Lake Wales Firefighters Pension Board

City of Lake Wales Firefighters’ Plan and Trust Fund Special Meeting - June 10, 2021 MINUTES Board Members Present Also Present Absent / Excused Roy Wilkinson - Chairman Pedro Herrera–Attorney (Phone) Brian Patterson – Secretary Dennis Childress – Trustee Caleb Hynson – Plan Administrator Michael Costello – Trustee Frank Mega – Plan Administrator Caleb Simpson – Trustee (Phone) Patrick Donlan – Foster & Foster I. Call To Order & Roll Call Meeting called to order at 11:37a.m. by Chairman Wilkinson. Roll call by Plan Administrator. A quorum was in attendance. A motion was made by Dennis Childress to allow Trustee Caleb Simpson to join and participate by phone due to extra ordinary circumstances preventing attendance in person. The motion was seconded by Michael Costello and passed unanimously. II. Open Forum No members or concerned parties requested to address the Board of Trustees. III. New Business The Plan Administrator provided the Board an overview of determining the CAP date for member Joe Jenkins and how Credited Service years are applied. The Chairman provided additional commentary on the issue and read from the Ordinance outlining “Credited Service (CS)”. As the Chairman pointed to the definition or “Credited Service means the total number of years and fractional parts of years of service as a firefighter with member contributions, when required, mitting intervening years or fractional years when such member was not employed by the city as a firefighter.” The Plan Attorney spoke about that the language is open for interpretation as language in the ordinance does not address capping Credit Service. Patrick Donlan of Foster & Foster confirmed the cost to the plan is insignificant in proceeding with not capping CS. Proceeding in this manner would not change funding requirements. A motion was made by Dennis Childress to recalculate the refund due to the ordinance does not spell out Credited Service stopping when the CAP is met. The motion was seconded by Michael Costello and passed unanimously.  ACTION ITEM: Plan Administrator to process the additional monies owed to member JENKINS based on the recalculation provided by Foster & Foster. IV. Adjournment/Next Meeting Page 1 of 2  A motion to adjourn was made adjourn meeting by Chairman Wilkinson at 11:53am. The next regularly scheduled meeting is July 26, 2021, at 1pm. DISABILITY INFORMATION: In accordance with the Americans with Disabilities Act and F.S.S. 286.26, persons with disabilities needing special accommodation to participate in this meeting should contact HYN Consulting, Plan Administrator, within 48 hours subsequent to the proceeding at 727-559-7333 for assistance. If hearing impaired, call the Florida Relay Service Numbers at 800-955-8771 (TDD) or 800-955-8770 (VOICE) for assistance. APPEAL NOTICE: If a person decides to appeal any decision made by the Board, with respect to any matter considered at such meeting or hearing, that person will need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which appeal is to be based. Page 2 of 2