At the regularly scheduled meeting of the Fire and Police Pension Fund held on the 21st day of August 2014, President Chris Willmore presided. The meeting was held at the Pension Office, 6009 John Douglass Drive, Chattanooga, TN 37421.
The meeting convened at 0914 hours with board members Chris Willmore, Shawn O’Kelley, Mark Coffman, Craig Joel, and Brent Goldberg. Attorney Bill Robinson was also present. Less Lee was an excused absence. Phillip McClain joined the meeting at 0950 hours.
Motion by Shawn O’Kelley and seconded by Craig Joel to approve the minutes from the August 7, 2014 meeting. Motion carried unanimously.
At 0917 hours, the Board entered a Legal Executive session with Attorneys Robinson and Cameron Hill of Baker Donelson and reconvened the Board meeting at 0953 hours.
Motion by Brent Goldberg and seconded by Jerome Halbert to approve the following membership changes:
REFUND CONTRIBUTIONS:
Former Police Officer Derek B. Kurtz, terminated effective 07/28/2014, participation date of 05/31/2013 (2-413)
Former Police Officer Almir Dizdarevic, terminated effective 08/14/2014, participation date of 06/10/2011 (2-413)
The motion carried unanimously.
The Board discussed the insurance policy utilized by the Fund to pay the lump sum death benefit and proposals received from several insurance companies. The contract with the current provider expires on 09/30/2014. Motion by Brent Goldberg and seconded by Shawn O’Kelley to enter a 3-year contract with USAble, who submitted the lowest rates proposed. Motion carried unanimously.
The Board reviewed and verified the following candidates who submitted requests to run in the upcoming election for sworn Director for the Fire and Police Departments.
Fire CandidatesPolice Candidates
Lt. Shawn O’Kelley MPO Phillip McClain
Capt. Kelly Simmons MPO Eric Lee Milchak, Sr.
Motion by Craig Joel and seconded by Mark Coffman to approve the candidates and hold the election from 0700 to 1700 hours with the meeting to tally votes at 1800 hours on 2 September. Motion carried unanimously.
The Board reviewed the recommendations of the Personnel Committee in regards to compensation of the Fund Staff. Motion by Phillip McClain and seconded by Mark Coffman to approve the personnel recommendations. The personnel recommendations are retroactive to July 1, 2014.
Motion by Shawn O’Kelley and seconded by Jerome Halbert to pay the bills. Motion carried unanimously.
Motion by Brent Goldberg and seconded by Shawn O’Kelley to adjourn at 1012 hours. Motion carried unanimously.
