FMTF12-16-04DOARD OF TRUSTEES
Florida Municipal Trost Fund Retirement Pian and'frust
[or the Firefighters and Pollee Oticers
Longwood Ciry Commission Chambers
1]5 West Warren Avenue
Loagwom, Fords
REGULAR M6E'ITNG
MINUTES
December lb, 2004 ]:00 p. m.
PresevL Jack Smythers, Chair
James Seibert, Vice Chair
Robert Redditt, Secretary
Carol Rogers, Financial Services Director
Linda Gott, Recomling Secretary
Absent: Shawn Anasmsia. Member
CRnI Gioielli, Member
1. Cxli to Order. Chair Smythers called the meeting w oMer at ]'.12 pm
2. Approval of Minutes-Septeober 21, 2004 Regular Meeting.
Vice Chair Seibett moved w approve the September 21, 2004
minutes as presen[ed. Seconded by Secretary Reddin.
Chair Smythers a[ed Member Ana is had reported on ring
with Ms. AOgers and the firefighter plan embers. He inquiredef the
ending is as had been addressed. He also inquired if the
individual statements had bean distnbuted.
Ms-Rogers tat d they w ring a response Nom the actuary
regarding one iseue. She repotted the satemevts were beivg prepared.
Motion carried by a Dice vole wi[h Members
Anastasia and Gioielliiabsentus v
3. Rm'iew of Agenda Packet Material.
A. Plan ACCOUn[Statemenis.
l'he Ouober 2004 monthly statement end the year end stetemem Nom Octobu I.
2003 to September 3q 2004 were reviewed.
Ms. Rogers pointed out the state foods had been deposited and wam rewrded
under Ezc s. Sher wed the yea end statement and stated she was
pleased to see earnings of 8 99° o in comparison against a benchmark of 9 4]%.
Secretary Redditt asked what the distributions represented on [he statement.
Ms. Rogers reviewed the various distributions. She stated one example would be
if an employee lea es prior to bewming vested, the funds would be disbursed.
4. Other Rusioess. None.
5. Member Comments.
Secretary Redditt asked if the plan members received individual account
M.c Rogers reimra[ed that the individual statements were errantly being worked
on end would ba mailed to plan members.
b. Poblie Partleipation. None
]. Adjournment. Chair Smy[hers adjourned the meeting at']:30 p.m.
Smymere, Cnao-i
ATTEST:
Linda F. GoR, R¢cor erg 5eeretary