HomeMy WebLinkAboutPension Meeting Minutes 02-20-23PLAINVIEW FIREMEN'S RELIEF AND RETIREMENT FUND
Minutes * February 20, 2023*12:00 p.m.
OPEN MEETING: *1201
Members: Fire Chief Bobby Gipson, David Sells, Kevin Whisenant, Mayor
Charles Starnes
Visitors: Valessa Gutierrez
1. No minutes to read.
2. Review of quarterly report ending December 31, 2022 from Scott Owens.
Scott recommended moving the balance of the existing funds from the
Vanguard —Large Cap Value ETF to JP Morgan -Large Cap Value fund.
Scott recommended moving the balance of the existing funds from the
Polen and Vanguard —Large Cap Growth ETF to Sawgrass Div Large
Cap Growth fund.
Motion made by C. Starnes and seconded by K. Whisenant, all members
present voted in favor of.
3. Approval of Bruce Fowler's monthly benefit of $3,757.49 and the DROP
amount of $ 109,594.70.
Motion made by K. Whisenant and seconded by C. Starnes, all members
present voted in favor of.
4. Approval of Jesse Edward's pension roll over was table until the March
meeting.
5. Approval of Seth Stephens to serve as the board secretary for the
Plainview Fireman's Relief and Retirement Fund until the end of the term
January 31, 2024.
Motion made by K. Whisenant and seconded by D. Sells, all members
present voted in favor of.
6. Discussed the 4 promotions of 4 current firefighters to the rank of
Equipment Operator.
7. Retirement of Bruce Fowler effective 01-30-2023.
8. Resignation of Jesse Edward effective 02-16-2023.
Meeting Adjourned @1257.