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06-21-1988 "'f ~ Qlitt! of fllgewater POST OFFICE BOX 100 EDGEWATER, FLORIDA 32032 POLICE PENSION BOARD REGULAR MEETING TUESDAY, JUNE 21, 1988 COMMUNITY CENTER Chairman Larry Jarkovsky called to order a regular meeting of the Police Pension Board on Tuesday, June 21, 1988, at 2:35 P.M., in the Community Center. ROLL CALL: Members present were Larry Jarkovsky, Dan Grise1l, Nancy Swiney and James Inman. Also present were Christi Fish, Police Tele- communicator/UCR Clerk, and Beverly Kinney, Secretary. OLD BUSINESS: Changes to Existing Pension Plan: New recommendations for the Retirement Plan were discussed. Some to the items included were: 20 year retirem~nt, regardless of age; compensation to families of officers injured or killed on duty; and, additional monetary contributions, by the officers, to the plan. A motion was made by Mr. Inman to submit a proposal to Jack Ascherl as soon as possible; seconded by Mr. Grisell. Motion carried 4-0. Mr. Jarkovsky advised the Board he had received correspondence from two investment companies. Mr. Inman moved to file both letters for future reference; seconded by Mrs. Swiney. Motion carried 4-0. Mr. Grisell asked about the selection of a new member to the Board. The Secretary stated the Selection Review Committee is responsible for recommendations. Interested persons are required to file an application with Dorothy Garrity, Secretary for the Committee. NEW BUSINESS: None. MISCELLANEOUS: Christi Fish was presented as new Secretary for the Board. Mr. Jarkovsky inquired about the number of meetings needed per year. The Secretary stated the Board must meet quarterly, but is not limited to the quarterly schedule. · There being no further business before the Board, Mr. Jarkovsky asked for a motion to adjourn. -Mr. Inman so moved; seconded by Mr. Grisell. The meeting adjourned. at approximately 3:00 P.M. Minutes respectfully submitted by: Christi Fish