CITY OF SAN DIEGO

RETIRED EMPLOYEES ASSOCIATION

GENERAL MEMBER’S MEETING

NOVEMBER 9, 2004

 

President  Nancy Acevedo called the meeting to order and asked distinguished Marine veteran Harry Greason to lead the membership in the Pledge of Allegiance.

Harry survived campaigns on Tarawa, Saipan and Okinawa during World War II, three of the fiercest battles of the war in the Pacific.

 

GREETERS

Nancy introduced today’s greeters Evelyn Sediway and Marie Bell

 

MINUTES

The minutes of the General Member’s meeting of October 12, 2004 were approved as submitted.

 

TREASURER’S REPORT

Sylvia Tatum reported a balance in the Operating Fund as of October 1, 2004 of $3,311.57.  Income for October was $1,921.26 and expenses were $1,022.11, leaving a balance in the Operating Fund on October 31, 2004 of $4,210.72.  Reserve accounts totaled $10,263.18 for a grand total of $14,473.90.

Sylvia reminded the members of the deadline (November 31) for purchasing tickets for the Holiday Luncheon on December 9th.  Cost is $17.

 

NEW MEMBERS & FIRST TIMERS

Dick Marcoux, retired from the Purchasing Department for 25 years is attending his first Association meeting!  He can be forgiven since he lives in South Carolina and is in San Diego on vacation.

 

BIRTHDAYS IN NOVEMBER

Alice Anglim – 76

Nancy Acevedo – 69

Mildred Parker – 69

Karen Anderson – 66

Al Slaughterman – 83

Dora Garcia – 74

 

VETERAN’S DAY

Yvonne Paczulla reminded the membership that Thursday is Veteran’s Day and there is a big parade downtown starting at 11:00AM at the County Administration Building.  Turn out and honor our veterans including those currently in harms way in the Far East.

 

RETIREMENT ISSUES TASK FORCE

Dave Crow reported that any discussion of benefits between the RITF and management is “on hold” pending the outcome of the Mayor’s election results.  Mayor Murphy has been quoted as saying he would be in favor of freezing wages for the next two years in light of budget and retirement fund problems.  In light of this it would seem unlikely that retiree benefit increases would be on the table.

Donna Frye’s position re salaries is unknown. 

Dave reported that Cathy Lexin will be resigning from the Retirement Board in order that there not be a conflict of interest as she will be the Manager’s representative on upcoming “meet and confer” sessions on new employee contracts.  Bill Lopez has been mentioned as her replacement.

Dave also reminded the Board that he would also be leaving the Retirement Board at such time as elections take place to replace him as retired employee representative.

Dave reminded everyone that one check would be issued at the end of November for regular monthly retirement benefits, the “13th check”, and three “Corbett Settlement” payments.  He passed out a sample Auditor’s “Statement of Retirement Allowance” showing that the five amounts would be reported separately.

 

ASSOCIATION CANDIDATE FOR RETIREMENT BOARD

Joe Flynn, the Association’s elected candidate for the Retirement Board said a few words, including his hope that the members will support him when the election is held.

 

ELECTION OF OFFICERS AND BOAD MEMBERS

Don Robbins provided the members with the names of the candidates running for offices and Board members as follows:

Secretary – Joan Lundy-Boyd

Treasurer – Sylvia Tatum

Board member: Alice Anglim, Jim Foley, Ruth Ann Hageman, Patricia Karnes, Joe Sediway, and Virginia Silverman.

Each candidate was given three minutes to states their case for election, whereupon ballots were distributed.

Election results were as follows:

Secretary – Joan Lundy-Boyd

Treasurer – Sylvia Tatum

Board member (three-year term) Ruth Ann Hageman

Board member (three-year term) Virginia Silverman

Board member (two-year term) Jim Foley

 

RETIREMENT FUND BALANCE

The balance in the Retirement Fund as of November 8, 2004 was $3.503 Billion, up $94 Million from the previous month.

 

The meeting was adjourned at 11:45 AM.

 

Respectfully submitted,

 

 

 

 

Robert E. Cain

Secretary

 

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