HomeMy WebLinkAboutCity Council Committees - Fireman's Relief Pension Board - 01/15/2019 (2)Firemen’s Relief and Pension Board January 15, 2019
Minutes Kent, Washington
Pending Approval
Page | 1
BOARD MEMBERS PRESENT: Council President Bill Boyce in place of
Councilmember Thomas, Sam Grubbs and Kim Komoto, Secretary (Chairing the
meeting).
STAFF MEMBERS PRESENT: Lavina Brennecke, Accounting and Reporting
Manager
1. Call to Order
The meeting was called to order at 3:38 p.m., with Kim Komoto presiding
2. Roll Call
Council President Bill Boyce attending for Les Thomas– Present
Councilmember Les Thomas – Absent
Kim Komoto – Present
Al Bond – Absent
Sam Grubbs – Present
Mayor Ralph - Absent
3. Changes to the Agenda
None
4. Approval of Minutes, dated October 16, 2018
Sam Grubbs moved to approve the minutes dated October 16, 2018, and Boyce
seconded the motion. The motion passed unanimously with a vote of 3-0.
5. Board Position #2 Election – Information Only
Komoto provided an update on the upcoming election for position #2 currently held
by Al Bond. Nomination forms will be mailed on March 4, 2019.
6. Benefit Adjustment to Reflect Puget Sound Regional Fire Authority
COLA Increase
Lavina Brennecke, Accounting & Reporting Manager, provided an update on the
increase for battalion chiefs and district chiefs. Brennecke advised that negotiations
for the increases for firefighters is not yet complete and that she will report the
outcome at the next meeting.
7. 4th Quarter 2018, Financial Report
Brennecke, provided details regarding the Executive Summary for Cash and
Investments as of December 31, 2018, and the Statement of Revenues and Expenses
as of December 31, 2018.
Firemen’s Relief and Pension Board January 15, 2019
Minutes Kent, Washington
Pending Approval
Page | 2
Brennecke reviewed the Firemen’s Relief and Pension Trust Fund Cash and
Investments ending December 31, 2018, that also included a five-year comparison.
8. Adjournment
At 3:45 p.m., Komoto declared the meeting adjourned.
Kimberley A. Komoto
Firemen’s Relief and Pension Board Secretary
January 15, 2019