HomeMy WebLinkAbout05-18-17 - Signed Minutes MINUTES
FIREFIGHTERS' PENSION BOARD
CITY OF RENTON
May 18,2017
Denis Law, Mayor
Don Persson, Finance Committee Chair
lason Seth, City Clerk
Ray Barilleaux, Fire Department Representative
Bruce Phillips, Fire Department Representative-ABSENT
Chuck Christenson,Alternate Fire Department Representative
lill Masunaga, Finance Department Representative
The regular meeting of the Firefighters' Pension Board was called to order by Mayor Denis Law
at 2:04 p.m. in the Mayor's office, 7th floor of Renton City Hall. In attendance were Board
members Mayor Denis Law, Finance Committee Representative Don Persson, City Clerk Jason
Seth, Fire Department Representative Ray Barilleaux, Fire Department Representative
(alternate) Chuck Christenson, and Finance Department Representative Jill Masunaga.
MINUTES APPROVAL
MOVED BY BARILLEAUX, SECONDED BY CHRISTENSEN,THE PENSION BOARD APPROVE THE
MINUTES OF THE APRIL 6, 2017 MEETING. CARRIED.
MONTHLY STATEMENT
The March 31, 2017 and April 30, 2017 financial reports were reviewed.Total cash/investment
balance was, as of April 30, 2017, $5,506,677.89.
MONTHLY BILLS AND PENSION PAYMENTS
MOVED BY BARILLEAUX,SECONDED BY CHRISTENSON,THE BOARD APPROVE THE
PENSION/MEDICAL PAYMENTS OF$18,523.86 FOR APRIL 2017 AND$18,523.86 FOR MAY 2017,
TO BE PAID BYTHE FIREFIGHTERS' PENSION FUND.CARRIED.
UNFINISHED BUSINESS
Ray Barilleaux asked how a new bill pending at the State level regarding LEOFF II would affect
the Firefighters' Pension Fund. Mayor Law remarked that he would look into it and provide the
information at a later date.
NEW BUSINE55
The 2017 Actuarial Valuation was reviewed. Additionally, Ms. Masunaga reported that Ms.
Constance Haworth (widow) had passed away.
ADJOURNMENT
Mayor Law adjourned the meeting. TIME: 2:08 P.M.
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Jason Seth, City Clerk
Secretary, Firefighters' Pension Board