HomeMy WebLinkAboutPension Meeting Minutes 11-23-20 PLAINVIEW FIREMEN'S RELIEF AND RETIREMENT FUND
AGENDA * November 23, 2020*12:00 p.m.
The Board of Directors for the Plainview Firemen's Relief&Retirement Fund will hold
a meeting November 23, 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 make
arrangements for those services call 296-1139.
Memebers: David Sells, Bobby Gipson, Shane Rowell, Sarianne
Beversdorf, Albert Perez
Guest: Daniel Sullivan
OPEN MEETING:
Meeting called to order @ 1208
1. Consider and take any necessary action on receiving, Review and
Quarterly investment and rebalancing report by Morgan Stanley
Investment Advisor and Graystone Consulting Associate, Daniel Sullivan
No Action needed at this time.
2. Discussion on pension restoration plan for pension review board. Discuss
new formula for FSRP, David Sawyer.
Discussed what had been gone over in meeting.
3. Personal Matters:
a. Approve New Hires
i. Caleb Ledbetter on November 9"' 2020
11. Seth Kelley on November 16' 2020
Motion made to accept new hires by Rowell. B.
Gipson second all in favor.
b. Approval of refund for terminating
i. Kade Kitten on November 15th 2020
Motion made by Gibson to table till next meeting. S. Rowell second
and all in favor.
c. Discuss Gilbert Nunez potion for Disability benefit.
A. Perez made motion to forward letter to Kim Wilkerson for
review. D. Sells second and all in favor.
4. Discuss what Raj Allada clarified each party did for pension.
Discussed having a meeting after the start of New HR Manager in
Dec.
5. Announcements & Adjourn.
Motion made by B. Gibson to adjourn second by S. Rowell all in
favor @ 1302