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MINUTES
CITY OF FORT COLLINS
EMPLOYEES RETIREMENT BOARD
MEETING HELD AUGUST 30, 1976
Members Present: John Hartman, Jack Williams, Phillip Shade, and
Ronald R. Wood
Members Absent: Warren Dalke
Others Attending: Mayor Earl Wilkinson
The meeting was called to order by Ronald R. Wood.
Phillip Shade moved to dispense with the reading of the minutes and the
motion was seconded by Ronald R. Wood. Motion passed unanimously.
The following retirements were submitted for approval:
DAN STROH - Normal retirement benefit. $22.71 for the lifetime
of Dan E. Stroh. Retirement date of June 1, 1976.
MAX FILLOON Joint and 50% survivorship option. $21.34 during
the lifetime of both Max Filloon and Ferol Filloon
and $10.67 during the remaining lifetime of the
survivor.
Ronald Wood moved to approve the retirement of Dan Stroh. Seconded by
Jack Williams. The motion passed unanimously.
Jack Williams moved to approve the retirement of Max Filloon subject to
Mr. Filloon's signature stating option desired. Motion seconded by
John Hartman. Motion passed unanimously.
It was decided that a better system of notifying prospective retirees
should be considered. One possibility was a letter directly to the
employee outlining his/her benefits and provide the department head with
a copy. Ronald Wood advised he would discuss this at the staff meeting
with department heads.
0341.
Minutes - Employees Retirement Board
Page 2
• Meering held August 30, 1976
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Discussion of the purpose and duties of the Retirement Board, along with
investment of pension funds and comingling these funds with City funds
followed.
Ronald R. Wood advised he would review the following:
1. Look at the investment committee.
2. Review the operation of the employees retirement funds and
consult the State Statues.
3. Prepare a financial report.
Meeting adjourned.
W
Ronald R. Wood
Director of Finance