HomeMy WebLinkAboutAgenda_Pension Public Safety_3/11/2025
VILLAGE OF TEQUESTA REGULAR QUARTERLY MEETING
Tuesday. March 11, 2025
PUBLIC SAFETY OFFICERS’
8:30 AM
PENSION TRUST FUND
Chairman, Kristopher Cowles
Board Member, Zachary Wichert Board Member, Peter Allen
Board Member, David Hudson Board Member, Kurt Blanc
LOCATION: Electronic Meeting
Tequesta Village Hall, Manager Conference Room
345 Tequesta Drive
Tequesta, FL 33469
Meeting Contact: (561) 624-3277 (Plan Administrator)
TIME: Tuesday, March 11, 2025, at 8:30 AM
INSTRUCTIONS TO JOIN MEETING ELECTRONICALLY
Meeting ID: 893 3097 8051
Passcode: 122994
Resource Centers is inviting you to a scheduled Zoom meeting:
For Video & Audio (Recommended):
If you are using a mobile device (Smart Phone or Tablet) use the “Zoom” App.
Link to Join from Laptop, PC, Mac, Linux, iOS or Android:
https://us06web.zoom.us/j/89330978051?pwd=9DU2LfXoI5Sty4MaWomosfCQcHs7ek.1
For Voice Only:
iPhone one-tap:
US: +13126266799,,89330978051#,,,,*122994# US (Chicago)
+16465588656,,89330978051#,,,,*122994# US (New York)
Telephone (for higher quality, dial a number based on your current location:
Dial: +1 301 715 8592 US (Washington DC)
+1 312 626 6799 US (Chicago)
+1 646 558 8656 US (New York)
+1 253 215 8782 US (Tacoma)
+1 346 248 7799 US (Houston)
+1 669 900 9128 US (San Jose)
Public Comments:
Public can submit comments by email during the Meeting to Tequesta@ResourceCenters.com. All
public comments will be read into the record in the Public Comment portion of the Meeting
PLEASE TAKE NOTICE AND BE ADVISED: If a person decides to appeal any decision made by this Board with respect to any matter considered at this meeting
or hearing he/she will need a record of the proceedings, and that, for such purpose, he/she may need to ensure that a verbatim record of the proceedings is
made, which record includes the testimony and evidence upon which the appeal is to be based.
DISABILITY INFORMATION: In accordance with the Americans with Disabilities Act and F.F.S 286.26, persons with disabilities needing special accommodation
to participate in this meeting should contact Lori McWilliams, Village Clerk, no later than seven days subsequent to the proceeding at 561.768.0700 for
assistance. If hearing impaired, please call the Florida Relay Service Numbers at 800-955-8771 (TDD) or 800-955-8770 (VOICE) for assistance.
VILLAGE OF TEQUESTA REGULAR QUARTERLY MEETING
Tuesday. March 11, 2025
PUBLIC SAFETY OFFICERS’
8:30 AM
PENSION TRUST FUND
Chairman, Kristopher Cowles
Board Member, Zachary Wichert Board Member, Peter Allen
Board Member, David Hudson Board Member, Kurt Blanc
CALL TO ORDER
ROLL CALL
EXTRAORDINARY CIRCUMSTANCES FOR TRUSTEES JOINTING ELECTRONICALLY
APPROVAL OF AGENDA
PUBLIC COMMENT
Email Public Comments during the Meeting to: Tequesta@ResourceCenters.com
APPROVAL OF MINUTES
1. Tequesta Public Safety Quarterly Meeting Minutes Dated November 4, 2024 – \[Tab 1\]
PRESENTATIONS
2. Actuarial Valuation Report – Jeffrey Amrose, GRS
A. 2024 Actuarial Valuation Report
3. Investment Monitor Report – Jennifer Gainfort, Mariner
A. Quarterly Performance Report Dated 12-31-2024
CONSENT AGENDA
All items listed under the Consent Agenda are considered routine and will be enacted by one motion.
There will be no separate discussion of these items unless a Board Member so requests, in which event
the item will be removed from the Consent Agenda and considered in its normal sequence on the agenda.
4. Ratification of invoices paid since the last quarterly meeting \[Tab 2\]
5. Reporting of new applicants for participation in Pension Plan
6. Terminated Non-Vested employees who have not yet taken their contributions.
7. Benefit Approvals for Retirements:
END OF CONSENT AGENDA
NEW BUSINESS
8. ATTORNEY REPORT – Attorney Bonni Jensen, Klausner, Kaufman, Jensen & Levinson \[Tab 3\]
A. Jensen Memo – IRS Milage Rate for 2025
B. Jensen Memo – New Federal Income Tax Withholding Requirements
C. Jensen Memo – Social Security Fairness Act 2025
VILLAGE OF TEQUESTA REGULAR QUARTERLY MEETING
Tuesday. March 11, 2025
PUBLIC SAFETY OFFICERS’
8:30 AM
PENSION TRUST FUND
Chairman, Kristopher Cowles
Board Member, Zachary Wichert Board Member, Peter Allen
Board Member, David Hudson Board Member, Kurt Blanc
9. ADMINISTRATIVE REPORT – A.C. Lovingood, Resource Centers \[Tab 4\]
A. Resource Centers Memo - Soc 1 Type 2 Audit
B. Retirees Living Abroad
C. Bi-Annual Comprehensive Report
D. 2024 Share Accounts
E. 2024 Annual Member Benefit Statements
F. Trustee Travel Procedure
OTHER BUSINESS
A. Annual Village Presentation
PUBLIC COMMENT
Email Public Comments during the Meeting to: Tequesta@ResourceCenters.com
ADJOURNMENT
NEXT QUARTERLY MEETING DATE: Monday, May 8, 2025, at 1:00 PM
REMINDER: FIDUCIARY TRUST FINANCIAL STATEMENTS ARE AVAILABLE ON THE VILLAGE’S IMAGING SYSTEM*