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Agenda 07-21-15
BOYNTON BEACH POLICE OFFICERS' PENSION FUND SPECIAL BOARD MEETING Tuesday, July 21, 2015 @ 10:30 AM Renaissance Commons Executive Suites 1500 Gateway Blvd., Suite #220 Boynton Beach, FL 33426 AGENDA I. CALL TO ORDER — Toby Athol, Chair II. AGENDA APPROVAL III. APPROVAL OF MINUTES — N/A IV. FINANCIAL REPORTS: V. CORRESPONDENCE: 1) Engagement of GRS by City - Letter of July 8, 2015 by Jerry Taylor, Mayor VI. OLD BUSINESS: A) Pension Disability Application — Gregory Kenny - 1) Current Estimated Disability Benefit 2) Social Security Disability Online Application 3) "The Disability Decision" by Bonni Jensen 4) Disability Ordinance 5) Kenny Disability Note Book — includes medical records, IME & FCE reports, etc. — Access Secure Server — Email 7-13-2015 B) Nomination of 5 Trustee - VII. NEW BUSINESS: A. Gabriel, Roeder Smith & CO -Pete Strong — 1) "Extra payments toward Unfunded Liability" and other ideas for cutting costs. VIII. PENSION ADMINISTRATOR'S REPORT — N/A IX PUBLIC COMMENTS: X. ADJOURNMENT: Next Regular Meeting Date — Tuesday, August 11, 2015 @ 10:30 a.m. — Renaissance Commons If you cannot attend, please call Barbara @ 561- 739 -7972 1 • • 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 VERBATIM 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 114 AND ENJOY THE BENEFITS OF A SERVICE, PROGRAM, OR ACTIVITY CONDUCTED BY THE CITY. PLEASE CONTACT CITY CLERK'S OFFICE, (561) 742 -6060 AT LEAST TWENTY -FOUR HOURS PRIOR TO THE PROGRAM OR ACTIVITY IN ORDER FOR THE CITY TO REASONABLY ACCOMMODATE YOUR REQUEST. S: \CC\WPUANET\POLICE PENSION FUND.doc 2 The City of Boynton Beach OFFICE OF THE CITY MANAGER 100 East Boynton Beach Boulevard Nk. PO. Box 310 � € Boynton Beach, Florida 33425 -0310 561- 742 -6010 July 8, 2015 Board of Trustees of the Boynton Beach Police Officers' Pension Trust Fund Toby Athol, Chairman PO Box 310 Boynton Beach, FL (33425 - 0310) Chairman: At a recent strategic planning workshop the City Commission identified the need to review our current pension system. With continued rising costs and increased fund liabilities, the City is concerned with the future sustainability of the pension program. The City Commission has directed City staff to research alternative funding scenarios. In order to do so as efficiently as possible the City would like to engage Gabriel, Roeder, Smith & Company (GRS). Since Gabriel, Roeder, Smith & Company (GRS) is currently retained by your Board, they have requested that your Board authorize their firm to be engaged by the City to run projections under alternative scenarios as requested by the City. I am requesting that your Board consider this matter as soon as practicable and authorize GRS to engage the City to perform services as described above. Thank you in advance for your cooperation in working with the City to maintain a strong and viable pension program. If you have any questions please contact the City Manager, Lori LaVerriere at 561.742.6010. Sincerely, ►' `o r y ayor Cc: Lori LaVerriere Tim Howard America's Gateway to the Gulfsfrvam BCA MARKET OVERVIEW JUNE 30, 2015 Developed Markets Emerging Markets 16% (10 -Yr. Yield) 16% (10 -Yr. Yield) 1111Jun15 • 1-M1o. ago 12 -Mo. ago 4 1 Jun '15 .0 1 -Mo. ago 12 -Mo. ago 14% 14% 12% 12% 10% 10% • B% 8% a 6% 6b • 4% • 4 % • • • 2% 2% • 0% o � C eps � 2c �,� �_ �� col � �� csce b` Q5, � �° �� e �,� `,t , - X4 9 04 3 - � ha ck 4' 6 cf Source: Bloomberg a+ of 6/30/15 1 BCA PERFORMANCE BAR PERIODS ENDING JUNE 30, 2015 3 2 z cL I- 1 w CC o t .-4. 0 M -1 -2 I 1 1 I I I I I 3/2015 - 6/2015 12/2014- 3/2015 9/2014- 12/2014 6/2014- 9/2014 3/2014-6/2014 12/2013- 3/2014 9/2013- 12/2013 6/2013- 9/2013 • Russell ARFI Russell ARFI -0.87 1.98 0.30 0.65 -0.81 0.18 2.12 -1.20 • Barclays Aggregate -1.68 1.61 1.79 0.17 2.04 1.84 -0.14 0.57 3 , BOYNTON BEACH POLICE OFFICERS' PENSION FUND SCHEDULES OF INVESTMENT AND ADMINISTRATIVE EXPENSES Years ended September 30, 2014 and 2013 2014 2013 Investment Administrative Investment Administrative Expenses Expenses Expenses Expenses Expenses: Actuary fees $ - $ 12,139 $ - $ 19,971 Administrator's fees - 27,393 - 21,055 Audit fees - 11,000 - 10,500 Bank charges - 143 - 90 Computer service - 5,906 - 5,748 Directors' liability insurance - 21,048 - 11,402 Dues and subscriptions - 600 - 600 Investment managers' fees: Russell Trust Company 545,922 - 499,021 - Legal fees - 16,523 - 11,932 Medical advisor 1,045 Office expenses - 1,557 - 804 Office rent - 6,707 - 7,279 Pension program maintenance - 3,114 - 3,605 Performance monitor 20,000 - 20,000 - Seminars and training - 15,073 - 8,504 Printing expense - 2,878 - 4,445 $ 565.922 $ 125,126 $ 519,021 $ 105,935 Percentage of plan net position 0.74% 0.16% 0.75% 0.15% 28 1 BOYNTON BEACH POLICE OFFICERS' PENSION FUND SCHEDULES OF INVESTMENT AND ADMINISTRATIVE EXPENSES Years ended September 30, 2012 and 2011 2012 2011 Investment Administrative Investment Administrative 1 Expenses Expenses Expenses Expenses Expenses: Actuary fees $ - $ 32,963 $ - $ 31,648 Administrator's fees - 21,055 - 20,872 1 Audit fees - 9,700 - 15,750 Bank charges 90 27 1 Computer service - 5,712 - 6,444 Directors' liability insurance 10,581 5,432 Dues and subscriptions - • 600 - 600 1 Investment managers' fees: Russell Trust Company 344,647 - 394,217 - -. Legal fees - 10,038 - 16,650 Office expenses - 1,397 - 26 Office rent - 5,716 - 5,712 — Pension program maintenance - 2,120 - 2,019 1 Performance monitor 20,000 20,000 - Seminars and training 20,616 26,817 Printing expense - 2,168 - 2,698 1 $ 364,647 $ 122,756 $ 414,217 $ 134,695 1 i Percentage of plan net assets 0.59% 0.20% 0.81% 0.26% i . 3 1 26 CITY OF BOYNTON BEACH POLICE OFFICERS' PENSION SYSTEM POLICE OFFICERS' PENSION DATA PAGE 1 REPORTING PERIOD 10/01/2014 TO 08/01/2015 Social Names Date of Date of Benef. Total Security Birth Retire/ Disability Birth Pens. Monthly Received Number Last, First, I. Disab. Code Name of Beneficiary Date Opt. Pension This Yr tETIREMENT 5179 ANDERSON,BRIAN 02/1967 11/01/14 KELLY ANDERSON 12/1973 2 5,495.26 27,476.3 2399 ANTHONY,CRAIG 06/1969 02/01/11 DONNA MARIE ANTHONY 03/1970 3 -A 6,906.51 78,985.8. 4464 ASPENLEITER,NANCY 09/1964 10/01/14 ELSIE ASPENLEITER -MOTHE 00 /0000 1 693.56 7,629.1 4212 BEAN,GREGORY 07/1960 08/01/02 SHELLY BEAN 03/1963 3 -A 3,585.80 43,481.0 6494 BLUM JR.,WARREN 07/1951 08/01/01 LAUREEN BLUM EFF 6 -1 -20 05/1956 3 -A 714.47 10,809.6 0654 BRIGANTI,FRANK 01/1959 05/01/10 MICHELE BRIGANTI 06/1963 3 -D 8,392.12 95,423.0: 2191 BROOKS,JAMES 03/1956 12/01/97 SUSAN BROOKS 02/1964 3 -A 2,503.30 32,228.3. 8218 BURNS,DAVID 12/1942 09/01/97 LYDIA BURNS 09/1951 3 -A 983.12 14,447.6: 8787 CALE,STANLEY 06/1946 04/01/01 SHIRLEY CALE 09/1947 3 -A 3,994.00 48,201.8 9571 CAMEL,LIONEL 05/1967 05/01/13 PAMELA CAMEL 08/1966 1 1,602.61 19,223.7: 5110 CARRION,SANTOS 04/1954 10/01/97 MARIA IRIS CARRION 11/1954 3 -A 3,055.37 38,322.7 2845 CASH,ROGER 05/1950 02/01/01 00 /0000 1 2,720.84 34,217.4: 9205 CHAPMAN,GARY 04/1952 01/01/08 JANET CHAPMAN 03/1953 3 -A 6,145.82 71,011.8 6270 COFFEY,DAVID 11/1980 11/01/25 EE CONT27900.87 7/1% 10 00 /0000 1 1,012.78 .0. 5507 CONNELLY JR,RICHARD 07/1958 04/01/01 00 /0000 2 3,008.48 37,361.0: 6444 COONEY,JAMES 04/1980 05/01/26 00 /0000 1 1,113.97 .0 2274 CUMMINGS,JAMES 05/1959 02/01/01 JEAN CUMMINGS EFF 12 -20 08/1960 3 -D 3,948.66 47,723.4 5540 DEAN,SCOTT 01/1962 06/01/04 TINA DEAN 01/1965 3 -A 3,935.32 47,152.4' 2200 DEIGHAN,JEFFREY 05/1941 08/01/97 BARBARA DEIGHAN 08/1943 3 -A 1,109.89 16,114.7: 0415 DELOACH,JOHN 09/1943 10/01/93 KATHLEEN DELOACH,WIFE 04/1957 2 3,417.58 42,689.2. 6865 DETTMAN,THOMAS 08/1949 03/01/96 00 /0000 2 4,052.57 49,493.2 0099 DUPLANTIS,RUSSELL 08/1944 01 /01 /00 VIOLET DUPLANTIS 11/1951 1 1,139.72 15,689.9 6630 EGNOR,DAVID 12/1946 10/01/02 CONNIE CHRISTENSEN 04/1958 1 3,762.51 45,464.3 5260 EPSTEIN,ROBERT 10/1974 11/01/24 02/1982 1 1,261.41 .0 4013 ESPOSITO,RONALD 06/1947 04/01/01 JONNA E. ESPOSITO 12/1949 2 6,088.07 71,236.5' 1769 FELTER,MARSHALL 02/1961 06/01/09 00 /0000 2 5,221.09 60,658.9 9084 FREY,CHRIS 10/1965 05/01/04 THERESE FREY 07/1967 3 -A 4,209.40 50,177.5 5260 GAGE,MARSHALL 03/1950 08/01/05 DONNA GAGE 10/1950 3 -A 3,155.53 37,587.4. 9798 GAINSBORG,DAVID 05/1960 02/01/01 MONICA GAINSBORG 05/1962 2 3,999.02 48,277.4 3132 GALBRAITH II,WILLIA 12/1945 02/01/96 PATRICIA C. GALBRAITH 07/1946 3 -B 2,727.52 34,927.8 4938 GARDNER ESTATE OF,J 12/1936 03/01/83 00 /0000 2 2,090.50 9,276.8' 0354 GRAHAM,STEPHEN 07/1957 01 /01 /01 00 /0000 1 4,867.36 57,840.6 3127 GRENIER,STEVEN 01/1956 01/01/98 MARJO GRENIER 09/1969 1 2,908.01 36,669.9 4763 GRISWOLD,DANIEL 06/1967 01/01/10 BARBARA GRISWOLD 07/1965 3 -A 6,546.06 62,067.6 CITY OF BOYNTON BEACH POLICE OFFICERS' PENSION SYSTEM POLICE OFFICERS' PENSION DATA PAGE 2 REPORTING PERIOD 10/01/2014 TO 08/01/2015 Social Names Date of Date of Benef. Total Security Birth Retire/ Disability Birth Pens. Monthly Received Number Last, First, I. Disab. Code Name of Beneficiary Date Opt. Pension This Yr 1172 HAMILTON,WILLIAM 05/1934 11/01/84 MADALINE HAMILTON, WIFE 08/1943 3 -B 2,303.05 30,429.4. 9117 HARRIS,JUSTIN 01/1982 07/01/20 00 /0000 1 2,959.38 .0' 3807 HARRIS,MARLON 04/1956 01/01/98 TAMMIE HARRIS 02/1958 3 -A 2,854.50 36,081.3. 6677 HARRIS,SCOTT 02/1964 01/01/09 SANDI BREGLER- HARRIS 11/1964 3 -D 4,828.21 56,390.7: 5904 HARRISON,LISA 11/1971 08/01/19 00 /0000 1 4,063.20 .0' 6084 HARVEY,DANIEL 02/1979 06/01/25 00 /0000 2 1,409.86 .0' 0799 HILLERY,EDWARD 04/1940 04/01/93 ROSEMARY C. HILLERY,WIF 05/1943 3 -D 1,975.03 26,821.2 7645 HILLERY,ROSEMARY 05/1943 03/01/96 00 /0000 3 -D 1,975.02 21,725.2. 5164 HOLLIHAN,JOHN 08/1937 01/01/98 MARY L. HOLLIHAN 02/1947 3 -A 4,307.65 52,065.9. 5329 HOPKINS,STEPHEN 04/1963 05/01/04 ELISSA A HOPKINS 10/1972 2 3,580.55 43,260.1 6076 HUNTINGTON,JOHN 12/1950 02/01/09 MARILYN HUNTINGTON 09/1955 2 4,841.37 56,144.4. 2429 IMMLER,GEORGE 12/1951 08/01/13 CARYN IMMLER 10/1956 3 -D 6,110.45 69,170.4 9042 JENSEN,ERIC 07/1959 10/01/02 SHERYL JENSEN 04/1963 2 3,982.84 47,887.9 8026 KALIN,ANDREW 06/1957 02/01/01 ILONA KALIN 08/1957 1 3,519.74 43,005.3. 5032 KING,CHARLES 02/1963 08/01/06 MINERVA KING 06/1969 1 5,647.22 65,706.9. 9433 KIRRMAN,MICHAEL 03/1951 09/01/94 LISA MARIE KIRRMAN, WIF 04/1958 1 2,259.89 29,954.6 4466 KUSS,CHARLES 11/1957 04/01/01 ANN MARIE KUSS 01/1958 3 -A 4,383.77 52,489.2' 7346 LAAKSO,J. 11/1963 10/01/05 00 /0000 1 1,220.58 16,101.7. 9988 LANE,MICHAEL 02/1960 06/01/07 JODY BARNETT 12/1959 3 - 5,475.37 63,710.8 6385 LANIER,MARSHALL 02/1957 10/01/07 JAMIE LANIER 11/1958 3 - 6,008.60 69,534.3. 5110 LEAL,DAVID 12/1962 05/01/10 00 /0000 1 2,536.15 30,315.6 2073 LEE,GARY 03/1953 03/01/01 MRS. LEE 07/1950 2 3,146.86 38,893.4 2043 LEONARD,PATRICK 05/1956 02/01/03 MARIA BEATRIZ CURRIER 11/1959 2 4,015.97 48,209.0 8078 LEWIS,CLIFFORD 08/1944 05/01/91 DELORES A. LEWIS, WIFE 12/1960 3 -D 2,479.04 32,365.3 5288 MAHONEY,JAMES 02/1948 03/01/01 SUSAN MAHONEY 11/1958 2 3,076.27 38,116.9 2571 MATSON,JEFFREY 11/1966 11 /01 /10 CARYANN MATSON - SPOUSE 06/1971 3 -A 1,235.87 15,434.1 6038 MCCABE,DEBRA 12/1962 04/01/06 TOM MCCABE 01/1959 3 -A 1,065.08 14,456.1 7976 MCCABE,THOMAS 01/1959 01 /01 /10 DEBRA MCCABE 12/1962 3 -A 7,046.66 56,875.8 8766 MILLER,CARLTON 11/1960 05/01/04 IRMA MILLER 07/1960 1 5,154.49 60,573.5 5542 MULCAHY,MICHAEL 07/1982 02/01/26 SAMANTHA MULCAHY 3-A 124257 36742.0 1 1 /1985 2 , . , 8989 NISSENSOHN,DAVID 09/1954 12/01/97 1 6756 O'CONNOR,RICHARD 03/1959 08/01/04 ROBIN O'CONNOR 08/1961 3 -A 4,279.42 50,915.9 9270 ORTMAN,CRAIG 11/1964 04/01/08 TALAINA ORTMAN 05/1982 1 1,271.97 16,330.6. 3698 OSTASZEWSKI,HENRY 07/1946 12/01/92 JUDITH OSTASZEWSKI, WIF 11/1948 3 -A 2,202.85 29,327.2. 3513 PADICH,THEODORE 11/1957 11/01/97 BONNIE PADICH 06/1955 3 -A 2,932.74 36,962.3 CITY OF BOYNTON BEACH POLICE OFFICERS' PENSION SYSTEM POLICE OFFICERS' PENSION DATA PAGE 3 REPORTING PERIOD 10/01/2014 TO 08/01/2015 Social Names Date of Date of Benef. Total Security Birth Retire/ Disability Birth Pens. Monthly Received Number Last, First, I. Disab. Code Name of Beneficiary Date Opt. Pension This Yr 8413 PANUCCI,RONALD 02/1956 09/01/02 RONDA L. PANUCCI 05/1957 3 -A 1,682.21 22,130.0: 6384 PASSALAQUA,PETER 04/1948 09/01/04 JOANNE SCHWARTZ- WIFE 04/1959 2 3,826.82 46,98 4173 PETERS,JOHN 05/1965 10/01/04 7453 PRESTINARI,JAMES 02/1959 06/01/04 LOIS R. PRESTINARI 04/1963 1 5,352.71 62,743.7 2956 PRINCIPE JR,ANTHONY 09/1957 02/01/04 00 /0000 1 983.16 13,541.0 4983 CUMMINGS,GERALD 12/1944 08/01/00 00 /0000 2 1,691.75 22,175.0 3584 RANZIE,FRANK 03/1964 09/01/12 CORINNE RANZIE 08/1967 3 - 9,421.08 106,444.8 9280 RIGGLE,ROBERT 08/1966 07/01/04 00 /0000 1 3,504.77 42,406.2. 1787 RITACCO,ERIK 03/1966 06/01/07 BOBBIE RITACCO 03/1969 3 - 5,426.73 63,175.7 0244 ROOT,RICHARD 11/1963 08/01/06 DIANN ROOT 12/1962 3 -A 5,138.28 60,108.5: 2275 ROSENBERG,ANDREW 10/1958 03/01/05 DENICE ROSENBERG 05/1962 2 4,716.85 55,658.8. 9178 ROSS,RICHARD 08/1953 02/01/01 00 /0000 1 2,847.00 35,605.1: 2829 SCHILKE,RAYMOND 04/1961 10/01/02 LYNDA SCHILKE 11/1962 1 3,137.51 38,589.3 2961 SCHOENFELD,STEVEN 01/1961 06/01/10 00 /0000 1 6,645.54 76,200.5 2650 SHANE,CHAD 07/1981 02/01/27 NEVADA JOY SHANE 09/1981 3 -A 1,423.21 .0 5857 SHORTLEY III,WILLIA 08/1957 11 /01 /01 ELIZABETH A. SHORTLEY 10/1965 2 3,429.84 41,920.8' 9558 SMITH,DANIEL 02/1953 03/01/01 MRS. SMITH 01/1961 1 2,874.59 35,898.4: 0829 SMITH,JOHN 09/1956 07/01/03 NANCY SMITH 12/1962 1 4,032.92 48,343.2' 1 0094 SMITH,PATRICK 06/1943 01/01/98 GAIL SMITH 12/1943 1 4,408.93 53,180.0 2073 SPRUILL,SCOTT 11/1979 02/01/23 CHLOE SPRUILL 09/1977 3 - 3,309.38 .0' 5932 STEELE,STEWART 07/1964 03/01/11 LACITIKA (LACI) STEELE 04/1976 3 - 5,736.01 .0 3053 THOMAS,ROBERT 04/1959 05/01/07 00 /0000 1 5,796.70 67,255.6. 3981 THOMPSON,LEE 03/1952 07/01/04 ANGELA C. THOMPSON 12/1948 3 - 2,820.13 34,624.2. 2145 THRASHER JR.,DONALD 03/1949 10/01/97 MARGARET THRASHER 05/1954 2 3,594.27 44,250.6 7904 TOME,WILLIAM 12/1958 11/01/05 LINDA P TOME 11/1960 3 - 3,292.19 39,897.1. 2185 TRAYLOR,EVERETT 12/1946 03/01/01 MARIE TRAYLOR 07/1954 2 2,897.87 36,154.5 9252 TRAYLOR,MARIE 07/1954 04/01/01 LEON TRAYLOR 12/1946 2 3,104.84 38,421.0 2425 TURNER,TERRENCE 08/1958 08/01/04 LISA TURNER 02/1963 3 - 3,047.61 37,366.0 0631 UNGER,WENDY 07/1961 12/01/10 00 /0000 2 8,914.19 101,091.9 1569 VALERIO JR.,PAUL 06/1953 08/01/00 00 /0000 2 4,209.44 50,655.7. 3861 VARGAS,DANIEL 11/1961 10/01/02 MICHELL VARGAS 11/1961 1 3,367.64 41,120.7 7052 WALKER,GARY 08/1959 05/01/04 DIANE WALKER 08/1963 2 3,624.05 43,738.6 0524 WIER,DAVID 07/1968 07/01/12 00 /0000 1 6,700.01 76,534.6 0028 WISNIEWSKI,KATHRYN 06/1962 05/01/04 00 /0000 2 3,299.75 40,171.3 5037 YANNUZZI,CHRIS 03/1955 08/01/00 SONS EQUALLY 2 - - 09 00 /0000 2 4,126.68 49,745.3 CITY OF BOYNTON BEACH POLICE OFFICERS' PENSION SYSTEM POLICE OFFICERS' PENSION DATA PAGE 4 REPORTING PERIOD 10/01/2014 TO 08/01/2015 Social Names Date of Date of Benef. Total Security Birth Retire/ Disability Birth Pens. Monthly Received Number Last, First, I. Disab. Code Name of Beneficiary Date Opt. Pension This Yr 4732 ZEITINGER,LOUIS 10/1953 02/01/01 JANE A. ZEITINGER 07/1955 1 3,009.56 37,393.3 Total Retirement 4,187,314.10 ISABILITY 0403 BAXLEY,BRADFORD 08/1945 04/01/81 LOD 00 /0000 2 1,253.78 18,887.4. 7621 CELESTINO,WILLIAM 08/1960 05/01/92 LOD 00 /0000 2 1,936.81 25,064.3 0970 DAVIS,JEFFERY 03/1958 08/01/01 NLOD ALICE COKEFAIR DAVIS EF 07/1956 3 -A 1,415.14 18,891.6 5969 DWYER,KAREN 09/1960 04/01/92 LOD 00 /0000 2 1,705.69 22,194.6 2317 GONZALEZ,JOHN 12/1953 03/01/01 LOD JACOB ANTHONY GONZALEZ 02/1985 1 1,992.64 25,453.0. 7940 HAMMACK,DALE 07/1949 10/01/94 LOD 00 /0000 2 3,879.16 47,766.6. 8498 JUNNIER,GEORGE 07/1941 04/01/80 LOD 00 /0000 2 1,045.78 16,599.4. 1238 KENNY,GREGORY 09/1971 08/01/15 LOD JUDITH L KENNY 04/1975 3 -A 3,474.84 3,474.8. 1755 KUCER,ALEX 01/1947 04/01/86 LOD 00 /0000 2 1,172.89 16,840.9' 7316 LINKOUS,RONALD 06/1955 03/01/87 LOD 00 /0000 2 1,291.98 17,975.0: 6352 MOTTL,DAN 03/1952 04/01/88 LOD CATHY MOTTL - WIFE 00 /0000 2 1,801.60 24,363.1. 9667 RYAN,MICHAEL 04/1957 02/01/89 LOD 00 /0000 2 1,861.69 24,687.7 9200 SORG,THEODORE 10/1942 02/01/81 LOD 00 /0000 2 1,112.80 17,336.6' 9702 TORTORICI,JOHN 03/1950 01/01/00 LOD 00 /0000 2 1,467.23 19,928.3 Disability 299,463.92 ENEFICIARY 1815 PARKER - POOLE,LINDA 04/1948 3 -B 783.10 11,331.4: 2665 JACOBSON,CINDY 04/1964 3 -A 1,986.93 25,907.4. Death 37,238.93 NUMBER OF RETIRED EMPLOYEES ON THIS REPORT: 119 TOTAL PENSION PAYMENTS 4,524,016.95 BOYNTON BEACH POLICE OFFICERS' PENSION FUND Scheduled 2016 Quarterly Board Meetings February 9, 2016, Tuesday, @ 10:30 AM May 10, 2016, Tuesday, @ 10:30 AM August 9, 2016, Tuesday, @ 10:30 AM November 8, 2016, Tuesday, @ 10:30 AM (Meeting dates on r Tuesday of the Month- Subject to Change) Meeting Location: Renaissance Commons Executive Suites 1500 Gateway Blvd., Suite 220 Boynton Beach, FL 33426 May 26, 2015