06-10-2009 Edgewater Firefighter's Pension Fund
Regular Meeting
June 10, 2009
Station 57
2616 Hibiscus
6:00 p.m.
CALL TO ORDER:
Chairman Jollie called to order the regular meeting of the Edgewater
Firefighters' Pension Fund Board on June 10, 2009 at 5:33 p.m. at
Edgewater Fire Rescue Station 57.
ROLL CALL:
Members present were Chairman Jim Jollie, Ron Hayward, Gary Butt
and Debbie Harrison. Also present was Brian Bizzell of Salem Trust;
Mike Welker of Bogdahn Consultant, and Shontella Jackson, Recording
Secretary.
Absent: Laura Reilly.
NEW BUSINESS:
Salem Trust
Chairman Jim Jollie introduced Brian Bizzell of Salem Trust to the
Board. Mr. Bizzell advised the Board of some new products, which
Salem Trust currently offers. Board member Debra Harrison was added
as an additional signee.
Presentation by Bogdahn Consultant
Mike Welker presented and reviewed the quarterly report dated March
31, 2009.
Foster & Foster'
Chairman Jim Jollie stated that the yearly report was completed. The
Board discussed having Foster & Foster to prepare the yearly report for
the pension plan, which is currently being prepared by the City's finance
department. The cost for this service would be approximately $1500 to
$2000. MOTION by Ron Hayward, SECOND by Debbie Harrison to
allow Foster & Foster to prepare the yearly report. MOTION
CARRIED UNANIMOUSLY. MOTION by Ron Hayward, SECOND by
Edgewater Firefighters'Pension Fund
Regular Meeting
06/10/09 Page 2
Debbie Harrison to approve the actuarial report by Foster & Foster.
MOTION CARRIED UNANIMOUSLY.
ADJOURNMENT:
Chairman Jim Jollie adjourned the meeting at 6:45 p.m.
Minutes respectfully submitted by:
Shontella Jackson
Recording Secretary
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