PB 03/03/2003 Minutes - Laserfiche WebLink

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Police Officers/Firefighters Pension Board Meeting March 3, 2003 Page 3 The report was accepted by the Board of Trustees as presented. The complete report is available for inspection with the City Clerk of the City of Casselberry. VII. Approval of Expenditure Report MOTION: Moved by Police Officer Robbin Lilly to approve the Expenditure Report dated February 13, 2003. Motion was seconded by Mr. Frank A. Schutte and carried unanimously by voice vote. VIII. Approval of Return of Contributions MOTION: Moved by Mr. Frank A. Schutte to approve the Return of Contribution in the amount of $954.14 for Jason O'Conner as requested in the letter dated February 12, 2002 from Mr. Jeffrey Dreier. Motion was seconded by Police Officer Robbin Lilly and carried unanimously by voice vote. IX. Attorney'sport Mr. Scott Christiansen updated the Board on the administrative action where the City of Casselberry, along with five other cities and the Florida League of Cities are challenging interpretation of the language by the Florida Division of Retirement regarding the use of additional State monies the City receives pursuant to our participation in Chapter 175 and 185. The Division of Retirements interpretation is that monies received over and above what was received in 1998 has to be used for additional benefits. The Division of Retirement is in the process of promulgating a rule which sets out their interpretation of the Statutory language regarding the additional State benefits. There is also legislation that has been pre -filed in Legislature that proposes to change Chapter 175 and 185 to add the additional language that the Division of Retirement is currently using as their interpretation. Also, in the same bill they are proposing the establishment of a data base that is made up of all the property records from each of the cities in the State and this would be used by the insurance companies that are collecting State premium tax dollars will be required to use the data base to properly allocate the money among the cities. The Attorney also reported on a bill that had been pre -filed in the Legislature regarding the Malcolm Thompson Act, which provides that a police officer injured in the line of duty as a result of a violent act, be given a minimum disability of eighty percent instead of forty-two percent.