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HomeMy WebLinkAboutFIRE PENSION - 08/03/1998 - ell \ MINUTES OF BOARD MEETING ELK GROVE FIREMEN'S PENSION FUND AUG 3, 1998 Page I of 2 A meeting of the Fireman's Pension Fund was held on Monday,Aug. 3, 1998 in the Fire Dept. Administrative Offices,901 Brantwood Ave. The meeting was called to order by President Patrick L. Beck at 9:24 PM. ROLL AL . On Roll Call the following members were present; Patrick L. Beck,Jerry Norris,Hilda Ingebrigtsen, James Mac Arthur, Rick Krieger&Richard T. Dugan. Absent were; George P. Knickerbocker, Patricia S. Smith, Craig B. Johnson. Bill Macey, Attorney at Law,Pension Fund Legal Counsel was also present. MINUTES Motion by Jerry Norris to accept the minutes of May 4, 1998. Seconded by Rick Krieger. Motion passed unanimously. TREASURER'S REPORT Treasurer H. Ingebrigtsen submitted a Balance Sheet, Schedule of Investments, and a Disbursement Register of the Firemen's Pension Fund as of June 30, 1998. She reviewed all three with the Board Members and explained their contents. Motion by Jerry Norris and seconded by Rick Krieger to accept the treasurer's report. Motion passed unanimously. OLD BUSINESS The Dept. of Ins. has returned our check for a compliance fee, stating that they want direct access to our fund. The Board did not feel that this was a good idea, and we are now engaged in a class action lawsuit with about 20 other fire dept. from around the state. This legal action should be at no expense to the Pension Fund. It could take several months or longer to get this resolved. Page 2 of 2 NEW BUSINESS Received applications from Tom Gauss&Bob Menas for pensions. A motion was made by Jerry Norris, and seconded by Rick Krieger to grant pensions to Tom Gauss &Bob Menas. Motion passed unanimously. We received an application from Dave Spung for a Duty related pension. A date of Monday,Aug. 17th at 7:00 PM was set for a hearing. Waiting the 10 days for notice of hearing and for two more Dr. reports. Received application for survivors pension from Mrs. Elliott. A date of Monday, Sept. 21 st at 7:00 PM was set for a hearing. ADJOURNMENT Motion by Jerry Norris, Seconded by Rick Krieger, to adjourn. Motion passed unanimously. Meeting was adjourned at 10:04 PM. Next meeting: Nov. 2, 1998 at 7:OOpm. Respectfully SJubmittfedd 1L��d ��/ Richard T. Dugan, Secretary Firefighter's Pension Fund