HomeMy WebLinkAbout1993 05 18 Board of Trustees Regular Minutes
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PENSION BOARD OF TRUSTEES MEETING
TUESDAY, MAY 18, 1993
The Meeting was called to order by John Ferring, Chairman, at 7:00 p. m.
Present:
John Ferring, Chairman
Art Hoffmann, Trustee
William Dickey, Trustee
Seymour Berman, Trustee
John Govoruhk City Manager
Tom Lang City Attorney
Bob Davis, Financial Advisor
William A. Jacobs, Trustee, absent
Mr. Ferring welcomed the CIGNA Group.
Mr. Ferring explained the Trustees had a discussion at their meeting on May 17th
regarding the March Report from Nations Bank. There were supposed to have been
contributions made by the fund, and they were not made until April.
The first presentation was made by the CIGNA Group. Mr. Michael A. Krawczyk and
Mr. Ed Szurovy gave the presentation. They provided a presentation package.
The next presentation was made by Provident Mutual, Mr. Richard E. Zdanowski, Jr.
and A. Mark Sardo PFG. They also presented presentation packages.
~ The next presentation was Investment Management and Research, Inc., Mr. Rodney G.
Talbot made the presentation. He also presented a presentation package.
Mr. Ferring called a Meeting for May 25, 1993 for the Trustees to consider a
recommendation to the City Commission for a financial advisor and administrator
of the City's Pension Fund.
Meeting was adjourned 10:00 p.m.
Respectfully submitted,
Mary T. Norton,
City Clerk
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