ATTENDANCE

BOARD MEMBERS: Nancy Acevedo, Bob Cain, Joe Flynn, Sylvia Tatum,

Don Robbins, Sharon Beach, Alice Anglim, John Casey, Dave Wood, Charles Buchanan, Adam Saling.

ABSENT: John Tsiknas, Dave Crow

RETIREMENT ISSUES TASK FORCE: Bob West

GUESTS: Rosie Wiseman, Ruth Ann Hageman, Jim Foley, Virginia Silverman, Joan Lundy-Boyd, Pat Karnes, John Mattis, Bob Headland.

President Acevedo called the meeting to order at 9:35AM.

MINUTES

The minutes of the Board of Director’s meeting of November 9, 2004 were approved as submitted.

COMMUNICATIONS

Christmas card from Kaiser-Permanente

Letter from CALPERS offering a speaker to discuss long-term health care

Permit from Park & Recreation Department for 2005 meetings at Veteran’s Memorial Building.

TRESURER’S REPORT

November

Balance in the Operating Fund on November 1, 2004 was $4,210.72. Income for November was $2,227.62 and expenditures were $1,237.74 leaving a balance in the Operating Fund on November 30, 2004 of $5,200.60. Reserve accounts totaled $10,272.40 for a grand total of $15,473.00.

December

Balance in the Operating Fund on December 1, 2004 was $5,200.60. Income for December was $1,499.71 and expenses were $2,072.88 leaving a balance in the Operating Fund on December 31, 2004 of $4,627.43. Reserve accounts totaled $10,281.94 for a grand total of $14,909.37

Sylvia reported that there was a loss of $102.37 on the Holiday Luncheon

PROGRAMS

Adam Saling reported on the following programs:

January: Food and nutrition expert

February: Tanya Becker, president of City Beautiful

March: TV personality Consumer Bob

April: General Cardenas (possible)

COMMITTEE REPORTS

HEALTH ADVISORY COMMITTEE John Casey reported that the Health Insurance Issues Paper had been reviewed by the CERS attorney.

NEWSLETTER Joe Flynn reported that he was working with John Tsiknas to get the newsletter onto the Association’s website. Joe said he sent a reminder to those overseas newsletter recipients regarding the added cost of mailing and had received one donation back so far to cover added costs. Joe stated that since those retirees with computers are often “upgrading” to newer and faster computers a newsletter column might be set up to pass “retired” computers on to those members who do not have one.

ADVOCACY COMMITTEE Joe Flynn reported that, due to other commitments, Rosie Wiseman was resigning from the Advocacy Committee. Virginia Silverman will take her place. The Committee is currently deciding which members will cover specific Retirement Board, HAC, City Council, etc. meetings. It is possible that the chair will ask other Association members to take on temporary duties as needed.

ACTION ITEMS

CATERING Nancy reported that Ranch Catering would no longer be working Mondays and Tuesdays and that Dora Garcia had procured the services of Souper Bowl Caterers to provide today’s lunch of chicken breast, rice, green beans, salad, roll, butter, cake and beverage for $9.00 on a trial basis. However future similar lunches by Souper Bowl would cost between $10 and $11. Dora said she got quotes from several caterers to provide the two-entrée hot lunch similar to Ranch Catering and she was quoted prices from $13.25 to $19.00.

Nancy said that she would poll the membership to see what their preferences were with regard to whether lunches would continue and what type would be preferred.

RETIREMENT BOARD ELECTION Nancy reminded everyone that ballots would be mailed around January 17^th to all retirees for their vote on a retiree representative on the new Retirement Board. She urged all to contact as many retirees as they could and urge them to vote for Joe Flynn, the Association’s approved candidate. Don Robbins reminded the Board that only one in five retirees were members of the Association and that this other four-fifths needed to be persuaded to vote for Joe. Don also said that the other candidate for the position running against Joe was a retired police officer and that the retired police would be voting as a block for that person.

Nancy said the Retirement Board had authorized one mailing from each candidate using the retirement system mailing list providing the candidate paid for the printing and postage. The Board voted unanimously to authorize up to $1,000 to cover the printing and mailing expense for a flyer recommending a vote for Joe for the Retirement Board.

LIABILITY INSURANCE Adam Saling reported that the three prior RFPs for liability insurance were over a year old and had to be re-solicited. He was preparing a new RFP letter for Nancy’s signature.

BYLAWS REVISIONS Nancy distributed copies of the bylaws with proposed revisions necessary to create the Advocacy Committee. These revisions would be voted on at today’s General Member’s meeting. She also recommended an additional bylaws addition, to wit: That the President’s duties include speaking on behalf of the Association unless that authority is delegated in specific instances by the Board of Directors. Passed unanimously.

AUDIT COMMITTEE Nancy reported that she had named Ruth Ann Hageman, Bob Headland and Mary Bush to the annual audit committee.

RETREAT Nancy reminded the Board that the annual Board Retreat would take place on February 25^th at Mission Trails Regional Park headquarters beginning at 9:30 AM. Lunch will be provided. She urged all Board members to bring 2005 budgets as applicable.

NEW RETIREMENT BOARD

After considerable discussion it was moved by Dave Wood and seconded by Adam Saling that a letter be sent to the Mayor and City Council on behalf of the Retired City Employees Association recommending that Diane Shipione be reappointed to the Retirement Board. Motion passed.

STATUS OF RETIREMENT FUND

Nancy reported that the Retirement Fund balance stood at $3.563 Billion, up

$60 Million from last month.

There being no further business, the meeting was adjourned at 11:00 AM.

Respectfully submitted,

Robert. E. Cain

Secretary

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