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01-28-1971 Regular Meeting• • MIAMI SHORES VILLAGE PENSION BOARD MEETING January 28, 1971 A meeting of the Miani Shores Village'Pension board was held on January 28, 1971, at Uncle John's Pancake House, Biscayne Blvd. The following were present: John W. McIntyre Michael Franco Glen Byrd Edwin B. Cole Walter P. Davidson Gerald McFarlin Absent: M Don. G. Nicholson In the absence of Mayor Nicholson, Mr. Franco haired the meeting. Minutes of the last meeting were read and approved. The application for retirement and certification by the actuary on Florence Kip Blair was read. Mr. Cole moved that the application be approved. The motiom:was seconded by Mr. Davidson, and passed unanimously. The meeting adjourned at 8:50 a. m. APPROVED: Respe tfully submitted 4 ,. r `7 %'1 Secretary • Date: January 7,1971 Pension Board Miami Shores Pension Pial Miami Shores, Florida Gentlement I hereby apply for a service retirement annuity in accordance with the provisions of Miami Shores Pension Plan to take effect as of February 26, 1971 as of which date I discontinued service with Miami Shores Village. I desire to avail myself of the Reversionary Annuity Option under the Flan and hereby designate my who is dependent upon me, as my beneficiary, I wish to provide for my beneficiary an annuity equal. to % of the amount of my annuity'® I was born on February 23.1900 My beneficiary was born on ./4 Yours very truly, EI 4 . 4.,,c_. * To be verified by the Board. Copy of birth certificate enclosed, rough of ,i I'f 'DF NE' . pk DEPARTMENT OF BUREAU OF Vf1r+' RECORDS AND SIATISTICv' FrROOKjYN , New York, N. 'r ':',tostatic copy of a certificate on file it the tiurcou 4 i.. n. r t r�..,,>nt ,: fr y�xF of hrr e'ay o� tyn, Y' .r:. 1 STATE O]' NEW. YOZi$. CERTIFICATE AND RECORD OF BIRT ��. of, child, r•Qe,u c z.;:dhrte,, u:;,t: Jq; tmeendhAdrea of peraoa ((,5'ijrzaGuro, y z n+ukiagthia report % .&(2 nce, :C'rir it • Ii iri2 ,7.l Assisiont Rrga!rd/.;c• ,WARNING: DO NOT ACCEPT THIS TRANSCRIPT UNLESS AL OF THE DEPARTMENT OF HEALTH . IS AFFIXED THEREON. I! :)UCTION OF THIS TRANSCRIPT IS PROHIBITED. ori:, .:upy THOMAS J. DUFFIELD ...... Rugistror of Records Br • .NOTICE; In issuing this transcript of the Record, the Departm,..r' of the City of Now York does not certify to filo truth of thl•,statrrnent; mu.! • hs no inquiry as to the facts has ben provided by law: RETIREMENT PLAN FOR EMPLOYEES OF MIAMI SHORES VILLAGE Revised Calculation of Late Retirement Income 1. Name 2. Date of birth 3. Date of employment 4. Normal retirement date 5. Late retirement date 6. Credited service at LRD - Deduction made for leave of absence from December 30, 1954 to March 27, 1955 7. Age of participant as of late retirement date 8. Final monthly compensation Basic Compen- No.of Year sation paid Months 1970 1969 1968 1967 1966 $ 6,168.00 $ 6,006.00 $ 5,590.00 $ 5,317.00 $ 5,057.00 $28,138.00 9. Accrued monthly retirement 12 12 12 12 12 60 income Florence Kip Blair February 23, 1900 January 19, 1953 March 1, 1965 March 1, 1971 17.833 years 71.000 years $468.97 as of March 1, 1971 $167.27 Based on information supplied by the Village and the provisions of the plan, the monthly late retirement income payable to Florence Kip Blair is $167.27. The first payment is due on March 1, 1971 with subsequent payments due on the first day of each succeeding month and the last payment being the payment due in the month in which death occurs, or the 120th payment, whichever is later. Certified by: THE WYATT COMPANY Actuaries for Plan Prepared by:► Reviewed by:5114/U Larry H. itzner Owen C. Schlaug, Jr., A.S. Consultant Associate Actuary 3/25/71 THE Wall/ COMPANY