECEMBER 2004, IN THE TOTAL AMOUNT OF $32,102.64. CARRIED. UNFINISHED BUSINESS Funding of the Firemens Pension Fund was discussed. The Board Secretary was asked to research the minutes to determine when full funding was attained. ADJOURNMENT MOVED BY HENRY, SECONDED BY LARSON, THE MEETING OF THE FIREMEN'S PENSION BOARD BE ADJOURNED. CARRIED. Time: 3:43 p.m. Bonnie I. Walton, City Clerk Member and Secretary, Firemen's Pension Board r , k CITY OF RENTON - FIREMEN'S PENSION FUND CASH & INVESTMENT ACTIVITY REPORT AS OF DECEMBER 31, 2004 Fireman's Pension Fund Comparison of Cash and Investment Activity 6I ❑2004 ❑2003 - ro c 4 o i ,i o t c 0 3 - 2 - 1 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec CURRENT 2004 2004 LAST YEAR 2003 2003 AI ACTIVITY: MONTH YTD BUDGET CURR MO YTD ADJ BUDGET ' BEGINNING CASH/INV BALANCE $5,006,563.08 $5,133,315.47 $5,133,315 $5,058,678.52 $5,312,164.41 $5,312,164 RECEIPTS: Property Taxes 0.00 0.00 $0 0.00 0.00 $0 Fire Insurance Premium Tax 0.00 70,249.69 $40,000 0.00 63,087.83 $32,000 Investment Interest 1,279.36 154,280.97 $110,000 104,147.54 120,274.09 $115,000 DISBURSEMENTS: Fire Pension 31,161.71 374,624.19 $375,000 28,870.67 350,744.84 $355,000 Office/Operating Supplies 0.00 399.21 $400 97.92 391.02 $400 Actuarial/Firemen's Pens 0.00 0.00 $0 0.00 4,575.00 $4,000 Reimb General/Clerical&Acct 558.00 6,700.00 $6,700 542.00 6,500.00 $6,500 ENDING CASH/INV BALANCE $4,976,122.73 $4,976,122.73 $4,901,215 $5,133,315.47 $5,133,315.47 $5,093,264j CURRENT PREVIOUS LAST YEAR LAST YEAR ACTIVITY: MONTH MONTH CURR MO PREV MO CASH $24,748.64 $55,188.99 $26,066.15 $4,140.46 INVESTMENTS CD's&State Investment Pool 754,767.46 379,767.46 729,767.46 729,767.46 Snohomish County Housing Authority 0.00 0.00 98,272.00 98,272.00 Federal National Mortgage Assn 99,555.84 99,555.84 0.00 0.00 Treasury Strips&Zero Coupon Bonds 4,097,050.79 4,472,050.79 4,279,307.78 4,226,498.60 Corporate Bonds 0.00 0.00 0.00 0.00 Convertable Bonds 0.00 0.00 0.00 0.00 Mutual Funds 0.00 0.00 0.00 0.00 TOTAL CASH AND INVESTMENTS $4,976,122.73 $5,006,563.08 $5,133,413.39 $5,058,678.52 The State Investment Pool interest 2.0740% 1.8810% 1.0698% 1.0694% H:\FINANCE\FINPLAN\FIREPEN\2003 Fire Pension\1_Fire_Pension_2003.xls Page 1 1/14/2005 "wrre Nftir+ FIREMEN'S PENSION BOARD PENSION/MEDICAL PAYMENTS FOR JANUARY, 2005 Recipient Pension Amt Medicals Total * ANKENY, Charlie (Captain) $191.10 191.10 * ASHURST, James (Assistant Chief) $4,045.50 - 4,045.50 * BANASKY, George (Captain) $961.02 961.02 * BARILLEAUX, Ray (Battalion Chief) - - * BEATTEAY, Karlen (Widow) $254.27 254.27 * BERGMAN, Claudette (Widow) $186.78 186.78 * CHRISTENSON, Chuck(Firefighter) $348.82 348.82 * COLOMBI, Jack (Captain) $459.47 459.47 * CONNELL, Robert(Captain) $713.39 713.39 * GEISSLER, Dick(Fire Chief) - - * GOODWIN, Charles (Captain) $3,670.50 - 3,670.50 * GOODWIN, Donald (Firefighter) $937.12 937.12 HAWORTH, Constance (Widow) $2,472.05 2,472.05 * HAWORTH, Jack(Firefighter) $2,768.50 - 2,768.50 * HENRY, Teresa A. (Widow) $337.62 337.62 * HENRY, William, Jr. (Captain) $1,229.80 1,229.80 * HURST, Gerald (Firefighter) $521.61 521.61 * JONES, Gerald D. (Firefighter) $272.09 272.09 * LARSON, William (Firefighter) $0.92 0.92 * LAVALLEY, Theodele (Captain) $382.45 382.45 * MATTHEW, James (Deputy Chief) - - * MC LAUGHLIN, JACK(Battalion Chief) $794.75 794.75 * NEWTON, Gary (Lieutenant) $300.14 300.14 * NEWTON, Roger(Firefighter) $8.37 8.37 * NICHOLS, Gerald (Battalion Chief) $406.02 406.02 * PARKS-ANDREASON, Arlene (Widow) $356.05 356.05 * PARKS, John (Firefighter) $2,873.50 366.01 3,239.51 * PHILLIPS, Bruce H. (Deputy Chief) $159.11 159.11 * PRINGLE, Arthur(Captain) $485.30 485.30 PRINGLE, S. Joan (Widow) $2,123.77 2,123.77 * RIGGLE, David E. (Firefighter D Step) $127.31 127.31 * RUPPRECHT, Jim (Firefighter D Step) $156.99 156.99 * SMITH, Leroy (Firefighter) $404.09 404.09 * STROM, Karl (Firefighter) $2,768.50 - 2,768.50 * TODD, Franklin (Firefighter) $454.94 454.94 * TONDA, Ernie (Captain) $98.84 98.84 * VACCA, Nick(Lieutenant) $329.36 329.36 * WALLS, Kenneth (Firefighter D Step) $182.89 182.89 * WALLS, Mercedes (Widow) $42.98 42.98 * WALSH, David (Firefighter) $976.71 976.71 * WALSH, Patrick(Captain) $912.02 912.02 * WEISS, Larry (Battalion Chief) $597.31 597.31 * WOOTEN, Marilyn E. (Widow) $258.26 258.26 Total Expenses: Pension/Medical, 34470.22 366.09 34,936.23 Prior Year Pension/Medical Payments: Total Pension Payments for January, 2004 32,069.44 Total Medical Bills Reimbursed in January, 2004 1,472.75 Total Expenses: Medical/Pension 33,542.19 * Includes a 3.0% cost of living increase effective January 1 per union contract. 4_SUMMARY 2005 1/14/2005 8:09 AM `w ,wire FIREMEN'S PENSION BOARD MEDICAL BILLS TO BE REIMBURSED IN JANUARY, 2005 PAYMENT Page Name Pharmacy/Medical Facility Amount of Bill James Ashurst 0.00 Charles Goodwin 0.00 Jack Haworth 0.00 2 John Parks Olympic Drug 23.22 2 John Parks Olympic Drug 160.94 2 John Parks Olympic Drug 54.38 2 John Parks Olympic Drug 23.85 2 John Parks Olympic Drug 103.62 366.01 Karl Strom 0.00 TOTAL 366.01 3_2005 FP Medical 1/14/2005 8:09 AM Nr✓ Neale SEND CLAIM TO: City of Renton Finance Dept.-Fire Pension 1055 South Grady Way Renton, WA 98055 N CITY OF RENTON FIREMEN'S PENSION BOARD Pharmacy/Medical Claim Reimbursement Request 1) DATE a n . 3/ p_ 065- 2) 165- 2) DISABILITY RETIREE'S NAME(print) JDA I— . 7rk-5 3) ADDRESS /43 35 3Tri /I v 4r10'9 1-0n Viet PO. eft b.3 d 4) DISABILITY AT TIME OF RETIREMENT .S d-74 D ./1. ,r e 1 d JC d 1_5 e!.S -e J i ; 1- -r1.1i4 j vlcers all liXierly froble-ms 5) DESCRIPTION OF CLAIM: (Supporting documentation must be attached.) (Note: Medical coverage is limited to current treatment of the retiree's disability as determined at the time of retirement. (RCW 41.18) Submit only claims that relate to item#4.) ed / d/,1e Pry' Gemf 6 7naC41 4nCt 3xt yipry f7-rdble71c -i- // // 6) TOTAL AMOUNT OF CLAIM boo , 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 ether than the City of Renton. I further certify that the above statements are complete and accurate to the best of my knowledge, and that all claims submitted are related to my disability as determined at the time of m retirement from the Renton Fire Department. Signature: 4 A-4/ Note: Supporting documentation must be attached. 1441.01 r1111 + Value at the smiling'0' vetto` Value at the 12lw44x315t1uAFmvesa.,aLogqi�ewms,22,8117 eamhrtPb. )43-33ia6Ee0 w12445mAvew Lo�itwWw62 edMhe3H 33 RX#C456979 DR. RICHARDS RX# 457021 DR.RICHARDS UNKNOWN 12/1/04 DS UNKNOWN 12/1/04 DS PARKS,JOHN PARKS, JOHN l�I �i1��I�Ni Iii ll r ��!ly'a11 I1lil111!I�III 'MI INCH 111111110 ALPRAZOLAM 0.5MG TAB METOCLOPRAMIDE TAB 5MG QTY#120 NDC#00781-1077-05 GENEV QTY#100 NDC#50111-0517-01 Generic For:REGLAN 5MG 2 REFILLS UNTIL: 5/30/05 5 REFILLS UNTIL: 12/1/05 PRICE: $23.22 PRICE: $23.85 I II!IN!1111II110111111NINII N!II'III!61 111!II NilI ININII 1111111111!IIIc II!I IfII I IMI !II RECEIPT RECEIPT Vulue at the zm,tinv'o 7 vawe ua mu zm0:;,q'G' YM�� ..e...w....w _ ` DRUG 1244 15th Ave.,Longview,WA 98632 Ph.(360)423-3360 1244 15th Ave.,Lon view,WA 98632 Ph.(360)423-3360 wuwwG:surorrm.�mwam�aw�rmwmwb�pnonarebna�ooeaa�a �wma�aaaa wuwevc:smwo<F.aryu. poh o-arsrerm Wsthgb arNDasnnaAbrCen Ce pwaonbrwhm ivaspex Le1 RX#0457067 DR.RICHARDS RX# 457068 DR.RICHARDS UNKNOWN 12/1/04 DS UNKNOWN 12/1/04 DS PARKS, JOHN PARKS,JOHN 111111111, 1filiminimin 1 I � ��I �II�I NIN�r 1�� 1�NIINININIIIII��IN�NN AMBIEN 10MG TABS#### REMERON SOLTAB 45MG QTY#45 NDC#00024-5421-50 WINTH QTY#30 NDC#00052-0110-30 ORGAN . 2 REFILLS UNTIL: 5/30/05 2 REFILLS UNTIL: 12/1/05 PRICE: $160.94 PRICE: $103.62 IIIN1IINIIIEll IINIIIIIIINN11Mill I11III MINIM 0IINIIIIII1111II111INIIIINNIIII RECEIPT RECEIPT :'1 DRUG y W12444.1S5thnAvea,MLtriearwlermWd9g8b632pws-a�ndMOanPh.pa(3on6M0)4,23 oo-P36Aw0 RX# 457086 DR. RICHARDS UNKNOWN 12/1/04 DS PARKS,JOHN 1i1 11i ii 11 MI�I11111III111111111I II PRILOSEC OTC 20MG TAB" QTY#84 NDC#37000-0455-03 P&G 3 REFILLS UNTIL: 12/1/05 PRICE: $54.38 �II�I�IINIIN�N�N�II�N�INNIINN�N��MI� RECEIPT