Agenda 04-01-08
BOYNTON BEACH POLICE OFFICERS' PENSION FUND
SPECIAL BOARD MEETING
Tuesday, Aprill, 2008, @ 9:30 AM
Commission Chambers, City Hall
AGENDA
I. CALL TO ORDER - Lt. Gary Chapman, Chairman
II. AGENDA APPROVAL
III. APPROVAL OF MINUTES - N/ A
III. A) Clarification - Gary Chapman as Chairman of the Board
IV. FINANCIAL REPORTS:
A. Gabriel Roeder Smith & Company - Steve Palmquist, Sr. Consultant
And Actuary -
1) Actuarial Valuation for PYE 9-30-2007
2) GASB discussion ~ Funding progress
3) Fair market interest on DROP accounts-
4) "13th Check" - Under Section 18-177-referred as Cost of Living Adjustment-
discussion and clarification as to availability of this benefit for payment.
V. CORRESPONDENCE - N/A
VI. OLD BUSINESS -
1) Renewal Fiduciary Liability coverage - Benefits USA
2) 185 Excess distribution $118,167 June 2008
3) 1 % distribution set for December 2008
VII. NEW BUSINESS -
A. Invoices for review and approval:
1. Hanson, Perry & Jensen- Services thru 2-15-2008 - $1,380.85
2. Goldstein Schechter Koch - Audit for PYE 9-30-07 - $6,000.00 & $5,500
3. Gabriel Roeder Smith & Co - Services thru 2-29-08 - $4,361
B. Approval for NCPERS legislative/educational conferences for 2008
VIII. PENSION ADMINISTRATOR'S REPORT - N/A
IX. COMMENTS
X. ADJOURNMENT
Next Regular Meeting Date - Tuesday, May 13,2008 @ 9:30 a.m. - Commission
Chambers
If you cannot attend, please call Barbara @ 742-6081.
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NOTICE
IF A PERSON DECIDES TO APPEAL ANY DECISION MADE BY THE POLICE OFFICERS' PENSION BOARD WITH RESPECT TO ANY MATTER
CONSIDERED AT THIS MEETING, HE/SHE WILL NEED A RECORD OF THE PROCEEDINGS AND, FOR SUCH PURPOSE, HE/SHE MAY NEED TO
ENSURE THAT A VERBA TIM RECORD OF THE PROCEEDING IS MADE, WHICH RECORD INCLUDES THE TESTIMONY AND EVIDENCE UPON
WHICH THE APPEAL IS TO BE BASED. (F.S. 286.0105)
THE CITY SHALL FURNISH APPROPRIATE AUXILIARY AIDS AND SERVICES WHERE NECESSARY TO AFFORD AN INDIVIDUAL WITH A
DISABILITY AN EQUAL OPPORTUNITY TO PARTICIPATE IN AND ENJOY THE BENEFITS OF A SERVICE, PROGRAM, OR ACTIVITY CONDUCTED
BY THE CITY. PLEASE CONTACT JOYCE COSTELLO, (561) 742-6013 AT LEAST TWENTY-FOUR HOURS PRIOR TO THE PROGRAM OR
ACTIVITY IN ORDER FOR THE CITY TO REASONABLY ACCOMMODATE YOUR REQUEST.
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