HomeMy WebLinkAbout2003 mins Police and Fire Retirement System FINAL OFFICIAL PROCEEDINGS OF THE BOARD OF
TRUSTEES
CITY OF LANSING
POLICE AND FIRE RETIREMENT SYSTEM
Regular Meeting December 16, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
The Board met in regular session and was called to order at 8:35 a.m.
Present: Benavides, Cochran, Holliday, Meyer, Lankheet, Lewis, Rhode - 7.
Absent: Johnson
Others: Gary Gustafson, Amy Kraus, Finance Department; Jack Roberts, Law
Department
It was moved by Trustee Holliday and supported by Trustee Cochran to approve the
minutes of the regular meeting of November 18, 2003.
Adopted by the following vote: Unanimously.
Secretary's Report:
0 new fire member(s), 0 new police members, 0 reinstatement(s), 1 refund(s), 0 transfers,
1 retired. Total: Active membership: 483. 0 deaths. Refunds made since the last regular
meeting amounted to $578.81.Retirement allowances paid for the month of November,
2003 amounted $1,467,991.26. Total retirement checks printed for the P&F System: 597.
Total retirement checks printed for both systems: 1,300. Domestic relations order
received: 0 . Domestic relations orders pending: 0. Eligible domestic relations orders
certified: 0.
It was moved by Trustee Cochran and supported by Trustee Holliday to approve the
following applications for Regular Age and Service Retirements:
Linda A. Merchant (Wittman), from Deferred, Police Department, 11 years 7 months
service credit, age 55 years, effective December 10, 2003.
Jeffrey L. Lewis, Police Department, 25 years service credits, age 49 years, effective
January 3, 2004.
It was Approved Unanimously
Regular Meeting December 16, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
It was moved by Trustee Meyer and supported by Trustee Cochran to excuse Trustee
Johnson.
It was Approved Unanimously.
It was moved by Trustee Rhode and supported by Trustee Holliday to approve the
payment for the renewal of the membership fee for NCPERS.
It was Approved Unanimously.
It was moved by Trustee Cochran and supported by Trustee Holliday to approve the
payment for the renewal of the membership fee for MAPERS.
It was Approved Unanimously.
It was moved by Trustee Rhode and supported by Trustee Cochran to adopt the new Duty
Disabilty Policy and that it supersedes all other Duty Disability policies.
It was Approved Unanimously.
Trustee Rhode will report to the board next month on medical re-evaluations
It was moved by Trustee Benevides and supported by Trustee Holliday to participate with
the Employees Retirement System in searching for a International Investment Firm to
possibly replace Harding Loevner.
It was Approved Unanimously.
It was moved by Trustee Cochran and supported by Truste Holliday to approve the
meeting dates for 2004.
It was Approved Unanimously.
The Investment report was not available.
The meeting adjourned at 9:09 a.m.
Minutes approved on
�.--
1 Jill Rhode, Secretary
Police & Fire Retirement System
Bruce Lankheet Chairperson
POLICE AND FIRE
DUTY DISABILITY POLICY
POLICY 1: A member, who the Board determines is eligible for duty disability under the
Ordinance, is considered retired. Therefore, the member's spouse at the time of
disability retirement is the spouse of record for all future benefits, including when
the retirement is converted to regular age and service retirement. This includes
selection of retirement spousal benefit options.
POLICY 2: If a member is married at the time of commencement of his or her duty disability
pension and is, therefore, considered retired but has failed to select a retirement
option under Ordinance 294.02(1), it is conclusively considered established that
the retiree has selected Ordinance 294.02(k)(3)(A) Option I, 50%to his or her
surviving spouse. The retiree's spouse when the duty disability starts is forever
his or her beneficiary for retirement benefits.
POLICY 3: If a retiree remarries after his or her initial duty disability retirement, the spouse
for retirement benefits, and for the joint life retirement calculation, always
remains the person who was the retiree's spouse at the time of the retiree's first
duty disability retirement. This remains true regardless of whether the spouse at
the time of duty disability died or was divorced by the retiree.
POLICY 4: If a retiree is not married when he or she commences duty disability retirement
and marries thereafter, the spouse is not, and cannot become, eligible for spousal
retirement benefits, even if the marriage is before the retiree's regular age and
service recalculation.
AUTHORITY:
Ordinance 294.02(1)
EXAMPLES:
Example #1. You are 35 years old and have been approved for a duty disability
pension. You are considered retired under the ordinance. If married, your spouse
is your beneficiary of record. If you divorce while receiving a pension, you cannot
change your beneficiary for survivor benefits. You will receive a recalculation of
your pension under a duty disability when you have met the eligible for a regular
age and service pension had you not become disabled under the ordinance.
However, you have been and remain retired and your beneficiary designation
cannot be changed at the time of the recalculation.
Example #2. You are 35 years old and have been approved for a duty disability
pension. You are considered retired under the ordinance. You are not married at
the time of this approval. If you marry after commencement of your duty
disability retirement, you cannot name your spouse as your beneficiary for any
survivor benefits.
Example#3. You are 28 years old when you are approved for a police or fire duty
disability pension. You are not married at the time of approval. Subsequently,
you recover from your disability and the Medical Director reports that you are
physically able and capable of resuming your employment as a police officer/
firefighter, and you do so. You are 30 years old when you return to work. You
are no longer retired. At age 32 you marry. Your spouse is entitled to be your
beneficiary for retirement benefits.
F:\SHARED\Committee\RETIRETOLICEFI\dutydisabiIitypolicy.wpd 2
OFFICIAL PROCEEDINGS OF THE BOARD OF '- , g: 57
TRUSTEES E
CITY OF LANSING
POLICE AND FIRE RETIREMENT SYSTEM
Regular Meeting November 18, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
The Board met in regular session and was called to order at 8:35 a.m.
Present: Holliday, Meyer, Johnson, Lankheet, Lewis - 5.
Absent: Benavides, Cochran
Others: Gary Gustafson, Jill Rhode, and Doug Rubley; Finance Department; Jack Roberts:
Law Department
It was moved by Trustee Holliday, and supported by Trustee Meyer to approve the minutes
of the regular meeting of October 21, 2003.
Adopted by the following vote: Unanimously.
Secretary's Report:
0 new fire member(s), 0 new police members, 0 reinstatement(s), 0 refund(s), 0 transfers,
1 retired. Total: Active membership: 487. 2 deaths. Warren Eddie, retired on 04/01/72,
age 90, died on 10/27/03, spouse will receive 50%; and Margaret Jackson, wife of Don
Jackson, age 92, died on 11/04/03. Retirement allowances paid for the month of October,
2003 amounted $1,456,048.62. Total retirement checks printed for the P&F System: 593.
Total retirement checks printed for both systems: 1,292. Domestic relations order
received: 0 . Domestic relations orders pending: 0. Eligible domestic relations orders
certified: 0.
It was moved by Trustee Holliday and supported by Trustee Meyer to approve the refund
of accumulated contributions for Luis A. Rivera, Police.
It was Approved Unanimously
It was moved by Trustee Meyer and supported by Trustee Johnson to excuse Trustees
Benavides and Cochran.
It was Approved Unanimously.
Regular Meeting November 18, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
It was moved by Trustee Holliday and supported by Trustee Johnson to approve the
purchase of military time for Ron Finley and David Coddington.
It was Approved Unanimously.
It was moved by Trustee Holliday and supported by Trustee Johnson to allow the
administration to process further requests for purchase of military time but to bring them
to the board for acknowledgment.
It was Approved Unanimously.
The Sub-Committees were re-aligned with the following members:
Disability - Cochran, Lankheet, Rhode
Investment - Cochran, Holliday, (City Treasurer)
Education - Lankheet, Holliday
Special Projects - Lankheet, Cochran
Jack Roberts is writing a letter in reference to the DRO revision requested by Randy Jones
The Special Project Committees is doing a RFP for a new Medical Director.
Jill Rhode briefed the board on the pre-funding of health care
The Investment report was not available
The meeting adjourned at 9:33 a.m.
Minutes approved on �Zl I 6-�
Dug Rubley, Secretary
Do
& Fire Retirement System
d_ 1
f ��
Bruce Lankheet hairperson
OFFICIAL PROCEEDINGS OF THE BOARD OF
TRUSTEES
CITY OF LANSING
;POLICE AND FIRE RETIREMENT SYSTEM
Regulqr,Me_eting October 21, 2003
Co-uncil-Conference Room Tuesday, 8:30 a.m.
10fh Floor City Hall
Lansing;,MI
The Board met in regular session and was called to order at 8:33.
Present: Cochran, Holliday, Meyer, Johnson, Lankheet, - 5.
Abesent: Benavides
Others: Gary Gustafson, Amy Kraus, Jill Rhode, and Doug Rubley; Finance Department;
Jack Roberts: Law Department, Nancy Page and Marie Wolfe, public.
It was moved by Trustee Meyer, and supported by Trustee Cochran to approve the
minutes of the regular meeting of September 23, 2003 with amended changes.
Adopted by the following vote: Unanimously.
The Secretary: 0 new fire member(s), 0 new police memebers, 0 reinstatement(s), 0
refund(s), 0 transfers, 1 retired. Total: Active membership: 488. 0 death, Retirement
allowances paid for the month of September, 2003 amounted $1,452,789.27. Total
retirement checks printed for the P&F System: 592. Total retirement checks printed for
systems: 1,285. Domestic relations order received: . Domestic relations orders pending:
0. Eligible domestic relations orders certified: 0.
It was moved by Trustee Cochran and supported by Trustee Holliday to approve all
applications for Regular Age and Service Retirements:
Bernard J Robke, Fire Department, 26 years 1 month service credits, age 54 years,
effective November 15, 2003.
Donald W Christy Jr, Police Department, 25 years service credits, age 49 years,
effective November 20, 2003
It was Approved Unanimously.
It was moved by Trustee Cochran and supported by Trustee Holliday to appoint Trustee
Lankheet as Chairperson.
It was Approved Unanimously.
Regular Meeting September 23, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
It was moved by Trustee Meyer and supported by Trustee Holliday to appoint Trustee
Cochran as Vice Chairperson.
It was Approved Unanimously.
It was moved by Trustee Cochran and supported by Trustee Johnson to excuse Trustee
Benavides.
It was Approved Unanimously.
It was moved by Trustee Cochran and supported by Trustee Holliday to pay one half of the
Minute Masters fee.
It was Approved Unanimously.
It was moved by Trustee Meyers and supported by Trustee Cochran to pay for the
International Foundation Membership dues for the Police & Fire portion. Also, to add
Trustee Cochran and to remove Trustee Luzynski off and add Trustee Lankheet in his
place.
It was Approved Unanimously.
The Special Project Committees next item will be to do a RFP for a new Medical Director.
Jill Rhode will be writing a letter to Sheryl Norton in regards to her medical re-evaluation.
Marie Wolf spoke to the board about recapture of her excess earnings. Doug Rubley
explained to Ms Wolf the policy and ordinance on this issue. The issue was referred to the
Special Project Committee.
Jack Roberts gave explanation on Randy Jones DRO. Mr. Roberts will report to the Board
in November on the revision of the DRO.
Mr. Rubley gave the investment report.
The meeting adjourned at 10:10 a.m.
Minutes approved on / " v
Doug Rubley, Secretary
` Police & Fire Retirement System
Bruce Lankheet Chairperson
OFFICIAL PROCEEDINGS OF THE BOARD OF
TRUSTEES
CITY OF LANSING
POLICE AND FIRE RETIREMENT SYSTEM
Regular Meeting September 23, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
The Board met in regular session and was called to order at 8:40.
Present:Benavides, Cochran, Meyer, Johnson, Lankheet, Luzynski, Rhode - 8.
Abesent: Holliday
Others: Gary Gustafson, and Amy Kraus Finance Department; Jack Roberts: Law
Department.
It was moved by Trustee Cochran, and supported by Trustee Meyer to approve the
minutes of the regular meeting of August 19, 2003.
Adopted by the following vote: Unanimously.
The Secretary: 0 new fire member(s), 0 new police memebers, 0 reinstatement(s), 0
refund(s), 0 transfers, 3 retired. Total: Active membership: 489. 0 death, Retirement
allowances paid forthe month of August,2003 amounted $1,456,308.77. Total retirement
checks printed for the P&F System: 591. Total retirement checks printed for systems:
1,283. Domestic relations order received: . Domestic relations orders pending: 0. Eligible
domestic relations orders certified: 0.
It was moved by Trustee Cochran and supported by Trustee Lankheet to approve all
applications for Regular Age and Service Retirements:
Paul D. Arnold, Police Department, 25 years service credits, age 50 years,
effective November 1, 2003.
Paul S. Luzynski, Fire Department, 25 years service credits, age 50 years,
effective October 16, 2003.
t, {Vla'Nel Smitherman, Police Department, 25 years service credits, age 54 years,
--effective November 1, 2003.
It:was` pproved Unanimously.
Regular Meeting September 23, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
It was moved by Trustee Cochran and supported by Trustee Meyer to excuse Trustee
Holliday.
It was Approved Unanimously.
Trustee Luzynski gave synopsis of the Guns and Hoses conference.
It was moved by Trustee Meyer and supported by Trustee Rhode to adopt the new Credit
Card Policy and that it supersedes all other policies. This policy shall be attached to the
minutes and also filed in the policy book with the date of this motion of adoption shown
thereon.
It was Approved Unanimously.
It was moved by Trustee Rhode and supported by Trustee Lankheet to allow Catherine
Farrell do a plan to plan transfer from her457 Deferred Compensation plan into the Police
and Fire Retirement Fund.
It was Approved Unanimously.
Trustee Lankheet thanked Trustee Luzynski for all his years of service. Trustee Luzynski
is retiring and his last day is October 16, 2003.
Mr. Rubley gave the investment report. Mr. Rubley is checking to see if a Historical
tracking can be included in the investment report.
The meeting adjourned at 9:00 a.m.
Minutes approved on
1 Doug Rubley, Secretary
Police & Fire Retirement System
Chairperson
Police and Fire Pension
and
ERS Credit Card Policy
A credit card will be maintained to purchase goods and services related to the activities of the
Boards. Each Board will maintain its own account. The card may be used for conferences,
including registrations, hotel reservations, and airfare.
The Board's chairperson and the City's Retirement Analyst will be the only persons to authorize
use of the cards.
The credit card activity will be monitored by the Board and payments will be authorized at that
time. Credit card invoices will be paid from the Fund's Securities Lending Account. The credit
card will have a limit not to exceed $10,000,
OFFICIAL PROCEEDINGS OF THE BOARD OF.,
TRUSTEES r.. :
CITY OF LANSING
POLICE AND FIRE RETIREMENT SYSTEM
Regular Meeting August 19, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
The Board met in regular session and was called to order at 8:37.
Present: Benavides, Johnson, Lankheet, Luzynski, Rhode -5
Abesent: Cochran, Meyer and Holliday
Others: Gary Gustafson, and Amy Kraus Finance Department.
It was moved by Trustee Lankheet, and supported by Trustee Rhode to approve the
minutes of the regular meeting of July 15, 2003.
Adopted by the following vote: Unanimously.
The Secretary: 0 new fire member(s), 0 new police memebers, 0 reinstatement(s), 0
refund(s), 0 transfers, 3 retired. Total: Active membership: 492. 1 death, Arthur
Wojtysiak,retired on 06/08/74,died on 07/22/03,age 82,surviving spouse; Barbara,option
picked 50% (1). Retirement allowances paid for the month of July, 2003 amounted
$1,445,423.01. Total retirement checks printed for the P&F System: 586. Total retirement
checks printed for systems: 1,261. Domestic relations order received:. Domestic
relations orders pending: 0. Eligible domestic relations orders certified: 0.
It was moved by Trustee Benavides and supported by Trustee Lankheet to approve all
applications for Regular Age and Service Retirements:
Pete Wilson, Fire Department, 25 years 11 months service credits, age 49 years,
effective July 26, 2003.
Eufemio C. Longoria jr, Police Department, 25 years service credits, age 50 years,
effective September 1, 2003.
Regular Meeting August 19, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
Glen Cook, Fire Department, 25 years service credits, age 47 years,
effective August 23, 2003.
It was Approved Unanimously.
It was moved by Trustee Lankheet and supported by Trustee Johnson to accept Isabelle
Ray's (widow of David Ray) request for David Ray's Accumulated Contribution refund.
It was Approved Unanimously.
It was moved by Trustee Benavides and supported by Trustee Lankheet to excuse board
member's: Trustee Cochran, Trustee Holliday and Trustee Meyer.
It was Approved Unanimously.
Sheryl Norton was sent to the sub-committe on her medical Re-evaluation.
Trustee Rhode updated the board on the Retirement conference for 09/10/2003.
It was moved by Trustee Lankheet and supported by Trustee Johnson to adopt the Travel
Policy as presented. of ,m <<,�(
It was Approved Unanimously.
Mr. Rubley gave the investment report for May 2003.
The meeting adjourned at 9:00 a.m.
Minutes approved on _ 2 3 c-_*�_3
c V
Doug Rubley, Secretary
Police & Fire Retirement System
Paul Luzynski, Chai son
Police and Fire Pension
and
ERS Credit Card Policy
A credit card will be maintained to purchase goods and services related to the activities of the
Boards. Each Board will maintain its own account. The card may be used for conferences,
including registrations, hotel reservations, and airfare.
The Board's chairperson and the City's Retirement Analyst will be the only persons to authorize
use of the cards.
The credit card activity will be monitored by the Board and payments will be authorized at that
time. Credit card invoices will be paid from the Fund's Securities Lending Account. The credit
card will have a limit not to exceed $10,000.
OFFICIAL PROCEEDINGS OF THE,: o-AAb OF
TRUSTEES 03 WG 26 ,► ' 12
CITY OF LANSING LtaPig�,,6 cliv CLEW'
POLICE AND FIRE RETIREMENT SYSTEM
Regular Meeting July 15, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
The Board met in regular session and was called to order at 8:38.
Present: Cochran, Holliday, Lankheet, Luzynski, Rhode -5
Abesent: Benavides, Meyer and Johnson
Others: Gary Gustafson, Doug Rubley, Amy Kraus Finance Department, Jack Roberts,
Law Department.
It was moved by Trustee Cochran, and supported by Trustee Lankheet to approve the
minutes of the regular meeting of June 17, 2003.
Adopted by the following vote: Unanimously.
The Secretary: 0 new fire member(s), 0 new police memebers, 0 reinstatement(s), 0
refund(s), 0 transfers, 0 retired. Total: Active membership: 494. 1 death, Arnold
Kegebein, retired on 06/05/88, died on 06/21/03, age 62, surviving spouse; Sharon, option
picked 50%(1). Retirement allowances paid for the month of June, 2003 amounted
$1,418,397.58. Total retirement checks printed forthe P&F System: 582. Total retirement
checks printed for systems: 1,261. Domestic relations order received: . Domestic
relations orders pending: 0. Eligible domestic relations orders certified: 0.
It was moved by Trustee Cochran and supported by Trustee Holliday to approve all
applications for Regular Age and Service Retirements:
Richard Wojtysiak, Police Department, 25 years service credits, age 49 years,
effective July 31, 2003.
Carlos Villegas, Police Department, 25 years service credits, age 48 years,
effective August 12, 2003.
David Verderese, Police Department, 25 years service credits, age 48 years,
effective August 21, 2003.
Regular Meeting July 15, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
Charles Hendrickson, Fire Department,25 years 10 months service credits,age 50,
effective August 7, 2003.
Thomas L. Shaver, Fire Department, 25 years 7 months service credits, age 50,
effective July 13, 2003.
It was Approved Unanimously.
It was moved by Trustee Cochran and supported by Trustee Holliday to approve Todd
Bleak's request for a refund on Accumulated Contribution.
It was Approved Unanimously.
It was moved by Trustee Holliday and supported by Trustee Cochran to excuse board
member's: Trustee Benavides, Trustee Johnson and Trustee Meyer.
It was Approved Unanimously.
It was moved by Trustee Rhode and supported by Trustee Cochran to let Doug Rubley
attend the Guns and Hoses Seminar in September in San Diego.
It was Approved Unanimously
It was moved by Trustee Cochran and supported by Trustee Lankheetto move September
16, 2003 board meeting to September 23, 2003.
It was Approved Unanimously.
Retirement Seminar was changed to September 10th, 2003, from 5:30 p.m. to 8:30 p.m.
at the Lansing Center.
Jack Roberts explained the law on the Hippa agreement with Dr. Chiodo.
Mr. Rubley gave the investment report for May 2003.
The meeting adjourned at 9:33 a.m.
Minutes approved on
8- �
/ Doug Rubley, Secretary
Police & Fire Retirement System
Paul Lu4Ch, on
OFFICIAL PROCEEDINGS OF THE BOARD OF
TRUSTEES
CITY OF LANSING
POLICE AND FIRE RETIREMENT SYSTEM
Regular Meeting June 17, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
The Board met in regular session and was called to order at 8:38.
Present: Benavides, Cochran, Holliday, Johnson, Lankheet, Luzynski, Rhode -6
Abesent: Meyer -
Others: Gary Gustafson, Doug Rubley, Finance Department, Jack Roberts, Law
Department and Paul Smith, Fire Department.
It was moved by Trustee Cochran, and supported by Trustee Rhode to approve the
minutes of the regular meeting of May 20, 2003.
Adopted by the following vote: Unanimously.
The Secretary: 0 new fire member(s), 7 new police memebers, 0 reinstatement(s), 0
refund(s), 0 transfers, 2 retired. Total: Active membership: 494. Retirement allowances
paid for the month of May, 2003 amounted $1,415,728.18. Total retirement checks
printed for the P&F System: 582. Total retirement checks printed for systems: 1,261.
Domestic relations order received: . Domestic relations orders pending: 0. Eligible
domestic relations orders certified: 0.
It was moved by Trustee Cochran and supported by Trustee Lankheet to excuse board
member Larry Meyer.
It was Approved Unanimously.
It was moved by Trustee Rhode and supported by Trustee Cochran to let anyone on the
board attend the Guns and Hoses Seminar in September in San Diego.
It was Approved Unanimously
Regular Meeting June 17, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
It was moved by Trustee Lankheet and supported by Trustee Holliday to accept
amendment changes to agreement with Assest Consulting, and,to authorize Paul Luzynski
to sign agreement.
It was Approved Unanimously.
Gary updated Board members on Duty Disability verifaction and medical Re-evaluations,
letters are to be sent out to three people.
It was moved by Trustee Lankheet and supported by Trustee Cochran to accept the sub-
committee list.
It was Approved Unanimously.
Trustee Jill Rhode updated the board on the notebook progress and Seminar.
Mr. Rubley gave the investment report for May 2003.
The meeting adjourned at 9:33 a.m.
Minutes approved on
Doug Rubley, Secretary
Police & Fire Retirement System
Paul Luzynski, Chairperson
OFFICIAL PROCEEDINGS OF THE BOARD OVCFP 'f7r-'
TRUSTEES -.' 4- AM 7: 2I
CITY OF LANSING '-ANS►NG CITY CL ERI"t
POLICE AND FIRE RETIREMENT SYSTEM
Regular Meeting May 20, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
The Board met in regular session and was called to order at 8:45.
Present: Johnson, Lankheet, Luzynski, Meyer, Rhode -5
Abesent: Benavides, Cochran, Holliday
Others: Gary Gustafson, Doug Rubley, Finance Department, Jack Roberts, Law
Department.
It was moved by Trustee Meyer, and supported by Trustee Lankheet to approve the
minutes of the regular meeting of April 15, 2003.
Adopted by the following vote: Unanimously.
The Secretary: 0 new fire member(s), 0 new police memebers, 0 reinstatement(s), 1
refund(s), 0 transfers, 3 retired. Total: Active membership: 487. Refunds made since
the last regular meeting amounted to $542.22. Retirement allowances paid for the month
of April, 2003 amounted $1,401,770.71. Total retirement checks printed for the P&F
System: 581. Total retirement checks printed for systems: 1,262. Domestic relations
order received: . Domestic relations orders pending: 0. Eligible domestic relations orders
certified: 0.
It was moved by Trustee Lankheet and supported by Trustee Johnson to approve Pamela
Oakes request for Non Duty Disability.
Ayes: Johnson, Lankeet, Luzynski, Meyer and Rhode.
Nay's: 0
It was approved Unanimously
It was moved by Trustee Lankheet and supported by Trustee Johnson to excuse board
member Benavides, Cochran and Holliday.
It was Approved Unanimously.
Regular Meeting May 20, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
Holliday came in after the board excused him.
It was moved by Trustee Meyer and supported by Trustee Lankheet to let Paul Luzynski
attend the Guns and Hoses Seminar in September in San Diego.
It was Approved Unanimously.
It was moved by Trustee Lankheet and supported by Trustee Holliday to accept
amendment changes to agreement with Assest Consulting, and,to authorize Paul Luzynski
to sign agreement.
It was Approved Unanimously.
The board discussed the update of the Sub-Committee's, an updated list will be proved to
the board members.
Hiring a clerical person to assist in the Retirement and Benefit office was handed over to
the Special Project Committee.
It was moved by Trustee Rhode and supported by Trustee Holliday to approve the last
updates on the investment policy.
It was Approved Unanimously.
Mr. Rubley gave the investment report for April 2003.
The meeting adjourned at 9:33 a.m.
Minutes approved onG
Doug Rubley, Secretary
Police & Fire Retirement System
S`
Paul Luzynski, Chairperson
OFFICIAL PROCEEDINGS OF THE BOARD OF
TRUSTEES
CITY OF LANSING
POLICE AND FIRE RETIREMENT SYSTEM
Regular Meeting April 15, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
The Board met in regular session and was called to order at 8:37.
Present: Benavides, Cochran, Johnson, Lankheet, Luzynski, Rhode -6
Abesent: Holliday, Meyer
Others: Gary Gustafson, Finance Department, Jack Roberts, Law Department.
It was moved by Trustee Benavides, and supported by Trustee Cochran to approve the
minutes of the regular meeting of March 18, 2003.
Adopted by the following vote: Unanimously.
The Secretary: 6 new fire member(s), 3 new police memebers, 0 reinstatement(s), 0
refund(s), 0 transfers, 0 retired. Total active membership: 491. Refunds made since the
last regular meeting amounted to $0. Retirement allowances paid for the month of March,
2003 amounted 1,398,892.57. 1 death; Richard Hinman, died 03/25/03, age 71, retired
on 06/30/86, surviving spouse Mary, will get 50%. Total retirement checks printed for the
P&F System: 576. Total retirement checks printed for systems: 1,254. Domestic
relations order received: . Domestic relations orders pending: 0. Eligible domestic
relations orders certified: 0.
It was moved by Trustee Lankheet and supported by Trustee Cochran to approve the
following Regular Age and Service Retirements.
Michael Norris Police Department, 25 years service credits, age 51 years,
effective May 1, 2003.
Stephen J. Jex Police Department, 25 years service credits, age 49 years,
effective April 24, 2003.
Regular Meeting April 15, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
Gary Guiles Police Department, 25 years service credits, age 52 years,
effective April 24, 2003.
Mark Burns Police Department, 25 years service credits, age 50 years,
effective April 26, 2003.
Ayes: Benavides, Cochran, Johnson, Lankheet, Luzynski, Rhode
Nays: 0
It was moved by Trustee Lankheet and supported by Trustee Cochran to refund Mr. Art
Foreman his Accumulated Contribution.
It was Approved Unanimously.
It was moved by Trustee Cochran and supported by Trustee Johnson to excuse board
member Holliday and Meyer.
It was Approved Unanimously.
It was moved by Trustee Cochran and supported by Trustee Lankheet to approve for
the cost up to $3000.00 for the retirement seminar being held on September 16, 2003.
It was Approved Unanimously.
Trustee Rhode gave update on the Special Project Committee. The notebooks have
arrived and are being assembled.
Timco Financial Group information received and placed on file.
Mr. Rubley gave the investment report for March 2003.
The meeting adjourned at 9:33 a.m.
Minutes approved on �- ° 0
t
Doug Rubley, Secretary
Police & Fire Retirement System
Paul Luzynski, Chairperson
OFFICIAL PROCEEDINGS OF THE BOARD OF
TRUSTEES
CITY OF LANSING
POLICE AND FIRE RETIREMENT SYSTEM
Regular Meeting March 18, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
The Board met in regular session and was called to order at 8:37.
Present: Benavides, Cochran, Holliday, Johnson, Lankheet, Luzynski, Rhode -7
Abesent: Meyer
Others: Gary Gustafson, and Robin Noe Finance Department, Jack Roberts, Law
Department.
It was moved by Trustee Cochran, and supported by Trustee Lankheet to approve the
minutes of the regular meeting of February 18, 2003.
Adopted by the following vote: Unanimously.
The Secretary: 0 new member(s) 0 reinstatement(s), 0 refund(s), 0 transfers, 0 retired.
Total active membership: 483. Refunds made since the last regular meeting amounted
to $0. Retirement allowances paid for the month of January amounted 1,391,386.65. 5
death; Maxine Geiger, died 01/20/03, age 84 widow of Jerome Geiger; Lynn VanerMoere
died 02/06/03, surviving spouse, Mary Lee, age 64; Cuma Warner, died 02/06/03, age 96
wife of George Warner; Robert Mendel died 02/22/03, age 63, no surviving spouse;
George Vincent died 03/15/03, age 69, reitred on 04/14/86, surviving spouse, Betty will
receive 50%. Total retirement checks printed for the P&F System: 576. Total retirement
checks printed for systems: 1,250. Domestic relations order received: . Domestic
relations orders pending: 0. Eligible domestic relations orders certified: 0.
It was moved by Trustee Holliday and supported by Trustee Cochran to approve the
following Regular Age and Service Retirement.
Monty Small Police Department, 25 years service credits, age 53 years,
effective April 1, 2003.
Regular Meeting March 18, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
It was moved by Trustee Cochran and supported by Trustee Lankheet to excuse board
member Meyer.
It was Approved Unanimously.
It was moved by Trustee Lankheet and supported by Trustee Cochran to send the recheck
letter to the 7 people the sub committee recommended.
It was Approved Unanimously.
It was moved by Trustee Cochran and supported by Trustee Holliday to have the Asset
Consultants to prepare the monthly investment report.
It was Approved Unanimously.
Trustee Rhode gave update on the Special Project Committee.
Mr. Rubley gave the investment report for January 2003.
The meeting adjourned at 9:35 a.m.
Minutes approved on
Doug Rubley, Secretary
Police & Fire Retirement System
Paul Luzynski, Chairperson
OFFICIAL PROCEEDINGS OF THE BOARD OF
TRUSTEES
CITY OF LANSING
POLICE AND FIRE RETIREMENT SYSTEM
Regular Meeting February 18, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
The Board met in regular session and was called to order at 8:37.
Present: Benavides, Cochran, Lankheet, Luzynski, Meyer, Rhode -6
Abesent: Holliday, Johnson
Others: Doug Rubley, Gary Gustafson, and Robin Noe Finance Department, Jack
Roberts, Law Department.
It was moved by Trustee Meyer, and supported by Trustee Cochran to approve the
minutes of the regular meeting of January 21, 2003.
Adopted by the following vote: Unanimously.
The Secretary reported:0 new member(s) 0 reinstatement(s), 0 refund(s), 0 transfers, 0
retired. Total active membership: 483. Refunds made since the last regular meeting
amounted to $0. Retirement allowances paid for the month of January amounted
1,391,441.93. 0 death; Total retirement checks printed for the P&F System: 578. Total
retirement checks printed for systems: 1,253. Domestic relations order received: .
Domestic relations orders pending: 0. Eligible domestic relations orders certified: 0.
It was moved by Trustee Lankheet and supported by Trustee Cochran to approve the
following Regular Age and Service Retirement.
Andrew George Police Department, 25 years service credits, age 46 years,
effective March 14, 2003.
Ayes: Benavides, Cochran, Lankeet, Luzynski, Meyer and Rhode.
Nay's: 0
It was approved Unanimously
Regular Meeting February 18, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
It was moved by Trustee Cochran and supported by Trustee Lankheet to accept Tina Brya
request for Duty Disability effective 02/19/03 at 07:30 a.m.
It was Approved Unanimously.
It was moved by Trustee Cochran and supported by Trustee Lankheet to excuse board
member Holliday and Johnson.
It was Approved Unanimously.
It was moved by Trustee Cochran and supported by Trustee Benavides to approve
funding of up to $50.00 for flowers or a donation to the funeral home in the honor of Gary
Gustafson's father.
Mr. Rubley gave the investment report for January 2003.
The meeting adjourned at 9:32 a.m.
Minutes approved on
r-
Doug Rubley, Secretary
Police & Fire Retirement System
Paul Luzynski, Chair erson
OFFICIAL PROCEEDINGS OF THE BOARD OF
TRUSTEES
CITY OF LANSING -
POLICE AND FIRE RETIREMENT SYSTEM
Regular Meeting January 21, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
The Board met in regular session and was called to order at 8:37.
Present: Cochran, Hollister, Johnson, Lankheet, Luzynski, Meyer, Rhode -7
Abesent: Holliday
Others: Doug Rubley, Gary Gustafson, Bob Swanson and Robin Noe Finance
Department, Jack Roberts, Law Department.
It was moved by Trustee Lankheet, and supported by Trustee Benavides to approve the
minutes of the regular meeting of December 17, 2002.
Adopted by the following vote: Unanimously.
The Secretary reported: 1 new member(s) 0 reinstatement(s), 0 refund(s), 0 transfers, 2
retired. Total active membership: 483. Refunds made since the last regular meeting
amounted to $0. Retirement allowances paid for the month of December amounted
$1,374,927.70. 3 death; William Tomlinson, retired on 09/01/94 from the Police
Department, died on 12/24/02, he was 62 and no surviving spouse. Linda, wife of Dave
Abendroth of the Fire Department died on 12/15/02 she was 50. George Strickland from
the Police Department and also the ERS, he died on 01/14/03 and was 81, no surviving
spouse. Total retirement checks printed for the P&F System: 577. Total retirement
checks printed for systems: 1,248. Domestic relations order received: 1. Domestic
relations orders pending: 0. Eligible domestic relations orders certified: 0.
Regular Meeting January 21, 2003
Council Conference Room Tuesday, 8:30 a.m.
10th Floor City Hall
Lansing, MI
The Board recommended that Tina Brya go and see Dr. Chiode for Duty Disability
request.
It was moved by Trustee Hollister and supported by Trustee Cochran to excuse board
member Holliday.
It was Approved Unanimously.
It was moved by Trustee Cochran and supported by Trustee Rhode to approve the
recommendations of the Plan Summary referred by the A.D.H.O.C. Special Project
Committee.
Mr. Rubley gave the investment report for December 2002.
The meeting adjourned at 9:28 a.m.
Minutes approved on
Doug Rubley, Secretary
Police & Fire Retirement System
Paul Luzynski, Chairperson