HomeMy WebLinkAboutRetirement Committee - Minutes - 03/22/1973a
A.arles N. Sheph•.cd.,-
Dalke and Charlie D. Cain.
Absent: Philip A. Shade
The Financial Statement for the year 1972 was presented.
The request for Robert Carlin's retirement was presented. Motion was
made to allow Mr. Carlin either one of the two options described in
the regulations.
1. One lump sum payment, or;
2. Payment on quarterly basis instead of monthly.
Motion was carried by four (4) Aye votes.
IsDiscussions were held concerning the advantages and disadvantages of
combining the three (3) Pension Boards into one Composite Board.
There being no further business, the meeting was adjourned.
Charlie D. Cain, Director of Finance
Note: Mr. Carlin elected to receive his retirement payments quarterly.
Dated Mar. 22, 1973
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