2008-05-12 Fire Fund Meeting.�_ :� �,� . City of ����echobe�
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Okeechobee City Fire Fighters Pension
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Board Meeting
May 12, 2008
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�are �ep�rtm�nt �
Trustees Present: Bill Douglas, Brook Conway, John Koepke, Gary Ritter.
A motion was made by Gary Ritter, second by Brook Conway, to accept the minutes of
February 11, 2008, motion passed.
Report given by Actuarial, Gabriel, Roeder Smith, and Co. Summary of Plan
Provisions, City Contributions, Gain/ Loss, Historical Gain/ Loss, Funded Ratio, Asset
Valuation.
A motion was made by Bill Douglas, second by Gary Ritter, to accept the Actuarial
Report, motion passed.
Bahdgon Group is requesting a meeting before the next regular meeting.
A motion was made by John Koepke, second by Bill Douglas, to have a study done by
Gabriel, Roeder Smith, And Company to asertain if our fund can absorb adding our
Holiday Pay that is received by 11 employees to our pension benefits, (this would be
added to the base salary) motion passed.
Attorney Christiansen asks if the Summary Plan has been given to all the employees. All
pending legislation in Tallahassee for Police and Fire did not pass.
Attorney Christiansen will make sure we meet T� Qualification. New forms will be sent
for Social Security number requests.
Meeting Adjorned
John Koepke, Chairman
William Douglas, Secretary
55 S.E. Third Avenue o Okeechobee, Florida o 34974-2932 0 863-467-1586 o Fax: �63-763-4489