HomeMy WebLinkAboutMINUTES Firemen's Pension Board 2008-09-11RECORD OF PROCEEDINGS
Town of Estes Park, Larimer County, Colorado, September 11, 2008
Minutes of a Regular meeting of the FIREMEN'S PENSION BOARD of the
Town of Estes Park, Larimer County, Colorado. Meeting held in the
Municipal Building in said Town of Estes Park on the 11th day of September
2008.
Committee:
Mayor Pinkham, Fire Chief Dorman, Finance Officer
McFarland, EPVFD Members Birchfield and Landkamer,
Town Clerk Williamson
Attending: All
Absent: None
Chief Dorman called the meeting to order at 8:32 a.m.
RETIREMENT BENEFIT — APPROVAL.
The Board reviewed the pension application submitted by Rudy Marquez. Member
Birchfield verified that Mr. Marquez has 20.5 years of service. Application was filed on
September 9, 2008. It was moved and seconded (McFarland/Pinkham) the
Application be approved for Rudy Marquez, and it passed unanimously.
MISCELLANEOUS.
• Acknowledging the Volunteers — The Board discussed recognizing volunteers
that have retired and are still active in the organization at the Town's Christmas
party. It was also agreed that articles in the paper to recognize individual
firefighters would build rapport with the community.
• Pension Investments — Finance Officer McFarland reviewed the investment
portfolio and stated the account is down 1%, while the S&P 500 is down 12%.
Exposure to the market is limited due to the diversification.
SET DATE FOR THE NEXT MEETING.
The next meeting will be conducted during the first quarter of 2009 to discuss an
actuarial study to determine if the pension can be increased and the ability to add the
dive team.
There being no further business, Chief Dorman adjourned the meeting at 8:42 a.m.
Y(...----Jackie Williamson, Town Clerk