HomeMy WebLinkAbout1996-08-29 Minutes•
MINUTES OF A MEETING OF THE FIRE PENSION BOARD
A meeting of the Fayetteville Firemen's Pension and Relief board
was held on Thursday, August 29, 1996, at 11:00 a.m., in room 326
of the City Administration Building 113 W. Mountain, Fayetteville,
Arkansas.
PRESENT: Marion Doss, Ron Wood, Howard Boudrey, Darrell Judy, and
City Clerk/Treasurer Traci Paul
ABSENT: Mayor Fred Hanna & Pete Reagan
CALL TO ORDER
Doss called the meeting to order.
MINUTES
Judy, seconded by Wood, moved to approve the minutes of the July
25, 1996, meeting. The motion passed unanimously.
PENSION LIST
Paul stated there are no changes in the pension list. Accounting
is working on the situation with Bill Morris' pension. Denise Land
has requested documentation on the law that entitles a volunteer to
an extra $5 per month for each year served over 20.
Doss stated he would provide the documentation.
Boudrey, seconded by Judy, moved to approve the September pension
list. The motion passed unanimously.
NEW BUSINESS
Investment Report
The Board reviewed a faxed investment report from Richard Yada at
Merrill Lynch.
OLD BUSINESS
Payment to PRB for Increase Request
Paul stated she received a bill in the amount of $925 from PRB
for the benefit increase request. With a regular check request, a
check will be mailed next Thursday. They are holding the insurance
turnback check until this bill is paid. Paul asked if the Board
wanted a check processed before Thursday.
•
August `29, 1996
In response to a comment from Doss, Paul stated the first benefit
increase request costs $600, the second amount requested costs
$250, and there is a $75 processing fee.
In answer to a question from Paul,
a check on Thursday would be fine.
There being no further business the
1
the Board decided that mailing
meeting adjourned at 11:13 a.m.