HomeMy WebLinkAboutAgenda_Pension Public Safety_05/21/2002
VILLAGE OF TEQUESTA
Post Office Box 3273 250 Tequesta Drive, Suite 300
Tequesta, Florida 33469-0273 (56l) 575-6200
Fax: (561) 575-6203
AGENDA
BOARD OF TRUSTEES
TEQUESTA PUBLIC SAFETY OFFICERS'
PENSION TRUST FUND REGULAR BOARD MEETING
TO BE HELD IN THE VILLAGE MANAGER'S
CONFERENCE ROOM, SUITE 300
250 TEQUESTA DRIVE, TEQUESTA, FLORIDA
TUESDAY, MAY 21, 2002
11:30 A.M.
I. CALL TO ORDER AND ROLL CALL
II. APPROVAL OF AGENDA
• III. APPROVAL OF MINUTES
a) Tequesta Public Safety Officers' Pension Trust Fund Board of
Trustees Meeting Minutes - February 21, 2002.
IV. STANDING REPORTS
a) Approval of new applicants for participation in Pension Plan
(January/Apri12002)
1) Brian Youngblood Date of Hire -January 2002 (Police Dept)
2) Charles Patrick Malley Date of Hire -May 6, 2002 (Fire Dept)
b) Approval of Beneficiary Changes (March/Apri12002)
None
c) Request for withdrawal of contributions (employees terminating
employment with Village of Tequesta) (March/Apri12002)
None
• d) Ratification of withdrawals made since the last meeting on 2 signature
basis:
Recycled Paper
Agenda Public Safety Officers' Pension Trust Fund Board Meeting
May 21, 2002 2
•
None
e) Cash Flow Schedule for Current Period -Dan Gallagher, Project
Accountant
V. RESULTS OF ELECTION TO FILL POLICE REPRESENTATIVE' S
SEAT ON THE BOARD FORMERLY HELD BY MARK MINTUS.
a) Brian Youngblood elected by Police Officers
VI. UNFINISHED BUSINESS
a) Consideration of selection of custodial bank -Bank of America or
Salem Trust -Dan Gallagher, Project Accountant
b) Investment Policy Review -Chair James Weinand
c) Progress Report by Finance Department -- Cash Flow Report for
Prior Year -Dan Gallagher, Project Accountant
• d) Discussion of Actuarial Impact Study by Steven Palmquist authorized
by this Board at their last meeting -- Chair James Weinand
e) Consideration of establishing a consistent date and time for meetings
of this Board of the third Thursday of the month for each quarter,
beginning May 16, August 15, and November 21, 2002 and thereafter.
Dan Gallagher, Project Accountant
f) Discussion of hiring Joan Wall as Pension Plan Administrator-
Kim Bodinizzo, Human Resources Coordinator
g) Consideration of resumes for legal counsel -Chair James Weinand
VII. FINANCIAL REPORTS
a) Prudential Securities, Inc., Custodial Broker, Income and
Distributions FYE 9/30/01 and Account Statements (February -
March, 2002) -Dan Gallagher, Project Accountant
b) Northstar Capital Management Investment Manager's Report (As of
March 31, 2002) -Peter V. Van Beuren
•
Agenda Public Safety Officers' Pension Trust Fund Board Meeting
May 21, 2002
VIII. PAYMENTS TO BE REVIEWED AND APPROVED
a) Jones, Foster, Johnston & Stubbs $1,180.00
b) Northstar Capital Manager $3,671.00
c) Business Services Connection $ 86.00
IX. NEW BUSINESS
3
a) Consideration of sending Memo to Village Council regarding
differences in our Pension System vs. Florida Retirement System -
Chair James Weinand
b) Consideration of letter of interest from John Flint to fill seat vacated
by Edward D. Resnik -Chair James Weinand
c) Discussion of Education for Trustees - FPPTA -Chair James Weinand
•
1. Trustees' School -Certified Public Pension Trustee (CPPT)
Certificate Program -PGA National, Palm Beach Gardens -
September 30 -October 2, 2002
2. Annual Conference -June 30-July 3, 2002 -Boca Raton
Resort
X. ANY OTHER MATTERS
XL COMMUNICATIONS FROM CITIZENS
XII. ADJOURNMENT
PLEASE TAKE NOTICE AND BE ADVISED: If any 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, helshe
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.
•
Agenda Public Safety Officers' Pension Trust Fund Board Meeting
May 21, 2002 4
SCHEDULE OE MEETINGS'
(To be held in the Tequesta Recreation Center, 399 Seabrook Road,
Tequesta, unless otherwise noted)
Special Master Hearing -May 23, 2002 - 10 a.m. - in Village Manager's Conference
Room
Village Council Meeting-June 13, 2002 - 7:00 p.m.
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