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Allentown pension panels approve multiple retirement payments, returns of contributions and recalculations

2557425 · February 18, 2025
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Summary

Fire, Police and aggregate pension panels approved individual pension payouts, returns of contributions and recalculated pension amounts, and recorded several written‑vote formalizations.

Several Allentown pension panels on Feb. 18 approved routine pension payments, returns of contributions and recalculated benefit amounts for named members listed on the meeting agenda.

Why it matters: Formal approvals on individual pensions and returns of contributions recognize retiree and beneficiary entitlements and update plan liabilities that feed into actuarial valuations and employer contribution projections.

Summary of approvals During the Fire Pension Board portion of the meeting the board approved a return of contributions for Eli Denneker in the amount of $101.40. The board also approved a corrected arbitration‑related return for a member recorded in the packet; staff said the correct return amount is $6,613.41 (the packet had an incorrect figure). The Fire board approved a survivor benefit for James Westco (survivor payout noted in the packet as $31,375.76) as information on the agenda.

During the Police Pension Board session, the board approved individual pensions and returns listed on the agenda, among them: - James Williams: return of contributions $334.01 (motion made and second recorded, approved). - Sarah Messina: return of contributions $5,614.19 (approved). - Zachary/"Zacni" (transcript: "Zachary Bugnis"): pension listed as $31,545.49 per year effective 06/25/2032 (approved). - Ismail Sagara: recalculated pension $32,435.58 per year effective 11/06/2031; staff said the recalculation reflects a 50% service factor consistent with the CBA/ordinance and the board approved the recalculated amount.

Board members also formalized a block approval for pensions that had already been approved by proxy/written votes earlier; the board moved and approved those written‑vote items as a single formal roll‑call action to record them in the meeting minutes.

Vote practice and motions Most individual pension approvals were moved and seconded on the record; when items had previously been approved by written proxy the board formally voted to record those approvals in a single group vote. Roll call votes were recorded for approvals; no nays were recorded on the individual pension motions that appeared in the meeting transcript.

Ending: The meeting record shows the boards approved the listed pensions, returns of contributions and recalculations; staff will carry out the benefit payments and record updates for actuarial reporting.