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12-09-2009 Firefighter Pension Bd MinutesDecember 9. 2009 Members in attendance. Dean Luginbuhl Paul Anderson Frank Maglione Ray Goodgame Joe Van Zile Meeting called to order at 0900 in conference room at Fire admin building. 0901 Pledge of Allegiance skipped due to lack of flag, 2 nd by Paul Anderson. IIkI1S go] G1 1 .9M1IT-z- 0 Members openly discussed proposed changes to pension, including 20 and out program and merit of open DROP program. Open discussion about difference between current plan and proposed changes, also discussed were the overall pros and cons of changes. 0915 New Business: Joe Van Zile gave overview of the League of Cities prepared pension summary. 0920 Open discussion of the growth of the pension fund. 0923 Open discussion about distribution of funds, pros and cons. All agreed fund is doing well in current format of 60/40 Equity to Bonds. 0928 Chairperson Luginbuhl asked Joe Van Zile questions about the origin of monies used for distribution into firefighter pension. Mr. Van Zile noted that they came from the City's General Fund, property taxes and such and not from one designated source. 0934 Chairperson Luginbuhl discussed the upcoming board member elections for seats currently held by Thomas Bennett and Dean Luginbuhl. Open discussion on how elections are being held and current status of remaining board members including city council appointed seats. 0937 Frank Maglione and Ray Goodgame note their willingness to continue to serve on board if appointed. 0940 Question raised by Joe Van Zile of education of fire department members by Paul Shamoun or other about current status of retirement fund and pension. The possibility of having someone come bi- annually or annually to give details about fund and status of retirement in a presentation. All agreed to be a very good idea. 0945 Joe Van Zile noted that all current pension documents can be viewed by fire department members on Clermont computer system on shares, collective, Human Resources, Pension. 0950 Ray Goodgame brought up idea of having extra paramedics paid to work on shift to alleviate OT money. 0953 Paul Anderson brought idea of attending next state education seminar for pension board members and inquiring about dates. 0955 Chairperson Luginbuhl schedules next meeting at 0900 a.m. on March 10 2010 at the administration building at Clermont Fire Department. 0957 Chairperson Luginbuhl requests adjournment to current meeting, 2 nd by Paul Anderson. Meeting officially adjourned.