| TEXPERS Salutes El Paso Firemen and Policemen’s Pension Fund |
|
|
EL PASO, Texas, June 10, 2014 -- The El Paso Firemen and Policemen’s Pension Fund ranked among Texas’ top-three pensions plans in a closely watched measure of average yearly returns over long-term investing horizons, according to the Texas Association of Public Employee Retirement Systems (TEXPERS) in a recently released report.
|
| Pension Letter from President Tellez |
|
|
|
Update: El Paso Firemen and Policemen's Pension Fund The Local 51 leadership continues to monitor developments with the El Paso Firemen and Policemen's Pension Fund. This note is intended to clarify what we can do to influence the situation. Like many firefighter locals around the nation, we face political challenges related to pension underfunding and municipal budget controversies. Today’s front page in the El Paso Times reflects the charged local political atmosphere. Firefighters are understandably concerned. As you know, I have advocated that we maintain a constructive relationship with the city. As an association, we generally have taken the high road and worked diligently to resolve issues. For example, our help with deferrals of pay raises and other issues benefited the city during tough economic times. Regarding the pension, like the police participants in the fund, firefighters have shown our willingness to address the pension underfunding by creating a second tier and by agreeing to increase our contributions. The political reality is, while we firefighters participate in the pension, Local 51 has no legal authority to impose anything on the elected pension board or the city. The city is the plan sponsor and is responsible for its solvency and the pension board is responsible for the fund’s management. For those reasons, Local 51 has historically kept pension and contract/workplace issues separate. This time, Local 51 has been dragged into a pension controversy our members did not start. That said, here’s what we as firefighters and citizens can do: · voice our concerns to and support our elected pension board members · foster cooperation between the pension board and city leaders · advocate politically to protect firefighter interests · raise community awareness with fact-based communications For the near future, two local pension controversies will be on the political agenda and in the news: 1) the status of the executive director, and 2) the underfunding of the pension. In my opinion, the city is not serious about addressing the underfunding at this time. Some city leaders are creating a smokescreen and pointing fingers in order to distract and divide firefighters and police. Some Local 51 members ask, “What happens if the city is unwilling to take action?” The underfunding will presumably grow and will have to be carried on the books as a liability. In that case, city bond ratings may be affected which is important since the city will be looking to float $500 million in voter-approved quality of life bonds. Perhaps the most important question is, will we allow the city to force us to negotiate against ourselves on this underfunding issue? Urgent issues With that in mind, these issues deserve our attention: 1) The second audit of the pension fund was estimated to be completed in the next few days. We will speak with the mayor tomorrow (Wednesday) to see if that estimate still holds. 2) The pension legislation filed by Rep. Joe Pickett (House Bill 2136) will not advance unless City Council endorses it. At this point, I believe that the focus has shifted and we must work hand-in-hand with the pension board and support their agenda 3) other pension bills filed this session. 4) the upcoming municipal elections will give us an opportunity to endorse candidates who support our issues . Looking ahead To maintain our credibility and standing in the community, Local 51 cannot respond to every pension rumor or published fact or fiction. We should strategically choose times to go public with our concerns, but continue working behind the scenes to protect our interests. Local 51 will continue to set the record straight on firefighter issues, as appropriate, as we did in this Feb. 21 letter to the editor. We must also continue to assure El Paso citizens – especially during political controversies – that they can count on us to deliver excellent service, be good stewards of city resources, and continue giving back to the community. Fraternally, Joe Tellez
|
| City 210 Million Contribution |
|
|
|
To all members of the El Paso Firemen's and Policemen's Pension Fund: I wanted to let you know the status of the second portion of the city's contribution to our pension for this year. As you know, pursuant to the terms of our underfunded settlement agreement in 2007, the city agreed to contribute two lump sums to our fund: $100,000,000 in 2007 and $110,000,000 by the end of July, 2009. The first portion was received in 2007 and has already been put to work in our retirement fund. I have just been informed by the pension administration office that the city intends to wire the $110,000,000 to our pension fund's account next Thursday, July 30, 2009. When the funds have been successfully deposited in our account(s), I will report back to you with confirmation. If you have any questions regarding this or any other pension-related matter, please don't hesitate to call me at 319-3376. Thank you for your patience as we collectively work for the successful conclusion to this monumental agreement. Always your servant, 8-6-09 Hello All: I just wanted to confirm for you that last Thursday the $110 million was deposited by the city into your pension fund as our agreement stipulated. Sorry for the delayed update on this subject. If you have any questions please feel free to contact me at any time. Have a great day! Michael Calderazzo Chairman El Paso Firemen's and Policemen's Pension Fund
|
| July 2009 Agenda |
|
|
|
EL PASO FIREMEN & POLICEMEN'S PENSION BOARD OF TRUSTEES REGULAR MEETING TO BE HELD Wednesday, July 15, 2009 at 1:00 PM El Paso Firemen and Policemen's Pension Fund Office Chase Tower, Suite 1616 201 East Main, El Paso, Texas 79901 AGENDA 1. Call to order. 2. Approve minutes of Board meeting held June 17, 2009. 3. Consideration and approval of the Financial Report for the month ending June 30, 2009, as recommended by the Budget & Finance Committee. 4. Approve Pension Payrolls: Fire $ 1,691,637.43 Police $ 2,218,425.78 5. Consideration and action on request for Service Retirement with Back/Drop. Reymundo Leyva Fire Department 6. Consideration and action on request for survivor benefits Mary E. Atkinson survivor of Bobby G. Atkinson, Fire Department 7. Portfolio review by Mr. Jon Fritzinger and Mr. Scott Johnston of Sterling Johnston. 8. Discussion and action on placement of the infusion of additional investment capital to be received from the City of El Paso as recommended by the Investment Committee. 9. Discussion and action on amending the Statement of Investment Policy pursuant to paragraph 5.15 thereof, with regards to the Discretionary Investment Agreement with Lord Abbett as recommended by the Investment Committee. 10. Up-date on the implementation of the Pension Administration System and related matters by Mr. Andy Flewelling of L.R. Wechsler. 11. Discussion and action on approving ESEI to implement the Fund's Data Back-Up and Recovery Solution and to further appropriate funds in the amount of $15,000.00. 12. Discussion and action on legal opinion received from Legal Counsel regarding the payment of contributions as outlined in the Amato settlement agreement reached between the City of El Paso and the El Paso Police Department. EL PASO FIREMEN & POLICEMEN'S PENSION FUND BOARD OF TRUSTEES July 15, 2009 - 1:00 P.M. 2 13. Discussion and approval of December 31, 2008 Audited Financial Statements as presented by Mr. Michael O'Donnell of Bixler & Company. 14. Report of Executive Director. 15. Opportunity for Statements from Retired Members/Public. This portion of the agenda is for members, retirees, beneficiaries or the public to address the Board of Trustees on any subject within the Board's jurisdiction that is not on today's agenda. To address the Board during Non-Agenda Public Comment, you must complete a Request to Speak form and submit it to the Board Secretary before the meeting begins. To address the Board on a subject that is on today's agenda, you must submit a Request to Speak form before the item is called. These forms are located at the receptionist desk. The Chairperson will call your name to address the Board during Non-Agenda Public Comment or when your item is to be heard. Non-Agenda Public Comment is limited to 3 minutes per speaker and 15 minutes per topic. Public testimony on an item on the Agenda is limited to 3 minutes per speaker and 15 minutes per side. Additional time may be granted at the discretion of the Board. 16. Committee Reports: A. Actuary/Audit Committee B. Budget & Finance Committee C. Disability Committee D. Investment Committee E. Personnel Committee 17. For Notation: A. Cost of Living Adjustments 1. Woodrow Bare Police Department 2. Frederick Ellis Police Department 3. David Norman Police Department 4. Arthur Seelig Police Department B. Death of member(s) Riley H. Pollock Police Department C. Refund of Contributions 1.
Joseph Escalante Police Department2. D. Payments to Service Providers Ellwood T. Whitten, Jr. Police DepartmentEL PASO FIREMEN & POLICEMEN'S PENSION FUND BOARD OF TRUSTEES July 15, 2009 - 1:00 P.M. 3 1. Summit Strategies ( 2 2. Strasburger & Price, L.L.P. (5/31/09) $ 2,062.50 18. Adjournment. The Board may retire into EXECUTIVE SESSION pursuant to the Texas Government Code, Section 551.071-551.078 to discuss any of the following: Section 551.071 Consultation with Attorney Section 551.072 Deliberation regarding real property Section 551.073 Deliberation regarding prospective gifts Section 551.074 Personnel matters Section 551.076 Deliberation regarding security devices Section 551.078 Deliberation regarding disability applicant's medical records Posted this 9 ________________________________ Sign Language interpreters will be provided for this meeting upon request. Request must be made to the Pension Office (telephone: 771-8111) a minimum of 24 hours prior to the posted date and time of this meeting. Copies of this agenda will be provided in Braille, large print or audiotape upon request. Request must be made a minimum of 48 hours prior to the posted time and date of the meeting. nd Qtr.) $ 47,750.00th of July at 4:00 p.m.
|
| June 2009 Agenda |
|
|
|
EL PASO FIREMEN & POLICEMEN'S PENSION BOARD OF TRUSTEES REGULAR MEETING TO BE HELD Wednesday, June 17, 2009 at 1:00 PM El Paso Firemen and Policemen's Pension Fund Office Chase Tower, Suite 1616 201 East Main, El Paso, Texas 79901 AGENDA 1. Call to order. 2 . Approve minutes of Board meeting held May 20, 2009. 3. Consideration and approval of the Financial Report for the month ending May 31, 2009, as recommended by the Budget & Finance Committee. 4. Approve Pension Payrolls: Fire $ 1,692,587.71 Police $ 2,208,066.20 5. Consideration and action on service retirement: A. Eric Gutierrez Police Department B. Luis R. Martinez Police Department 6. Consideration and action on request for Service Retirement with Back/Drop. Donald J. Marron Fire Department 7. Consideration and action on request for survivor benefits Irma M. Hernandez survivor of George F. Hernandez, Fire Department 8. Discussion and action on certifying the Fire Trustee election results in accordance with Section 4(E) of the El Paso Firemen and Policemen's Pension Fund Election Policy. 9. Up-date on the implementation of the Pension Administration System and related matters by Mr. Andy Flewelling of L.R. Wechsler. 10. Discussion and action on placement of the infusion of additional investment capital to be received by June 30, 2009 as recommended by the Investment Committee. 11. Discussion and action previously tabled on the approval of an administrative Trustee fee for pricing and bookkeeping services provided by the Group Trust for Pyramis Global Advisors, tabled from last month (see accompanying letter). EL PASO FIREMEN & POLICEMEN'S PENSION FUND BOARD OF TRUSTEES June 17, 2009 - 1:00 P.M. 2 12. Discussion and action on amending the Discretionary Advisory Agreement with PIMCO in accordance with paragraph 5.15 of the Statement of Investment Policy as recommended by the Investment Committee. 13. Discussion and action previously tabled on the payment of contributions as outlined in the Amato settlement agreement reached with the City of El Paso. 14. Discussion on service providers contract renewals. 15. Recognition of dedicated service as Trustee for Chief Robert Feidner. 16. Report of Executive Director. 17. Opportunity for Statements from Retired Members/Public. This portion of the agenda is for members, retirees, beneficiaries or the public to address the Board of Trustees on any subject within the Board's jurisdiction that is not on today's agenda. To address the Board during Non-Agenda Public Comment, you must complete a Request to Speak form and submit it to the Board Secretary before the meeting begins. To address the Board on a subject that is on today's agenda, you must submit a Request to Speak form before the item is called. These forms are located at the receptionist desk. The Chairperson will call your name to address the Board during Non-Agenda Public Comment or when your item is to be heard. Non-Agenda Public Comment is limited to 3 minutes per speaker and 15 minutes per topic. Public testimony on an item on the Agenda is limited to 3 minutes per speaker and 15 minutes per side. Additional time may be granted at the discretion of the Board. 18. Committee Reports: A. Actuary/Audit Committee B. Budget & Finance Committee C. Disability Committee D. Investment Committee E. Personnel Committee 19. For Notation: A. Cost of Living Adjustments 1. Charles J. Kovacs Police Department 2. Sergio Plaza Police Department B. Death of member(s) 1. Bobby G. Atkinson Fire Department EL PASO FIREMEN & POLICEMEN'S PENSION FUND BOARD OF TRUSTEES June 17, 2009 - 1:00 P.M. 3 2. George F. Hernandez Fire Department 3. Ignacio L. Garcia Police Department C. Refund of Contributions Javier Alonzo Police Department D. Payments to Service Providers 1. Causeway Capital Mgmt. - Final billing $ 55,035.95 2. Intech - 1
st Q2009 $ 29,986.4505/31/2009 $ 125.0004/30/09 $ 50,453.8804/30/2009 $ 1,218.75th of June at 2:00 p.m. 3. Eduardo Miranda, Atty. - 4. Sheehan Phinney - 5. Strasburger & Price, LLP - 6. Summit Strategies Due Diligence Travel $ 1,524.90 7. Travis & Calhoun, Attys. $ 11,793.44 20. Adjournment. The Board may retire into EXECUTIVE SESSION pursuant to the Texas Government Code, Section 551.071-551.078 to discuss any of the following: Section 551.071 Consultation with Attorney Section 551.072 Deliberation regarding real property Section 551.073 Deliberation regarding prospective gifts Section 551.074 Personnel matters Section 551.076 Deliberation regarding security devices Section 551.078 Deliberation regarding disability applicant's medical records Posted this 12 ________________________________ Sign Language interpreters will be provided for this meeting upon request. Request must be made to the Pension Office (telephone: 771-8111) a minimum of 24 hours prior to the posted date and time of this meeting. Copies of this agenda will be provided in Braille, large print or audiotape upon request. Request must be made a minimum of 48 hours prior to the posted time and date of the meeting
|
| May 2009 Agenda |
|
|
|
EL PASO FIREMEN & POLICEMEN'S PENSION BOARD OF TRUSTEES REGULAR MEETING TO BE HELD Wednesday, May 20, 2009 at 1:00 PM El Paso Firemen and Policemen's Pension Fund Office Chase Tower, Suite 1616 201 East Main, El Paso, Texas 79901 AGENDA 1. Call to order. 2.
Approve minutes of Board meeting held April 15, 2009.7. Discussion and action on the recent decision in the Supreme Court of Texas, the City of El Paso, ET AL., Petitioners v. Lilli M. Heinrich, Respondent, as presented by Attorney Eric Calhoun. 8. Up-date on the implementation of the Pension Administration System and related matters by Mr. Andy Flewelling of L.R. Wechsler. 9. Plan Document regarding the repurchase of Credited Service previously forfeited by a member and associated interest expense at the request of Trustee Hayes. 10. Discussion and action on the payment of contributions as outlined in the Amato settlement agreement reached with the City of El Paso. 11. Discussion and action on amending Section 3.13 of the Investment Policy Statement as approved by the Investment Committee. Discussion and action on Section 5.04 Contributions in Repayment of Refunds of theEL PASO FIREMEN & POLICEMEN'S PENSION FUND BOARD OF TRUSTEES May 20, 2009 - 1:00 P.M. 2 12. Discussion and action on the approval of an administrative Trustee fee for pricing and bookkeeping services provided by the Group Trust for Pyramis Global Advisors. 13. Eric Ralph of Summit Strategies Group and related matters. Presentation and review of 1st Quarter 2009 Investment Performance, as presented by Mr.14. Discussion and action on amending Paragraph 4 of the Trustee Conflict of Interest Affidavit and defining direct investment contained in Paragraph 5 at the request of Trustee Hayes. 15. Report of Executive Director. 16. Opportunity for Statements from Retired Members/Public. This portion of the agenda is for members, retirees, beneficiaries or the public to address the Board of Trustees on any subject within the Board's jurisdiction that is not on today's agenda. To address the Board during Non-Agenda Public Comment, you must complete a Request to Speak form and submit it to the Board Secretary before the meeting begins. To address the Board on a subject that is on today's agenda, you must submit a Request to Speak form before the item is called. These forms are located at the receptionist desk. The Chairperson will call your name to address the Board during Non-Agenda Public Comment or when your item is to be heard. Non-Agenda Public Comment is limited to 3 minutes per speaker and 15 minutes per topic. Public testimony on an item on the Agenda is limited to 3 minutes per speaker and 15 minutes per side. Additional time may be granted at the discretion of the Board. 17. Committee Reports: A. Actuary/Audit Committee B. Budget & Finance Committee C. Disability Committee D. Investment Committee E. Personnel Committee 18. For Notation: A. Cost of Living Adjustments Ruben Martin Police Department B. Death of member(s) 1. Juan C. Borjon Police Department 2. Patrick A. Doyle Police Department EL PASO FIREMEN & POLICEMEN'S PENSION FUND BOARD OF TRUSTEES May 20, 2009 - 1:00 P.M. 3 C. Refund of Contributions 1. Hector A. Camacho Fire Department 2. Samuel Traxler Fire Department 3. Thomas J. Belcher Police Department D. Payments to Service Providers 1. Baillie Gifford – 1 2. BuckConsultants – 1 3. Causeway Capital Mgmt. - 1 4. Cooke & Bieler, L.P. 1 5. Goldman Sachs – 1 6. Lord Abbett – 1 7. Eduardo Miranda, Atty. – 04/30/2009 $ 62.50 8. Northern Trust Company – 1 9. Pyramis Global Advisors – 1 10. Sheehan Phinney Bass + Green – 03/31/09 $ 7,999.00 11. Sterling Johnson Capital Mgmt. – 1 19. Adjournment. The Board may retire into EXECUTIVE SESSION pursuant to the Texas Government Code, Section 551.071-551.078 to discuss any of the following: Section 551.071 Consultation with Attorney Section 551.072 Deliberation regarding real property Section 551.073 Deliberation regarding prospective gifts Section 551.074 Personnel matters Section 551.076 Deliberation regarding security devices Section 551.078 Deliberation regarding disability applicant's medical records Posted this 15 ________________________________ Sign Language interpreters will be provided for this meeting upon request. Request must be made to the Pension Office (telephone: 771-8111) a minimum of 24 hours prior to the posted date and time of this meeting. Copies of this agenda will be provided in Braille, large print or audiotape upon request. Request must be made a minimum of 48 hours prior to the posted time and date of the meeting st Q2009 $ 66,751.69st Q2009 $ 1,870.00st Q2009 $ 47,750.00st Q2009&Perf.fee $ 50,453.88st Q2009 $ 18,273.40st Q2009 $ 55,154.68st Q2009 $ 27,083.81st Q2009 $ 79,287.00st Q2009 $ 28,417.77th of May at 2:00 p.m. 3. Consideration and approval of the Financial Report for the month ending April 30, 2009, as recommended by the Budget & Finance Committee. 4. Approve Pension Payrolls: Fire $ 1,676,205.59 Police $ 2,204,295.32 5. Consideration and action on request for Back/Drop retirement. A. Rodney L. Monroe Fire Department B. Francisco Enriquez Police Department 6. Consideration and action on request for survivor benefits Leta M. Doyle survivor of Patrick A. Doyle, Police Department
|
| April 2009 Agenda |
|
|
|
EL PASO FIREMEN & POLICEMEN'S PENSION BOARD OF TRUSTEES REGULAR MEETING TO BE HELD Wednesday, April 15, 2009 at 1:00 PM El Paso Firemen and Policemen's Pension Fund Office Chase Tower, Suite 1616 201 East Main, El Paso, Texas 79901 AGENDA 1. Call to order. 2. Approve minutes of Board meeting held March 25, 2009. 3. Consideration and approval of the Financial Report for the month ending March 31, 2009, as recommended by the Budget & Finance Committee. 4. Approve Pension Payrolls: Fire $ 1,676,205.59 Police $ 2,204,295.32 5. Consideration and action on service retirement: A. Mitchell S. Farley Fire Department B. Donald R. Mehl Fire Department 6. Consideration and action on request for Back/Drop retirement. Juan D. Sanchez Fire Department 7. Consideration and action on request for survivor benefits Namra S. Jackson for the benefit of Hubert M. Jackson, qualified dependent of Hubert F. Jackson, Fire Department 8. Discussion and action on up-date on the implementation of the Pension Administration System and related matters by Mr. Andy Flewelling of L.R. Wechsler. 9. Discussion and action on the appropriation of $43,500.00 for post-implementation support of the Tyler/TACS solution to be used as required. 10. Report of Executive Director. 11. Opportunity for Statements from Retired Members/Public. This portion of the agenda is for members, retirees, beneficiaries or the public to address the Board of Trustees on any subject within the Board's jurisdiction that is not on today's agenda. To address the Board during Non-Agenda Public Comment, you must complete a Request to Speak form and submit it to the Board Secretary before the meeting begins. To address the Board on a subject that is on today's agenda, you must submit a Request to Speak form before the item is called. These forms are located at the receptionist desk. The Chairperson will call your name to address the Board during Non-Agenda Public Comment or when your item is to be heard. Non-Agenda Public Comment is limited to 3 minutes per speaker and 15 minutes per topic. Public testimony on an item on the Agenda is limited to 3 minutes per speaker and 15 minutes per side. Additional time may be granted at the discretion of the Board. 12. Committee Reports: A. Actuary/Audit Committee B. Budget & Finance Committee C. Disability Committee D. Investment Committee E. Personnel Committee 13. For Notation: A. Cost of Living Adjustments 1. Jeffrey K. Dove Police Department 2. John D. Macias Police Department B. Death of member(s) Manuel Ponce Police Department C. Refund of Contributions 1. Michael A. Tyree Fire Department (pending QDRO) 2. Raul Castro Police Department D. Payments to Service Providers 1. Eduardo Miranda, Atty. - 03/31/09 $ 425.00 2. Sheehan Phinney Bass + Green - 02/09 $ 1,870.00 3. Summit Group - 1st Q2009 $ 47,750.00
|
| February 2009 Agenda |
|
|
|
http://www.elpasofireandpolice.org/BrdAgenda09_02.pdf
EL PASO FIREMEN & POLICEMEN'S PENSION BOARD OF TRUSTEES REGULAR MEETING TO BE HELD Wednesday, February 18, 2009 at 1:00 PM El Paso Firemen and Policemen's Pension Fund Office Chase Tower, Suite 1616 201 East Main, El Paso, Texas 79901 AGENDA 1. Call to order. 2. Approve minutes of Board meeting held January 21, 2009. 3. Consideration and approval of the Financial Report for the month ending January 31, 2009, as recommended by the Budget & Finance Committee. 4. Approve Pension Payrolls: Fire $ 1,675,917.85 Police $ 2,198,926.68 5. Consideration and action on service retirement: A. David C. Rodriguez Police Department B. Bernardo Salinas Police Department 6. Consideration and action on request for Deferred/PRP retirement. Leigh E. Smith Fire Department 7. Consideration and action on request for survivor benefits Louise C. Valero, survivor of Marcos M. Valero, Police Department 8. Discussion and action on up-date on the implementation of the Pension Administration System and related matters by Mr. Andy Flewelling of L.R. Wechsler. 9. Discussion and action on approving the Investment Committee's recommendation to retain a real estate manager which concluded with due diligence visits to J.P. Morgan, ING Clarion, Metropolitan and Partners Group. 10. Discussion and action on Causeway Capital Management. 11. Presentation and review of 4th Quarter 2008 Investment Performance, as presented by Mr. Eric Ralph of Summit Strategies Group and related matters. 12. Discussion and action on entering into an agreement with the Epstein Group for providing legislative consulting services to the Fund for the 2009 Legislative Session in the amount of $30,000.00 at the request of Chairman Calderazzo. Tabled January 21, 2009. 13. Discussion and action on entering into a securities class action as lead or co-lead plaintiff as recommended by Attorney Klausner in association Bernstein Litowitz Berger & Grossman, LLP. Section 551.071 Consultation with Attorney Section 551.072 Deliberation regarding real property Section 551.073 Deliberation regarding prospective gifts Section 551.074 Personnel matters Section 551.076 Deliberation regarding security devices Section 551.078 Deliberation regarding disability applicant's medical 14. Report of Executive Director. 15. Opportunity for Statements from Retired Members/Public. This portion of the agenda is for members, retirees, beneficiaries or the public to address the Board of Trustees on any subject within the Board's jurisdiction that is not on today's agenda. To address the Board during Non-Agenda Public Comment, you must complete a Request to Speak form and submit it to the Board Secretary before the meeting begins. To address the Board on a subject that is on today's agenda, you must submit a Request to Speak form before the item is called. These forms are located at the receptionist desk. The Chairperson will call your name to address the Board during Non-Agenda Public Comment or when your item is to be heard. Non-Agenda Public Comment is limited to 3 minutes per speaker and 15 minutes per topic. Public testimony on an item on the Agenda is limited to 3 minutes per speaker and 15 minutes per side. Additional time may be granted at the discretion of the Board. 16. Committee Reports: A. Actuary/Audit Committee B. Budget & Finance Committee C. Disability Committee D. Investment Committee E. Personnel Committee 17. For Notation: A. Cost of Living Adjustments 1. Rafael A. Torres Fire Department 2. Henry Barrio Police Department 3. Arturo De Avila Police Department 4. Eric M. Herrera Police Department B. Death of member(s) Albert Stephens Police Department C. Refund of Contributions Benjamin Lopez, III Police Department D. Payments to Service Providers 1. Bixler & Co. (Annual Audit 12/31/07) $ 14,785.00 2. Causeway Capital Management. - 4Q08 $ 111,319.09 3. Cooke & Bieler, L.P. - 4Q08 $ 39,108.94 4. Ferdinando Insurance Assoc.(D&O) $ 7,688.00 5. Goldman Sachs - 4Q08 $ 19,019.19 6. INTECH - 4Q08 $ 8,630.32 7. INTECH Performance Fee $ 35,361.41 8. Lord Abbett - 4Q08 $ 61,583.50 9. Pyramis Global Advisors - 3Q08 $ 102,640.00 10. Pyramis Global Advisors - 4Q08 $ 82,822.00 11. Sheehan Phinney Bass + Green 11/30/08 $ 5,300.00 18. Adjournment. The Board may retire into EXECUTIVE SESSION pursuant to the Texas Government Code, Section 551.071-551.078 to discuss any of the following: Section 551.071 Consultation with Attorney Section 551.072 Deliberation regarding real property Section 551.073 Deliberation regarding prospective gifts Section 551.074 Personnel matters Section 551.076 Deliberation regarding security devices Section 551.078 Deliberation regarding disability applicant's medical records Posted this 13th of February at 2:00 p.m. ________________________________ Sign Language interpreters will be provided for this meeting upon request. Request must be made to the Pension Office (telephone: 771-8111) a minimum of 24 hours prior to the posted date and time of this meeting. Copies of this agenda will be provided in Braille, large print or audiotape upon request. Request must be made a minimum of 48 hours prior to the posted time and date of the meeting.
|
| January 2009 Agenda |
|
|
|
http://www.elpasofireandpolice.org/BrdAgenda09_01.pdf
EL PASO FIREMEN & POLICEMEN'S PENSION BOARD OF TRUSTEES REGULAR MEETING TO BE HELD Wednesday, January 21, 2009 at 1:00 PM El Paso Firemen and Policemen's Pension Fund Office Chase Tower, Suite 1616 201 East Main, El Paso, Texas 79901 AGENDA 1. Call to order. 2. Approve minutes of Board meeting held December 17, 2009. 3. Consideration and approval of the Financial Report for the month ending December 31, 2008. 4. Approve Pension Payrolls: Fire $ 1,618,165.42 Police $ 2,143,142.04 5. Consideration and action on service retirement: A. Alfred G. Rodriguez Fire Department B. Ruben Cisneros Police Department 6. Consideration and action on request for early retirement. David S. Power . Fire Department 7. Consideration and action on request for Back-Drop retirement. Roberto Rivera Fire Department 8. Consideration and action on request for disability retirement. Juan M. Ramos Police Department 9. Discussion and action on up-date on the implementation of the Pension Administration System and related matters by Mr. Andy Flewelling of L.R. Wechsler. 10. Discussion and action on entering into an agreement with the Epstein Group for providing legislative consulting services to the Fund for the 2009 Legislative Session in the amount of $30,000.00 at the request of Chairman Calderazzo. 11. Discussion and action on authorizing a transfer of funds in the amount of $62,000 from Account 4084-Consulting Services to Account 2230 Salaries for federal income tax purposes after discussion with legal counsel. 12. Report of Executive Director. 13. Opportunity for Statements from Retired Members/Public. This portion of the agenda is for members, retirees, beneficiaries or the public to address the Board of Trustees on any subject within the Board's jurisdiction that is not on today's agenda. To address the Board during Non-Agenda Public Comment, you must complete a Request to Speak form and submit it to the Board Secretary before the meeting begins. To address the Board on a subject that is on today's agenda, you must submit a Request to Speak form before the item is called. These forms are located at the receptionist desk. The Chairperson will call your name to address the Board during Non-Agenda Public Comment or when your item is to be heard. Non-Agenda Public Comment is limited to 3 minutes per speaker and 15 minutes per topic. Public testimony on an item on the Agenda is limited to 3 minutes per speaker and 15 minutes per side. Additional time may be granted at the discretion of the Board. 14. Committee Reports: A. Actuary/Audit Committee B. Budget & Finance Committee C. Disability Committee D. Investment Committee E. Personnel Committee 15. For Notation: Cost of Living Adjustments A. Roberto Rivera Fire Department B. Sylvia Aguilar Police Department C. Jose C. Castro Police Department D. Henry J. DiMatteo Police Department E. Edward F. Provencio Police Department 16. For Notation: Death of member(s) Marcos M. Valero Police Department 17. For Notation: Withdrawing Deferred Retirement Application Jose A. Carrizal, Jr. – Rescinded Deferred Retirement 18. For Notation: Refund of Contributions A. Oscar Gonzalez Fire Department B. Daniel Ochoa Fire Department C. Jose A. Carrizal, Jr. Police Department 19. For Notation: Payments to Service Providers A. Eduardo Miranda, Atty. -11/30/08 $ 225.00 B. Reinhart Boerner Van Deuren, Attys.10/08 $ 6,529.50 C. Sheehan Phinney Bass + Green (10/31/08) $ 11,783.00 D. Summit Strategies Group (4th qtr) $ 47,750.00 20. Adjournment. The Board may retire into EXECUTIVE SESSION pursuant to the Texas Government Code, Section 551.071-551.078 to discuss any of the following: Section 551.071 Consultation with Attorney Section 551.072 Deliberation regarding real property Section 551.073 Deliberation regarding prospective gifts Section 551.074 Personnel matters Section 551.076 Deliberation regarding security devices Section 551.078 Deliberation regarding disability applicant's medical records Posted this 16th of January at 10:00 a.m. ________________________________ Sign Language interpreters will be provided for this meeting upon request. Request must be made to the Pension Office (telephone: 771-8111) a minimum of 24 hours prior to the posted date and time of this meeting. Copies of this agenda will be provided in Braille, large print or audiotape upon request. Request must be made a minimum of 48 hours prior to the posted time and date of the meeting.
|
| December 2008 Agenda |
|
|
|
EL PASO FIREMEN & POLICEMEN'S PENSION BOARD OF TRUSTEES REGULAR MEETING TO BE HELD Wednesday, December 17, 2008 at 1:00 PM El Paso Firemen and Policemen's Pension Fund Office Chase Tower, Suite 1616 201 East Main, El Paso, Texas 79901 AGENDA 1. Call to order. 2. Approve minutes of Board meetings held. A. November 19, 2008 B. November 24, 2008 3. Consideration and approval of the Financial Report for the month ending November 30, 2008. 4. Approve Pension Payrolls: Fire $ 1,616,269.49 Police $ 2,132,965.08 6. Consideration and action on service retirement: A. William J. Duarte Fire Department B. Robert S. Lowe Police Department C. Carlos Rojas Police Department 7. Consideration and action on request for early retirement. Douglas H. Fairbanks, Jr. Police Department 8. Consideration and action on request for Back-Drop retirement. Etor Castillo Fire Department 9. Consideration and action on request for survivor benefits A. Irene Calanche, survivor of Lionel V. Calanche, Police Department B. Alice S. Rodriguez, survivor of William E. Rodriguez, Police Department 10. Discussion and action on the El Paso Firemen & Policemen’s Pension Fund Plan Internal Revenue Code Compliance By-Laws. 11. Discussion and action on up-date on the implementation of the Pension Administration System and related matters by Mr. Andy Flewelling of L.R. Wechsler. 12. Discussion and action on the appropriation of additional financial resources in the amount of $16,500.00 for acceptance testing in connection with the implementation of the Pension Administration System by Mr. Andy Flewelling of L.R. Wechsler. 13. Discussion and action on the appropriation of additional financial resources in the amount of $13,800.00 for continued oversight in connection with the implementation of the Pension Administration System by Mr. Andy Flewelling of L.R. Wechsler. 14. Discussion and action on authorizing a transfer of funds in the amount of $10,000 from Account 4081-Furniture & Fixtures to Account 4071-Computer Hardware in connection with the purchase of recommended disaster recovery equipment. 15. Discussion and action on the Proposed 2009 Administrative Operating Budget as recommended and approved by the Budget & Finance Committee. 16. Discussion and action on Staff merit increases for 2008. 17. Discussion and action on the following items as requested by Chairman Calderazzo. a. Policy requiring on-going continuing education. b. Policy on Board and Committee attendance. c. Description of Roles and Responsibilities of new Trustee members. (time commitment, fiduciary education, etc.) d. Board Governance. (Best practices) e. New and seasoned Trustees. Orientation to new trustees in governance and deepen seasoned Trustees knowledge of governance issues. f. Policy on Board self evaluation criteria. 18. Report of Executive Director. 19. Opportunity for Statements from Retired Members/Public. This portion of the agenda is for members, retirees, beneficiaries or the public to address the Board of Trustees on any subject within the Board's jurisdiction that is not on today's agenda. To address the Board during Non-Agenda Public Comment, you must complete a Request to Speak form and submit it to the Board Secretary before the meeting begins. To address the Board on a subject that is on today's agenda, you must submit a Request to Speak form before the item is called. These forms are located at the receptionist desk. The Chairperson will call your name to address the Board during Non-Agenda Public Comment or when your item is to be heard. Non-Agenda Public Comment is limited to 3 minutes per speaker and 15 minutes per topic. Public testimony on an item on the Agenda is limited to 3 minutes per speaker and 15 minutes per side. Additional time may be granted at the discretion of the Board. 20. Committee Reports: A. Actuary/Audit Committee B. Budget & Finance Committee C. Disability Committee D. Investment Committee E. Personnel Committee 21. For Notation: Cost of Living Adjustments A. Edward A. Aguilar Fire Department B. Carlos Garcia Fire Department C. Alfredo Hernandez Fire Department D. Josefina Bare Police Department E. Miriam Bogle Police Department F. Wade C. Forrister Police Department G. Lisa K. Gailey Police Department H. Phillip D. Gamble Police Department I. Enrique B. Gutierrez Police Department J. Francisco L. Juarez Police Department K. Jesus Pantoja Police Department L. Miguel Villalobos Police Department 22. For Notation: Death of member(s) A. Velma L. Smith Fire Department B. Lionel V. Calanche Police Department 23. For Notation: Refund of Contributions Oscar Gonzalez Police Department 24. For Notation: Payments to Service Providers A. Baillie Gifford (3rd qtr) $90,089.17 25. Adjournment. The Board may retire into EXECUTIVE SESSION pursuant to the Texas Government Code, Section 551.071-551.078 to discuss any of the following: Section 551.071 Consultation with Attorney Section 551.072 Deliberation regarding real property Section 551.073 Deliberation regarding prospective gifts Section 551.074 Personnel matters Section 551.076 Deliberation regarding security devices Section 551.078 Deliberation regarding disability applicant's medical records Posted this 12th of December at 10:00 a.m. ________________________________ Sign Language interpreters will be provided for this meeting upon request. Request must be made to the Pension Office (telephone: 771-8111) a minimum of 24 hours prior to the posted date and time of this meeting. Copies of this agenda will be provided in Braille, large print or audiotape upon request. Request must be made a minimum of 48 hours prior to the posted time and date of the meeting.
|
| August 2008 Agenda |
|
|
|
1. Call to order. 2.
Approve minutes of Board meeting held August 20, 2008.2 12. Discussion and action on retaining dmDickason to review applications received for the Benefits Specialists and Accounting positions and associated expenditures. Supporting documentation to be distributed at meeting. 13. Report of Executive Director. 14. Opportunity for Statements from Retired Members/Public. This portion of the agenda is for members, retirees, beneficiaries or the public to address the Board of Trustees on any subject within the Board's jurisdiction that is not on today's agenda. To address the Board during Non-Agenda Public Comment, you must complete a Request to Speak form and submit it to the Board Secretary before the meeting begins. To address the Board on a subject that is on today's agenda, you must submit a Request to Speak form before the item is called. These forms are located at the receptionist desk. The Chairperson will call your name to address the Board during Non-Agenda Public Comment or when your item is to be heard. Non-Agenda Public Comment is limited to 3 minutes per speaker and 15 minutes per topic. Public testimony on an item on the Agenda is limited to 3 minutes per speaker and 15 minutes per side. Additional time may be granted at the discretion of the Board. 15. Committee Reports: A. Actuary/Audit Committee B. Budget & Finance Committee C. Disability Committee D. Investment Committee E. Personnel Committee 16. For Notation: Cost of Living Adjustments A. Leonard Romero Fire Department B. Eulalio Balderrama Police Department C. Ricardo Elias Police Department 17. For Notation: Death of member(s) A. Kenneth G. Ramey Fire Department B. Elouise Welch Fire Department C. Mary J. Wilmon Fire Department D. Rosemary M. Price Police Department 18. For Notation: Refund of Contributions A. Miguel A. Chavez Police Department (Withdrew application – Pending Reinstatement) B. Mayra Contreras Police Department EL PASO FIREMEN & POLICEMEN'S PENSION FUND BOARD OF TRUSTEES September 17, 2008 - 1:00 P.M. 3 19. For Notation: Payments to Service Providers Cooke & Bieler, L.P. ( 2 20. Adjournment. The Board may retire into EXECUTIVE SESSION pursuant to the Texas Government Code, Section 551.071-551.078 to discuss any of the following: Section 551.071 Consultation with Attorney Section 551.072 Deliberation regarding real property Section 551.073 Deliberation regarding prospective gifts Section 551.074 Personnel matters Section 551.076 Deliberation regarding security devices Section 551.078 Deliberation regarding disability applicant's medical records Posted this 12 ________________________________ Sign Language interpreters will be provided for this meeting upon request. Request must be made to the Pension Office (telephone: 771-8111) a minimum of 24 hours prior to the posted date and time of this meeting. Copies of this agenda will be provided in Braille, large print or audiotape upon request. Request must be made a minimum of 48 hours prior to the posted time and date of the meeting nd qtr.) $ 34,210.26th of September at 4:00 p.m. 3. Consideration and approval of the Financial Report for the month ending August 31, 2008. 4. Approve Pension Payrolls: Fire $ 1,601,200.35 Police $ 2,110,168.11 5. Consideration and action on service retirement: Burt J. Chenoweth Fire Department 6. Consideration and action on request for early retirement. Enrique Ledesma, III Police Department 7. Consideration and action on request for survivor benefits Noemi DiMuzio, survivor of Robert P. DiMuzio, Police Department 8. Portfolio review and presentation by Mr. Russell Bjorkman of INTECH. 9. Discussion and action on approval of response letter to the City of El Paso regarding actuarial audit performed by the Stanton Group pursuant to the requirements contained in Texas Government Code, Chapter 802.1012 (Houses Bill 2664). Supporting documentation attached. 10. Discussion and action on up-date on the implementation of the Pension Administration System by Mr. Andy Flewelling of L.R. Wechsler. 11. Discussion and action on recent developments regarding the implementation of the Pension Administration System and approval of related expenditures by Robert J. Stanton, Executive Director and Mr. Andy Flewelling of L.R. Wechsler. EL PASO FIREMEN & POLICEMEN'S PENSION FUND BOARD OF TRUSTEES September 17, 2008 - 1:00 P.M. EL PASO FIREMEN & POLICEMEN'S PENSION BOARD OF TRUSTEES REGULAR MEETING TO BE HELD Wednesday, September 17 at 1:00 PM El Paso Firemen and Policemen's Pension Fund Office Chase Tower, Suite 1616 201 East Main, El Paso, Texas 79901 AGENDA
|
| September 2008 Agenda |
|
|
EL PASO FIREMEN & POLICEMEN'S PENSION BOARD OF TRUSTEES REGULAR MEETING TO BE HELD Wednesday, October 15, 2008 at 1:00 PM El Paso Firemen and Policemen's Pension Fund Office Chase Tower, Suite 1616 201 East Main, El Paso, Texas 79901 AGENDA 1. Call to order. 2. Approve minutes of Board meeting held September 17, 2008. 3. Consideration and approval of the Financial Report for the month ending September 30, 2008. 4. Approve Pension Payrolls: Fire $ 1,596,747.59 Police $ 2,109,669.68 5. Consideration and action on service retirement: A. Robert E. Cox Fire Department B. Hector A. Garcia Fire Department C. Robert J. Coleman Police Department 6. Consideration and action on request for early retirement. A. Kenith R. Adcox Police Department B. Scott W. Graves Police Department 7. Consideration and action on request for BackDrop retirement. Ralph R. Faulkner Fire Department 8. Consideration and action on request for survivor benefits A. Mary N. Pritchett, survivor of Glenn W. Pritchett, Fire Department B. Jordan F. Ramey, survivor of Kenneth G. Ramey, Fire Department C. Mary S. Ross, survivor of Rex D. Ross, Fire Department D. Sandra A. Varela, survivor of Thomas Varela, Police Department 9. Portfolio review and presentation by Mr. Tim Campbell of Baillie Gifford. 10. Discussion and action on recent developments regarding the Securities Lending Program as presented by Mr. Don Anderson, Mr. David Smith and Mr. Michael Peska. 11. Discussion and action on up-date on the implementation and recent developments of the Pension Administration System by Mr. Andy Flewelling of L.R. Wechsler. 12. Discussion and action with the Stanton Group regarding the recent Actuarial Audit in accordance with the requirements under Texas Government Code Chapter 802.1012 for the period of September 1, 2003 through September 1, 2008. 13. Discussion and action on providing a Cost Of Living Adjustment to Staff in accordance to the latest CPI. 14. Discussion and action on expanding the composition of the Investment Committee. 15. Report of Executive Director. 16. Opportunity for Statements from Retired Members/Public. This portion of the agenda is for members, retirees, beneficiaries or the public to address the Board of Trustees on any subject within the Board's jurisdiction that is not on today's agenda. To address the Board during Non-Agenda Public Comment, you must complete a Request to Speak form and submit it to the Board Secretary before the meeting begins. To address the Board on a subject that is on today's agenda, you must submit a Request to Speak form before the item is called. These forms are located at the receptionist desk. The Chairperson will call your name to address the Board during Non-Agenda Public Comment or when your item is to be heard. Non-Agenda Public Comment is limited to 3 minutes per speaker and 15 minutes per topic. Public testimony on an item on the Agenda is limited to 3 minutes per speaker and 15 minutes per side. Additional time may be granted at the discretion of the Board. 17. Committee Reports: A. Actuary/Audit Committee B. Budget & Finance Committee C. Disability Committee D. Investment Committee E. Personnel Committee 18. For Notation: Cost of Living Adjustments A. Toney L. Brooker Fire Department B. Carlos G. Gonzalez Police Department C. Antonio Hernandez Police Department D. Carlos R. Andrade Police Department E. James S. Arbogast Police Department
19. For Notation: Death of member(s) A. Alfred P. McGill Fire Department B. Robert O. Waters Fire Department 20. For Notation: Refund of Contributions A. John P. Pennington, III Police Department B. Erik B. Ramos Police Department 21. For Notation: Payments to Service Providers A. Ferdinando Ins. Asso. $ 31,734.00 B. INTECH $ 38,858.02 C. Eduardo Miranda, Atty. (8/31/08) $ 225.00 D. Sheehan Phinney Bass + Green (7/31/08) $ 16,295.00 E. Summitt Strategies Group (3rd qtr) $ 47,938.50 22. Adjournment. The Board may retire into EXECUTIVE SESSION pursuant to the Texas Government Code, Section 551.071-551.078 to discuss any of the following: Section 551.071 Consultation with Attorney Section 551.072 Deliberation regarding real property Section 551.073 Deliberation regarding prospective gifts Section 551.074 Personnel matters Section 551.076 Deliberation regarding security devices Section 551.078 Deliberation regarding disability applicant's medical records Posted this 10th of October at 4:00 p.m. ________________________________ Sign Language interpreters will be provided for this meeting upon request. Request must be made to the Pension Office (telephone: 771-8111) a minimum of 24 hours prior to the posted date and time of this meeting. Copies of this agenda will be provided in Braille, large print or audiotape upon request. Request must be made a minimum of 48 hours prior to the posted time and date of the meeting.
|
| Retirement Benefit |
|
|
| | CONDITIONS: | | FEATURE: | BASE PLAN - FIRE | BASE PLAN - POLICE | 2ND TIER - FIRE | 2ND TIER - POLICE | | Participation | Automatic and mandatory upon certification
Probation period included | | Contribution | In most cases, automatic deduction from paycheck | | 15.28% of pay, excluding allowances | 13.89% of pay, excluding allowances | 15.28% of pay, excluding allowances | 13.89% of pay, excluding allowances | | Final Wages | The greater of the highest regular monthly compensation on which a Member made contributions to the Fund within that twelve (12) month period preceding June 30, 2007, or the average of the regular monthly compensation during the consecutive thirty-six (36) month period preceding retirement that produces the highest average. | The average of the regular monthly compensation during the consecutive thirty-six (36) month period preceding retirement that produces the highest average. | | The regular monthly compensation includes base salary plus longevity plus all incentive pays and excludes overtime pay and lump-sum payments for accrued vacation, holiday, birthday holiday and sick leave. | | Service Retirement | At least 45 years of age and 20 years of Vesting Service
Calculation: Final Wages x 2.75% x Credited Service
Maximum: 28 years of Credited Service, 77% of Final Wages | At least 50 years of age and 25 years of Vesting Service
Calculation: Final Wages x 2.50% x Credited Service
Maximum: None | | Early Retirement | Not yet 45 years of age and at least 20 years of Vesting Service
Reduced Service Retirement from age 45 - Early Retirement Reduction
Factor | Option not applicable | | Back DROP | At least 50 years of age and 20.5 years of Credited Service
May Back DROP a period of 6 to 36 months with at least 20 years of
Credited Service Remaining | At least 50 years of age and 25.5 years of Credited Service
May Back DROP a period of 6 to 36 months with at least 25 years of
Credited Service Remaining | | Disability Retirement | Disability sustained in the line of duty or through no fault of your own
Disability must be total and permanent
Unreduced Service Retirement, not less than 50% of Final Wages | | Deferred Retirement | At least 10 years of Vesting Service
Unreduced Service Retirement
Payments begin at age 50
No cost of living adjustment | At least 10 years of Vesting Service
Unreduced Service Retirement
Payments begin at age 50 | | Cost of Living Adjustment (COLA) | Begins the earlier of at least age 60
or 5 years after Retirement and
thereafter, each and every
January 1st
3% Compounded Annually
Applicable to all retirement types
except Deferred | Begins the earlier of at least age 60
or 2 years after Retirement and
thereafter, each and every
January 1st
3% Compounded Annually
Applicable to all retirement types
except Deferred | Option not applicable | | Refund of Contributions | Upon separation of employment, must have at least 5 years of Vesting Service
Refund of employee contributions only, without interest or employer portion
Forfeit rights to a Pension Benefit |
In the event of your death, the Fund may pay a benefit to your dependents, beneficiary, or estate. If you are eligible and have a qualified spouse or children, they will receive regular pension payments as long as they remain alive and qualified. A qualified spouse and child are defined as: Qualified Spouse:
- Has not remarried,
AND
- Married you before your retirement, or
- Married you after your retirement, but at least two years before your death Qualified Child:
- Is not married,
AND
- Is less than 19 years of age, or
- Is a full-time student less than 23 years of age, or
- Is physically or mentally disabled. If a child is at least 19 years old and is non-self-supporting due to drug or alcohol use, he/she
is not considered qualified, regardless of whether or not he/she is a full-time student, or is
disabled. In the event a deceased Member, not survived by a qualified spouse or children, dies from injuries received or disease contracted while in the line of duty, and is survived by a father, mother, brother or sister wholly dependent on the Member, such beneficiary shall receive the death benefit provided for under Section 10 of Article 6243b, V.A.T.S. If you do not have a qualified spouse, children or dependent, a lump-sum distribution will be paid to any beneficiary that you have designated in writing, or to your estate, provided you had at least five years of Vested Service at the time of your death. The lump-sum amount will include only your employee contributions (without interest) to the Fund. The amount of the death benefit payable depends on the Member's eligibility at the time of death. For more information, please contact the Fund's Benefits Specialist. NOTE: IN THE EVENT OF ANY CONFLICT BETWEEN THE ABOVEMENTIONED PROVISIONS AND ACTUAL PLAN PROVISIONS, THE ACTUAL PROVISIONS OF THE PLAN, AND NOT THE ABOVE SUMMARY WILL BE FOLLOWED.
Would you like to calculate the approximate value of your retirement benefit? Then, please click on the appropriate link below to access the on-line Service Retirement Benefit Calculator. Base Plan Member Second Tier Member The on-line benefit calculators are provided for illustration purposes only and based on the information you enter. It is not an official means of determining the benefit that may be payable. Your actual benefit calculation and the terms of such benefit are subject to the Plan Document governing the Fund. For a more accurate estimate, please contact the Fund's Benefits Specialist.
|
| Joe Alexander 09/2009 |
|
|
FYI,
Financial planner Joe Alexander will be back in town this week to help Local 51 members with retirement planning. He will fly in late Monday afternoon and leave Thursday morning. He will be at the FF's hall all day Tuesday and Wednesday Sep. 1 and 2. Joe can also meet with you in the evening if he has an opening. Make an appointment and take advantage of this valuable service. It is free to all members of Local 51. Call him at 972-896-5600 or shoot him an email at Joe@alexfm.com. Call or send me an email if you have any questions.
Paul Thompson
256-8094
|
Page Last Updated: Jun 10, 2014 (12:18:14)
|
BrdAgenda09_08.pdf