[{"_1":2,"_99":-5,"_100":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6547824,"mediaKeyId","3764678-5065eeb0ade9bb87bc835c42ae4f3ed1","parentId",3764678,"title","Pension board approves minutes, disbursements, military-time purchase and disability referral; rehearing date set with quorum caveat","audioSeconds",28,"startMs",590000,"endMs",618000,"viewUrl","/Search/View?dp=1&key=3764678-5065eeb0ade9bb87bc835c42ae4f3ed1&start=590&end=618","thumbnailUrl","https://assets.pipeline.soar.com/3764678-5065eeb0ade9bb87bc835c42ae4f3ed1/thumbnail_590000.jpg","articleUrl","/articles/6547824/Lexington-City/Fayette-County/Kentucky/Pension-board-approves-minutes-disbursements-military-time-purchase-and-disability-referral-rehearing-date-set-with-quorum-caveat","mediaUrl","https://secure.pipeline.soar.com/6547824-7c136a79cf97ae57c844f53be7037c46/orig.mp4?Expires=1771151216&Signature=MrjG6UzY~z00gGh2RKAl0fFAlExPTUfr4EcYg1xPRQbFfiOexyP3685BelkJJId8jtAziPE6uqgVzbF6FULsVq~GHUATkfL8-bpc78nD46rhZMNYyRiXjLbVfGr632jfuv~RWxL3Ag0VdQK8vqL2nAL93N-mXLxEsuwWn77dAtYCFv1M31jycUi49oNRF4~7uKi1V4pDGOfukmOReIVmfOvOibcnYH-Su6WKl3fuKAroCvgmSk4-vlw9mmXaUi2Yjo5I9jB5odkxU~LUvWWLjD8nBqWqzHcri015Xbwr3qC1ebmUpf0IcPl6cQsedaV8KpZE18galKx3vyaHcexRGA__&Key-Pair-Id=KUT5TJCACFTXG","author","Lexington","date","2025-06-11T00:00:00Z","article","The Police and Fire Retirement Fund Board on June 11, 2025 approved a series of routine and case-specific motions, including purchase of military service time for an employee, approval of May disbursements, and referral of a disability application for independent medical review.

The actions matter because they directly affect individual benefits and the board's administrative schedule.

Minutes and disbursements: The board approved the minutes of the May meeting and the May disbursements as presented. Both motions passed by voice vote with no opposing votes recorded on the transcript.

Purchase of military time: The board approved a motion to purchase military time for Christopher Carrington. The motion was made during new business and passed by voice vote.

Rehearing date for Stephen Buxton: The board approved a request to reschedule the rehearing for Stephen Buxton to July 9, 2025, the board's next regular meeting, subject to confirmation that a quorum will be present. Several board members noted they would be unavailable on July 9 and staff were asked to confirm quorum; if a quorum is not available the rehearing may be rescheduled for the August meeting.

Disability applications: Board members noted that Patrick McMullen withdrew his disability application (listed for information). Separately, the board accepted the application of Shannon Gayhafer, Division of Police, to convert an existing service retirement to a total and permanent occupational disability and voted to send the application to the appropriate physicians for review; that motion passed by voice vote.

Adjournment: The board voted to adjourn at the close of the meeting.

Votes recorded in the meeting were by voice; the transcript does not record individual named vote tallies for these motions.","mediaType","Video","parentTitle","Lexington - Police & Fire Pension Board Meeting - Jun 11, 2025","oneSentenceSummary","The Police and Fire Retirement Fund Board on June 11, 2025 approved a series of routine and case-specific motions, including purchase of military service time for an employee, approval of May disbursements, and referral of a disability application for independent medical review.","taxTitle","Lexington City, Fayette County, Kentucky","taxId",5707,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6547829,"Police and Fire pension fund valued at $994.9 million; $8 million in cash queued for LaSalle",111,177000,288000,"/Search/View?dp=1&key=3764678-5065eeb0ade9bb87bc835c42ae4f3ed1&start=177&end=288","https://assets.pipeline.soar.com/3764678-5065eeb0ade9bb87bc835c42ae4f3ed1/thumbnail_177000.jpg","/articles/6547829/Lexington-City/Fayette-County/Kentucky/Police-and-Fire-pension-fund-valued-at-9949-million-8-million-in-cash-queued-for-LaSalle","https://secure.pipeline.soar.com/6547829-b517127d6fbff210592a0aa29ec4e615/orig.mp4?Expires=1771151216&Signature=VbFkq3XxiF24VRE~sReOuH7UZ5~Kn3IEaM2sJ7jAmbQ3vbtqDWBJiNi9z1e9JolwPOEXg2ASbSA-GB3sxMrYA1U84sY6zJksuC9p8Ene8hmyN12FxCNDVjMhOLpn-cgWsqBWkFkEMyNYJzjyOBWk~ypx5eTSl1SHWxbBh82pyCJS-vzdKXbrhc52VBzGRIRlCEkxv7VaNWyHFN0-6LwPG5eUiHy1afnyTWWgNKQYMGMBZ08VPYN4~aeCycJTqSDkXQLcCtnPVXih6OJX3lVab7kQcSBMe8x-74~W6wUWdeUAbrGi6gzlI-ipTTqWZpafGEA54-wjUzktZtRHvTPZVA__&Key-Pair-Id=KUT5TJCACFTXG","The Police and Fire Retirement Fund Board on June 11, 2025 heard a treasurer's report showing the plan's value at $994,916,116.44 and approved an amended transfer letter.

The update matters because it outlines where large portions of the fund's assets are placed and the board's plan to move cash into private investments over multiple quarters.

Chad, Treasurer, told the board the value of the plan \"as of yesterday morning was $994,916,116.44, which compares to last month at $982,890,992.23.\" He said the board currently has $8,000,000 in cash that has been queued to move to LaSalle but has not yet been transferred. \"What's gonna happen in July is they're gonna give us an amount that we can move again. And part of that will be this $8,000,000,\" Chad said, adding that Callan will direct additional moves from equity funds.

Board discussion clarified that transfers to LaSalle happen on a quarterly basis and that the board has requested $21,000,000 be placed in the queue for investment. Chad described the process as multi-step and uncertain in timing: \"So, once again, this is gonna be a process\" and later noted LaSalle handles allocations in \"chunks\" and the pace depends on other investors and sales by JPMorgan.

The treasurer noted the cash balance is currently earning roughly \"4 something percent,\" a significant improvement from the low rates before 2022. He said a separate call for JP Morgan will follow the LaSalle call and could move additional cash into securities after that call.

A motion to accept the treasurer's report and approve the amended transfer letter passed by voice vote.

The board did not set a precise timetable for all transfers; board members were told the queue and fund managers (Callan, LaSalle, JP Morgan) will determine when cash is invested.","At its June 11 meeting, the Police and Fire Retirement Fund Board heard a treasurer's report showing the fund's value at $994,916,116.44 and discussed quarterly transfers that have put $8,000,000 in cash pending investment with LaSalle; the board approved the report and transfer letter.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6547820,"Board honors four deceased members of police and fire divisions",204,623000,827000,"/Search/View?dp=1&key=3764678-5065eeb0ade9bb87bc835c42ae4f3ed1&start=623&end=827","https://assets.pipeline.soar.com/3764678-5065eeb0ade9bb87bc835c42ae4f3ed1/thumbnail_623000.jpg","/articles/6547820/Lexington-City/Fayette-County/Kentucky/Board-honors-four-deceased-members-of-police-and-fire-divisions","https://secure.pipeline.soar.com/6547820-e64f5db12ad3ac7b719ee277c53fb970/orig.mp4?Expires=1771151216&Signature=fRWTJeuYl2CfZtet2wbGJCx99Wsv~TNiyU1zyrdhzeUvtNBxd5JGUM-CV0kFiQ1pg4OEqC-8XLO~eFWKp58wASgWKUZr4LfcqY0OO7GbLS8M7m8a8rr0HmAUP3WXWt-E1IN0hsk0aPDQAi1OpFDiLwOVV~0LLObJ8E~3EkypfkBwAFiZBmjibGkOv1Uxqa0XA42y1qHa1UE35ln~e3Kc4unkP8r1jSZ9Bgs5gm5f9IV3MgmjmRPtMhrje-n2wvTuKcjCihEP-4TdZrV4-JEWoB3TVJwgvnIuvNj2cY5jPIDkO~tYN9~dk5PBUf1JPYx0nrj3-2uClyXcO3Ha1ccV3g__&Key-Pair-Id=KUT5TJCACFTXG","The Police and Fire Retirement Fund Board on June 11, 2025 paused its agenda to honor four members and relatives who recently died: James Garnett (Division of Police), who died May 24; Richard Faulkner (Division of Fire), who died May 28; Jill Winings, widow of Harold Winings (Division of Police), who died May 28; and Stuart Brashear (Division of Fire), who died June 5.

Board members said the tributes recognized long service and contributions to public safety.

Board member Tommy Puckett recalled James Garnett as \"a very knowledgeable, very calm, very calming type person\" and said, \"He will be missed.\" Another board member who served with Harold Winings noted Harold's long narcotics work and offered condolences to Winings's family. Regarding the fire members, colleagues said they had heard from multiple acquaintances who described Richard Faulkner as \"a great guy\" and offered condolences to his family; similar remarks were made about Stuart Brashear.

The mayor added remarks honoring the officers and the widow, noting the years of public service and extending thoughts to the families.

The board then moved on to subcommittee updates and other business.","The Police and Fire Retirement Fund Board paused for tributes on June 11 to honor James Garnett (police), Richard Faulkner (fire), Jill Winings (widow of Harold Winings, police) and Stuart Brashear (fire); members shared memories and offered condolences to families.","actionData","errors"]

Article not found

Pension board approves minutes, disbursements, military-time purchase and disability referral; rehearing date set with quorum caveat

Police and Fire pension fund valued at $994.9 million; $8 million in cash queued for LaSalle

Board honors four deceased members of police and fire divisions