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09-20-2006 u o EDGEW ATER POLICE PENSION BOARD REGULAR MEETING September 20, 2006 City Hall Conference Room Minutes CALL TO ORDER: Chairman Gary Conroy called The Police Pension Board Regular Meeting to order on Wednesday September 20,2006 at I :00 p.m. in the City Hall Conference Room. ROLL CALL: Secretary Blazi conducted the Roll Call for the Police Pension Board Meeting. Members present were Gary Conroy, Daniel Blazi, Ferdinand Heeb, and Lawrence Leaf. A quorum was established. Also present was Jack Acherl Agent of Record, Debbie Ziegler from the Personnel Department, Donna Looney from the Personnel Department, and Gary McElroy. APPROVAL OF MINUTES: Chairman Conroy Called for a review and approval of the Minutes for the August 2, 2006 Edgewater Police Pension Board Regular Meeting. MOTION Ferdinand Heeb made a motion to accept the minutes as read. Lawrence Leaf seconded this motion. Motion carried unanimouslv NEW BUSINESS: Request for disability pension from Officer Gary McElroy: Chairman Conroy forwarded the application for disability pension for Officer Gary McElroy. The application had been furnished to Gary Conroy through the Board Attorney, and had been completed by Officer McElroy. MOTION Dan Blazi made a motion for Chairman Conroy to forward the application to Harrison for review and guidance on the process for acceptance of Officer Gary McElroy's Disability Pension. Ferdinand Heeb seconded this motion. Motion carried unanimouslv Insurance Coverage, and Board Liability: u (.) Discussion was initiated in reference to liability insurance, and if it would be needed for the Pension Board. The possibility of the City of Edgewater already supplying liability coverage was also discussed. MOTION Ferdinand Heeb made a motion to have Harrison review any insurance or coverage the City might have for Board liability. and to request a time frame. Dan Blazi seconded this motion. Motion carried unanimously OLD BUSINESS: Fund Statement Jack Ached presented the Edgewater Police Defined Benefit Plan. Jack Ached presented what he felt were discrepancies in the report from Bogdahn consulting. Jack Ached also presented an argument for Bundling. ADJOURNMENT: With no further business to discuss, Chairman Conroy called for a motion to adjourn. MOTION Dan Blazi made a motion to adiourn. Ferdinand Heeb seconded this motion. Motion carried unanimously The meeting was adjourned at 2:51 p.m. Secretary Dan Blazi -~~ 2