Police & Fire Pension Board Meeting

Summary

Meeting Overview

The Lexington Fayette Urban County Government Police and Fire Retirement Fund Board met on May 14, 2025, beginning at 9:01 AM. The meeting covered 7 agenda items spanning routine administrative business, retirement approvals, and informational presentations. The Board approved the Treasurer's Report, the April meeting minutes, new business items, service retirements, and disability matters, while receiving the Callen Report and Tributes as informational items. Across the course of the meeting, 13 motions and votes were taken, and no public comments were heard.

Attendance

The following individuals were present at the Board meeting held on May 14, 2025:

• Mr. Jackson
• Mr. O'Connor
• Mr. Hancock
• Susan
• Tommy
• Matt
• Commissioner Armstrong
• Chief Weathers

No absences or late arrivals were recorded for this meeting.

Votes and Decisions

All motions at the May 14, 2025 Board meeting passed by voice vote. No roll call votes were taken, and no mover or seconder information was recorded for most items. The following decisions were made:

• Treasurer's Report & Transfer Letter: The Board accepted the treasurer's report and approved the transfer letter. 29:31

• Widow's Annuities: The Board approved widow's annuities for Trudy Roberts and Linda Wiley. 31:20

• Child's Annuities: The Board approved child's annuities for Devin R. Gales and Emma Roberts. 31:50

• Ghost Time Purchase: The Board approved a ghost time purchase from Michael Jordan. 32:22

• Re-Hearing Scheduling: The Board set a re-hearing for Steve Buxton on June 11, 2025. 32:57

• May Disbursements: The Board approved disbursements for May. 34:02

• Service Retirement: The Board approved a service retirement for Sergeant Anthony Bottoms of the Division of Police. 34:32

• Disability — Eric Chumley: The Board approved a disability determination for Eric Chumley, Division of Police. 35:02

• Disability — James Cropper: The Board approved a disability determination for James Cropper, Division of Fire. Matt provided the second on this motion. 35:32

• Disability — Greg Lingle: The Board approved a disability determination for Greg Lingle, Division of Fire. 36:02

• Third Doctor Referral — Jamie Tinsley: The Board approved sending Jamie Tinsley of the Division of Fire to a third doctor for evaluation. 36:32

• Disability — Dustin Dunn: The Board approved a disability determination for Dustin Dunn, Division of Fire. 37:02

• Doctor Referral — Jacob Webster: The Board approved sending Jacob Webster of the Division of Police to appropriate doctors for evaluation. 37:32

All thirteen motions passed. Because votes were conducted by voice, individual ayes and nays were not recorded in the meeting record.

Callen Report

1:04

Mr. Jackson and Mr. O'Connor delivered the Callen Report, presenting a capital market review and an overview of fund performance.

The presentation covered the market's response to tariffs and examined the performance of various asset classes. No further detail on specific figures, asset class breakdowns, or conclusions was recorded in the available meeting data.

This item was informational in nature; no vote or formal action was taken.

Treasurer's Report

28:58

Mr. Hancock presented the Treasurer's Report to the Board, covering the organization's current financial standing. His presentation included financial statements, a fund reconciliation, and a review of activity for the checking account. Mr. Hancock also reported on the value of the plan.

No additional concerns or debate were noted in connection with this item. The Board approved the Treasurer's Report.

Minutes for April

30:10

The Board took up the April meeting minutes for review and approval. Tommy raised a correction to the minutes as drafted, noting an error regarding who had chaired the April meeting. No additional concerns or objections were recorded during the discussion.

Following the correction, the Board approved the minutes for April.

New Business

31:20

The Board took up several items under New Business, covering a range of benefit and administrative matters.

Susan presented the following items for Board consideration:

• Widow's Annuities — Annuity benefits for qualifying widows were brought before the Board for review and action.
• Child's Annuities — Annuity benefits for qualifying children were similarly presented for Board consideration.
• Ghost Time Purchase — A ghost time purchase request was reviewed by the Board.
• Re-Hearing Request for Steve Buxton — A request for a re-hearing involving Steve Buxton was brought before the Board for discussion and action.

All items presented under New Business were approved by the Board.

*Note: Detailed discussion points, specific figures, and individual case details for each sub-item were not available in the source materials. Readers seeking additional specifics are encouraged to consult the full meeting transcript beginning at timestamp 31:20.*

Service Retirements

34:32

The Board took up the matter of a service retirement from the Division of Police. Susan presented the retirement of Sergeant Anthony Bottoms for the Board's consideration. No additional details regarding the length of service, effective date, or other specifics of the retirement were recorded in the available materials.

The Board approved the service retirement of Sergeant Anthony Bottoms.

Disabilities

35:02

The Board took up disability applications from members of the Division of Police and Fire. Susan presented the applications for the Board's consideration.

The Board approved the disability applications as presented.

Tributes

37:02

The Board observed a tribute segment honoring three individuals who passed away in April 2025: Jason Roberts, Devin Gales, and Robert Wiley. Commissioner Armstrong and Tommy were among those who spoke, offering condolences on behalf of the Board.

The item was informational in nature, with no action taken.