09-03-2014 - Special CITY OF EDGEWATER GENERAL EMPLOYEES' PENSION
BOARD SPECIAL MEETING MINUTES
City Half Council Chambers
Wednesday September 3, 2014 at 10:30AM
TRUSTEES PRESENT: Brenda Dewees
Tim Spoko
John McKinney
Tyna Hilton
TRUSTEES ABSENT: Gigi Bennington
John Brackin
Bobby Laramore
OTHERS PRESENT: H. Lee Dehner, Board Attorney
Ferrell Jenne, Plan Administrator
1. Call to Order Brenda Dewees called the meeting to order at 10:38AM,
2, Roll Call As reflected above.
3. Public Comments None
4. Old Business None
5. New Business
a. Proposed Ordinance amending the General Employees' Pension Plan
i. Lee Dehner explains that the ordinance's composition is a combination
of the prior Ordinance, the City Manager's comments, and changes that
reflect the Operating Rules &Procedures document that was approved
by the Board.
ii. Lee Dehner recommends the Board do a plan restatement once the new
Board of Trustees is formed.
iii. Ferrell Jenne explains to the Board that City paralegal has reviewed the
proposed ordinance and made some comments.
1. Board and Lee Dehner review the comments made by Robin
Matusick.
a. Lee Dehner advises the Board to include the codification
language once we do a plan restatement. Mr. Dehner
also states that by Statue, the Ordinance will need to be
sent to the Division of Retirement so there is not a need
to provide for this language in the Ordinance.
Board votes to send the proposed Ordinance 2014-0-21 to City Council for reading upon
motion made by John McKinney and second by Tim So ko motion carried 4-0.
6. Adiiournment The meeting adjourned at 10:50AM.
7. Next Meeting September 15, 2014 at 11:00AM.
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spectfully ubmitted by: Approved by:
m F rrell Jenne Name:
Title: Plan Administrator Title: MACE CMCftPN
Date Approved By the Pension Board: iyonnux- V5, aV M
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