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CITY OFE ,, WATER
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POST OFFICE BOX 1 0b ° '1l0 DGE* '`TER, FLORIDA 32132
(904) 427 4103 Aly904)427 3804 Chief
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LAWRENCE F. SCHUMAKER
CHIEF OF POLICE
APRIL 21, 1992
THERE WILL BE A MEETING OF THE BOARD OF TRUSTEES OF THE CITY OF
EDGEWATER POLICE RETIREMENT PLAN ON THURSDAY, APRTT, 30, 1992, AT
7L30 P. M., TN THF. EDGEWATER CITY HALL L OEFERENCE OOM.
AGENDA
CALL TO ORDER:
ROLL CALL : (Z
APPROVAL OF MINUTES:`* MEETING JANUARY 21, 1992
OLD BUSINESS: * LOOKING FORWARD TO JACK ASCHERL
BRINGING US UP TO SPEED ON WHAT THE
YEARLY ACCOUNT IS DOING.
NEW BUSINESS: * 1) HOPEFULLY MR. ASCHERL CAN HELP
US ALL TO UNDERSTAND ALL OF THE
QUESTIONS WE MAY HAVE REFERENCE THE
FOLLOWING:
vr fi sl e
2) WHAT IS THE CITY'S DEFINITION OF
���� AVERAGE COMPENSATION?
k 3) PORTFOLIO MANAGEMENT SERVICES INC.
X REPORT OF WHERE THE PENSION PLAN
RANKS OUT OF 66 PLANS (STATEWIDE)
PER FLORIDA MUNICIPAL PENSIONS
INDEX (FMPI). U Ke,
4) THE BOARD WOULD,JACK ASCHERL TO
DISCUSS THE CHANGES IN THE ANNUITY
PURCHASE RATE DEPICTED IN ATTACHED
LETTERS HE RECEIVED (A -2, A -3 & A -4)
WHICH WAS AT SENT TO BOARD MEMBERS.
5) DISCUSS {THER 1 OR 2 MEMBERS OF
THE BOARD WILL ATTEND THE UPCOMING
PENSION TRUSTEE SEMINAR SOMETIME IN
JULY.
ADJOURNMENT: