Title
Retirement Board Meeting of January 13, 2011
Body
SUMMARY OF MINUTES
1. Roll call.
2. Election of a Chairman for the Retirement Board [Retirement Ordinance Section 50-88(a)]. Item deferred to February 10, 2011 Board meeting.
3. Election of a Vice-Chairman for the Retirement Board [Retirement Ordinance Section 50-88(b)]. Item deferred to February 10, 2011 Board meeting.
4. Election of Investment Committee members [Retirement Ordinance Section 50-121]. Item deferred to February 10, 2011 Board meeting.
5. The Board approved the meeting minutes for November 3, 2010.
6. The Board approved the Executive Summary minutes for November 3, 2010.
7. The Board Attorney Alan Greenfield updated the Board on current pending items.
8. The Administrative Manager’s Report was reviewed and accepted.
9. The Board approved the following applications for Retirement Benefits and DROP Benefits:
Retirement Benefits:
Retirement application of Patricia Rodriguez of the Police Department, 22 years, Option 2B-75%, effective July 1, 2010.
Retirement application of Blanca Carmona of the Parking Department, 4 years, 1 month (age 65), No Option, effective November 1, 2010.
Retirement application of Elizabeth Hernandez, City Attorney, 18 years, No Option, effective January 1, 2011.
Retirement application of Michael Cotton of the Public Service Department, 21 years, 5 months, Option 2B-50%, effective January 1, 2011.
DROP Benefits
DROP application of Michael Chickillo of the Fire Department. Effective date December 1, 2010.
DROP application of Richard Waugh of the Police Department. Effective date December 1, 2010.
DROP application of Daniel Mosquera of the Police Department. Effective date January 1, 2011.
DROP application of Glenn Fortunato of the Fire Department. Effective date January 1, 2011.
DROP application of Tony Jedlinski of the Fire Department. Effective date January 1, 2011.
DROP application of James Simpson of the Police Department. Effective date February 1...
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