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HomeMy WebLinkAboutFinal Agenda Packet Nape Novro CITY OF RENTON FIREMEN'S PENSION BOARD Regular Meeting 7th Floor-Mayor's Conference Room Thursday, April 19, 2007 1:30 P.M. 1. CALL TO ORDER 2. APPROVAL OF MINUTES OF MARCH 15, 2007 3. CORRESPONDENCE a. Fire Insurance Premium Distribution b. Actuarial Valuation Study Report- January 1, 2007 4. MONTHLY STATEMENT TO MARCH 31, 2007 5. MONTHLY BILLS AND PENSION PAYMENTS 6. UNFINISHED BUSINESS 7. NEW BUSINESS 8. ADJOURNMENT • MINUTES FIREMEN'S PENSION BOARD CITY OF RENTON March 15, 2007 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 1:30 p.m. in the Mayor's conference room, 7th floor of Renton City Hall. In attendance were Board members Kathy Keolker, Don Persson, Bruce Phillips and Bonnie Walton. Also in attendance was Finance Department representative, Jill Masunaga. MINUTES APPROVAL MOVED BY PHILLIPS, SECONDED BY PERSSON, THE PENSION BOARD APPROVE THE MINUTES OF THE FEBRUARY 15, 2007, MEETING. CARRIED. MONTHLY STATEMENT The financial report as of February 28, 2007, was reviewed. Total cash/investment balance was $4,597,539.08. MONTHLY BILLS AND PENSION PAYMENTS MOVED BY PHILLIPS, SECONDED BY PERSSON, THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS FOR MARCH 2007, IN THE TOTAL AMOUNT OF $40,927.00 TO BE PAID FROM THE FIREMEN'S PENSION FUND. CARRIED. NEW BUSINESS Copies were distributed of the Actuarial Valuation of Firefighters' Pension Fund, dated January 1, 2007, as prepared by Milliman Consultants and Actuaries. The Board agreed this would be discussed at the next meeting. ADJOURNMENT MOVED BY PHILLIPS, SECONDED BY PERSSON, THE MEETING OF THE FIREMEN'S PENSION BOARD BE ADJOURNED. CARRIED. Time: 1:36 p.m. v601141%4J [-UGC Bonnie I. Walton, City Clerk Member and Secretary, Firemen's Pension Board \lY0 CITY r.r�F RENTON • a �© * City Clerk .,� Kathy Keolker,Mayor Bonnie I.Walton 'fes' rt-,0 April 12, 2007 Office of the State Treasurer Attn: Linda Lund P.O. Box 40209 Olympia, WA 98504-0209 Re: May 2007 Fire Insurance Premium Distribution Dear Ms. Lund: The following information is provided in compliance with RCW 41.16.050 in order for the City of Renton to receive the annual fire insurance premium tax: There were 106 paid firemen employed in the City of Renton Fire Department as of December 31, 2006. Sincerely, (:Uiva " Bonnie I. Walton City Clerk CERTIFICATION I, Bonnie I. Walton, duly appointed and qualified City Clerk/Cable Manager of and for the City of Renton, Washington, do hereby certify that the above-cited information is true and correct as appearing on file in the records of the Finance Department. Signed and sealed this 12th day of April 2007. �a�t`���� :11u1! wilili of REV o 45 - -� .v. 2 SEAL Bonnie I. Walton, City Clerk 6* )jcywi=� TriA 1 \I:7r 1055 South Grady Way-Renton,Washington 98057-(425)430-6510/FAX(425)430-6516 R E N T O N AHEAD OF THE CURVE This paper contains 50%recycled material,30%post consumer Nose `.r' w 9 MICHAEL J. MURPHY taa roi .a; �'` State Treasurer State of Washington Office of the Treasurer April 10, 2007 CITY OF RENTON MEMORANDUM APR 1 12007 RECEIVED CITY CLERKS OFFICE TO: Cities, Towns and Fire Districts Receiving Fire Insurance Premium Distribution FROM: Linda Lund, Distribution Assistant* Office of the State Treasurer SUBJECT: May 2007 Distribution RCW 41.16.050 provides that twenty-five percent of moneys received from the tax on fire insurance premiums be distributed to cities, towns and fire districts for the credit of local pension funds. The statute also provides that the secretary of the firemen's pension board for each city, town or district shall certify to the state treasurer's office the number of paid firemen in their departments on or before the fifteenth day of January. The certification should show the number of paid firemen employed by your department as of December 31,2006. As of this date, we have not received your certification. In order for your city to participate in the May 2007 fire insurance premium distribution, we must have your certification by 5:00 p.m. Wednesday, May 23rd. If you have any questions, please call me at (360) 902-8960. My fax number is (360) 704-5160. My mailing address is: Office of the State Treasurer Attn: Linda Lund P. O. Box 40209 Olympia, WA 98504-0209 Legislative Building.P.O. Box 40200 • Olympia,Washington 98504-0200 • (360)902-9000 • TDD(360)902-8963 FAX(360)902-9044 • Home Page http://tre.wa.gov 'Vr)rieSpOildekR,C, 3, 6, From: Bonnie Walton To: Michael Bailey Date: 4/13/2007 11:57:51 AM Subject: Re: Actuarial Study Okay, we will plan on it. Thank you. Bonnie, x6502 >>> Michael Bailey 4/13/2007 11:50:34 AM >>> I can make the 17th of May Mike Bailey, FIS Administrator City of Renton >>> Bonnie Walton 4/13/2007 11:18 AM >>> May 17th >>> Michael Bailey 4/13/2007 9:34 AM >>> I'm afraid I'll be out of the office. When is their May meeting? Mike Bailey, FIS Administrator City of Renton >>> Bonnie Walton 4/12/2007 2:38 PM >>> Mike: The Firemen's Pension Board meets on Thurs., April 19th at 1:30 pm in the Mayor's conference room. The new actuarial study was distributed last month and the Board would like it if you could attend the upcoming meeting for a brief presentation going over and explaining the study. Would this fit in your schedule? Bonnie, x6502 CITY OF RENTON - FIREMEN'S PENSION FUND CASH & INVESTMENT ACTIVITY REPORT AS OF MARCH 31, 2007 Fireman's Pension Fund Comparison of Cash and Investment Activity 6 ❑2007 ■2006 5 N f9 0 4 0 II 0 3 - 2 1 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec CURRENT 2007 2007 LAST YEAR 2006 2006 ACTIVITY: MONTH YTD BUDGET CURR MO ACTUAL ADJ BUDGET BEGINNING CASH/INV BALANCE $4,597,539.08 $4,672,241.19 $4,459,523 $4,734,134.95 $4,811,901.62 $4,713,823 RECEIPTS: Fire Insurance Premium Tax 0.00 0.00 73,000 0.00 77,820.55 73,000 Investment Interest 2,794.37 6,357.89 175,000 2,097.79 215,553.19 150,000 DISBURSEMENTS: Fire Pension 39,275.05 115,286.85 463,500 36,814.04 414,281.42 450,000 Fire Pension Medical 1,651.95 2,539.78 20,000 1,630.47 11,536.51 20,000 Office/Operating Supplies 0.00 0.00 450 0.00 316.24 400 Actuarial/Firemen's Pens 7,550.00 7,550.00 12,000 0.00 0.00 0 Reimb General/Clerical&Acct 686.00 2,052.00 8,226 575.00 6,900.00 6,900 ENDING CASH/INV BALANCE $4,551,170.45 $4,551,170.45 $4,203,347 $4,697,213.23 $4,672,241.19 $4,459,523 CURRENT PREVIOUS LAST YEAR LAST YEAR I ACTIVITY: MONTH MONTH CURR MO PREV MO CASH $345,458.18 $391,826.81 $274,741.22 $311,662.94 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 3,651,388.97 3,651,388.97 3,868,148.71 3,868,148.71 TOTAL CASH AND INVESTMENTS $4,551,170.45 $4,597,539.08 $4,697,213.23 $4,734,134.95 The State Investment Pool interest 5.2372% 5.2768% 4.5045% 4.4223% H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2007.xls\Mar07 Page 1 4/13/2007 `are fir'" FIREMEN'S PENSION BOARD PENSION/MEDICAL PAYMENTS FOR APRIL, 2007 PerOil;At*::. A edfcals Total * ANKENY, Charlie (Captain) $116.94 116.94 ASHURST, James (Assistant Chief) $4,436.00 - 4,436.00 * BANASKY, George(Captain) $934.00 934.00 * BARILLEAUX, Ray(Battalion Chief) - - * BEATTEAY, Karlen (Widow) $207.57 207.57 * BERGMAN, Claudette (Widow) $136.28 136.28 * CHRISTENSON, Chuck (Firefighter) $295.60 295.60 * CONNELL, Robert(Captain) $683.41 683.41 * GEISSLER, Dick (Fire Chief) - - GOODWIN, Charles (Captain) $3,893.50 609.95 4,503.45 * GOODWIN, Donald (Firefighter) $931.54 931.54 HAWORTH, Constance (Widow) $2,592.09 2,592.09 HAWORTH,Jack(Firefighter) $2,937.00 - 2,937.00 * HENRY, William, Jr. (Captain) $1,225.73 1,225.73 * HURST, Gerald (Firefighter) $494.80 494.80 * JONES, Evelyn M. (Widow) $224.42 224.42 * LARSON, William (Firefighter) - - * LAVALLEY, Theodele (Captain) $324.64 324.64 * MATTHEW, James (Deputy Chief) - - * MC LAUGHLIN, JACK(Battalion Chief) $914.31 914.31 * NEWTON, Gary(Lieutenant) $244.78 244.78 * NEWTON, Roger(Firefighter) - - * NICHOLS, Gerald (Battalion Chief) $485.25 485.25 * PARKS-ANDREASON,Arlene (Widow) $301.76 301.76 PARKS, John (Firefighter) $3,048.00 59.60 3,107.60 * PHILLIPS, Bruce H. (Deputy Chief) $226.17 226.17 * PRINGLE, Arthur(Captain) $435.83 435.83 PRINGLE, S. Joan (Widow) $2,226.91 2,226.91 * RIGGLE, David E. (Firefighter D Step) $70.23 70.23 * RUPPRECHT, Jim (Firefighter D Step) $102.45 102.45 * SMITH, Leroy(Firefighter) $372.14 372.14 STROM, Karl (Firefighter) $2,937.00 - 2,937.00 * TODD, Franklin (Firefighter) $427.33 427.33 * TONDA, Lila Jean (Widow) - - * VACCA, Nick (Lieutenant) $280.94 280.94 * WALLS, Kenneth (Firefighter D Step) $127.61 127.61 * WALLS, Mercedes (Widow) $96.55 96.55 * WALSH, David (Firefighter) $974.51 974.51 * WALSH, Patrick (Captain) $899.44 899.44 * WEISS, Larry (Battalion Chief) $698.23 698.23 * WILLIAMS, Alta (Widow) - - * WOOTEN, Maril n E. Widow $214.29 214.29 •_a Prior Year Pension/Medical Payments: Total Pension Payments for April, 2006 33,833.90 Total Medical Bills Reimbursed in April, 2006 257.62 Total Expenses: Medical/Pension 34,091.52 * Adjusted to reflect a 3.73% LEOFF cost of living increase effective April 1. 4_SUMMARY 2007.XLS 4/13/2007 *me 'vise • FIREMEN'S PENSION BOARD MEDICAL BILLS TO BE REIMBURSED IN APRIL, 2007 PAYMENT , ���f ��'�Ph icat, :. James Ashurst 0.00 2 Charles Goodwin Bartell Drugs 14.75 2 Charles Goodwin Bartell Drugs 138.38 2 Charles Goodwin Bartell Drugs 6.35 2 Charles Goodwin Bartell Drugs 6.35 3 Charles Goodwin Bartell Drugs 72.51 3 Charles Goodwin Bartell Drugs 233.23 3 Charles Goodwin Bartell Drugs 138.38 Charles Goodwin 609.95 Jack Haworth 0.00 5 John Parks Olympic Drug 9.81 5 John Parks Olympic Drug 32.82 5 John Parks Olympic Drug 16.97 John Parks 59.60 Karl Strom 0.00 ���� ��am��� i���.����! � �� ��� ` '~~~'-'--.- ^.^'~��~```. ~-. ..,�~ ..� �'� 3_2007 FP Medical mu 4/13/2007 '`ow SEND CLAIM TO: City of Renton Finance Dept.- Fire Pension 1055 South Grady Way Renton, WA 98055 CITY OF RENTON FIREMEN'S PENSION BOARD Pharmacy/Medical Claim Reimbursement Request 1) DATE "447 2) DISABILITY RETIREE'S NAME(print) 1-6-S 4 . 6.0op(-6), iV 3) ADDRESS /V/V in No foe /+u <Te-J ,0/ Wog, 4) DISABILITY AT TIME OF RETIREMENT g4Af t ;! > • 1 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.) ' 41 A 6) TOTAL AMOUNT OF CLAIM v 9 (f • IC 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 my retirement from the Renton Fire Department. Signature: , / Note: Supporting documentation must be attached. ----re _ ( —POLS/ ( .12t.A_I____ Nosof LPIP 1- J4(Jt f/ WIV C/ML&—S 4 • GOODOi'd — rBARTELL DRUGS I BARTELL DRUGS .awmmemsWasMington's Own Drngstorrs ownommme Ii 1 Aon Drvldare� R7(/ 45-339053 E DR. FLO,GAYLE mut 45-31052 E DR. LORCH,GERALD DATE: 02/20/07 R (425)251-5110 DATE: 02/26/07 R (425)251-5110 NAME: CHARLES GOODWIN NAME: CHARLES GOODWIN 1414 MONROE AVE NE#306 1414 MONROE AVE NE#306 ATENOXOL 50MG TABLET(*SAN) ALLOPURINOL 100MG TABLET(*PA 00781506-10 38692533 �// 49884-0602-10 38976918 REFILL YES QUANTITY 100.00 1j(7/C REFILL YES QUANTITY 30.00 BARTELL DRUGS PRICE= $26.99 BARTELL DRUGS PRICE= $10.99 n WITH XPS THE AMOUNT DUE 414.75 WITH XPS THE AMOUNT DUE 46.35 P1(,/� BARTELL DRUGS#45 BARTELL DRUGS#45 (425)793-1015 (425)793-1015 4700 NE 4TH STREET 4700 NE 4TH STREET RENTON,WA 98059 RENTON,WA 98059 THANK YOU THANK YOU WE TRULY APPRECIATE YOUR BUSINESS. TO PROVIDE YOU WE TRULY APPRECIATE YOUR BUSINESS.TO PROVIDE YOU WITH THE BEST SERVICE POSSIBLE PLEASE ORDER YOUR WITH THE BEST SERVICE POSSIBLE PLEASE ORDER YOUR REFILLS 24-48 HOURS IN ADVANCE REFILLS 24-48 HOURS IN ADVANCE IL. L I • I BARTELL DRUGS _ Rx# 45- �._._._35600EW .A"DR. GRIFFITH,ALIDA1 BARTELL DRUGS s DATE: 02/26/07 N (425)899-3123 RX# 1�1"DR' ')2CH,GERALD DATE: 03/25/07 R (425)251-5110 NAME: CHARLES GOODWIN 1414 MONRO • E NE#306 NAME: CHARLES GOODWIN 1414 MONROE AVE NE#306 AGG 0- OX C• • 200/25 0059 tO1 .0 38193098 ALLOPURINOL 100MG TABLET(*PA 49884-002-10 41070367 REFILL 4 QUANTITY 60.00 L BARTELL DRUGS PRICE= $181.99 ' 3 REFILL YES QUANTITY 30.00 BARTELL DRUGS PRICE= $10.99 WITH XPS THE AMOUNT DUE 4138.38 WITH XPS THE AMOUNT DUE 46.35 1 2 �,.J c BARTELL DRUGS#45 (425)793-1015 BARTELL DRUGS#45 4700 NE 4TH STREET (425)793-1015 RENTON,WA 98059 4700 NE 4TH STREET RENTON,WA 98059 THANK YOU WE TRULY APPRECIATE YOUR BUSINESS. TO PROVIDE YOU THANK YOU WITH THE BEST SERVICE POSSIBLE PLEASE ORDER YOUR WE TRULY APPRECIATE YOUR BUSINESS.TO PROVIDE YOU L REFILLS 24 48 HOURS IN ADVANCE f WITH THE-BEST SERVICE POSSIBLE PLEASE ORDER YOUR L REFILLS 24-48 HOURS IN ADVANCE 1 #///d� ----re' • ,e1„,,61 jilt Few -(L 1-61-f tes 4 6-0 6) A.) BARTELL DRUGS I BARTELL DRUGS RXp --arnetrirertortitIFF TI H,ALIDA .r..Wash on's Own Drvg to.& RX# 45-36095 E DR. FLO, GAYLE DATE: 03/27/07 R (425)899-3123 DATE: 03/26/07 (425)251-5110 NAME: CHARLES GOODWIN NAME: CHARLES GOODWIN 1414 MONROE AVE NE#306 1414 MONROE AVE NE#306 AGGRENOX CAP 200/25 GEMFIBROZIL 600MG TABLET(*AP 00597-0001-60 41886095 60505-0034-04 41414868 REFILL 3 QUANTITY 60,00 REFILL NO QUANTITY 180.00 BARTELL DRUGS PRICE= $181.99 BARTELL DRUGS PRICE= $91.78 (I WITH XPS THE AMOUNT DUE 4138.38 1�1 WITH XPS THE AMOUNT DUE VIM BARTELL DRUGS#45 BARTELL DRUGS#45 (425)793-1015 (425)793-1015 4700 NE 4TH STREET 4700 NE 4TH STREET RENTON,WA 98059 RENTON,WA 98059 THANK YOU THANK YOU WE TRULY APPRECIATE YOUR BUSINESS. TO PROVIDE YOU WITH THE BEST SERVICE POSSIBLE PLEASE ORDER YOUR WE TRULY APPRECIATE YOUR BUSINESS. TO PROVIDE YOU WITH THE BEST SERVICE POSSIBLE PLEASE ORDER YOUR REFILLS 24 48 HOURS IN ADVANCE REFILLS 24-48 HOURS IN ADVANCE BARTELL DRUGS � Washington's Own R. 45-360906 E DR. FLO, GAYLE DATE: 03/26/07 ,(((425)251-5110 NAME: CHARLES GOODWIN 1414 MONROE AVE NE#306 `G, NORVASC 10MG TABLET 7��/� 00069-1540-68 41424868 / C REFILL NO QUANTITY 100.00J f 7) �nr� .ttl/ BARTELL DRUGS PRICE_ $285.19 "� (� 'T WITH XPS THE AMOUNT DUE-1221.13. BARTELL DRUGS#45 (425)793-1015 4700 NE 4TH STREET RENTON,WA 98059 THANK YOU WE TRULY APPRECIATE YOUR BUSINESS. TO PROVIDE YOU WITH THE BEST SERVICE POSSIBLE PLEASE ORDER YOUR REFILLS 24-48 HOURS IN ADVANCE VAS 'S *ire SEND CLAIM TO: '',40' City of Renton • Finance Dept. -Fire Pension 1055 South Grady Way Renton, WA 98057 U<CY 0� a CITY OF RENTON FIREMEN'S PENSION BOARD Pharmacy/Medical Claim Reimbursement Request 1) DATE Ar_, -, L fj c?0 2) DISABILITY RETIREE'S NAME (print) 0 h L P,-f isp s 3) ADDRESSI33J6 - 3 �+ b'c., • ha-nY1eYY We , 6b 3j l69. 4) DISABILITY AT TIME OF RETIREMENT _A e l,/., 11 $ C'c3,5-C r'ICf'r6) 11I ahI HernI 4714 x/e7/ rro L& i 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./�) �- �7E..Q,1 c-i i-e -P 7' / c77rl 4 e It 4.114 A ?t Y i e ! P(01716 rY75 et 60 6) TOTAL AMOUNT OF CLAIM q, 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: Acf, „d„,-/-k42 Note: Supporting documentation must be attached. YsW°Kthe mm( b' ' i RECEIPT 1244 15th Ave.,Longview,WA 98832 Ph.(360)423-3360 SAVE FOR INSURANCE Rx# C686229OR TAX RECORDS 3-01.07 CRN:A7074608214191°r JOHN1335 3D AVREK 09 LONGVIEW,WA 98632 (3601 577-6684 ALPRAZOLAM 0.5MG TAB #120 NDC: 00781-1077-05 DR. RICHARDS,JOHN E ZHA COPAY: $9.81 32111111111111111111111111MITIONI1111111111111111II1I1111II01 Pfte J Wise at xm 0' +a> DRIPG RECEIPT 124416th Ave.,Longview,WA 98632 Ph.(360)4233OSAVE 360 FOR INSURANCE Pa C686232 For JOHN PARKS OR TAY RECORDS 3-01.07 CRN:A1074609784381 1335 3RD AVE#109 LONGVIEW,WA 98632 (360) 577-6684 AMBIEN 10MG TABS#### #30 NDC: 00024-5421-50 DR. RICHARDS,JOHN E ZHA COPAY: $32.52 Priee Vitus'ISO DRUG n RECEIPT 124415th Ave.,Longview,WA 98632 Ph.(360)423-3360 SAVE R TOR INSURANCE 114686231 For JOHN PARKS RTAxRECOROS 3.01.07 CRN:A8074606482781 1335 3RD AVE#109 LONGVIEW,WA 9863L (360) 577-6684 MIRTAZAPINE SOLTAB 45MG #30 NDC: 66993-0712-30 DR. RICHARDS,JOHN E ZHA COPAY: $16.97 11110111111110111111111111 11111111111111 IIIIIIIIIIIIIIIIIIIIIII III P