Fund Updates

Fund Administrator Retirement

Effective immediately, Wednesday, June 9th, I am retiring as Fund Administrator.

 

It's been a pleasure serving the Austin firefighters. The Fund and the members deserve a smooth transition so services are not disrupted. The past year has proven that Premal and Kendall are up to the task. They are a good team and we are lucky to have them.

Premal has demonstrated he is more than qualified and capable of taking over as the Fund Administrator. His 12 years of experience working with the firefighters, both as the Association's Director of Operations and as our Deputy Fund Administrator, is invaluable. I have always believed in promoting from within as there is no better training than practical experience.

 

To assure continuity of efficient member services the next step should be to hire an Administrative Assistant to join the team and provide support. Premal did a great job when we hired Kendall and I'm confident in his judgment in finding the right person.

 

Thank you,

Bill            

  • Code of Ethics:  Adopted April 26, 2021.

  • Rules Restatement: Other changes were made after our March 2021 meeting, see the Updated proposed revisions would amend (1) Section III to reflect updates in the federal plan qualification rules, (2) Section IV to clarify certain trustee election procedures, and (3) Sections VIII and XIII to incorporate two previously adopted stand-alone amendments related to the COLA Adjustment Policy regarding Minimum Benefits and the Appeal of Benefit Determinations rule.

 Click here to email your comments. 

May 2021 Board Meeting 
Draft Minutes


DRAFT ONLY—SUBJECT TO FINAL BOARD APPROVAL

 

These draft minutes are provided for informational purposes only and are subject to change prior to final approval by the Board of Trustees.

June Board Meeting call-in information.

Join from the meeting link

https://afrs-lfl.my.webex.com/afrs-lfl.my/j.php?MTID=m7e012b2e167322a05cebfd522c37218d

Dial-in number:                     408-418-9388

with access code:                 182 283 9320

Meeting password:    Jun2021 (by phone 5862021)

2020 Actuarial Study and Audit are in progress.
We will post here when complete
Click here for the 2019 Annual Report

 2020 Retiree Update

The 2020 Retiree Update Letter has been mailed out to all retirees.  Just in case you wish to read in a soft copy please click on the link below.  Please note the letter contains updates regarding COLA, Firefighters who have passed, and other helpful information.

2020 Retiree Update

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