Charles E. Kostro

The board conducted interviews for a Finance Director position and held an executive session to discuss strategy regarding negotiations with non-union personnel and ongoing litigation. Key actions included approving new enrollments and retirements, awarding creditable service, and denying a liability request. The board also approved various financial items, including warrants for refunds, retiree payroll, and cash disbursements, as well as accepted financial reports. Furthermore, the board authorized a Request for Proposals for actuarial services, approved a Request for Quotes for cleaning services, declared surplus property, and finalized the 2025 board meeting schedule and holiday calendar. Additionally, the board reviewed updated job descriptions.

The board approved new enrollments and retirement benefit calculations for various system members. Liability requests, including the denial of liability for a specific call firefighter service claim, were addressed. Financial items approved included the refund warrant, July and August retiree payrolls, ERRS employee payroll, a transfer to the PRIT Cash Fund, and various cash disbursement warrants. The board discussed staff positions, including recruitment efforts, and approved the preliminary 2025 administrative budget, which includes a new position. Additionally, the board set the annual salary survey methodology, approved an over-earnings repayment plan for a specific individual, scheduled a special meeting, and discussed the complexities of call firefighter service regulations.

The Board received an annual presentation on the performance of the PRIT fund. Key actions included approving new member enrollments and acknowledging new retirements. The Board approved monthly payroll for retirees and staff, along with a cash disbursement warrant. Financial reports, including cash flow and PRIT performance, were accepted. Additionally, the Board approved the upcoming fall newsletter, authorized the office closure for Christmas Eve, and approved a proposal for accounting services.

The Board discussed and acted upon several administrative and financial items, including new enrollments and retirements, creditable service awards, and the acceptance of liability for prior service. The Board approved refund warrants for September and October 2023, as well as the retiree payroll and cash disbursement warrants. Discussions covered earnings limitations for retirees, a moratorium on processing military service purchases pending clarification, the implementation of regulations for call fire and reserve police service, and the approval of the 2024 administrative budget. Further operational topics included revising meeting posting procedures, salary survey processes, office hours, check signing procedures, and the elimination of paper notices of deposit. Additionally, the Board entered an executive session to address salary negotiations and specific disability retirement applications.

The board meeting addressed various administrative and financial matters, including new enrollments and retirements, and the approval of survivor benefits. The board processed liability requests regarding creditable service, authorized installment payment plans, and approved financial warrants for refunds, retiree payroll, employee payroll, and cash disbursements. Furthermore, the board accepted monthly financial reports, approved the draft 2024 administrative budget for presentation to the advisory council, and scheduled revised meeting dates for November. An executive session was convened to discuss a complaint regarding a former employee.