MINUTES
REGULAR MEETING OF THE BOARD OF TRUSTEES OF THE CITY EMPLOYEES’ RETIREMENT FUND
March 2, 2015
A REGULAR MEETING of the Board of Trustees of the City Employees Retirement Fund was held on Monday, March 2, 2015 in the City Hall Auditorium.
Those in attendance included Mayor Elinor Carbone, Corporation Counsel Raymond Rigat, members of the Board of Trustees of the City Employees Retirement Fund Gregg Cogswell, Paul Cavagnero, Anne Ruwet, Paul Samele, Drake Waldron, Raymond Drew, John Schnyer, Nancy Michna, Sheryl Lewis, and City Treasurer Arthur Mattiello were also present.
Members Christopher Anderson, Mark Kugler, Robert Lizotte, Mark Zordan and Craig Audia were absent.
Mayor Carbone called the meeting to order at 6:30 p.m. beginning with the Pledge of Allegiance.
Minutes
On a motion by Councilor Cogswell, seconded by Councilor Ruwet, the Board of Trustees of the City Employees’ Retirement Fund voted unanimously to accept the minutes of the special meeting held jointly with the Board of Trustees of the Police and Firemen’s Pension Fund on February 17, 2015. Councilor Samele abstained.
Entry Age Normal Funding Method
On a motion by Councilor Cogswell, seconded by Councilor Waldron, the Board of Trustees of the City Employees’ Retirement Fund voted unanimously to authorize the City to implement the Entry Age Normal Funding Method for the City Employees’ Retirement Fund.
Councilor Cavagnero arrived at 6:32 p.m.
Adjournment
On a motion by Councilor Ruwet, seconded by Councilor Cogswell, the meeting was adjourned at 6:33 p.m.
ATTEST: Joseph L. Quartiero, CMC
City Clerk
Carol L. Anderson, CMC
Asst. City Clerk
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