05-21-1980 - Joint CITY OF EDGEWATER
JOINT PENSION BOARD
May 21, 1980
CALL TO ORDER
Mayor Christy called the meeting to order at 10:00 A.M. in the Mayor's
Office to discuss the Pension Plan.
ROLL CALL
Mayor Robert H. Christy Present
City Clerk Joe Herget Excused
Deputy City Clerk Nancy Blazi Present
Ms. Kinsey Present
Mr. Wilcox Present
Rev. Boggs Present
Mr. Bosse Present
Police Chief Earl Baugh Present
Sergeant William Rickelman Excused
Officer Lenz Absent
Mr. Watkins Present
Mr. Ascherl Present
Mr. Ascherl gave the report on the Pension Plan. The employees received
their annual statements. Each year Banker's Life does the evaluation.
He presented the 1978 - 79 and 1979 -80 report, ( the tape was not
audible -while Mr. Ascherl gave his report).
Total amount for 1979 was $26,859.00 at the time we had $26,642.00 we
were $217.00 short which was made up in time.
Mr. Ascherl stated that the estimated evaluations have been on target.
The Board members discussed possible additions to the pension benefits
but no action was taken at this time.
Mayor Christy made a motion to adjourn. Mr. Watkins seconded the motion.
Meeting adjourned.
Minutes submitted by:
Nancy Blazi
Janice Burnell