Carbondale Reporter

Carbondale Police Pension Fund Board met March 21.

Here is the minutes provided by the Board:

1. Call to Order / Roll Call

The City of Carbondale Police Pension Board of Trustees held a meeting on March 21st, 2017, at the Carbondale Civic Center, Room 103, 200 South Illinois Avenue. Mark Goddard called the meeting to order at about 1:30 p.m.

Roll Call

Present: Mark Goddard, Paul Echols, Anthony Williams, Don Priddy, Jeff Davis.

Absent: None

Acknowledgement of Guests

Also present were Senior Accountant Becky Applegate, Pension Board Attorney Dennis Orsey (via phone), and investment advisor Patrick Donnelly.

2. Public Comments

None

3. Reading / Approval of Minutes

Minutes from February 21st, 2017.

Motion: Davis moved, Echols seconded, acceptance of minutes, with the 2017 COLA adjustments to be attached. All voted aye. Motion carried.

4. Correspondence

None.

5. Bills

A) City recently purchased a printer used by B. Applegate for the purpose of printing pension related material. Motion: Echols moved, Davis seconded to pay $94.03 to reimburse the city for the printer. Roll call vote: all voted yes. Motion carried.

6. Treasurer’s Report

Davis presented the treasurer’s report. Fund approximate value is currently $24.3 million.

Motion: Echols moved, Priddy seconded motion to accept treasurer’s report. All voted aye. Motion carried.

7. Investment Report

Patrick Donnelly provided an investment report to the board and discussed investment strategy with the board.

Motion: Priddy moved, and Echols seconded motion to accept the investment report. All voted aye. Motion carried.

8. Old Business

A) Discuss status of disability reviews

1) Attorney Orsey recommended sending Julie Phillips to a Dr. Brody, who other boards have used in similar instances. The cost would be approximately $900 for a visit. It was recommended that the board establish a $500 pre-approved spending limit that would not require pre-authorization, to be placed on the doctor should any additional tests be needed.

Motion: Priddy moved, Echols seconded to have Attorney Orsey send Phillips to Dr. Brody, and establish a pre- approved $500 spending cap for new tests. Roll call vote: all voted yes.

2) Dan Rice’s review is on hold pending identification of a doctor who specializes in closed head injuries.

3) Attorney Orsey recommended a Dr. Robson, who specializes in spinal issues, and who other boards have used in similar instances, to evaluate Jeff Vaughn. Dr. Robson charges approximately $1,400 for visits (including $200 pre-pay fee).

Motion: Williams moved, Davis seconded to have Attorney Orsey send Vaughn to Dr. Robson and approve the fee of $1,400. Roll call vote: all yes.

B) Attorney Orsey indicated that he has received a disability application from Trey Harris, and is still awaiting a medical release.

C) All board members indicated that they have filed their economic interest disclosure forms.

D) All board members except Priddy have completed 2016 training requirements. Priddy lacks 8 hours, but is in the process of reviewing the on line training.

E) It is possible the Echols reappointment to the board will be on the agenda for the April 24th city council meeting.

9. New Business

A) In regards to the benefit amount being received by Paula Buritsch, there was more information needed to come to a resolution.

Motion: Williams moved, Priddy seconded the matter be tabled to the next meeting. All voted aye.

10. Application for Membership

None

11. Application for Benefits

A) Ian Lohnes formally requested a refund of his contributions as he has left for a new job in Wyoming. The payout amount is $27,374.69 (less 20% for taxes).

Motion: Priddy moved, Echols seconded to pay Lohnes $27,374.69 (less 20% for taxes). Roll call vote: All voted yes.

12. Next Meeting Date

Tuesday, April 18th at 1:30 p.m.

Motion: Priddy moved and Echols seconded to adjourn the meeting. All present voted aye. Meeting adjourned.

http://explorecarbondale.com/sites/default/files/Board%20and%20Commissions%20Minutes.pdf