HomeMy WebLinkAboutPension Meeting minutes 08-17-20 PLAINVIEW FIREMEN'S RELIEF AND RETIREMENT FUND
Minutes * August 17th, 2020 *12:00 p.m.
The Board of Directors for the Plainview Firemen's Relief&Retirement Fund will hold
a meeting August 17th, 2020 at 12:00 pm Leal's Restaurant,3311 Olton Rd.,
Plainview, Texas, 79072. Action may be taken on each agenda item.
This notice is posted pursuant to the Texas Open Meetings Act. [Tex. Gov't
Code Ann. Sec. 551.001 et. seq.] The Board reserves the right to conduct a
closed meeting on any agenda items in accordance with Tex. Gov't Code
Ann., Chapter 551, Subchapter D. This meeting is also being conducted in
accordance with the Americans with Disabilities Act [42 USC 12101 et.
seq.]. The facility is wheelchair accessible and handicap parking is
available. Requests for sign interpretive services are available upon
requests received at least 48 hours prior to the meeting. To arrange for
those services call 296-1139.
Members: Albert Perez, Kevin Whisenant, David Sells, Bobby Gipson, Sarianne
Beversdorf, Shane Rowell
Guest: Jeffery Snyder
OPEN MEETING: 1203 PM
1. Approval of minutes from the July 20th, 2020 meeting.
Motion made to accept minutes by K. Whisenant and second
by S. Beversdorf all in favor.
2. Consider and take necessary action on engagement letter with Retirement
Horizons, Inc. for the Actuarial Valuation as of July 2020 and special
study of actuarial assumptions revised by David Sawyer.
Motion made to accept the revised Actuarial as presented by
D. Sells and second by A. Perez all in favor.
3. Consider and take necessary action on the monthly report and
Rebalancing Report by Morgan Stanley Investment Advisor and
Graystone Consulting Associate, Daniel Sullivan.
Motion made to accept as presented by S. Rowell and second
by Gipson all in favor.
4. Personal matters:
a. Approval of refund for terminating Aaron Pittillo in
amount of$2,244.86
Motion made to approve refund for $2,244.86 by K.
Whisenant and second by S. Rowell all in favor.
5. Approve pending invoice for payment:
a. Moseley & Riddle, Inc. Bill for Audit in the amount of
$2,300.00
b. RHI Retirement Solved Bill for Valuation and Actuarial in
the amount of$6,331.61
Motion to pay invoices in the amounts shown by D. Sells and Second
by K. Whisenant all in favor.
6. Announcements & Adjourn. 1248 PM