pages: PensionBoard/2020-10-26.pdf, 1
This data as json
body | date | page | text | path |
---|---|---|---|---|
PensionBoard | 2020-10-26 | 1 | of of MINUTES OF THE REGULAR MEETING OF THE PENSION BOARD OF THE CITY OF ALAMEDA HELD 4:30 P.M., JULY 27, 2020 ALAMEDA CITY HALL 2263 SANTA CLARA AVENUE, ALAMEDA CONFERENCE ROOM 391 1. The meeting was called to order by Nancy Bronstein at 4:35 p.m. 2. ROLL CALL: Present: Mayor Marilyn Ezzy Ashcraft, Secretary Nancy Bronstein, Trustee Bill Soderlund via teleconference. Absent: Trustee Nancy Elzig. Staff: Tran Nguyen, Financial Services Manager, Angela Nichols, Finance Accountant, Chad Barr, Human Resources Technician. 3. MINUTES: The minutes of the Regular Meeting of January 27, 2020 were moved for acceptance by Trustee Soderlund and seconded by Nancy Bronstein. Passed by roll call vote, 3-0. 4. AGENDA ITEMS: 4-A. Pension Payroll and Financial Reports - Quarters Ending March 31, 2020 and June 30, 2020 and City of Alameda Police & Fire Pension Funds Financial Reports for the Period Ending March 31, 2020 and June 30, 2019. Finance Accountant Nichols explained the quarterly reports. Due to the passing of 1079 pensioner Wanda Westmoreland, there was a decrease in payments, offset by the annual increase in February, retroactive to January. March had a decrease due to the retro pay being removed, however the quarterly allowance was paid out. For the 4rd quarter there were no changes to plan 1082 and 1079 saw a small increase due to the quarterly uniform pay out in June. | PensionBoard/2020-10-26.pdf |