City of Maitland

Maitland News


Online Forms

City Documents

About Maitland


Privacy Statement

Contact Us

RSS Feeds


Press Releases

Sign Up for Phone App

Subscribe to eNewsletter

Find Us On Facebook


Connect with us on Nextdoor


Police and Fire Pension Board Meeting
Pension Board 03/03/10


New Police Department Building,
1837 Fennell Street, Maitland, FL 32751
 Wednesday March 3rd, 2010 @ 6:30 p.m.
Please note: more than one (1) member of the City Council may
be present at this meeting.
I.                  Call to Order:
Chairman Doug Kinson, Chief Doug Ball, Chief Ken Neuhard, Battalion Chief Jeffery Hite, Battalion Chief Chris Phelps, Sgt. Jeff Harris, Lt. Dayne Krout, Mr. Phillip Senderowitz and Mr. David O’Connor
II.               Approval of Minutes:
a.       December 2, 2009
b.      February 23, 2010 Special Meeting
III.        Consent Agenda:
                     For Ratification = Warrant# 91-94
                     a. Benefits USA, Inc. ( December 2009 monthly administration fee )                                            $   1,200.00
                          b. Brandywine Global(3rd Qtr. 2009 Investment fee, Invoice dtd. 11/10/09)                 $  7,715.55
                           c. Benefits USA, Inc.(January 2010 monthly administration fees)                                   $  1,200.00
                           d. Dahab Associates, Inc., (3rd Qtr. 2009 Full service retainer)                                         $  4,000.00
                           e. Gabriel Roeder Smith & Co.(Inv.#110466 services through 12/31/09)                         $   1,706.00
                             f. Klausner & Kaufman (Legal services rendered thru 12/31/09)                                      $       431.32
                           g. Salem Trust Company(4th Qtr. 2009 custodian fees, Inv. dtd. 1/14/10)                       $    3,843.01
                           h. Sawgrass Asset Mgmt.(4th Qtr. 2009 Mgmt. Fees, Inv. dtd. 1/11/10)                           $    5,862.00
                           i.  Benefits USA, Inc. (Feb. 2010 monthly admin. fee & UPS chgs. re: 12/3/09 Pkgs.)$   1,254.96
                           k. Klausner & Kaufman(1st Qtr. 2010 Legal fees; Inv. dated 1/29/2010)                           $  4,931.32
                           l. City of Maitland(FYE 9/30/09 reimbursement for pension expenses)                     $  1,038.67
                          m. Jeff Hite( Per Diem re: Klausner & Kaufman Conference 3/21-24/10)                         $        57.00
                           n. Kenneth Neuhard(Per Diem re: Klausner & Kaufman Conference 3/21-24/10)      $        57.00
                           o. Phil Senderowitz( Exp. Reimbursement re: FPPTA Conf. 10/4-7/2009)                   $      656.80
IV.      Presentation
a.       David Mases – Litigation (6:40 p.m.)              
V.          Money Manager Reports: Quarter ended- 12-31-09
a.      David Furfine, Portfolio Manager for Bond Manager Sawgrass (7:15 p.m.)
VI.      Annual Valuation Report
a.      GRS – Steve Palmquist
VII.   Consultant Reports:
a. Dahab Associates – Mr. Grant Kalson
VIII. Distributions:
a.    Peter Stephens-              Monthly Pension -$3,357.24- Effective 2/1/10(10YCL)          
b.   Peter Stephens-               DROP Distribution -$248,054.13- Rollover
                                                                        (transfer of funds required)
         IX.    Unfinished Business:
                      a. Fee Comparison – Bundled Management to existing (Secretary Neuhard)
b. Share Plan Status (Secretary Neuhard)  
X.  New Business:
a.        Pete Stark – Application for Disability
XI. Reports:
a.    Attorney
b.    Chairman
c.     Administrator
d.    Correspondence- Brandywine 4th  Qtr. 2009 Report Summary
                               Termination of survivor benefits- Donna Falkingham (deceased)
XII.      Adjournment:
Any person who desires to appeal any decision made at this meeting or hearing will need to a record of the proceedings and, for this purpose, may need to ensure that a verbatim record of the proceedings is made which includes testimony and evidence upon which the appeal is to be based. Persons with disabilities needing assistance to participate in any of the proceedings should contact the City Clerk’s office (407 -539-6219) 48 hours in advance of the meeting.

Archived Agendas and Minutes


Website Design and Content Management by JSS Enterprises, Inc.