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Home My WebLink About2001-01-25 - Agendas - Final• • FIRE PENSION AND RELIEF FUND BOARD AGENDA JANUARY 25, 2001 A meeting of the Fayetteville Fire Pension and Relief Fund Board will be held on January 25, 2001 at 11:00 a.m. in Room 326 of the City Administration Building. 1.. Approval of the minutes 2. Approval of the pension list 3. Investment report 4. Benefit increase 5. Retirement of Larry Phillips 6. Other business VAI fr- MINUTES OF A MEETING OF THE FAYETTEVILLE FIRE PENSION AND RELIEF FUND BOARD JANUARY 5, 2001 A meeting of the Fayetteville Fire Pension and Relief Fund Board was held on January 5, 2001 (for the December 2000 meeting) in Room 313 of the City Administration Building located at 113 West Mountain Street, Fayetteville, Arkansas. PRESENT: Mayor Coody, Marion Doss, Danny Farrar, Ronnie Wood, and City Clerk Heather Woodruff. ABSENT: John Dill and Pete Reagan MINUTES Mr. Wood moved to approve the minutes. Mr. Doss seconded the motion. Upon roll call the motion carried unanimously. PENSION LIST. Mr. Doss explained the pension list was a list of the retirees and widows that were currently drawing off the fund. Any changes to the list were normally noted in the minutes. • Ms. Woodruff stated Mr. Doss had been added to the Drop List. • Mr. Farrar moved to approve the Pension List. Mr. Wood seconded the motion. Upon roll call the motion carried unanimously. BENEFIT INCREASE Mr. Doss explained that at the last meeting they had discussed a benefit increase. Pete Reagan had moved to approve an expenditure from the pension fund to pay for a cash flow study for the purpose of a benefit increase. They had also approved a resolution requesting a benefit increase The resolution they had signed requesting the benefit increase had been in the wrong form. Ms. Woodruff stated the original resolution had contained sections which did not apply to their fund. A revised resolution was presented for signatures. Mayor Coody asked if this would increase any city expenditures. Mr. Doss explained it was not a city expenditure that it would be coming from their fund. Mr. Wood moved to sign the revised resolution. Mr. Doss seconded the motion. Upon roll call the motion carried unanimously. Meeting adjourned at 11:20 p.m. s J FIREMEN'S RELIEF AND PENSION FUND FEBRUARY, 2001 *HE FOLLOWING ARE THE OBLIGATIONS OF THE FIREMEN'S RELIEF FUND FOR THE MONTH OF FEBRUARY, 2001. YOU ARE HEREBY INSTRUCTED TO ISSUE CHECKS TO THE PAYEES, IN THE AMOUNTS SHOWN, AND FOR THE PURPOSE SO STATED. DATE OF EMP# RETIREMENT NAME' GROSS CHILD SUPPORT. FED TAX ST. TAX NET • 74 3/86 BAIRD, JULIA 1,191.06 100.00 1,091.06 2 3/75 BLACKARD, PAUL 55.00 55.00 63 5/72 BOLAIN, ANN 55.00 55.00 68 7/99 .BONADUCE, MICHAEL 1 975 38 475.38 1,500.00 44 9/86 BOUDREY, BETTY MRS. 1,641.57 180.00 1,461.57 -45 9/86 BOUDREY, HOWARD 1,383.66 1,383.66 49 . 7/88 BOUDREY, JACK 1,088.98 287.68 50.00 751.30 4 6/67 CARL, FLOYD JR ' 55.00 55.00 5 5/72 CASELMAN, ARTHUR 75.00 75.00 - 57 5/90 CATE, ROY 1,182.35 1,182.35 6 4/68 CHRISTIE, ARNOLD 55.00 55.00 8 10/76 COUNTS, WAYNE 55.00 55.00 61 6/66 DAVIS, BEULAH F. - 377.50 377.50 78 11/99 DILL,GARY JOHN 1,198.11 100.00 1,098.11 80 11/99 DILL,PAMELA 1,198.10 100.00 1,098.10 11 2/76 FARRAR,ALONZO 707.84 707.84 38 5/84 FRALEY, JOSEPH G. 1,171.39 100.00 10.00 1,061.39 34 .6/79 HARRIS, JAMES E. 55.00 55.00 70 11199 HARRIS, MARY RUTH 55.00 55.00 64 4/95 JORDAN, CHARLIE 1,525.81 1,525.81 76 5/88 • JUDY, JAN 1,088.98 200.00 50.00 838.98 37 3/84 KING, ARNOLD D. 1,008.97 100.00 10.00 898.97 54 5/89 KING,ARVIL 1,131.00 130.00 1,001.00 12 3/60 LANE, HOPE MRS 55.00 55.00 13. 10/67 LAYER, MERLIN _ 417.50 417.50 14 7/74 LEE, HAROLD 55.00 55.00 51 10/88 LEWIS, CHARLES 1,088.98 1,088.98 60 12/89 LEWIS, MARVIE 570.91 570.91 55 12/89 LEWIS, ROGER 570.92 50.00 10.00 510.92 • 40 9/85 LOGUE, PAUL D. 1,902.69 225.00 25.00 1,652.69 50 9/88 MASON, LARRY 1,078.16 . 78.16 1,000.00 39 4/85 MC ARTHUR, RONALD A. 1,159.11 100.00 1,059.11 .35 2/82 MC CHRISTIAN, DWAYNE 55.00 30.00 25.00 15 4/77 'MC WHORTER, CHARLES 886.19 80.00 806.19 29 8/81 MILLER, DONALD 863.01 125.00 _ 738.01 73 2/00 MILLER,KENNETH 2,129.57 2,129.57 42 2/86 MOORE, JAMES H. 55.00 55.00 17 2/66 MORRIS, WILKIE MRS. 55.00 55.00 16 4/64 MORRIS, WILLIAM H. 70.00 70.00 62 10/68 MORRISON, ELIENE 80.00 80.00 48 7/88 MULLENS, DENNIS W. 1,448.31 1,448.31 58 9/90 OSBURN, EDWARD 1,646.01 160.00 1,486.01 46 5/88 OSBURN, TROY 1,255.55 65.81 1,189.74 . 53 2/89 POAGE, LARRY 1,556.57 210.00 60.00 1,286.57 22 4/73 REED, JOE 55.00 55.00 30 3/81 SCHADER, EARVEL 923.01 923.01 41 9/85 SCHADER, TROY 1,007.92 57.00 950.92 23 4/71 SKELTON, BURL L. 692.50 42.50 650.00 67 10/98 SKELTON KATHY 417.80 - 417.80 66 8/98 SKELTON, PAULINE 390.00 390.00 56 2/90 . SKELTON, ROY 1,208.22 340.00 210.00 63.40 934.82 36 5/76 SPRINGSTON, CARL 609.88 50.00 9.88 550.00 • • 25 26 27 71 28 59 52 2/75 3/66 3/71 1/00 7/68 5/91 9/88 DROP DATF 07/01/1996 03/01/1998 05/01/1998 02/01/1999 02/01/1999 05/01/1999 05/01/1999 04/01/2000 07/01/2000 01/01/2001 STOUT, ORVILLE TUNE, BILLIE SUE TUNE. MILDRED MRS. WARFORD,THOMAS WATTS, DONALD WATTS, WAYNE WRIGHT, RANDALL DROP EMPI OYFFS JOHNSON, ROBERT GAGE, TOMMY FREEDLE, LARRY LEDBETTER, DENNIS TATE, RALPH BACHMAN, EDDIE WOOD, RONNIE NAPIER,LONNIE REAGAN,PETE DOSS,MARION 590.36 80.00 80.00 1,659.70 400.00 1,191.51 1,128.98 130.00 150.00 20.00 590.36 80.00 80.00 1,659.70 400.00 1,041.51 978.98 45,764.06 340.00 3,536.53 308.28 41,579.25 2,042.47 1,716.25 2,550.40 2,523.35 2,424.38 1,736.25 2,033.79 2,336.47 2,342.44 3,581.56 WE, THE UNDERSIGNED, DO SOLEMNLY SWEAR THAT THE ABOVE OBLIGATIONS ARE JUST AND CORRECT; THAT NO PART THEREOF HAS BEEN PREVIOUSLY PAID; THAT THE PENSION PAYMENTS SO CHARGED ARE IN ACCORDANCE WITH THE ACTIONS OF THE BOARD OF TRUSTEES OF THE FIREMEN S RELIEF AND PENSION FUND; THAT THE SERVICES OR SUPPLIES FURNISHED, AS THE CASE MAY BE, WERE ACTUALLY RENDERED OR FURNISHED; AND THAT THE CHARGES MADE THEREFORE DO NOT EXCEED THE AMOUNT ALLOWED BY LAW OR THE CUSTOMARY CHARGE FOR SIMILAR SERVICES OR SUPPLIES. •ECRETARY CHAIRMAN AND PRESIDENT ACKNOWLEDGEMENT STATE OF ARKANSAS ) COUNTY OF WASHINGTON ) )SS SWORN TO AND SUBSCRIBED BEFORE ME THIS DAY OF 2000. NOTARY PUBLIC MY COMMISSION EXPIRES: • January 11, 2001 • • ARKANSAS FIRE & POLICE PENSION REVIEW BOARD Fayetteville Fire Pension Board of Trustees C/O The Honorable Heather Woodruff City of Fayetteville 113 West Mountain Fayetteville, AR 72701 Dear Board of Trustees: P.O. DRAWER 34164 LITTLE ROCK, ARKANSAS 72203 TELEPHONE: (501) 682 - 1745 FAX: (501) 682 - 1751 email: info@lopfi-prb.com website: www.lopfi-prb.com I wanted to confirm that this office has received your resolution iliequesting a benefit increase. We will need to receive the FY2000 inancial disclosure report of the pension plan before we can process the benefit increase request. Upon receipt of the report, we will bill you for the benefit increase request. Thank you for your assistance in this matter. Sincerely, Cathyrn E. Hinshaw Executive Director LTTTC. fiij 'cp N.‘-Cq, r ; APPLICATION FOR PENSION PURPOSES Date /--&3 _42ei Board of Trustees Fire Pension and Relief Fund Fayetteville, Arkansas Gentlemen. I, /� H ��l ��^1 5 have been employed by the Fire Department of the City of Fayetteville, Arkansas since ArK iL a 19 I hereby request all of the benefits due me from the Fire Pension and Relief Fund as of 115 SOD() /'s PbssY414 E. 172 A Etc My Beneficiary is 4-7-2 I e LW Sue W My reasons for retirement are Oen c Signature r _ Sit i4i i t✓ pm to before me this day ofd l/ n1510/7/ • • 41.:,+O (/ : 1 n � e ---y , 'i•• !.„'-”: '4 My commission s ./V2.4-44) ti•e:.t': \ N COuN..•• ===_' .-. CITY CLERK/TREASURER'S OFFICE Computation of Retirement Benefits The monthly salary of the above applicant for pension purposes is $ One half of applicant's salary $ Additional benefits per Arkansas Act 396 of 1987 $ Additional benefits per Arkansas 24-11-418 (military time) $ Total retirement benefits $ City Clerk/Treasurer Subscribed and sworn to before me this day of Notary Public My commission expires 1 Name: Larry Phillips Emp # 109 SS# 431-27-4026 DOH: 04/26/1982 Yrs Srv: 18 Hourly Rate: Hours Base: GENERAL FIRE PENSION Prepared: 1/24/01 Date of Retirement: 10.388 3,247.92 Annual Salary 33,739.393 Annual Benefit (at 65% of salary) 21,930.605 1112 of Annual Benefit 1,827.55 • Additional yrs beyond 20: $20.00 0.00 Monthly benefit 1,827.55 Daily benefit 60.08