HomeMy WebLinkAboutMINUTES Firemen's Pension Board 2000-02-03BRADFORD PUBLISHIH6 CO.
RECORD OF PROCEEDINGS
Town of Estes Park, Larimer County, Colorado, February 3, 2000
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 3rd day of
February, 2000.
Board: Mayor Dekker, Fire Chief Dorman, 1st Ass't. Chief Parker,
Treasurer Vavra, Clerk O'Connor
Attending: All
Also Attending: None
Absent: None
Mayor Dekker called the meeting to order at 9:02 a.m.
APPLICATIONS FOR PENSION — APPROVAL.
The Board reviewed pension applications submitted by Daryl McCown (20 years
service and age 50; effective 1/1/00), and Jim Watson (<26 years of service and over
50 years of age 2/1/00). It was moved and seconded (ParkerNavra) both pension
applications be approved, and it passed unanimously.
With adoption of Resolution #37-99 specifying a need for additional volunteer firemen,
both McCown and Watson will remain on the Volunteer Fire Dept. as active members.
PROPOSED ACTUARIAL STUDY FOR FIRST QUARTER OF 2000 — UPDATE.
The Board previously requested an additional Study be prepared in the first quarter of
2000 that includes, for comparison purposes, projections of raising the pension benefit
to $300.00/mo. and $350.00/mo. Treasurer Vavra reported that the 1999 books must
be closed prior to beginning work on the study (mid -late February), and he anticipates
work on the Study could take approximately 2 months.
The following scenarios will be included: pre -retirement death benefits, the $300 and
$350/mo. benefit, and death benefit for the spouse of an active firefighter killed on
active duty, said benefit be paid until such time as the spouse remarries.
Discussion followed on incentives for members to fill and/or retain officer positions.
Preliminary criteria could be: 5 years in office prior to this proposal becoming effective,
with a monthly pension benefit of $50.00/mo. that would not be retroactive. The Dept.
currently has 2 Captains (Winslow and Deats), 5 Lieutenants (Pettyjohn, Elley,
Weakland, Landkamer and Igle), and 2 Assistant Chiefs (McCown and Parker). Chief
Dorman confirmed other departments provide incentives, however, he could not confirm
whether the incentives are paid through the pension. Treasurer Vavra was directed to
discuss the aforementioned with Town Attorney White and report his findings at a future
meeting.
There being no further business, Mayor Dekker adjourned the meeting at 9:26 a.m.
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Vickie O'Connor, CMC, Town Clerk