1993-12-01 Fire Fund MeetingCity of Okeechobee
Fire Department
Firefighters Pension Meeting
December 1, 1993
Trustees present; Bill Douglas/Jeff Varri,Rick Holt,John Koepke.
Motion made by Jeff Varri,second by John Koepke,to accept the
minutes from the meeting of September 15, 1993, motion. passed.
Motion made by Bill Douglas,second by Rick Holt, to accept new
employees, terminated. employees, and expenses, motion passed.
Tew Trustees for the Firefighters board are Jeff Varri and John
.**41oepke.
Ms. Woods or Shearson & Lehman explains to the boards the
performance from March 31, to September 30, 1993. Motion made by
Bill Douglas, second by Jeff Varri, to increase equities up to 60%,
motion passed.
Discussion was held on the new fee increase from Shearson & Lehman.
Attorney Scott Christinson advised that this increase was resonabie
for a pension(s) our size. Motion made by Jeff Varri, second by
Bill Douglas to accept Shearson & Lehman"s new fee of $3,000 per
board, motion passed. This new fee is effective from May 3, 1993.
Discussion was held on the Summary Discription Plan. Motion. made by
Bill Douglas, second by Jeff Varri, motion passed.
Discussion was held on family medical leave, no action was taken at
this time.
The Rules and Regulations document presented by Attorney
Christinson will be reviewed by Trustees and discussed at the next
meeting.Attorney Christinson advises of upcoming increases in their
fees starting Febuary of 1994.
Meeting adjorned at 9:00pm.
Sincerely,
William
Secre
55 LE. Third Avenue • Okeechobee, Florida 3074-2932 • O13/703-4423