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03-01-2001 Board Meeting• MINUTES • City of Clermont, Florida Firefighters Pension Board of Trustees Meeting March 1, 2001 Meeting started at 9:10 A.M. at the Police Department Community Services Room. Firefighters trustees present were Paul Anderson (Chairman), Keith Mullins, Richard Bell and Daryl Hyatt. City Finance Director Joe Van Zile was also present. Minutes of the February 15, 2001 Firefighters Pension Board of Trustees Meeting were approved. Motion by Daryl Hyatt and seconded by Keith Mullins. Trustees continued discussing the voluntary changes that were discussed at the February 15, 2001 meeting. Specifically, the trustees requested Mr. Van Zile to contact the Florida League of Cities and obtain information regarding how other cities' firefighter pension plans compare in the following areas: >Benefit accrual rates >Years vesting requirements >Normal retirement ages >Retiree cost of living allowances and basis for such Additional discussion involved the offering of a deferred retirement option (DROP) and the crediting of additional service to those volunteer firefighters who become full-time. Mr. Van Zile reported that the City Council approved the revised firefighters plan document and adoption agreement that the board of trustees approved in January. The final documents would now be submitted to the Division of Retirement for release of the state insurance tax monies. It was agreed not to schedule another meeting until the Florida League of Cities has provided the above requested information. Meeting adjourned at 10:15 A.M. Paul Anderson Chairman ~~ ~ Richard Bell Secretary