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 09/10/14




 City Hall Council Chambers

1776 Independence Lane – Maitland, FL  32751

 Wednesday September 10, 2014 @ 12:00 Noon

Please note:  more than one (1) member of the City Council may

Be present at this meeting and may speak



I.                   Call to Order:

Police Chief Doug Ball, Fire Chief Kimberly Neisler, Battalion Chief Chris Morton, Assistant Fire Chief Charles Van Camp, Lt. Jeff Harris, Sgt. Ray Link, Finance Manager Mr. Jerry Gray, Mr. David O’Connor and Mr. Phillip Senderowitz




II.                Public Comments:


III.             Approval of Minutes:

a.       June 11, 2014


IV.          Consent Agenda:

                     For Ratification = Warrant# 179-181                

a.       Benefits USA, Inc. (June 2014 monthly admin. fee plus postage re: 6/11/14 pkgs.)    $  1,274.48

b.      The Bogdahn Group (4/1/14-6/30/14 consulting fees Inv.#10482 dtd. 6/13/14)                      $  6,250.00

c.       Foster & Foster (Inv#6089 dated 6/3/2014)                                                                 $13,483.00

d.      ASB Real Estate Investments (Invoice dtd. 7/29/14 for Qtr. ending 6/30/2014)                       $  3,628.02

e.       Benefits USA, Inc. (July 2014 monthly administration fee)                                        $  1,200.00

f.       FPPTA (Fall Sch. Reg. 10/5-8/14 Bonita Springs, FL -6 Trustees plus CPPT reg.x2)     $  4,500.00

g.       Klausner, Kaufman, Jensen & Levinson (Legal retainer and services thru 6/30/14)    $  5,146.35

h.      Rockwood Capital Advisors (Inv. received 7/24/14 re: Period 4/1/14-6/30/14)                       $  4,614.93

i.        Sawgrass Asset Mgmt. (Mgmt. fees re: period ended 6/30/14 Inv.dtd. 7/7/14)             $  5,306.00

j.        Benefits USA, Inc.(August 2014 monthly administration fee)                                                 $  1,200.00

k.      Chris Morton (Per Diem Exp. re: FPPTA Sch. Oct. 5-8, 2014 Bonita Springs FL)                    $       99.00

l.        Charles Van Camp (Per Diem Exp. re: FPPTA Sch. Oct. 5-8, 2014 Bonita Springs FL)            $       99.00

m.    David O’Connor (Per Diem Exp. re: FPPTA Sch. Oct. 5-8, 2014 Bonita Springs FL    $       99.00

n.      Jeff Harris (Per Diem Exp. re: FPPTA Sch. Oct. 5-8, 2014 Bonita Springs FL)                        $       99.00

o.      Ray Link (Per Diem Exp. re: FPPTA Sch. Oct. 5-8, 2014 Bonita Springs FL)              $       99.00

p.      Jerry Gray (Per Diem Exp. re: FPPTA Sch. Oct. 5-8, 2014 Bonita Springs FL)                        $       99.00


V.             Investment Management Reports:- Quarter ended 6-30-14

            a. The Bogdahn Group-  


VI.          Distributions:

                   a. John Schardine -   Distribution of Share Plan balance as of 9/30/2013

                   b. John Schardine  -  Rollover Distribution of DROP Assets

                   c. John Schardine -   Cash Distribution of DROP Assets

                   d. Max Vose-             Refund of Contributions- Cash distribution



VII.    Unfinished Business:

                a. Review for Approval of Updated Summary Plan Description

                b. Access to Online Calculator- Foster & Foster email confirmation dated 8/21/14 re: Cost



VIII.  New Business: -                             

a. John Schardine - $3,586.07- 100% J&S  Pension Effective 7/1/14 (Exited DROP 6/30/14)

b. Gregory Fox-      $3,908.75-50% J&S – Pension Effective 8/1/2014

c. Review of Professional Services (Administrator, Custodian and Legal)

d. Service Provider Fee Summary Sheet

e. Pension Board Application for Citizen’s position (Notice to the Board)

f. Investment Return Analysis (Foster & Foster email dated 7-28-2014)

g. Update re: State Insurance Premium Tax (175/185) email dated 6-18-2014



IX.       Reports:

    a. Attorney-             

    b. Chairman

    c. Administrator-    

    d. Correspondence –

         Termination of Rockwood and R& D Instruction Letter 

         Ltr. of Approval from the State dtd. 7/21/2014 re: 2013 State Report

         Email dtd. 7/11/14 re: Salem Trust Company established procedures re: email requests



X.          Next Regular Meeting Date:  December 10, 2014 @  12:00 Noon



XI.       Adjournment:


Any person who desires to appeal any decision made at this meeting or hearing will need 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.



In accordance with the Florida Statutes, this Board/Committee finds that a proper and legitimate purpose is served when members of the public have been given a reasonable opportunity to be heard on substantive matters before the Board/Committee, with a few limited exceptions as provided in Florida Statutes, section 286.0114.  For this purpose, members of the public will be allotted three (3) minutes each for comment at each meeting.



Archived Agendas and Minutes


Website Design and Content Management by JSS Enterprises, Inc.