11-14-24 PBOT Adopted MinutesMINUTES
Police Officers' Pension Board of Trustees
Meeting
Thursday, November 14, 2024 - 6:30 PM
Commission Chamber
Present: Charles "Chase" Jamison, Member
Tim Anderson, Secretary
Robert (Bob) Liggero, Resident Member Selected by Board; Confirmed by
Commission
Absent: John Miller, Vice Chair
Also Present: Brittany Percell, Finance Director (FD)
1. CALL TO ORDER
Meeting Called to Order at 6:36 p.m.
2. COURTESY OF THE FLOOR TO VISITORS
One Visitor. No. Speakers.
3. APPROVAL OF MINUTES
A. Approve minutes of the May 9, 2024 regular meeting of the Police Officers'
Pension Board of Trustees.
MOTION: Approve the minutes as presented for the meetings held on May 9th and August
8th, 2024.
Motion: Robert (Bob) Liggero
Second: Charles "Chase" Jamison
Charles "Chase" Jamison (Seconded By) For
Tim Anderson For
Robert (Bob) Liggero (Moved By) For
Motion passed 3 to 0.
B. Approve minutes of the August 8, 2024 regular meeting of the Police Officers'
Pension Board of Trustees.
MOTION: Approve the minutes as presented for the meetings held on May 9th and August
8th, 2024.
Police Officers' Pension Board of Trustees
November 14, 2024
Page 1 of 3
J ` 1
Motion: Robert (Bob) Liggero
Second. Charles "Chase" Jamison
Charles "Chase" Jamison (Seconded By) For
Tim Anderson For
Robert (Bob) Liggero (Moved By) For
Motion passed 3 to 0.
4. REPORTS
A. Recap of investment performance for period ended September 30, 2024
MOTION: Approve changes as recommended.
Motion: Robert (Bob) Liggero
Second: Tim Anderson
Charles "Chase" Jamison For
Tim Anderson (Seconded By) For
Robert (Bob) Liggero (Moved By) For
Motion passed 3 to 0.
5. DISCUSSION WITH PENSION BOARD ATTORNEY
- Affidavits
- Reminder of State Ethics Laws
- Reminder of Educational Opportunities
- Charitable Donations of Behalf of the Board (Towards Hurricane Relief)
6. OLD BUSINESS
A. Update on Cost of Living Adjustment
COLA Ordinance Is Expected To Be On The December 9, 2024 Commission Agenda
And Will Have An Effective Date Of October 1, 2024
B. Adopted FY2025 Police Officers' Pension Plan Budget
MOTION: Approve the FY25 budget as presented.
Motion: Robert (Bob) Liggero
Second. Tim Anderson
Charles "Chase" Jamison For
Tim Anderson (Seconded By) For
Police Officers' Pension Board of Trustees
November 14, 2024
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7.
8.
Attest:
Robert (Bob) Liggero (Moved By)
Motion passed 3 to 0.
NEW BUSINESS
A. Meeting Dates In 2025:
February 13, 2025
May 8, 2025
August 14, 2025
November 13, 2025
For
MOTION: Approve the meting schedule as presented but expecting August and November
meeting dates to change.
Motion: Tim Anderson
Second. Charles "Chase" Jamison
Charles "Chase" Jamison (Seconded By)
Tim Anderson (Moved By)
Robert (Bob) Liggero
Motion passed 3 to 0.
ADJOURNMENT
Meeting adjourned at 8:07 p.m.
Brittany Percell, Plan Administrator
For
For
For
Robert (Bob)'f i ro, Chair
Police Officers' Pension Board of Trustees
November 14, 2024
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