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2018-11-28 MINUTES CIVILIAN RETIREMENT COMMITTEE November 28, 2018 A meeting of the Civilian Retirement Committee was held on November 28, 2018 at 1:25 p.m. in the Blair Council Chamber. The meeting was called to order by City Administrator Storm. Those present were Bob Frahm, Gayle Roberts, Pat Long, Brenda Wheeler, Assistant City Administrator Green, and City Administrator Storm, Absent: Terry Vandry, Deanna and Deanna Jensen. Motion by Frahm, second by Roberts to approve the minutes of the May 5, 2018 meeting as presented. All members present voted Aye. Motion carried. City Administrator Storm stated the Committee has been presented with a Qualified Domestic Relations Order (QDRO). The purpose of the QDRO is to divide the City of Blair, Nebraska Civilian Employee’s Pension Plan assets of a former employee because of divorce. The order creates and recognizes the existence of an Alternate Payee’s (Sharon Everhart) right to receive a portion of the Participants (Richard Everhart) benefits payable under the city’s employer sponsored defined benefit pension plan. The Alternate Payee’s may request to elect immediate distribution, but if not, their share of benefits will be segregated and separately maintained in account established on their behalf by Principal until such time they request total distribution. This account will be credited with any interest and investment income or losses that are attributed to this account. This request has been presented through the courts. The city’s Civilian Plan requires all QDRO requests to be considered and approved by the Civilian Pension Committee. Motion by Roberts, second by Long to approve the court ordered QDRO request for former employee Richard Everhart as presented. All members present voted Aye. Motion carried. Motion by Long, second by Frahm to adjourn the meeting at 1:35 p.m. All members present voting Aye. Motion carried.