Board Agenda 02-13-14 - Quarterly
CITY OF ATLANTIC BEACH
BOARD OF TRUSTEES OF THE ATLANTIC BEACH PENSION FUNDS
BOARD MEETING AGENDA FOR
February 13, 2014 at 6:30 P.M.
Call to Order both boards
Courtesy of the Floor
to Visitors
Approval of the Minutes for January 9, 2014, Police Officers’ board meeting – (1)
Approval of the Minutes for January 9, 2014, General Employees’ board meeting – (2)
Board
Member Composition
We have two board member term expirations this month, Vic Gualillo on 2-28-2014 and Timothy Townsend on 2-16-2014. An election is being conducted now. They are both
employee member selections. – (3-4)
Quarterly meeting dates for 2014. Are May 15, August 14 and November 13
Financial Expenditures through December 31, 2013 – Police Officers’ Pension
Fund – (5)
Financial Expenditures through December 31, 2013 – General Employees’ Pension Fund – (6)
To be discussed by Michael O’Shields, Morgan Stanley Smith Barney :
Update of the
Investment Performance for the Police Officers’ since the last meeting on January 9, 2014.
Update of the Investment Performance for the General Employees’ since the last meeting on January
9, 2014.
Pension Board Attorney to discuss matters of interest to the General Employees’ & Police Officers’ Pension Board – Pension Board Attorney Scott Christiansen of Christiansen
& Dehner, P.A
Approval of Benefit Changes – General Employees – (7)
Discuss the Thirty and Out provision – (8)
Actuary Report – Police – Separate Document Provided
Actuary Report –
General – Separate Document Provided
Discuss outsourcing Pension administration and or custodianship.
Any New Business
Adjournment – Police
Adjournment – General
CITY OF ATLANTIC
BEACH
GENERAL EMPLOYEE’S PENSION BOARD OF TRUSTEES:
4 year term; no term limit
Business Home Term
Name and Address Position Phone Phone Expire
Employee Elected
Timothy
Townsend Chair 247-5839 247-5839 02/16/14
902 Assisi Lane
Atlantic Beach, FL 32233
ttownsend@coab.us
Employee Elected
Dennis Roberts Member 705-5858 705-5858 09/24/14
800
Seminole Road
Atlantic Beach, FL 32233
droberts@coab.us
Civilian Appointed by Commission Member 247-1873 247-1873 12/31/15
Michael Diaz
1490 Selva Marina Drive
Atlantic Beach, Florida
Mikediaz_us
@yahoo.com
Civilian Appointed by Commission
Alan Gleit Secretary N/A 241-9966 10/11/15
10 Tenth Street
Unit 32
Atlantic Beach
agleit@hotmail.com
Resident selected by Board,
Confirmed by Commission
Gil Flores Member 247-5830 247-5842 05/09/15
1100 Sandpiper Lane
Atlantic Beach, FL 32233
gflores@coab.us
CITY OF ATLANTIC BEACH
POLICE EMPLOYEES’
PENSION BOARD OF TRUSTEES:
4 year term; no term limit
Business Home Term
Name and Address Position Phone Phone Expires
Employee Elected
Vic Gualillo Chair 247-5859 N/A 02/28/14
Atl
antic Beach Police Department
850 Seminole Road
Atlantic Beach, FL 32233
vgualillo@coab.us
Employee Elected
David Cameron Member 247-5859 N/A 08/01/17
Atlantic Beach Police Department
850
Seminole Road
Atlantic Beach, FL 32233
dcameron@coab.us
Civilian Appointed by Commission
William (Bill) T. Tomson Member 853-6985 12/31/17
377 12th Street
Atlantic Beach, FL 32233
williamtomson
@gmail.com
Civilian Appointed by Commission
John Wolfel Vice Chair 699-8887 10/11/17
435 Inland Way 241-9800 (FAX)
Atlantic Beach, FL 32233
John.Wolfel@comcast.net
Resident
selected by Board, Confirmed by Commission
Tim Saggau Member 838-3900 241-4694 06/10/15
2032 Duna Vista Court
Atlantic Beach, FL 32233
Timsaggau@yahoo.com
Recent Changes
to Benefits
Ledgister, Paul (general) Retired 01/07/14
Brown, Roosevelt (general) Death 01/26/14