HomeMy WebLinkAboutPension Meeting Minutes 12-21-20 PLAINVIEW FIREMEN'S RELIEF AND RETIREMENT FUND
Minutes * December 21st, 2020*12:00 p.m.
The Board of Directors for the Plainview Firemen's Relief&Retirement Fund will hold
a meeting December 21st, 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: B. Gipson, S. Rowell, D. Sells, K. Whisenant, A. Perez
Guest: T. Harp, C. Martinez, S. Kelley, J. Snyder, C. Starnes
OPEN MEETING: @ 1212
1. Approve November Meeting Minutes.
Motion made to accept minutes by K. Whisenant and second
by A. Perez. All in favor.
2. Consider and take any necessary action on receiving, Review and
Monthly investment and rebalancing report by Morgan Stanley
Investment Advisor and Graystone Consulting Associate, Daniel Sullivan
Motion made to approve rebalancing a presented by Morgan
Stanley by A. Perez and second by S. Rowell all in favor.
3. Discussion on pension restoration plan for pension review board. Discuss
and take any necessary action on new formula for FSRP, David Sawyer.
Motion made to take plan to members of pension as presented
from David Sawyer by K. Whisenant and second by A. Perez
all in favor.
4. Tom Harp would like to speak with Board on concerns he has with
pension.
Lt. Harp had questions on what our funds are allocated to? Motion
made to have Morgan Stanley and IAFF to have a presentation for
members of pension by D. Sells and second by K. Whisenant all in
favor.
5. Personal Matters:
a. Approval of refund for terminating:
i. Kade Kitten on November 15th 2020
Motion made to approve Kitten's refund for
$4,053.12 by A. Perez and second by K.
Whisenant all in favor.
b. Discuss and take any necessary action needed on Gilbert
Nunez petition for Disability benefit.
Motion made to approve Nunez's benefit as
suggested by K. Wilkerson and the documentation that
Wilkerson created be signed, notarized. Motion made by
K. Whisenant and second by D. Sells all in favor.
c. Termination of Gerald Otis Dickerson benefit due to Death
of beneficiary on December loth of 2020.
Motion made to approve termination of this
benefit by S. Rowell and second by B. Gipson all in
favor.
d. Retirement of Phillip Mize on December 28th, 2020 M
Motion was made to table this item till next meeting. All
in favor.
6. Announcements & Adjourn.
Motion made to adjourn by D. Sells second by A. Perez all in favor at
1307
Posted this day of December 21st, 2020 at a.m./p.m.
Shane Rowell
Secretary