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Police Officers' and Firefighters' Pension Board <br />December 5, 2000 <br />Page 4 <br />IX. New Business <br />Receipt of Surplus Funds from the Firefighters' Trust Fund <br />MOTION: Moved by Mr. Dale Christiansen to accept the $17, 517.05 surplus funds <br />from the Firefighters' Trust Fund. Seconded by Officer Jason McMullen. <br />Motion carried unanimously by voice vote. <br />Mr. Christiansen recommended the Board authorize Foster & Foster to do a study to determine the cost of <br />going to a 65% disability provision; changing the vesting period from ten years to six years and decrease <br />by 1/2% the membership contribution to maintain parity with the Florida Retirement System. Also, <br />authorize, if necessary, an additional study of total membership of the Fire Department with respect to <br />establishing the right to continue to receive the State monies. <br />MOTION: Moved by Mrs. Mary Moschler to authorize Foster & Foster to do a study <br />as outlined by the Board Attorney. Seconded by Officer Jason McMullen. <br />Motion carried unanimously by voice vote. <br />The Board set the date of March 6, 2001, 1:00 p.m. as the next quarterly board meeting. <br />X. Adjournment <br />MOTION: Moved by Officer Jason McMullen to adjourn the meeting of December 5, <br />2000. Seconded by Firefighter Jeromy Hansen. Motion carried <br />unanimously by voice vote. <br />Submitted to the Secretary by: <br />helma McPherson, City Clerk <br />City of Casselberry <br />Approved e Police Officers' and Firefighters Board <br />Thomas E. Embree, Chairman <br />Date <br />