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Norwalk pension boards approve Jan. 8 minutes and a single pension application
Summary
The Norwalk City pension boards unanimously approved minutes from the Jan. 8 double meeting and approved one pension application. Both motions passed by voice vote; the boards did not take up other pending motions at the meeting.
Norwalk City pension boards opened their Feb. 12 meeting by approving minutes from a Jan. 8 double meeting and by approving a single pension application.
The boards first considered the minutes from the Jan. 8 double meeting. A board member moved to approve the minutes; a second was recorded as "Mister Baskin." The chair called for a voice vote and recorded unanimous approval.
The boards then considered a single pension application. Charles Perrow moved to approve the application; Jim Henderson seconded. The chair called for a voice vote; members answered "Aye," and the motion carried unanimously.
No substantive public comment was recorded during the votes. Later in the meeting the boards discussed several substantive items — investment-manager presentations and an actuarial experience study — but members did not adopt changes to actuarial assumptions during this session and indicated some items would return on a future agenda.
Votes at a glance
- Approval of minutes from the Jan. 8 double meeting: motion moved by not specified; second by Mister Baskin; outcome: approved (voice vote, unanimous). - Approval of a single pension application: motion moved by Charles Perrow; second by Jim Henderson; outcome: approved (voice vote, unanimous).
The boards recessed for presentations and discussion of the investment manager's report and the actuarial experience study, and planned follow-up on recommendations at a later meeting.
