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Pension Board Minutes 5.14.19
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Pension Board Minutes 5.14.19
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BOARD OF TRUSTEES FOR UNIVERSITY CITY PENSION PLAN <br />MINUTES OF MEETING <br /> <br />Non- <br />May 14, 2019 <br /> <br />A meeting of the Board of Trustees was called to order by acclamation at 8:30 p.m. at the <br />Heman Park Community Center 975 Pennsylvania Ave, University City, MO. <br /> <br />Members in Attendance: Frank Reedy, Edward McCarthy, Thomas Jennings, <br />James Stutz, Ewald Winker, Patrick Wall; non-votingGregory <br />Rose and Steve McMahon <br /> <br />Member(s) Absent: <br /> <br />Member(s) Excused: Juli Niemann <br /> <br />Others in Attendance: Brian Isenberg Police & Fire Board member <br /> Joel Myers Police and Fire Board member <br />Kara Krawzik Greensfelder, Hemker & Gale, P.C <br /> Keith Cole Interim Treasurer <br /> Yolanda Howze Staff Liaison <br /> <br />Minutes <br />Chairman Reedy called for an approval of the minutes January 22, 2019. Member Stutz <br />motioned to approve the meeting minutes. The motion was seconded by Member Wall and <br />approval carried unanimously. <br /> <br />Disbursement Approval <br />Chairman Reedy announced that we need to look at the disbursements for a sense of <br />reasonableness and repetition, especially beneficiary payments and expense payments to make <br />sure we are complying with all the payments that are chargeable to our plan. <br /> <br />Member McCarthy asked about payments for financial statements related to GASB and <br />Investment UMB fees and if they should be charged to the pension plan. Mr. Cole confirmed the <br />charges were related to the plan and valid. <br /> <br />Chairman Reedy asked when the pension payments would be verified with SSA again. Mrs. <br />Howze and Mr. Cole commented that the last time the process occurred was June/July of 2018 <br />and it would occur annually. <br /> <br />Chairman Reedy called for approval of the disbursements. Disbursements were motioned by <br />Member McCarthy, seconded by Member Winker and approved with unanimous consent. <br /> <br />Б <br /> <br /> <br />
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