CITY OF SAN DIEGO

RETIRED EMPLOYEES ASSOCIATION

BOARD OF DIRECTOR’S MEETING

 MARCH 8, 2005

 

ATTENDANCE

BOARD MEMBERS:  Nancy Acevedo, Joan Lundy-Boyd, Joe Flynn, Sylvia Tatum, Don Robbins, Charles Buchanan, John Tsiknas, Ruth Ann Hageman, and Virginia Silverman

ABSENT:  Alice Anglim, John Casey, Adam Saling

GUESTS:  Pat Karnes, Dick Wilkins, Mick Gammon, Lynn Swanson

 

President Nancy Acevedo welcomed everyone and called the meeting to order at 0930.

 

MINUTES

The minutes of the Board meeting of February 8, 2005 were approved as submitted.

 

COMMUNIATIONS

Nancy responded by letter to CALPERS request for a list of our members.  The Board decided at the February meeting to stand by the policy, which does not allow for distribution of our member list, but rather to offer them some other options.  There will be a notice in the newsletter for members to contact them directly if they are interested.

 

TREASURER’S REPORT

Sylvia provided a handout.  Beginning Balance 2/1/05 - $2,124.82, receipts - $2,143.42, expenditures - $2,063.55, ending balance 2/28/05 - $2,204.69.  Operating Fund Reserve - $2,504.85.

 

Sylvia announced as of today we have 31 new members.

 

PROGRAMS

Adam Saling was not present at the Board meeting not here right now; hopefully he will be here to introduce Consumer Bob for today’s program.  Suggestions for future programs: Tim, one of the Editors on the PBS panel possibly for May.  AARP is having a prescription seminar; one of the members is going to the seminar to get information. This might be a good topic before we go into our June meeting on health care.

 

COMMITTEE REPORTS

RETIREE ISSUES TASK FORCE:  Dave Crow was not present at the Board meeting, Joe Flynn gave the report.  There will be an upcoming meeting to discuss our issues with City Management.  Two members from each retired groups will be attending.  Our members will be Joe Flynn and Bob West.

 

Retirement board – Joe reported the new Board seats April 1, however, he doesn’t know when they will be sworn in.  There may be possible delays due to the new appointees.

 

John Torres and Steve Meyer will be coming back, unknown who will be the representative from Fire rep and the PD are having a run off. 

 

Health Advisory Committee – John Casey was not present, Joe Flynn gave the report.  Joe recently spoke with Dave Crow, chair of this committee. The Care Council is up for renewal this year; we are definitely in favor of this renewal.   Nancy said it would be a good move if Joe is appointed Health Adv Committee and Retiree Issues Task Force chair.  In addition to the B & P committee.  Investments is also a good committee to serve on.

 

NEWSLETTER  – Joe said they are just about at the handoff and Ruthann will be doing the Newsletter this time.

 

Reminder the by-laws state annual members should have their dues paid by April.  Discussion of by-laws revision.

 

MEMBERSHIP – Charles reported on the new members. 

 

WEBSITE - John posted the City Manager’s evaluation of the Drop program.  He asked if anyone has seen anything on the Retirement Board evaluation of Drop.  John asked Rick Roeder to review the interest given.  If anyone sees the information please let John know.  Discussion on the rate of return.  This next session they will have to deal with the Union Presidents retirement issues.

 

ADVOCACY COMMITTEE – Joe’s committee met again.  However they were missing John Casey and Alice.  They discussed the possibility of using a mailer if something comes up.  Discussed chair of this committee – Virginia has agreed to accept the position with Pat as the backup.  Virginia will be the new Vice President and chair of the committee, leaves then a vacancy on the Board.

 

Joe said the new Retirement Board members were supposed to be appointed yesterday however this has been postponed.  Council Members Frye and Meinshein recommended that Diann Shipione be  reappointed.  Discussion.  Discussion on having a “breaking news section” or upcoming events summary.  Nancy recommended advocacy committee look at this.

 

AD HOC COMMITTEE – There was no report.

 

ACTION ITEMS

 

Motion to appoint Virginia as Vice President - Advocacy, Joe Flynn.  2nd John Tsiknas.  Motion passed.  This action leaves a vacancy on the Board.

Motion to appoint Pat Karnes to fill this position – Joe Flynn.  2nd John Tsiknas.  Motion passed.

 

The Board accepted the audit committee report. Ruth Ann gave the report to Sylvia and she will make a copy for Joan and Nancy gets the original.

 

Budget adoption – the budget was discussed at the retreat.  Nancy handed out the proposed 2005-2006 budget.  Motion to approve the budget - John Tsiknas. 2nd Charles Buchanan.  Unanimous vote.

 

INFORMATION – DISCUSSION ITEMS

 

Nancy introduced representatives from the Alliance of Unrepresented Employees (AUE). Dick Wilken spoke for AUE.  The speaker was going to be retired member Kathy Dean however, Dick Wilken was sent by interim chair Bob Ferrier in her place.  Dick gave an overview on the new group.  This is a collective effort to hire legal council, both in litigation and related items.  The initial focus is taxpayer’s lawsuit.  Dick said he would like to leave some agreements with us. Nancy will do a short explanation of what is going on and give information to retirees who might be interested to contact Dick.  Virginia reported she has been to 2 of the meetings to observe.  She stated we have new members who might be interested.  John will put the information onto the website.  Nancy said our members have varied interests. 

 

STATUS OF RETIREMENT FUND

Nancy reported the Retirement Fund balance stood at $3.657 Billion, up $57 Million from last month.

 

A suggestion was made to have the Advocacy Committee monitor the Port District desire to have their retirement funds separate.  

 

Joe met with Nancy and Keith Enerson (President of the Retired Fire and Police Assn) about Joe’s role on the Retirement Board and about getting our two groups closer together.  One suggestion is to have a joint meeting of the two groups – we have different issues, but we do have common ground.  We have no one to represent us in meet and confer.  Bob said some would like to have Corbett and 13th ck paid monthly.  Pat said Larry Grissom said he would like that too.  She suggested writing to the Board and supporting this.  Discussion.

 

The meeting was adjourned at 1050.

 

Respectfully submitted,

 

  

Joan L. Lundy-Boyd

Secretary

 

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