The URL can be used to link to this page

Home My WebLink AboutFinal Agenda Packet 'ter' CITY OF RENTON FIREMEN'S PENSION BOARD Regular Meeting 7th Floor-Mayor's Conference Room Thursday, August 18, 2005 2:30 P.M. 1. CALL TO ORDER 2. APPROVAL OF MINUTES OF JULY 21, 2005 3. CORRESPONDENCE 4. MONTHLY STATEMENT TO JULY 31, 2005 5. MONTHLY BILLS AND PENSION PAYMENTS 6. UNFINISHED BUSINESS 7. NEW BUSINESS 8. ADJOURNMENT Nay Nape MINUTES FIREMEN'S PENSION BOARD CITY OF RENTON July 21, 2005 Kathy Keolker-Wheeler, Mayor Don Persson, 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 Acting Chairman Don Persson at 2:30 p.m. in the Mayor's conference room, 7th floor of Renton City Hall. In attendance were Board members Don Persson, Ray Barilleaux, and Bonnie Walton; and Jill Masunaga, Finance Department Representative. MINUTES APPROVAL MOVED BY BARILLEAUX, SECONDED BY WALTON, THE PENSION BOARD APPROVE THE MINUTES OF THE JUNE 16, 2005, MEETING. CARRIED. CORRESPONDENCE Correspondence received from the Office of the State Treasurer confirmed that the $72,403.73 credited to the City's pension fund in May 2005 represented the City of Renton's proportional share (based on 106 Renton firefighters as of 12/31/2004) of twenty-five percent of insurance premiums received, as set forth in RCW 41.16.050. MONTHLY STATEMENT The financial report as of June 30, 2005, was reviewed. Total cash/investment balance was $4,846,082.58. MONTHLY BILLS AND PENSION PAYMENTS MOVED BY BARILLEAUX, SECONDED BY WALTON, THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS FOR JULY 2005, IN THE TOTAL AMOUNT OF $33,986.17. CARRIED. ADJOURNMENT MOVED BY BARILLEAU, SECONDED BY WALTON, THE MEETING OF THE FIREMEN'S PENSION BOARD BE ADJOURNED. CARRIED. Time: 2:38 p.m. ttte V. Wait-v-) Bonnie I. Walton, City Clerk Member and Secretary, Firemen's Pension Board CITY OF RENTON - FIREMEN'S PENSION FUND CASH & INVESTMENT ACTIVITY REPORT AS OF JULY 31, 2005 Fireman's Pension Fund Comparison of Cash and Investment Activity 6 ■2005 ❑2004 �o 0 11111111 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec CURRENT 2005 2005 LAST YEAR 2004 2004 ACTIVITY: MONTH YTD BUDGET CURR MO YTD ADJ BUDGET BEGINNING CASH/INV BALANCE $4,846,082.58 $4,976,122.73 $4,976,123 $5,019,871.61 $5,133,315.47 $5,133,315.47 RECEIPTS: Property Taxes 0.00 0.00 $0 0.00 0.00, SO Fire Insurance Premium Tax 0.00 72,403.73 $60,000 0.00 70,249.69 $40,000 Investment Interest 1,186.94 5,819.96 $100,000 455.25 9,014.98 $110,000 DISBURSEMENTS: Fire Pension 33,012.44 236,639.34 $400,000 30,932.24 219,733.52 $375,000 Office/Operating Supplies 186.45 186.45 $400 0.00 0.00 $400 Actuarial/Firemen's Pens 0.00 0.00 $5,000 0.00 0.00 $0 Reimb General/Clerical&Acct 575.00 4,025.00 $6,900 558.00 3,910.00 $6,700 ENDING CASH/INV BALANCE $4,813,495.63 $4,813,495.63 $4,723,823 $4,988,836.62 $4,988,936.62 $4,901,215 CURRENT PREVIOUS LAST YEAR LAST YEAR ACTIVITY: MONTH MONTH CURR MO PREV MO CASH $162,121.54 $194,708.49 $30,305.54 $61,340.53 INVESTMENTS CD's&State Investment Pool 454,767.46 545,767.46 529,767.46 529,767.46 Snohomish County Housing Authority 0.00 0.00 0.00 0.00 Federal National Mortgage Assn 99,555.84 99,555.84 99,555.84 99,555.84 Treasury Strips&Zero Coupon Bonds 4,097,050.79 4,006,050.79 4,329,307.78 4,329,307.78 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 $4,813,495.63 $4,846,082.58 $4,988,936.62 $5,019,971.61 The State Investment Pool interest 3.2135% 3.0411% 1.1543% 1.0312% H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2005.xls\Ju105 Page 1 8/12/2005 *Iv 410 FIREMEN'S PENSION BOARD PENSION/MEDICAL PAYMENTS FOR AUGUST, 2005 Recipient Pension Amt Medicals Total ANKENY, Charlie (Captain) $136.47 136.47 ASHURST, James (Assistant Chief) $4,045.50 - 4,045.50 BANASKY, George (Captain) $1,066.36 1,066.36 BARILLEAUX, Ray (Battalion Chief) - - BEATTEAY, Karlen (Widow) $214.62 214.62 BERGMAN, Claudette (Widow) $147.07 147.07 CHRISTENSON, Chuck(Firefighter) $303.50 303.50 CONNELL, Robert(Captain) $666.15 666.15 GEISSLER, Dick(Fire Chief) - - GOODWIN, Charles (Captain) $3,670.50 - 3,670.50 GOODWIN, Donald (Firefighter) $896.72 896.72 HAWORTH, Constance (Widow) $2,521.49 2,521.49 HAWORTH, Jack(Firefighter) $2,768.50 - 2,768.50 HENRY, Teresa A. (Widow) $287.80 287.80 HENRY, William, Jr. (Captain) $1,178.98 1,178.98 HURST, Gerald (Firefighter) $572.30 572.30 JONES, Gerald D. (Firefighter) $231.25 231.25 LARSON, William (Firefighter) - - LAVALLEY, Theodele(Captain) $330.83 330.83 MATTHEW, James (Deputy Chief) - - MC LAUGHLIN, JACK(Battalion Chief) $732.60 732.60 NEWTON, Gary (Lieutenant) $253.38 253.38 NEWTON, Roger(Firefighter) - - NICHOLS, Gerald (Battalion Chief) $348.06 348.06 PARKS-ANDREASON, Arlene (Widow) $307.26 307.26 PARKS, John (Firefighter) $2,873.50 218.64 3,092.14 PHILLIPS, Bruce H. (Deputy Chief) $84.41 84.41 PRINGLE, Arthur(Captain) $434.48 434.48 PRINGLE, S. Joan (Widow) $2,166.25 2,166.25 RIGGLE, David E. (Firefighter D Step) $85.84 85.84 RUPPRECHT, Jim (Firefighter D Step) $115.99 115.99 SMITH, Leroy (Firefighter) $367.79 367.79 STROM, Karl (Firefighter) $2,768.50 - 2,768.50 TODD, Franklin (Firefighter) $419.44 419.44 TONDA, Ernie (Captain) $30.26 30.26 VACCA, Nick(Lieutenant) $285.53 285.53 WALLS, Kenneth (Firefighter D Step) $140.65 140.65 WALLS, Mercedes (Widow) - - WALSH, David (Firefighter) $936.93 936.93 WALSH, Patrick(Captain) $868.71 868.71 WEISS, Larry (Battalion Chief) $534.64 534.64 WILLIAMS, Alta (Widow) - - WOOTEN, Marilyn E. (Widow) $220.18 220.18 Total Expenses: Pension/Medical 33,01244 , 218.64 33,231.08 Prior Year Pension/Medical Payments: Total Pension Payments for August, 2004 30,932.24 Total Medical Bills Reimbursed in August, 2004 4,072.29 Total Expenses: Medical/Pension 35,004.53 4_SUMMARY 2005 XLS 8/12/2005 %we Nee FIREMEN'S PENSION BOARD MEDICAL BILLS TO BE REIMBURSED IN AUGUST, 2005 PAYMENT Page Name Pharmacy/Medical Facility Amount of Bill James Ashurst 0.00 Charles Goodwin 0.00 Jack Haworth 0.00 2 John Parks Olympic Drug 103.62 2 John Parks Olympic Drug 115.02 218.64 Karl Strom 0.00 TOTAL, 218.64 3_2005 FP Medical.XLS 8/12/2005 losie vise SEND CLAIM TO: City of Renton Finance Dept.- Fire Pension 1055 South Grady Way Renton, WA 98055 C>.`Y % A ��N r' �� CITY OF RENTON FIREMEN'S PENSION BOARD Pharmacy/Medical Claim Reimbursement Request 1) DATE AV , I At ;)--QCS,,c rPd 2) DISABILITY RETIREE'S NAME (print) ` �0 1 i A , d f 19 3) ADDRESS 133.5 ` 3 A if - 1476 9 4 d t11 e 4 w , 703 4) DISABILITY AT TIME OF RETIREMENTft-2 no ell 'Tett V . a r$t ose /3T ,L e" ii d u je.ef.) 1 71 c7,1,1 t lay p r-t) 4'riS 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.) 7nvdi et-rif -en -r 5 ti2 `m ask 471 d q , rf 7ra b / e .m,s• 6) TOTAL AMOUNT OF CLAIM ,IQ)g, 0 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 meiralnent from the Renton Fire Department. Signature:-.- r T"- ` `t,44/J-4,/J Note: Supporting documentation must be attached. '4✓ w VGWeatthe smiling'd 49° PIC DRUG 1244 15tha Araveae.,wteiew,WA486g2 n m ae,e mnr (360)4F3-3360 pc,aa.d RX# 457068 DR.RICHARDS ACCEPTED 6/29/05 TMG PARKS, JOHN l� ni ii r►rl iirianiII II III REMERON SOLTAB 45MG QTY#30 NDC#00052-0110-30 ORGAN 1 REFILLS UNTIL: 12/1/05 PRICE: $103.62 Nil IIIIIa11111i II I IIII II II 11111111 11 RECEIPT Value at the smiling'0, low Th DRUG 1244 wuwr�15th1,Aveee.,eLwopgiew,Wa9w863y2 esa�aeenanee pa(360)43-3360 RX#C 492999 DR.RICHARDS ACCEPTED 6/29/05 TMG PARKS, JOHN 1111111111111#11N16111 nil iIII AMBIEN 10MG TABS#### QTY#30 NDC#00024-5421-50 WINTH NO REFILLS CALL PHARMACY PRICE: $115.02 11111111111 I I III I 1111111 11 11 11 11 11 11 RECEIPT F Z-