FMTF09-21-04BOARD OF TRUSTEES
Flotltle Municipal Trust Funtl Retirement Plan antl Trust
he FlrefgH[ers antl Police Officers, Lity o(Longwcotl
Commission Lhamberm.lJS W. Wartan Avenue, Longwvotl, Flontla
REGULAR MEETING
September 21, 2006 Minutes J:00 p.m.
Present, ck Smythers, Chair
James SeibeR, Vice Lheir
Robert RetltliH, Secretary
Shawn Anastasia, Member
Clint Gioielli, Member
Debby Reimerm, Recording Secretary
Llntla GoH, Deputy City Clerk
1. Lall to Ortlar.
Chair Smythers called the meeting to order at J:DD p.m.
2. Approval of Minu[ea, JUrre 15, 2004 Regular Meeting.
Vlce chair SemeH moved to approve the June 15.2004 minNes as
preseMetl. Sewntletl by Secretary Retltlht antl cametl by a
GhairSmythers discussetlale0er to Garcl Rogers, Financial Services DireCOr. tlaletl
September 10 2004, tram Ne State Depadment of Management Services, Municipal
Police Officers' antl Firefighters' Retirement Trust Funtls. He notetl that they were
requesting atldtlional intormalion for the Longwootl Police Officers antl Firefighters
Pension Funtl: and withholding the 2003 premium tax moneys, gentling a resolution of
these issues. He said he woultl contact Ms. Rogers concerning the matter antl report
10 the boartl at the neM meeting. He requestetl (his matter be placetl on the next
meeting agentla.
3. Revlew of Agentla Packe[Material.
A. Plan Account Statements.
The memders reviexetl the plan account statements.
Discussion was held regaMing the plan.
Further tllscussicn ensuetl regartling the letter hum the DeparVnent 0f
M nagement Services.
Chair Smythem asked the boartl it (here were any comments on last quaneYs
investments.
4. The 36'"Annual Police ORCers'&Firefignters'Pension Conference.
cnao- smnhers states he nod prev usN anertletl ome onhe mnreremoas am
cons~aeretl it to be very'mfornative and beneficial.
Members of the boaN expressed an interest in aXending the conference.
Secretary Reatlltt moved to approve expenses far members who
tl the conference. Seconded by Member Gioielli an0
tamed by a unanimous voice vole.
5. Member Ggmmente.
Member Gioielli Inquired aboN Ne meeting wAh Ms. Rogers and the frelignter plan
Member Anastasia said the meeting witM1 MS. Rogers ent verywell. She reviewed
the plan and answered tneir questions. He stated Ms. Rogers was looking Into
I information and would again be meeting wim (he plan members. He
suggested when new members were employed, the plan be explained to Nem al loaf
point. He rtatetl he wanted the ArelgMer members to be well infornetl.
Discussion was held regarding Ne Stale Retirement Plan and the Flontla Leaque of
abes vlar.
Secretary Retltlrtt inquired dine plan members received annual individual statements
forecasting meir retirement benefit.
Member Anastasia and Member Gioielli both indicated they did not believe (hey had
received an annual statement tram the Florida League of Cities.
Secretary RetltlM said that issuing annual statements to the plan members should be
stand Npractice.
Vice Chair Glebett suggested a handbook explaining the plan be made available to
new members.
Member Gioielli said tie spoke with Paul Snamoun, Plan AtlminisYrator, ham the
Flontla League of CM1ies; wno state0 the City of Longwood nod one of the best
enl plans. He stated Mr. DraAO met won the board al a prior meelinA to review
the plan and the information tie provided was very informative.
Cnair smNhers asked the board if they walled to consider changing the next meeting
sghetluletl ror December 21, 2006.
us of Ine board to reschedule the December 21, 2004 Pension
Board meecf~inq en
Ms. Reimers was asked to reschedule the meeting to pecember 13, 2004, contingent
upon availability oftne chambers.
8. Public Participation. None.
]. AE~oummenr. Chair Smythers atlloumetl the meeting at J:55pm.
i~~~~
J Smymers, Chair
ATTEST:
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--BeeeyReimer5, Recortlin9 9ecreury
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