2005-08-08 Police Fund Special Meeting� Okeechobee Police Department
Pension Board Special Meeting
August 8, 2005
Special Meeting called to Order by Denny Davis.
Present were Denny Davis, Bob Peterson, Louise Chandler, Steve Padgett and Bettye
Taylor
Motion made by Steve Padgett seconded by Bettye Taylor to approve the Actuarial
Study by Gabriel, Roder, Smith and Company. All in favor
Motion made by Bettye Taylor seconded by Bob Peterson to authorized
Christiansen to do form for people going into drop and the 20%/80% election.
Motion made by Louise Chandler seconded by Steve Padgett to make benchmark of
7% for Fund Earning Assumption over the next year. All in favor.
Motion made by Louise Chandler to send letter of ordinance change and acceptance
of Actuarial Study, seconded by Bob Peterson. All in favor.
Motion made by Bettye Taylor to pay insurance for Trustees for year. Seconded by
• Steve Padgett. All in favor.
Motion made by Steve Padgett to adjourn special meeting. Seconded by Louise
Chandler all in favor.
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Chairman Denny Davis
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Secretar}�Bettye Tay�or
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