06-13-1989
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POST OFFICE BOX 100
EDGEWATER, FLORIDA 32032
POLICE PENSION BOARD
MEETING
TUESDAY, JUNE 13, 1989
10:00 A.M.
SQUAD ROOM, POLICE DEPARTMENT
The meeting of the Board of Trustees of the City of Edgewater Police
Retirement Plan was called to order by Chairman Nancy Swiney at 10:10 A.M.
ROLL CALL:
Members present were Nancy Swiney, John Borzner, Gary Butt, Diana Floyd
and Leo Booth. Also present were Jack Ascherl, Police Pension Consultant,
and Christi Fish, Secretary.
APPROVAL OF MINUTES:
Leo Booth made a motion to approve the minutes of the April 25, 1989, and
the May 8, 1989, meetings, seconded by Diana Floyd. Motion carried 5-0.
OLD BUSINESS:
Mr. Borzner asked for clarification of the issue of the Edgewater police
pension plan being a chapter or a local plan. It was determined by Mr.
Ascherl that Edgewater is a local plan.
Mr. Ascherl discussed the latest Acturial Valuation Report.
The Board presented Mr. Ascherl with recommendations for enhancements to
the current plan.
NEW BUSINESS:
None.
MISCELLANEOUS:
None.
There being no further business before the Board, Leo Booth made a motion
to adjourn, seconded by Gary Butt. Meeting adjourned at 11:22 A.M.
Minutes submitted by:
Christi R. Fish