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Home My WebLink AboutFinal Agenda Packet Now New CITY OF RENTON FIREMEN'S PENSION BOARD Regular Meeting 7th Floor-Mayor's Conference Room Thursday, October 19, 2006 1:30 P.M. 1. CALL TO ORDER 2. APPROVAL OF MINUTES OF SEPTEMBER 21, 2006 3. CORRESPONDENCE 4. MONTHLY STATEMENT TO SEPTEMBER 30, 2006 5. MONTHLY BILLS AND PENSION PAYMENTS 6. UNFINISHED BUSINESS 7. NEW BUSINESS 8. ADJOURNMENT *fte 'law MINUTES FIREMEN'S PENSION BOARD CITY OF RENTON September 21, 2006 Kathy Keolker, Mayor Don Persson, Council Finance Committee Chair Bonnie Walton, City Clerk Ray Barilleaux, Fire Department Representative Bruce Phillips, 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 at 1:35 p.m. in the Mayor's conference room, 7th floor of Renton City Hall. In attendance were Board members Kathy Keolker, Ray Barilleaux and Bruce Phillips. Also in attendance were Finance Department representative, Jill Masunaga, and Jason Seth, Recorder. MINUTES APPROVAL MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE PENSION BOARD APPROVE THE MINUTES OF THE AUGUST 17, 2006, MEETING. CARRIED. MONTHLY STATEMENT The financial report as of August 31, 2006, was reviewed. Total cash/investment balance was $4,612,771.30 MONTHLY BILLS AND PENSION PAYMENTS MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS FOR SEPTEMBER 2006, IN THE TOTAL AMOUNT OF $34,560.60 TO BE PAID FROM THE FIREMEN'S PENSION FUND. CARRIED. UNFINISHED BUSINESS A list of Firemen's Pension Fund investments as of 8/31/2006 was reviewed. Investments totaled a book cost of$4,424,800.83, primarily in US Treasury Strips with Dean Witter Reynolds, yielding an average interest rate of approximately 6.09% and having incremental maturity dates from November 2006 through August 2025. ADJOURNMENT MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE MEETING OF THE FIREMEN'S PENSION BOARD BE ADJOURNED. CARRIED. Time: 1:40 p.m. 6 G J. t a tt-dv•-' Bonnie I. Walton, City Clerk Member and Secretary, Firemen's Pension Board Jason Seth,Recorder r CITY OF RENTON - FIREMEN'S PENSION FUND CASH & INVESTMENT ACTIVITY REPORT AS OF SEPTEMBER 30, 2006 Fireman's Pension Fund Comparison of Cash and Investment Activity 6 112006 0 2005 5 m 110 0 4 iti _ 1 Ii i 2 ' I 1 II Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec CURRENT 2006 2006 LAST YEAR 2005 2005 ACTIVITY: MONTH YTD ADJ BUDGET CURR MO ACTUAL ADJ BUDGET BEGINNING CASH/INV BALANCE $4,612,771.30 $4,811,901.62 $4,713,823 $4,773,897.03 $4,976,122.73 $4,976,123 RECEIPTS: Fire Insurance Premium Tax 0.00 77,820.55 $73,000 0.00 72,403.73 $60,000 Investment Interest 2,350.54 17,533.19 $150,000 1,062.72 179,951.70 $100,000 DISBURSEMENTS: Fire Pension 33,669.09 313,274.15 $450,000 33,012.44 402,201.54 $410,000 Fire Pension Medical 1,673.87 9,522.91 $20,000 0.00 0.00 $0 Office/Operating Supplies 236.82 316.24 $400 0.00 400.00 $400 Actuarial/Firemen's Pens 0.00 0.00 $0 0.00 7,075.00 $5,000 Reimb General/Clerical&Acct 575.00 5,175.00 $6,900 575.00 6,900.00 $6,900 ENDING CASH/INV BALANCE $4,578,967.06 $4,578,967.06 $4,459,523 $4,741,372.31 $4,811,901.62 $4,713,823 CURRENT PREVIOUS LAST YEAR LAST YEAR ACTIVITY: MONTH MONTH CURR MO PREV MO CASH $154,166.23 $187,970.47 $89,998.22 $122,522.94 INVESTMENTS: CD's&State Investment Pool 454,767.46 454,767.46 454,767.46 454,767.46 Federal National Mortgage Assn 99,555.84 99,555.84 99,555.84 99,555.84 Treasury Strips&Zero Coupon Bonds 3,870,477.53 3,870,477.53 4,097,050.79 4,097,050.79 TOTAL CASH AND INVESTMENTS $4,578,967.06 $4,612,771.30 $4,741,372.31 $4,773,897.03 The State Investment Pool interest 5.2023% 5.1883% 3.5788% 3.4850% H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2006.xls\Sep06 Page 1 10/13/2006 fir+ +r✓ FIREMEN'S PENSION BOARD PENSION/MEDICAL PAYMENTS FOR OCTOBER, 2006 = tiReCipier#,: , ,,,,,-4 . ,f Pflits .1� \stale; " >'Yn: ANKENY, Charlie (Captain) $139.24 139.24 ASHURST,James (Assistant Chief) $4,166.00 - 4,166.00 BANASKY, George (Captain) $1,097.46 1,097.46 BARILLEAUX, Ray(Battalion Chief) - - BEATTEAY, Karlen (Widow) $220.15 220.15 BERGMAN, Claudette(Widow) $150.99 150.99 CHRISTENSON, Chuck(Firefighter) $309.99 309.99 CONNELL, Robert(Captain) $685.35 685.35 GEISSLER, Dick(Fire Chief) - - GOODWIN, Charles(Captain) $3,780.00 - 3,780.00 GOODWIN, Donald (Firefighter) $923.38 923.38 HAWORTH, Constance (Widow) $2,592.09 2,592.09 HAWORTH, Jack(Firefighter) $2,851.50 - 2,851.50 HENRY, William, Jr. (Captain) $1,213.48 1,213.48 HURST, Gerald (Firefighter) $589.23 589.23 JONES, Evelyn M. (Widow) $237.45 237.45 LARSON, William (Firefighter) - - LAVALLEY, Theodele(Captain) $339.47 339.47 MATTHEW, James (Deputy Chief) - - MC LAUGHLIN, JACK(Battalion Chief) $753.28 753.28 NEWTON, Gary(Lieutenant) $259.52 259.52 NEWTON, Roger(Firefighter) - - NICHOLS, Gerald (Battalion Chief) $357.33 357.33 PARKS-ANDREASON, Arlene (Widow) $315.41 315.41 PARKS, John (Firefighter) $2,959.50 213.85 3,173.35 PHILLIPS, Bruce H. (Deputy Chief) $85.47 85.47 PRINGLE,Arthur(Captain) $446.68 446.68 PRINGLE, S.Joan (Widow) $2,226.91 2,226.91 RIGGLE, David E. (Firefighter D Step) $87.82 87.82 RUPPRECHT, Jim (Firefighter D Step) $118.88 118.88 SMITH, Leroy (Firefighter) $378.37 378.37 STROM, Karl (Firefighter) $2,851.50 - 2,851.50 TODD, Franklin (Firefighter) $431.58 431.58 TONDA, Lila Jean (Widow) $30.07 30.07 VACCA, Nick (Lieutenant) $292.90 292.90 WALLS, Kenneth (Firefighter D Step) $144.12 144.12 WALLS, Mercedes (Widow) - - WALSH, David (Firefighter) $964.81 964.81 WALSH, Patrick (Captain) $893.60 893.60 WEISS, Larry(Battalion Chief) $549.39 549.39 WILLIAMS, Alta (Widow) - - WOOTEN, Marilyn E. Widow �} $226.17 226.17 ; 'mo �W `;7\ �`. 'ilmsIor 1Med ' .<�,i7..-.4„;( . ;t.p is ., , ?lh 882 Iw.. ..n.. a .. "' Prior Year Pension/Medical Payments: Total Pension Payments for October, 2005 33,012.44 Total Medical Bills Reimbursed in October, 2005 811.03 Total Expenses: Medical/Pension 33,823.47 4_SUMMARY 2006.XLS 10/13/2006 FIREMEN'S PENSION BOARD MEDICAL BILLS TO BE REIMBURSED IN OCTOBER, 2006 PAYMENT 3 '. ::- ; " 4< +�I+iGltIFitt ,`3 i� -ti► : Tlkr' James Ashurst 0.00 Charles Goodwin 0.00 Jack Haworth 0.00 2 John Parks Olympic Drug 153.67 2 John Parks Olympic Drug 28.96 2 John Parks Olympic Drug 26.22 2 John Parks Olympic Drug 5.00 John Parks 213.85 Karl Strom 0.00 . .r mr��£'>2.aa @:a•arls � la.ti , i "k �4 -As.._... . 3_2006 FP Medical.XLS 10/13/2006 SEND CLAIM TO: City of Renton view ►''Finance Dept.-Fire Pension 1055 South Grady Way Renton, WA 98055 G‘rY 0 1KNT°� CITY OF RENTON FIREMEN'S PENSION BOARD Pharmacy/Medical Claim Reimbursement Request 1) DATE 9d f C�C�3 f11 t J 2) DISABILITY RETIREE'S NAME (print) p n • !'20-`irk 5 3) ADDRESS 13 r 4 / 09 L I , 4) DISABILITY AT TIME OF RETIREMENT it"e,m a eh r- 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.) air 40.f, A it 41/ A. e/X 6) TOTAL AMOUNT OF CLAIM `I. 4,3 , 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 other 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 my retirement from the Renton Fire Department. Signature: Gl. Note: Supporting documentation must be attached. irf NINO 4,420 linottto "p iQbonRECEIPT SAVE FOR INSURANCE 1244 15th Ave.,Longview,WA 98632 Ph.(360)423-3360 OR TAX RECORDS Rxk C632573 For: JOHN PARKS 9-05-06 1335 3RD AVE#109 LONGVIEW,WA 98632 (360) 577.6684 AMBIEN 10MG TABS#### 30 NDC: 4-5421.50 RICHARDS,JOHN E DR $153.67 11111 11 1111 IIII IIII 11111111 11111liii liii Prue Value at the smiling'O' 490'YMPICDRUG RECEIPT FOR 1244 45th Ave.,Longview,WA 98632 Ph.(360)423-3360 SAVE OR TAX RECORDS INSURANCE Rx# 632574 For: JOHN PARKS 9-05-06 CAN.87066483331631 1335 3RD AVE#109 LONGVIEW,WA 98632 (360) 577-6684 MIRTAZAPINE SOLTAB 45MG 30 NDC: 66993-0712-30 RICHARDS,JOHN E DR. ZAS COPAY: $28.96 1111111111111 I II 11111111 lI 1111111111111111 Price J '0'Value at the 4a!) VMPIC RECEIPT FOR 1244 15th Ave.,Longview,WA 98632 Ph.(360)423-3360 SAVE OR TAX RECORDS Rx# C632571 For: JOHN PARKS 9-05-06 1335 3R0 AVE#109 LONGVIEW,WA 98632 (360) 577.6684 ALPRAZOLAM 0.5MG TAB #120 NBC: 0078 DR. RC HARDS,JOHNE11077-05 $26.22 II IIItIlII 111111111111111 III 11011 III 111111111 Price J Value at 4' th- -_e mien� RECEIPT 124415th Ave.,Longview,WA 98632 Ph.(360)423-3360 SAVEFOR INSURANCE O 635073 Far. JOHN PARKS OR TAX RECORDS Neff 9-05-06 CAN:40066485974231 1335 3RD AVE#109 LONGVIEW,WA . 98632 (360) 577-6684 LACTULOSE SOL 10GI15ML #946 NDC: DR. RICHARDS,JOHN E20037-32 ZAS COPAY: $5.00 liii 11111111 11 lIII 11111 I I II 1111111111 II II I I Price J Paoe Z_