Title
Retirement Board Meeting of January 24, 2008
Summary of Meeting
1. Roll call.
2. The Board unanimously elected Wayne Sibley as the Chairperson of the Board.
3. The Board unanimously elected Tom Huston as the Vice-Chairperson of the Board
4. The Board unanimously elected Steven Naclerio, Troy Easley and Agustin Diaz as members of the Investment Committee.
5. The minutes of November 8, 2007 Retirement Board meeting were approved.
6. The Board Attorney Alan Greenfield updated the Board on current pending items.
7. The Administrative Manager’s Report was reviewed and accepted.
8. The Board approved the following applications for Retirement Benefits, DROP benefits, and buy back of other City service time:
Retirement Benefits:
Retirement application of Ricardo Cardona of the Public Service Department, 23 years, 2 months, Option 2B-100%, effective January 1, 2008.
Retirement application of Omar Padron of the Internal Audit Division, 19 years, 5 months, Option 2B-50%, effective January 1, 2008.
Retirement application of Selina Aguiar of the Police Department, 23 years, 2 months, No Option, effective February 1, 2008.
DROP Benefits:
DROP application of Jack Kerns of the Fire Department. Effective date January 1, 2008.
DROP application of Richard Ridley of the Public Works Department. Effective date January 1, 2008.
DROP application of Greg Webber of the Fire Department. Effective date February 1, 2008.
Buy Back of Prior City time, Other Public Employer Service, Military Service Time:
Application of Olga Alfonso of the Building and Zoning Department requesting to buy back 4,106 days (11 years, 2 months, 25 days) of prior City service time.
9. The following invoices were approved for payment:
Carlson & Lewittes, P.A. invoice no. 11112 dated November 20, 2007 for costs and expenses in the amount of $7,905.74. This invoice is in accordance with the contract between Curtis Carlson and Coral Gables Retirement System signed on June 10, 2004...
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