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Home My WebLink AboutFinal Agenda Packet f 'vow •frot CITY OF RENTON FIREMEN'S PENSION BOARD Regular Meeting 7th Floor-Mayor's Conference Room Thursday, April 20, 2006 1:30 P.M. 1. CALL TO ORDER 2. APPROVAL OF MINUTES OF MARCH 16, 2006 3. CORRESPONDENCE 4. MONTHLY STATEMENT TO MARCH 31, 2006 5. MONTHLY BILLS AND PENSION PAYMENTS 6. UNFINISHED BUSINESS Verification Form 7. NEW BUSINESS 8. ADJOURNMENT Nave 'roof MINUTES FIREMEN'S PENSION BOARD CITY OF RENTON March 16, 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 Acting Chairman Don Persson at 1:30 p.m. in the Mayor's conference room, 7th floor of Renton City Hall. In attendance were Board members Don Persson, Ray Barilleaux, Bruce Phillips, and Bonnie Walton. MINUTES APPROVAL MOVED BY PHILLIPS, SECONDED BY BARILLEAUX, THE PENSION BOARD APPROVE THE MINUTES OF THE FEBRUARY 16, 2006, MEETING. CARRIED. MONTHLY STATEMENT The financial report as of February 28, 2006, was reviewed. Total cash/investment balance was $4,734,134.95. MONTHLY BILLS AND PENSION PAYMENTS MOVED BY PHILLIPS, SECONDED BY BARILLEAUX, THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS FOR MARCH 2006, IN THE TOTAL AMOUNT OF $38,385.53 TO BE PAID FROM THE FIREMEN'S PENSION FUND. CARRIED. UNFINISHED BUSINESS • The Board position of Fire Department Alternate was discussed. Ray Barilleaux offered to contact Bill Larson regarding continuation of service in that position. • Special recognition for recently retired Board member Bill Henry was discussed. It was agreed that a plaque would be purchased for presentation to Mr. Henry at a coming City Council meeting in honor of twenty-five years' service on the Firemen's Pension Board. • Development of a form to be sent to the five Firemen's Pension retirees to verify information was discussed. Board secretary, Bonnie Walton, agreed to draft a form for review at the next meeting. F AllOW -.41111, NEW BUSINESS The hearing aid policy was discussed. The Firemen's Pension Board policy, which limits hearing aids to a maximum of$1,600 each in a 36-month period, was compared to the LEOFF Board policy, which has tiered limits. Those tiered limits are: 1) Up to a maximum of$1,600 per ear within a thirty-six month period; 2) Up to a maximum of$2,500 per ear for a digitally programmable analog hearing aid within a five-year period; 3) Up to a maximum of$2,800 per ear for a digital programmable hearing aid within a five-year period. MOVED BY PHILLIPS, SECONDED BY BARILLEAUX, THE BOARD APPROVE TIERED LIMITS FOR HEARING AIDS MATCHING THE LEOFF LIMITS AS PRESENTED. CARRIED. ADJOURNMENT MOVED BY BARILLEAUX, SECONDED BY WALTON, THE MEETING OF THE FIREMEN'S PENSION BOARD BE ADJOURNED. CARRIED. Time: 1:57 p.m. Bonnie I. Walton, City Clerk Member and Secretary, Firemen's Pension Board 2 • '...w `r✓ CITY OF RENTON - FIREMEN'S PENSION FUND CASH & INVESTMENT ACTIVITY REPORT AS OF MARCH 31, 2006 Fireman's Pension Fund Comparison of Cash and Investment Activity 6 - ■2006 112005 5 c4 0 0 3 uiaiuiuii 1 2 1 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec CURRENT 2006 2006 LAST YEAR 2005 2005 ACTIVITY: MONTH YTD BUDGET CURR MO YTD ADJ BUDGET BEGINNING CASH/INV BALANCE $4,734,134.95 $4,809,572.80 $4,713,823 $4,906,728.48 $4,976,122.73 $4,976,123 RECEIPTS: Property Taxes 0.00 0.00 $0 0.00 0.00 $0 Fire Insurance Premium Tax 0.00 0.00 $73,000 0.00 0.00 $60,000 Investment Interest 2,097.79 4,485.81 $150,000 830.54 1,724.89 $100,000 DISBURSEMENTS: Fire Pension 36,814.04 110,324.16 $450,000 34,572.06 103,710.66 $410,000 Fire Pension Medical 1,630.47 4,796.22 $0 0.00 0.00 $0 Office/Operating Supplies 0.00 0.00 $400 0.00 0.00 $400 Actuarial/Firemen's Pens 0.00 0.00 $0 0.00 0.00 $5,000 Reimb General/Clerical&Acct 575.00 1,725.00 $6,900 575.00 1,725.00 $6,900 ENDING CASH/INV BALANCE $4,697,213.23 $4,697,213.23 $4,479,523 $4,872,411.96 $4,872,411.96 $4,713,823 CURRENT PREVIOUS LAST YEAR LAST YEAR ACTIVITY: MONTH MONTH CURR MO PREV MO CASH $274,741.22 $311,662.94 $21,037.87 $55,354.39 INVESTMENTS CD's&State Investment Pool 454,767.46 454,767.46 654,767.46 654,767.46 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 3,868,148.71 3,868,148.71 4,097,050.79 4,097,050.79 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 $4,697,213.23 $4,734,134.95 $4,872,411.96 $4,906,728.48 The State Investment Pool interest 4.5045% 4.4223% 2.5502% 2.3955% H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2006.xls\Mar06 Page 1 4/14/2006 Now 'vale FIREMEN'S PENSION BOARD PENSION/MEDICAL PAYMENTS FOR APRIL, 2006 ', �*.',,!'N°•$:'.':','-','7'?' y;. Y' 5\ : R�ifent •,1‘,, .'.":. t^^, it l[ .re ', •'f1T 'te * 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) $2,521.49 2,521.49 HAWORTH, Jack(Firefighter) $2,851.50 - 2,851.50 * HENRY, Teresa A. (Widow) $296.07 296.07 * HENRY,William, Jr. (Captain) $1,213.48 1,213.48 * HURST, Gerald (Firefighter) $589.23 589.23 * JONES, Gerald D. (Firefighter) $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) $2,959.50 257.62 3,217.12 * PHILLIPS, Bruce H. (Deputy Chief) $85.47 85.47 * PRINGLE, Arthur(Captain) $446.68 446.68 PRINGLE, S. Joan (Widow) $2,166.25 2,166.25 * 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 iso#.. M-:'1 Otat, j rt :,IiP nstortiMedlital ;.%:13;8,3190i *600257;62-f . 9 34 O99 .Z, Prior Year Pension/Medical Payments: Total Pension Payments for April, 2005 33,326.40 Total Medical Bills Reimbursed in April, 2005 326.74 Total Expenses: Medical/Pension 33,653.14 * Adjusted to reflect a 3.02% LEOFF cost of living increase effective April 1. 4_SUMMARY 2006.XLS 4/14/2006 • ew Now FIREMEN'S PENSION BOARD MEDICAL BILLS TO BE REIMBURSED IN APRIL, 2006 PAYMENT i',,,Amount of BilI James Ashurst 0.00 Charles Goodwin 0.00 Jack Haworth 0.00 2 John Parks Olympic Drug 94.01 2 John Parks Olympic Drug 23.22 2 John Parks Olympic Drug 25.37 2 John Parks Olympic Drug 115.02 257.62 Karl Strom 0.00 tQTAL -1" ' 3_2006 FP Medical.XLS 4/14/2006 SEND CLAIM TO: City of Renton NA., Finance Dept.-Fire Pension 1055 South Grady Way Renton, WA 98055 f . OS, 0 h vt e �'NT� CITY OF RENTON FIREMEN'S PENSION BOARD Pharmacy/Medical Claim Reimbursement Request 1) DATE A i t/. f ‘ _60. 2) DISABILITY RETIREE'S NAME(print) 'k)('7y 1., 1," - { 3) ADDRESS j3 3J - 324 8i-E /1) J 0 -, v/pki fwd, eigs3a 8 4) DISABILITY AT TIME OF RETIREMENT , 57-0 Yn�7 Ce- 4/ Cif 'ruX d i5V 4SP v( ,-7r-s, hi $h - hflmt' a , fi d-4X"%rT/ ffia) irm S 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.) rd; (> r -4o 'r 51t-fbrnee6 64 d n uc;ems iprQ e rns 6) TOTAL AMOUNT OF CLAIM 57. 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: �-4,/t ?_54/n Note: Supporting documentation must be attached. PAS 1 NMIle *kW" 491) Value at the smNng'0' uG laidihe smtling'O' Cin 1244NG15th a AFevtleae.l,mLvonTiew,Wa9786y2 amwwPrh.(36w0423ss-336in0 124Nu415th1AFeve.,wLviewda,W986y2,ft.(360)423as-33xs6me0 RX# 571973 DR.RICHARDS RX# 525995 DR.RICHARDS ACCEPTED 3/3/06 TMG ACCEPTED 3/3/06 TMG PARKS, JOHN PARKS, JOHN 1111114[1111111111111111 ll 11117 D11111Ofl i111 (11t1i811111111 II MIRTAZAPINE SOLTAB 45MG LACTULOSE SOL 10G/15ML QTY#30 NDC#66993-0712-30 PRASCO QTY#946 NDC#60432-0037-32 MORTON Generic For:REMERON SOLTAB 45MG 1 REFILLS UNTIL: 1/31/07 7 REFILLS UNTIL: 8/13/06 PRICE: $94.01 PRICE: $25.37 f II IIOIIII1I1111111111110101111it 1111111IIIII 11 1 IIIIIIII0HIII IOII0NIIIIII00111111II Milli RECEIPT RECEIPT vol.al the smiling'O' Value al the welling'0'YNm 124415th Ave.,Longview,WA 98632 Ph.(360)423-3360 1244 15th Ave.,Longview,WA 98632 Ph'.(360 423-3360 wae+wc:sraaarmtram„a,asnv.maraaeawm.m' atrn,nnemre�nnw„ae+aam wawanro:sne�rrbex,ie. ti.a.ao-nawmvnce�Wvniennaoa�ty nresPn�am RX#C571872 DR.RICHARDS RX#C571862 DR. RICHARDS ACCEPTED 3/3/06 TMG ACCEPTED 3/3/06 TMG PARKS, JOHN PARKS,JOHN 111[11HIPIRligill 1I 11 111III f 1110 ll ALPRAZOLAM 0.5MG TAB AMBIEN 10MG TABS#### QTY#120 NDC#00781-1077-05 SANDOZ QTY#30 NDC#00024-5421-50 SANOFI 1 REFILLS UNTIL: 7/30/06 1 REFILLS UNTIL: 7/30/06 PRICE: $23.22 PRICE: $115.02 II0II011llIIIII11110111110111111101101111 � I110111II1III010ill IO1E11I1I1001111111II1011III RECEIPT RECEIPT