HomeMy WebLinkAbout09-01-1992 Minutes Cro MINUTES OF GENERAL EMPLOYEE'S PENSION BOARD MEETING
September 1 , 1992
The meeting was called to order by Jean Grafton, acting
chairperson, at 10 : 25 a.m. Those present were Joyce Oliver,Jean
Grafton, Judy Henry, Lee Dehner, Ward Foster, Ellis Shapiro , and
Janet Resnik.
The question was raised regarding the status of parttime employees .
Ellis said that under the old plan, Jim Beech was paid 2/3 salary
as a parttime employee . The entire liability of the old fund was
funded under the new fund. All employees under the new plan are
wholly funded. Ward said there was no deficiency under the new
plan as far as funding goes .
Peggy asked when annual reports would be issued. Ward advised they
are sent out in November each year.
Ricky Waldrop was present to inquire as to whether the city was
funding at the level they should. Lee explained the State requires
the city to fund at a certain level so the benefits will be there .
The amount the city funds is not optional .
The board instructed the secretary to add the wording "at the
person' s expense" to the notice given at the bottom of the meeting
notices.
A recess was taken from 12 : 20 - 12 : 30 .
A motion was made by Joyce, seconded by Judy, to pay the following :
Christiansen & Dehner, $1 , 352 . 02 ; return of contributions for laid
off employees : Patti Srofe , $700 . 74 - Ken Minnick, $679 . 82 - Alice
Jones , $406 . 30 - Diane Muchetti , $247 . 85 - Anthony Stoneburger,
$494 . 98 - Rodney McDougal , $462 . 76 - Martha Gianitsis , $626 . 06 .
Lee Pape ' s widow, $481 . 02 .
There being no further business , the meeting was adjourned at 12 : 50
Respectfully submitted,
Judy A. Henry, Secretary
C