HomeMy WebLinkAboutCity Council Committees - Fireman's Relief Pension Board - 04/18/2017Firemen's Relief and Pension Board
Minutes
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April 18, 20L7
Kent, Washington
Approved July 18, 2OL7
BOARD MEMBERS PRESENT: Board Chair, Mayor Suzette Cooke, board members
Dana Ralph, Sam Grubbs, and Sue Hanson for Kim Komoto, Secretary.
STAFF MEMBERS PRESENT: Aaron BeMiller, Finance Director, Suzanne Shaw,
Senior Financial Analyst, and Lavina Brennecke, Accounting & Reporting Manager,
Laura Horea, Benefits Manager.
ABSENT: Al Bond
1. Call to Order
The meeting was called to order at 3:32 p.ffi., with Committee Chair Mayor Cooke
presiding.
2. Roll Call
Committee member Al Bond was absent
3. Changes to the Agenda
Susanne Shaw will be the speaker for item No. 6.
4. Aooroval of Minutes. dated Januarv 17, 2O17
Sam Grubbs moved to approve the minutes dated January L7, 2Ot7, and board
member Ralph seconded the motion.
The motion passed unanimously by a vote of 3-0,
5. lst Quarter 2O17 Financial Transactions
Lavina Brennecke, Accounting & Reporting Manager provided details regarding the
financial reports for the months of January, February, and March of 2OL7.
Board member Sam Grubbs moved to approve the financial reports for January,
February, and March of 20L7 and board member Ralph SECONDED the motion.
The motion passed unanimously by a vote of 3-0.
6. LEOFF 1 Retirees'COLA Effective April 1, 2O17
Susanne Shaw advised that there will be a 2.28o/o increase for LEOFF 1 retirees.
The first distribution will be on the checks issued on the 20't. This annual COLA
increase applies to all of LEOFF1 retirees.
Firemen's Relief and Pension Board
Minutes
April 18, 2OL7
Kent, Washington
Approved July 18, 2Ot7
This increase to the LEOFF benefit reduces the city obligation a small amount until it
is time to increase their total benefit amount by either local CPI increase or changes
to current Fire Fighter contracts.
6. Board Position No. 2 Election Results
Ballots were opened by the City Clerk. All votes cast were for All Bond. Al's term
will expire June 30, 2O2O.
8. Adjournment
At 3:50 p.m., Chair, Mayor Cooke declared the meeting adjourned
Sue Hanson
For Kimberley A. Komoto
Firemen's Relief and Pension Board Secretary
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