PB 02/16/2010 Minutes - Laserfiche WebLink

Home Browse Search

Police /Fire Pension Board Meeting February 16, 2010 Page 4 various proposed benefit enhancement ordinances that may need to be included. Finance Director Dandy Newlon reported that the City Commission had advised that they were willing to entertain benefit enhancements if connected to a Stop Restart Ordinance. The City Commission expects that through collective bargaining the unions and the City will work out what that will be. In the meantime a separate ordinance is needed to implement IRS and State required plan revisions. MOTION: �� Moved by Daniel Glancy to direct Scott ordinance o include only IRS and other ad and excluding pending benefit enhancements. Motion was seconded by Matthew Hettler and carried on a 3 — 1 voice vote with William Nas dissenting. Once the Administrative ordinance is passed Scott Christiansen is authorized to complete the Summary Plan description. 10 Miscellaneous Jered Ding was acknowledged as new member of the plan. WA r 4 • It was acknowledged that a benefit enhancement status update was provided during the attorney report. Further discussion ensued. Firefighter trustee Matthew Hettler observed that the Firefighter union contract was in negotiations now and asked if the benefit enhancements would have to be agreed to with the current contract. Finance Director Randy Newlon responded that benefit enhancements could be bargained independent of the overall contract but that there would need to be some kind of agreement reached to accept a Stop Restart ordinance along with some other benefit enhancement. Attorney Scott Christiansen confirmed that the unions (Police and Fire) would have to approve the change in the use of State money via a Stop Restart Ordinance. If it were a change in the required contribution of members then the membership would have to vote on it. Once the unions approve the Stop Restart Ordinance the City can move forward and consider benefit enhancements already approved by the membership. William Nas asked if any pension plan had gone to court to require a City to use the State money as the legislature intended? Scott Christiansen answered that the City does not have to use the State money if it chooses but that the City risks not getting the State money any more if it doesn't. Since 1999 no City has lost its State money but there have been some that have received letters warning that if benefit enhancement are not implemented that State money could be denied. A letter from the State may be triggered by receipt of a letter from a union to Patricia Shoemaker complaining of inaction. 12. New Business Trustee Matthew Hettler asked if he could be authorized to go to the State Conference in May, 2010.