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HomeMy WebLinkAbout07-20-17 - Signed Minutes MINUTES FIREFIGHTERS' PENSION BOARD CITY OF RENTON July 20,2017 Denis Law, Mayor Don Persson, Finance Committee Chair-ABSENT Jason Seth, City Clerk Ray Barilleaux, Fire Department Representative Bruce Phillips, Fire Department Representative Chuck Christenson, Alternate Fire Department Representative Jamie Thomas, Finance Department Representative The regular meeting of the Firefighters' Pension Board was called to order by Mayor Denis Law at 2:02 p.m. in the Mayor's office, 7th floor of Renton City Hall. In attendance were Board members Mayor Denis Law, City Clerk Jason Seth, Fire Department Representative Ray Barilleaux, Fire Department Representative Bruce Phillips, and Finance Department Representative Jamie Thomas. MINUTES APPROVAL MOVED BY BARILLEAUX, SECONDED BY PHILLIPS,THE PENSION BOARD APPROVE THE MINUTES OF THE MAY 18, 2017 MEETING. CARRIED. CORRESPONDENCE Mr. Seth reported that widows received a 2.2%Cost of Living Allowance (COLA) increase per RCW 41.18.104. Ms.Thomas stated that she would send the affected widows a letter notifying them of the increase. MONTHLY STATEMENT The May 30, 2017 and lune 30, 2017 financial reports were reviewed.Total cash/investment balance was, as of lune 20, 2017, $5,640,855.99. MONTHLY BILLS AND PENSION PAYMENTS MOVED BY BARILLEAUX, SECONDED BY PHILLIPS,THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS OF$15,141.59 FOR JUNE 2017 AND$15,297.12 FOR JULY 2017,TO BE PAID BY THE FIREFIGHTERS' PENSION FUND. CARRIED. ADJOURNMENT MOVED BY BARILLEAUX, SECONDED BY PHILLIPS,THE FIREFIGHTERS' PENSION BORARD ADJOURN. CARRIED.TIME: 2:06 P.M. � !' , �� �� lason Seth, City Clerk Secretary, Firefighters' Pension Board