09-25-1992
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CITY OF EDGEWATER .
Volusia County
POST OFFICE BOX 100 . EDGEWATER. FLORIDA 32132
(904) 427-4103 . (904) 427-3804 Chief
SunCom 371-7007
LAWRENCE F. SCHUMAKER
CH I EF OF POLICE
CITY OF EDGEWATER
POLICE PENSION BOARD MEETING
SEPTEMBER 25, 1992
7:30 P.M.
SQUAD ROOM, EDGEWATER POLICE DEPARTMENT
A MEETING OF THE BOARD OF TRUSTEES OF THE CITY OF EDGEWATER
POLICE RETIREMENT BOARD CALLED TO ORDER BY CHAIRMAN, LARRY
WESTFALL, AT 7:30 P.M., IN THE SQUAD ROOM OF THE EDGEWATER
POLICE DEPARTMENT.
ROLL CALL:
MEMBERS PRESENT: CHAIRMAN, LARRY WESTFALL, SECRETARY, RUTH
GARVEY, RUTH O'ROURKE, AND JOHN BORZNER. ALSO PRESENT WAS
PENSION BOARD RECORDER, LINDA KIRKLAND. WILLIAM BENNETT WAS
NOT PRESENT AT THIS MEETING.
APPROVAL OF MINUTES:
A MOTION WAS MADE BY JOHN BORZNER AND SECONDED BY RUTH
GARVEY TO APPROVE MINUTES OF APRIL 30, 1992. MOTION WAS
CARRIED 4-0.
NEW BUSINESS:
LARRY WESTFALL WENT OVER BRIEFLY, ON THE MOST RECENT
ACTUARIAL VALUATION WHICH WAS SENT FROM JACK ASCHERL. MR.
WESTFALL WILL HAVE MR. ASCHERL GO OVER IT AGAIN AT THE NEXT
MEETING.
LARRY WESTFALL WENT OVER THE MOST RECENT NEWS LETTER FROM
PORTFOLIO MANAGEMENT SERVICES BRIEFLY ALONG WITH THE BENEFIT
FORMULA HANDED OUT AND WENT OVER THE RETIREMENT FUND.
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ADJOURNMENT:
THERE BEING NO FURTHER QUESTIONS FROM THE BOARD, RUTH GARVEY
MADE A MOTION TO ADJOURN, WHICH WAS SECONDED BY RUTH
O'ROURKE. MEETING ADJOURNED AT 8:30 P.M. MOTION CARRIED 4-0.
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LINDA KIRKLAND
PENSION BOARD RECORDER