HomeMy WebLinkAbout04272005 PRB
CALL TO ORDER: 10:05 a.m.
SEBASTIAN POLICE OFFICER PENSION PLAN
BOARD OF TRUSTEES
Special Meeting No. 02 --005
Wednesday, April 27, 2005
City Hall HR ConferenceRoom
ROLL CALL:
Members Present -Mr. Sexton, Mr. Hovasse, Mr. Taracka, Mr. Perez, Mr. Wheeler
NEW BUSINESS:
Discussion about switching to local law plan from a chapter plan. Specifically whether the Board
wanted to lIUthorizethe fees to- pay Foster and Foster for the research.
The advantages to changing the plan: flexibility of offering :benefits to-the- members.
HQvasse -made a- motion-to authorize up to $4500 to pay-Foster and Foster fees for -changing the
pension plan from a chapter plan to a local law plan. Taracka seconded the motion. Motion passed
4-"L-Sexton was the nayvote.
Being no other business, the meeting adjourned at 10:20 a.m.
Minutes submitted by Jim Sexton, pensionBO~! ? J / oS