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HomeMy WebLinkAboutItem 02 Ratification of Appointment of Fifth Trustee to the Police Officers’ and Firefighters’ Retirement Trust Fund Board of Trustees ocoee florlda AGENDA ITEM COVER SHEET Meeting Date: August 18, 2020 Item # 02-. Reviewed By: Contact Name: Melanie Sibbitt Department Director: Mel-nie Si••i r Contact Number: Ext. 1026 City Manager: Subject: Ratification Of Appointment of Fifth Trustee toi the Police Officers' and'Firefighters' Retirement Trust Fund Board of Trustees Background Summary: Trustees for the Pension Board serve four-year terms. Two (2) of the trustees are appointed by the City Commission, two (2) are elected from the employee body, and the fifth trustee is chosen by those four(4)trustees and presented to the City Commission to ratify the appointment as a ministerial act. At their meeting dated August 5, 2020,the Pension Board appointed Joe Moy to complete a term, formerly held by Trey Littlefield, as fifth trustee to expire on September 30, 2021. Issue: Should the City Commission ratify the appointment of Joe Moy as Fifth Trustee on the Police Officers' and Firefighters' Retirement Trust Fund Board of Trustees? Recommendations: Trustees of the Police Officers' and Firefighters' Trust Fund respectfully request the City Commission ratify the appointment of Joe Moy to complete a term as fifth trustee ending September 30, 2021. Attachments: Current Board List Financial Impact: None • Type of Item: (please mark with an x Public Hearing ; For Clerk's Dept Use: Ordinance First Reading x Consent Agenda Ordinance Second Reading Public Hearing Resolution Regular Agenda _ ___ x Commission Approval Discussion&Direction Original Document/Contract Attached for Execution by City Clerk Original Document/Contract Held by Department for Execution Reviewed by City Attorney N/A Reviewed by Finance Dept. N/A Police Officers'/Firefighters' Retirement Trust Fund Board of Trustees Updated 2020 Commission Appointed Email Term Expires William Maxwell wemaxcom@aol.com 9/30/22 Charlie Brown(Chairperson) cbrown@ci.ocoee.fl.us 9/30/21 Board Appointed—Fifth Trustee Email Term Expires Joe Moy Jmoy66@hotmail.com 9/30/21 Elected by Employees Email Term Expires Trey Littlefield—Fire Dept.Elected tittlefield@ocoee.org 9/30/21 Bryan Pace - Police Dept.Elected bryan.pace@ci.ocoee.fl.us 9/30/20 CONSULTANTS Attorney: Pedro A. Herrera, Esq. herrera _,sugarmansusskind.com David Robinson, Esq. dobinson@sugarmansusskind.com Jessica De la Tone Vila jess@sugarmansusskind.com Sugarman Susskind (305)529-2801 100 Miracle Mile (305)447-8115 fax Suite 300 Coral Gables, FL 33134 Consultant The Bogdahn Group (863) 293-8289 4901 Vineland Road, Suite 600 (863) 292-8717 (Fax) Orlando, FL 32811 mikew@bogdahnconsulting.com Actuary: Foster and Foster,Inc. (239) 433-5500 13420 Parker Commons Boulevard, Suite 104 (239) 481-0634 (Fax) Fort Myers, FL 33912 data@foster-foster.com Custodian: Fiduciary Trust tel 305-349-2376 Amed Avila fax 305-372-8566 2 Alhambra Plaza, Penthouse 1-A, email aavila@ftci.com Coral Gables, FL 33134 Plan Administrator: Benefits USA (954) 730-2068 x 203 3810 Inverrary Blvd., Suite 303 (954) 730-0738 (Fax) Lauderhill, FL 33319 Pete@benefits-usa.org