1992-12-31 General Fund MeetingWR
CITY OF OKEECHOBEE
GENERAL EMPLOYEES PENSION PLAN
TRUSTEE MEETING MINUTES
DECEMBER 31, 1992
The meeting was called to order at 5:30 P.M.
Trustees Present: L.C. Fortner, Jr., Charles Elders, Danny Entry, Lola Parker.
Motion by Charles Elders and second by Danny Entry to radify the minutes for
the meeting of December 10, 1992, with the required four Trustee votes rather
than with the votes of the three Trustees which attended that meeting.
Motion by Charles Elders, and second by Danny Entry to pay early retirement
payment of $6,623.94 (Acturial figure) as requested by Oakland Chapman by
letter.
Discussion in reference to Nick Collins requesting early retirement and total
pay as to when his actual termination date was as an elected official not
reelected. City Clerk's secretary said that according to the City Clerk,
Mr. Collins' termination date was 12-31-92. On Monday, January 4, 1993,
the City Clerk corrected the termination date to be the same date the newly
elected officials are sworn in which was January 5, 1993. This is according
to Florida Statutes 100.041 (4).
'116r , Motion by Danny Entry seconded by Charles Elders to pay early retirement pay-
ment of $3,958.25 (acturial figure) as requested by Richard R. (Nick) Collins
by letter.
L.C. Fortner, Jr., is to e% k with Attorney Scott Christiansen to see if the
ordinance needs to be changed on page 14, section 6 number 3 to age sixty (60)
and the completion of five (5) years rather than ten (10) years credited
service.
There being no further business meeting was adjourned at 6:00 P.M.
THESE MINUTES APPROVED AND ADOPTED: �I
GENERAL FUND CHAIRMAN
L.C. FORTNER, JR.
1
GENERAL FUND SECRETARY Gcti�_
LOLA PARKER