12-17-1963 Regular MeetingMIAMI SHORES VILLAGE
PENSION BOARD MEETING - DECEMBER 17, 1963
A meeting of the Miami Shores Village Pension Board was held
on December 17, 1963, 3:00 P.M., at the Village Hall. The following
members were present:
Mayor Ray L. Clement, Chairman
C. Lawton McCall, Village Manager
John W. McIntyre, Secretary & employee representative
Stuart A. Senneff, Chief of Police
John F. Saxon, Councilman
Mrs. David Cunningham, citizen
Absent: J. Harrell Powell, citizen
Minutes of the last meeting were approved as written.
A resolution on the retirement of CHARLES H. MARKEL was read
and upon motion made by Chief Senneff and seconded by Mrs. Cunningham,
Resolution No. 8 was unanimously passed. A copy of said Resolution is
attached hereto and made a part of these minutes.
Chief Senneff proposed that our actuary be asked that if, after an
employee serves ten years, he can be given the one year that is now held
back by the rules of the Pension Plan. He also stated, "If the above
suggestion is adopted I would like to know if the money which is now used
to pay up our back time (approximately $8, 000) and which will be paid up
in full in 1966, will be sufficient to pay the employee's part and also the
part paid by the Village for this one year for employees then in service
over ten years. "
The meeting adjourned at 3:30 P. M.
Respectfully submitted,
APPROVED: