HomeMy WebLinkAboutDocumentation_Pension Public Safety_Tab 11A_08/11/2005Gabriel, Roeder, Smith 8~ Company
CONSULTANTS ~ ACTUARIES
301 East Las Olas Blvd.
Suite 200
Ft. Lauderdale, Florida 33301
(954) 527-1616
BOARD OF TRUSTEES, VILLAGE OF
TEQUESTA PUBLIC SAFETY OFFICERS PENSION PLAN
Chief James Weinand, Chairman
Public Safety Officers Board of Trustees
Village of Tequesta
357 Tequesta Drive
Tequesta, FL 32960-6441
For services rendered through 4/30/05.
~Dllll!lVIS~~ATI~I~
1. Preparation of 3-15-05 Actuarial Impact Statement regarding
the multiplier, the supplemental benefit and the member
contribution rate. 103570-204 $1,096
2. Preparation of page 6a for inclusion in the 2004 Annual Report
to the Division of Retirement (mailed to Forsythe 2-25-05) 103570-104 550
Note: Payment is due within 30 days. If not received within 30 days, fees
for the above services shall be increased by 1-1/2% for each full month
thereafter.
~-~
4/30/05
Invoice
93915
Dept. #78009
Gabriel, Roeder, Smith & Company
P.O. Box 78000
Detroit, Michigan 4~~T~
~~p~,~_~'~S~~1E
MAY ~ ~ 2005
Invoice Total ~ $1,646
Paid to Date
Client No. 103570 Amount
Due $1,646
05i1i/05 13:36 FAX
Gabnei, Roeder. Smith S Company
301 East Las Otas 9lvd,
Suite 200
Ft. Lauder(~le. FL 33301
Phone: (954) 527-1616
Fax (954}525-0083
DELIVER IMMEDIATELY
Ta: ~1,-~ ~I~E.~~~- From: ~~~'U~ 7~~-LNt ~.cZg/
paw; ~' {inGuding cover page)
Fax:
Phan: date:
Re: ~~
THE ORIGINAL OF THIS FACSIMILIE D WELL ~ VYILL NOT BE SENT VtA THE U.S.
POSTAL SE~tVICE
!f you have any problems r~eiving any of these pages, please caH our office (954) 327-?676 as
~uui
soon as possible.
^ Urgeert ~ Par Rrv~i~e k Cl Please Conuttent D P1e~ase ReP~Y ^ Cp~feMiv;ldl
e Corrrrnents:
MA'Y-17-E005 01:33PM FAX: ID: PA~E:001 R=95%
05/17/05 1:56 F_9X
Gabriel, Roeder, S~.~th ~ Cornpeny
CONSULTANTS S•. ACTUARIES
301 East Las Clan 31vd.
Suite 2C0
Ft. Lauderdale, Florida 33301
(954) 527-'1616
,•-,
~,~~~
Invoice
pate Invoice
3/31/03
$6571
~ I~
BDARD OF TRUSTEES, VILLAGE O~ TE4UESTA PUBLIC SAFETY Gabrie~Roeder, Smith & Company
OFFICERS PENSION PLAN p,p. Box 78000
Ms. Christine D. Guison Detroit, Miohigan 46278.009
Village of Tequesta
250 Tequesta Drive, Suite 300
l'equesta, Florida 334690273
MAY-17-2005 01:33PM FAX: ID: PA[aE:002 R=95%
05%11:05 13:36 F_AX
! Gabriel, Raeder, So,arth & Company
CONSULTANTS r: ACTUARIES
301 East Las Olas Blvd.
Suite 200
Ft. Lauderdale, Flo~da 33301
(954} 527- ~ S 16
1003
Invoice
Date Invoice
7131104
91425
Bill jp~:~~ Please Remit To:
BOARD OF TRUSTBES, VILLAGE OF
T>;QU~STA PUBLIC SAFETY OFFICWRS PENSION PLAN
Mr. Dan Gallagher
Village of Tequesta
250 Tequesta Drive, Suite 300
Tequesta, Florida 33469-0273
Dept. #78009
Gabriel, Roeder, Smith ~ Company
P.O. Box 78000
Detroit, Michigan 45278-0009
For services rendered through 7/31104. ~
1 _ Final payment for preaaration of 10/1/03 Actuarial Valuation
Report and Bmployee Benefit Statements
Total fee of $5,729' Bess previous invoices totaling $3,236_ 103570-103 $2,403
2. Preparation of page 6 °. far inclusion in the 2003 Annual Report
to the Division of Retir:rnent. 103570-103 550
* Last year's fee of $5,600 plu3 2.3% due to change in CPi from
9102 to 9/03.
Note: Paymerrt is due within 30 days. if not received within 30 days, fees
far the above services shall be increased by 1-112% far each full mono;
thereafter. -~-
Invoice Total $3,043
Paid to Date
Client No. 103570 Amount
Due $3,043
MAY-17-2005 01:33PM FAX: ID: PAGE:003 R=95~
._=
r ;
05/1i!05 13:36 F+1% C~j00~1
GABtZtEL. ROEDER, SMITH & t:.C>~1lPANY
Consultants & Actuatics
$01 East Las Olds Blvd. • Suite 240 + Ft Lauderdale, FL 33301-2254.954-527-1816 ~ FAX 95a-525-0083
February 25: 20p5
Ms. JoAnne Forsythe
Finance Director
Village of Tequesta
25p Tequesta Drive, Su;fe S00
Tequesta, Florida 334E9-073
pear JoAnne:
Enclosed is page 6a far inclusion in the 2004 Annual Reporf to the Division of Retirement.
We welcome your quesiians and comments.
Sincerely yours,
.~~ ~ }
J
.!. Stephen Palmquist
J SP/or
Enclosure
MAY-17-2005 01:33PM FAX: ID: PAGE:004 R=95%
05~ 17; D5 1J:98 F.4% _. 111005
i-
VILLAGE OF TEOUESTA
004 ACT1J l;.~lt, CONF VIATIOIi OF Tt1E USE O STAT'16 MON 'YS
(COCA!. L,tWPL~NS ONLY)
TO $E I~OR~tiA1tL7ED TO THE Pl_A~'V AC7'{JARY FOR COhiPLETIOly ?,I~ZJ RETliRA'ED TO TFIE Ntt,'NICIPAI.ITY AS
SOON ,~,5 POSSIBLE, SU THA7' ~ I' hiAY BE S'UBMITT'ED TOGETHER }VTili T[~E ANNUAL REPORT DUls ON
1+I~RCH 15, 2005.
The Plan's actuary must provide tLe following information in order for the MPF office to detettnine that State
prenuum tax revenues are being us~x in accordance with the provisions of sections 175,351 and 185.35, Florida
Statutes, a.. amended b; Chapter 99-1, Laws of Flotida.
A- Name of actuarial firm Gabriel. Roeder. Smith and o and -
A. Date of most recent actuaria' +nluation 10/1/2003 -
C. C:se of State mane;• -- Please ntcvide the following information:
(1) .A,nnual cost of guali+;+t*.}+ benefit ~mgrovements -required minimum benefit improvements ar "ex~ra
benefit'' imprrn'ements - er~lctcd during the fiscal year.
Recurrint: costs Ont-timq~e Ordinance Num~j,l
1999 - 2003 g U (Pre-•iously reported) (Are4iously reportadj
2004 S 14,392 $ 110,719 585
(2) Tor the Fiscal Year 2003, please indicate the amount of State premium. tax moneys that. are available to be
used by the plan sponsor to~xard the ttrinimum required contributions. (NOTE: !f !here have been no qualifying
beueFit imptovements since :be enactment of Chapter 49-1, Laws of Florida, this amount can be no more titan
the 1997 base year amount.)
Police $ 25134
Fire S, 56.733
Fire Supplemental $
(3) .1.re there any remaitu~g tr~rtimtrm benefit improvements required to be trade subject to the provisions of
Chapter 99-1, Laws of Flo:'ida7 !f yes, please identify. Attach additional pace, if necessary. YES_'_VU~L
(4) As of Fiscal Year End 20th, please provide the cumulative balance of additirntal premium tax revenues that
are remaining to be used to pmvide future minimum or "extra bea~efit" improvements. Tf the sum total of all
qualifyi:te benefit improvemetts enacted since Chapter 99-1 exceeds the total additional premium tax r~veaues
received this year, this mey be a negative balance_ however, negative balances art not cutttulative. MOTE:
Jtyvestment Earnines. if inrlu~ed, tray not be negative in the agp'egate.
Total Accumulated Ba=arce 9!30/04
(Tnclades lnvestmcit Earnings of
D. Actuan' representing the Y: ar,:
lame: J. Ste hen PaL-xi u'st ___.
(Please prirtl
(Signature}
$ G9 093
$ 0 )
Telepb.otte: _,{,954) 52?-1616
F.S. Chapters 175, 175 SupFdemcn.tal and 185 separaiely tracked.
Revised 1U2004 (6a)
MAY-17-2005 01:34PM FAX: ID:
(Date)
PAGE:005 R=75~