Title
Retirement Board Meeting of October 14, 2010
Body
SUMMARY OF MINUTES
1. Roll call.
2. The Board approved the meeting minutes for September 16, 2010.
3. The Board approved the Executive Summary minutes for September 16, 2010.
4. The Administrative Manager’s Report was reviewed and accepted.
5. The Board approved the following applications for Retirement Benefits and DROP Benefits:
Retirement Benefits:
Retirement application of Albert Reyes, Jr. of the Building and Zoning Department, 3 years and 2 months (age 65), No Option, effective October 1, 2010.
Retirement application of Esther Zabalo of the Public Works Department, 23 years and 11 months, No Option, effective October 1, 2010.
Retirement application of Juan Calderin of the Public Service Department, 17 years and 4 months, No Option, effective October 1, 2010.
DROP Benefits:
DROP application of Raymond Vorsteg of the Public Works Department. Effective date September 1, 2010.
DROP application of Carlos Eguiluz of the Fire Department. Effective date November 1, 2010.
DROP application of Rene Brito of the Public Works Department. Effective date November 1, 2010.
DROP application of Dave Drescher of the Fire Department. Effective date November 1, 2010.
6. The Board unanimously approved waiving the reduction of Mr. Torres’ service connected disability monthly retirement benefit due to Mr. Torres’ medical documents and the Social Security Administration Office of Disability Adjudication and Review’s decision.
7. The following invoices were approved for payment:
The City of Coral Gables invoice for Fiscal Year 05/06, 06/07, 07/08 and 08/09 for expenses of retirement system paid out of the general ledger account of the City in the amount of $453,231.45.
The Bogdahn Group invoice #5454 dated September 17, 2010 for 3rd Quarter Performance Evaluation and Consulting Services in the amount of $33,750.00. This invoice is in accordance with the contract between The Bogdahn Group and Coral Ga...
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