HomeMy WebLinkAboutRetirement Committee - Minutes - 01/28/1977•
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MINUTES
CITY OF FORT COLLINS
EMPLOYEES' RETIREMENT BOARD
MEETING HELD JANUARY 28, 1977
John Hartman, Jack Williams, and Warren Dalke-
Phillip Shade and Ronald R. Wood
Mayor Earl Wilkinson and Mr. and Mrs. Oran Bivens
The meeting was called to order at 4:00 p.m. on January 28, 1977, by the
Board Chairman, John Hartman.
Board members were presented with medical statements from two doctors
regarding the physical condition of Oran Bivens. Mr. Bivens advised the
board that he did wish to apply for the Disability REtirement Benefit -
Lump Sum Alternative.
After review of the medical statements and some discussion of disability,
Jack Williams moved that they approve disability retirement for Oran
Bivens as he met the criteria as stated in the retirement manual - " . .
that the member is unable to engaged in any substantial gainful activity
of a type related to that in which such member theretofore engaged by
reason of any medical determinable physical or mental impairment which
can be expected to result in death or to be of long -continued and
indefinite duration." Warren Dalke seconded the motion and the motion
passed by an unanimous vote.
Discussion followed regarding the taxibility of the lump sum payment and
medical insurance benefits. It was determined that the income would be
taxable and Mr. Bivens advised that he would have insurance coverage for
this medical problem until December 9, 1977.
Jack Williams moved that the board grant the lump sum payment in the
amount of $16,178.61. Warren Dalke seconded the motion which carried
unanimously.
Mayor Earl Wilkinson extended his thanks to Oran Bivens for his many
years of dedication and good service to the City of Fort Collins.
Meeting adjourned.
Respectfully submitted,
Ronald R. Wood
Director of Finance.