At the regularly scheduled meeting of the Fire and Police Pension Fund held on the 6th day of March 2014, President Chris Willmore presided. The meeting was held at the Pension Office, 6009 John Douglass Drive, Chattanooga, TN 37421.
The meeting convened at 0906 hours with board members Chris Willmore, Phillip McClain, Mark Coffman, Craig Joel, Brent Goldberg and Less Lee. Attorney Bill Robinson was also present. Jerome Halbert joined the meeting at 0920 and Shawn O’Kelley was excused.
Motion by Craig Joel and seconded by Less Lee to approve the minutes from the February 20, 2014 meeting. Motion carried unanimously.
Attorney Bill Robinson reported that Officer Perry Walden’s attorney has a conflict with the General Pension Plan and intends to recuse himself from the case filed against the General Pension Plan and the CFPPF. Mr. Robinson expects that the upcoming hearing will be postponed and will report to the Board when he has more information.
Motion by Phillip McClain and seconded by Brent Goldberg to approve the following membership changes:
REMOVE FROM THE ROLLS:
Retired Fire Captain Raymond B. Griffin, effective 02/28/2014, died 02/22/2014 (2-411)
ADD TO THE ROLLS:
Nina Griffin, surviving spouse of Retired Fire Captain Raymond B. Griffin, effective 03/01/2014 (2-411)
PAY DEATH BENEFIT:
Nina Griffin, designated beneficiary of Raymond B. Griffin (2-411)
The motion carried unanimously.
At the meeting on 01/20/2014, the Board chose a new property insurance provider for the Real Estate Holdings Company. After that meeting, the current provider notified the Fund office of its decision to continue current coverage at a lower premium than that offered by the new provider selected by the Board. The Board members were notified and voted by email to rescind their previous vote and continue coverage with the current provider. This email vote must be ratified. Motion by Less Lee and seconded by Phillip McClain to ratify the Board’s modification of insurance coverage. Motion carried unanimously.
Vince Butler appeared before the Board to discuss an agreement for continued representation of the Fund as needed. Motion by Less Lee and seconded by Phillip McClain to accept the agreement with an annual review date to coincide with the fiscal year. Motion carried unanimously.
Motion by Mark Coffman and seconded by Phillip McClain to pay the bills. Motion carried unanimously.
Motion by Brent Goldberg and seconded by Phillip McClain to adjourn at 0943 hours. Motion carried unanimously.
Note: Received City Court fees for January 2014.
Note: The Fund Staff reported that it has received all medical records for Michael D. Davenport’s claim for job related disability and asked the Board to read the records and determine if additional review is necessary.
