75°
Houston Firefighters Relief and Retirement Fund Pension Benefits Committee met May 16.
Here are the minutes provided by the committee:
A meeting of the Pension Benefits Committee convened at the Fund office at 4225 Interwood North Parkway, Houston, Texas 77032 on Tuesday, May 16, 2023 at 9:00 A.M.
Committee members present were Brett R. Besselman (Chair), Gerard L. Daniels, David O. Lantrip and Albertino Mays. Committee members absent were Pete Ng, Stephen R. Whitehead, and David Riegor. Also, present were staff members Timothy Schauer (Executive Director), Dalia De La Cruz (Director of Member Services), and Adam Smith (General Counsel).
The Chair of the Committee called the meeting to order and invited comments from the public. No comments were received.
The Director of Member Services reviewed the Deferred Retirement Option Plan (DROP) applications effective June 1, 2023.
There was a motion by Gerard L. Daniels, seconded by David O. Lantrip, to approve the Deferred Retirement Option Plan (DROP) applications effective June 1, 2023, as presented. The motion carried.
The Director of Member Services discussed applications for service retirement.
There was a motion by Gerard L. Daniels, seconded by David O. Lantrip, to approve the applications for service retirement, as noted on Member Services Report (1 and 2). The motion carried.
Application(s) for prior service credit were deferred for a future meeting when additional information is available for consideration.
The Director of Member Services gave an update on the reporting of the 2022 Employment Activities and Earnings verification. She noted there were 9 retirees and 4 adult beneficiaries who are not in compliance. The members' benefit payments will be suspended beginning in May and will not be paid until the required documents have been submitted.
There was a motion by Albertino Mays, seconded by Gerard L. Daniels, to approve suspension beginning in May. The motion carried.
The Director of Member Services discussed a 90-day extension for a disability applicant.
There was a motion by David O. Lantrip, seconded by Gerard L. Daniels, to approve the 90-day extension from May 21, 2023. The motion carried.
The Committee noted survivor(s) receiving benefits, members(s) exiting the DROP and members(s) receiving a refund of contributions.
There being no further business to discuss, the meeting adjourned at 9:04 A.M. on a motion by Albertino Mays, seconded by David O. Lantrip. The motion carried.
https://www.hfrrf.org/_files/ugd/576db6_4e3f26c070c14e1c904a6f1ce1efb929.pdf