01-21-1992 Nof
latPartuFqg
CITY OF ATE R
Volt i linty
c
POST OFFICE BOX 100 *i , FLORIDA 32132
(904)427 4108 (904 :4'27 3804 Chief
SunCorTi "I 11 -7007
LAWRENCE F. SCHUMAKER
CHIEF OF POLICE
JANUARY 9, 1992
THERE WILL BE A MEETING OF THE BOARD OF TRUSTEES OF THE CITY OF
EDGEWATER POLICE RETIREMENT PLAN ON TUESDAY, JANUARY 21, 1992, AT
7:00 P.M., IN THE EDGEWATER POLICE DEPARTMENT SQUAD ROOM.
AGENDA
CALL TO ORDER: * CHAIRPERSON RUTH GARVEY
ROLL CALL:
APPROVAL OF MINUTES: * MEETING SEPTEMBER 16, 1991
OLD BUSINESS: * t-- ADDRESSING THE OPTION OF APPOINTING
OUR OWN ATTORNEY.
.._._.._.YEARLY ACCOUNT OF WHAT THE PLAN I S
DOING AS DEPICTED IN ATTACHED LETTER
A -6.
NEW BUSINESS: * a- ._.}DISCUSSION ON CHANGING CHAIRMAN, VICE -
CHAIRMAN AND SECRETARY POSITIONS.
I/1YISCUSSION ON THE DEFINITION OF THE
AVERAGE COMPENSATION AS SET FORTH
IN THE ATTACHED LETTER A -1 FROM THE
PRINCIPAL FINANCIAL GROUP.
* -'" ISCUSSION ON DEATH BENEFITS.
* v ISCUSSION ON THE CHANGE IN THE
ANNUITY PURCHASE RATE AS DEPICTED IN
THE ATTACHED LETTERS A -2, A -3, AND A -4.
* ,LeISCUSSION PERTAINING TO THE FIDUCIARY
FINANCIAL RESPONSIBILITY OF THE BOARD
AS PERTAINS TO THE DEPARTMENT OF ADMIN-
ISTRATION, AS DEPICTED IN THE ATTACHED
/LETTER A -5.
* DISCUSSION ON MANDATORY PAPERWORK FOR
THE DEPARTMENT OF INSURANCE.
*
'DISCUSSION ON PREVIOUS REQUEST'S ON
THE CHANGES OF BENEFITS AND WHAT IS
HAPPENING.
* ✓ HOPING THAT JACK ASCHERL CAN BE PRE-
SENT TO BRING US UP TO DATE OF ANY
CHANGES, IF ANY.
v Noe
MISCELLANEOUS: * VKAREN RICKELMAN REQUESTED DISCUSSION
ON HAVING A LETTER STATING THAT THE
PENSION BOARD HAS FIDUCIARY RESPONSI-
BILITY FOR INSURANCE.
PAGE 2