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.
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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.