Item C19:1•' 1 ! 1 1' 1' '
AGENDA
Meeting Date: August 15, 2012
Bulk Item: Yes x No
Division Emergency Services
Department: Fire Rescue
Staff Contact Person/Phone #:Claudia Wilkerson
305-289-6014
AGENDA ITEM WORDING: Approval by the Board, acting as Plan Administrator of the Length of
Service Award Plan (LOSAP) to begin 10-year disbursement of funds to one eligible participant, with a
monthly benefit of $270.00 commencing September 1, 2012.
ITEM BACKGROUND: In June of 1999, the Board approved an Ordinance providing for the
creation of a Length of Service Award Plan. A member is now eligible for benefits as of
September 1, 2012.
PREVIOUS RELEVANT BOCC ACTION: On June 9 1999, the Board approved Ordinance
No.026-1999 providing for the creation of a Length of Service Award Plan. Subsequently, annually the
Board has approved the current actuarial valuation and credit of an additional year of service.
CONTRACT/AGREEMENT CHANGES: Not applicable.
TOTAL1 ,411 11 INDIRECT COST:BUDGETED: No
1111 W W D1 '
M`T/0
SOURCE OF FUNDS: LOSAP Trust Fund
Account#14500 530360
REVENUE PRODUCING: Yes _ o X AMOUNT PER MONTH Year
0 � GC/ I
APPROVED BY: County Atty OMB/Purchasing Risk Management_
DOCUMENTATION: Included
Revised 7/09
Not Required X