Board of Police & Fire Pension Fund Commissioners Meeting
1. CALL TO ORDER
2. ROLL CALL
3. PUBLIC COMMENT
For persons desiring to address the Commission/Committee/Board on an item that is not on the agenda please note that each speaker is limited to three (3) minutes. The Brown Act limits the Committee’s ability to take and/or discuss items that are not on the agenda; therefore, such items are normally referred to staff for comment or to a future agenda.
4. REPORTS
4-1. Vicken Ekmekjian of Atlantic Trust presenting investment performance report for the quarter ended March 31, 2013.
5. DISCUSSIONS AND POSSIBLE ACTION ON MATTERS RELATED TO THE FOLLOWING ITEMS:
5-1. Calculation of underpayment to Melvin Boyd due to error in previous Police Memorandum of Understanding. See attached spreadsheet of retroactive calculations.
Staff recommendation: Review calculations of underpayment and approve lump sum retro. payment to Melvin Boyd in the amount of $10,473.76 and corrected April 2013 payment of $6,479.89 for a total payment of $16,953.64.
5-2. Approval of pension payments for the month of April 2013 in the amount of $122,761.45
Staff recommendation: Approve
6. ANNOUNCEMENTS/COMMUNICATIONS
7. FUTURE AGENDA ITEMS
(Commission/Committee/Board Member announcement of requests for future agenda items. No public comment will be taken on announcement of future agenda items).
7-1. The next regularly scheduled Pension Board meeting will be held on Tuesday May 28, 2013.
8. ADJOURNMENT
The Commission/Committee/Board packet is available for public inspection at the Albany Library, Fire Department and City Hall. The agenda and supporting staff reports, if available, can be found on our web page at www.albanyca.org.
Please note that if you provide your name and address when speaking before the Commission/Committee/Board it will become part of the official public record, which will be posted on the Internet.
Date posted: Thursday, April 25, 2013
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