Title
Retirement Board Meeting of April 22, 2009
Body
SUMMARY OF MEETING:
1. Roll call.
2. The Board approved the Retirement Board meeting minutes for March 12, 2009.
3. The Board approved the Retirement Board/City Commission Workshop minutes for March 24, 2009.
4. The Board Attorney Alan Greenfield updated the Board on current pending items.
5. The Administrative Manager’s Report was reviewed and accepted.
6. The Board approved the following application for Retirement benefits, DROP Benefits, Vested Retirement Benefits and Buy Back of Other Public Employer Service:
Retirement Benefits:
Retirement application of Wayne Flowers of the Automotive Department, 18 years and 8 months, Option 1, effective May 1, 2009.
DROP Benefits:
DROP application of Enrique Rios of the Police Department. Effective date April 1, 2009.
Vested Retirement Benefits:
Carlos Castillo, Building and Zoning Department (13 years, 6 months), effective at age 52, effective date June 1, 2013.
Buy Back of Prior City time, Other Public Employer Service, Military Service Time:
Application of Maurice Poirier of the Police Department requesting to buy back 1,727 days (4 years, 8 months, 20 days) of Other Public Employer Service Time with the Federal Government and 98 days (3 months and 10 days) of Other Public Employer Service Time with the Village of Pinecrest for a total of 5 years or 1,825 days.
7. The following invoice’s payment was deferred until the next Retirement Board meeting:
The Department of Management Services Division of Retirement invoice #150491 dated March 3, 2009 for the cost for the City of Coral Gables to purchase past service for its employees at the Regular Class membership in the amount of $33,602.44.
The following invoices were withdrawn by the Administrative Manager:
Sir Speedy Printing and Marketing Services invoice #99740 in the amount of $558.25 and invoice #99750 in the amount of $735.00 dated April 2, 2009 for a total of $1,293.25 for the cost of co...
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