CITY OF SAN DIEGO
RETIRED EMPLOYEES ASSOCIATION
BOARD OF DIRECTOR’S MEETING
May 10, 2005

President Nancy Acevedo called the meeting to order at 9:30 a.m. She introduced guest Bernie Gipson who has expressed interest in assisting the Advocacy Committee.

ATTENDANCE
BOARD MEMBERS: Nancy Acevedo, Joan Lundy-Boyd, Joe Flynn, Sylvia Tatum, Alice Anglim, Don Robbins, Virginia Silverman, Pat Karnes, Charles Buchanan, Bob West, John Tsiknas, Ruth Ann Hageman, Jim Foley.

ABSENT: Adam Saling, John Casey

GUESTS: Bernie Gipson

MINUTES
The minutes of the April 12 Board of Director’s meeting of were approved as submitted.

COMMUNICATIONS: Letter forwarded to Nancy from Mary Williams, who resides in South Africa. She is the widow of a Retired City Employee and thanked the Association for keeping her updated through the newsletter.

TREASURER’S REPORT
Sylvia on April 2005 - Balance on Apr. 1 = $2,455.60. Income for April $1,246.94, expenditures $836.52. Ending Balance on April 30, 2005 = $2866.02. Reserve Accounts totaled $10,322.45. Grand Total = $13,188.47.

PROGRAMS

Nancy reported that our June 14th meeting will be the health panel. In response to a question, Joe stated he attended the RF&P (Retired Fire and Police) meeting with guests Cathy Lexin and Val Vandeweigh, who said they did not anticipate any changes to the health plans this year.

July 12th meeting – Joe spoke on a possible July joint meeting with RF&P at

the police pistol range. General members will be polled to determine their interest. Discussion of having the candidates for Mayor speak at a meeting prior to the July 26 election date. Consensus was to have a special meeting the end of June for the debate.

COMMITTEE REPORTS

RETIREE ISSUES TASK FORCE – Joe answered a question Ruth Ann posed about attendees at the Retiree issues task force meeting. Dave Crow was there to represent us. There were no changes indicated to heath care at that meeting. Question as to any plan changes - unknown at this time. They have not met since then. Joe may be taking over the chair of that committee from Dave Crow.

Retirement Board meeting – Joe attended his first meeting, all the new members sworn in. One of the items moved through was the CERS budget. The budget was approved. Joe gave a very thorough report on the meeting and results of the closed session meeting. Waiving attorney/client privilege issue was voted down. Joe will chair the Health Adv Comm.; John Torres will be the vice-chair. They are in the process of settling on the committees. Update on the IRS questions for the Board. Joe is on Audit and Investment committees also. In June the Board will vote for a permanent President.

Nancy and Keith Enerson are now getting the full binders on the Retirement meetings. Meetings are now being televised on channel 24. Virginia said they run the public portion at 7:00 p.m. and then replay possibly on Sunday. John spoke to video streaming: go to the City website and click on channel 24. Currently only Council and Planning Commission meetings are available for viewing. John is working on getting the Retirement meetings available for viewing as well.

Nancy asked Joe if she could receive the Board packet at the same time the Retirement Board members get it. Discussion on getting the information on the web site.

Ruth Ann advised the only date available for the special meeting discussed is June 29th. Virginia will talk to Donna Frye for her access. Ruth will book the morning hours for the meeting.

HEALTH ADVISORY COMMITTEE – John Casey is not present today. There was no Health Advisory Committee meeting to report on.

NEWSLETTER – Ruth Ann – nothing to report.

MEMBERSHIP – Charles. There were 2 seminars in April well attended and good response. He spoke with many attendees who will be retiring the end of this year/start of next year. Jan said there will probably not be anymore seminars the remainder of this year, as they are anticipating changes for new employees.

ACTIVE EMPLOYEE ASSOC. REP. – Alice, as of last month no new news on negotiations, nothing has been decided. There will possibly more information tomorrow at their monthly meeting.

WEBSITE – John. We have a good library on various articles and opinions now on the website. John spoke to PDF files and the ability to download adobe acrobat.

Liability Insurance – John had an attorney review our policy, and will discuss issues at the next meeting.

Logo Development will be dropped off the agenda.

ADVOCACY COMMITTEE – Virginia passed out the handout “Newsflash – Highlights from the Adv Committee”. She asked the Board to email her on the helpfulness of the Newsflash. She spoke specifically on the Retiree Health Benefits in the City Budget. Nancy recommended Ruth Ann to be a member of the Advocacy Committee, and she has agreed to serve. Motion by Virginia to appoint Ruth Ann to the Advocacy Committee. Motion approved. Due to heavy Retirement Board duties, Joe will no longer be an official member. Virginia spoke to the waiver of the attorney/client privilege issue on the Retirement Board. Motion by Virginia that she will make a statement on this issue on behalf of the Association at the Retirement Board. 2nd - Ruth Ann. Motion approved – 1 opposed. Virginia also said she would make a presentation to the City Council. Virginia and Ruth Ann are writing up a letter to the Editor from the Association, which they will mail out to everyone to review.

ACTION ITEMS

All other items were carried over to next month’s meeting.

STATUS OF RETIREMENT FUND
Nancy reported the Retirement Fund balance stood at $3.57 billion, down $-2 million from last month.

Joe stated he had attended a County Retirement Board Meeting and gave a short overview of their organization and process.

The meeting was adjourned at 11:00 a.m.

Respectfully submitted,


Joan L. Lundy-Boyd
Secretary

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