04-05-1977 Regular Meeting•
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APRIL 5, 1977
PENSION BOARD MEETING
A breakfast meeting of the Miami Shores Pension Board was held on Tuesday, April 5th
at the Mr. Adams' Restaurant at 9099 Biscayne Boulevard. The meeting was scheduled
for the Howard Johnson's Restaurant, but had to be moved at the last minute because
the restaurant was unable to provide the room needed as originally promised.
The following Board Members were present: Donald W. McIntosh, Earl K. Andersen,
John Fletcher, Ann Vigneron, Robert Day, and Dean Miller. Also present were: William
Fann, Michael Franco, Wallace Wilson (Wyatt Co.), and Jim Glaid.
Absent was: William Al Davis.
The meeting began at 8:30 a.m. with the acceptance of the minutes of the previous
January 11, 1977 meeting.
Mr. Wallace Wilson presented a brief review of the Actuarial Valuation Report as of
January 1, 1977 (report dated March 7, 1977). Discussion afterward was not lengthy,
and the motion to accept the report, as written, passed unanimously.
A discussion was held on the request by the Village Manager, Earl K. Andersen, to join
another pension plan other than the Village Plan. A motion was made by Don McIntosh
and seconded by Bob Day to recommend to Council that they consider Mr. Andersen's
request. The motion passed unanimously.
Bill Fann reported to the Board that he is still studying the request by the State of
Florida for refund of Chapter 175 monies.
Although not on the agenda, a motion was made by John Fletcher to recommend to Council
that they appoint a regular employee to the Pension Board. It was suggested by
several, including the Chairman, that this be a recommendation for Councils' future
consideration.
The meeting was adjourned at 9:25 a.m.
APPROVED:
Respectfully submitted,
James A. Glaid
Secretary
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F L OR ID A
March 15, 1977
ALL PENSION BOARD MEMBERS
There will be a breakfast meeting of the Pension Board at the Howard John—
son's Restaurant on 95th Street and N. E. 2nd Avenue on Tuesday, April 5th
at 8:15 a.m.
The agenda will include:
1. Reading the minutes of the last meeting (January 11, 1977).
2. Acceptance of the yearly "Actuarial Valuation" report.
presentation by Wyatt Company's Mr. Wallace Wilson.
3. Discussion on request by Village Manager to join another
pension plan other than the Village plan.
4. Current status of the request by the State of Florida for
refund of Chapter 175 monies. Report by Bill Fenn.
JAMES A. GLAID
Pension Board Secretary
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