07-21-2006 - Special
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EDGEW A TER POLICE PENSION BOARD
SPECIAL MEETING
FRIDAY JULY 21,2006
CITY HALL CONFERENCE ROOM
MINUTES
CALL TO ORDER:
Chairman Conroy called The Police Pension Board special Meeting to order on Friday, July 21,
2006 at 1 pm in the city Hall Conference room.
ROLL CALL:
Chairman Conroy conducted the roll call for The Police Pension Board Meeting. Members present
were Gary Conroy, Ferdinand Heeb, Lawrence Leaf and Malecia Williams. Daniel Blazi was
absent. A quorum was established. Also present was Joe Bogdahn, Mike Welker and bavid West
ofBogdahn Consultants. ..
APPROVAL OF MINUTES:
No minutes were presented to the board.
MISCELLAENOUS:
Bogdahn Consulting made a presentation of potential cost savings to the plan by unbundling
actuarial services.
MOTION:
Williams made a motion to have Bogdahn research the cost of independent actuarial services and
report back to the board. Heebseconded this motion.
Motion carried unanimously
MOTION:
Heeb made a motion to have Bogdahn research Attorneys that spe~ia1ize in municipal pension
pl~s. Leaf seconded motion.
Motion carried unanimouslY "
ADJOURNMENT:
Williams made motion to adiourn. Heeb seconded this motion.
Motion carried unanimouslv
Meetin!! adiourned at 1:43om
Minutes submitted by: Chairman Conroy