HomeMy WebLinkAboutPension Meeting Minutes 1-18-21 PLAINVIEW FIREMEN'S RELIEF AND RETIREMENT FUND
Minutes
* January 18, 2021*12:00 p.m.
The Board of Directors for the Plainview Firemen's Relief&Retirement Fund will hold
a meeting January 18, 2021 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.
Members: Bobby, David, Albert, Shane
Visitor: Daniel, Mayor stopped in for a few minutes.
OPEN MEETING:
1. Consider and take any necessary action on receiving, Review and Year
end report by Morgan Stanley Investment Advisor and Graystone
Consulting Associate, Daniel Sullivan
Motion made to accept report and rebalancing as
presented from Morgan Stanley by A. Perez and 2nd by
S. Rowell all in favor.
2. Discussion on pension restoration plan for pension review board. Discuss
new formula for FSRP, David Sawyer. Members are voting on the
Changes at this time.
Plan was put out to be voted on by members end of
voting Monday 25t' of January.
3. Personal Matters:
a. Approve Phillip Mize retirement benefit.
Motion made to approve benefit by D. Sells 2nd by S. Rowell
all in favor.
b. Termination of Timothy Gibson. Requested to roll over his
contributions.
Motion to approve roll over by A. Perez and 2nd by S.
Rowell all in favor.
4. Announcements & Adjourn.
Meeting adjourned at 1313.