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4.03 4.3 FIRE&RESCUE\Service_ward Program—Hardship Case—Pre-Entitlement PaNlOut Due to Disability—Frederick Schaff—9-28-15 RESOLUTION AUTHORIZING PRE-ENTITLEMENT AGE PAYOUT OF VOLUNTEER FIREFIGHTER SERVICE AWARD PROGRAM RETIREMENT BENEFITS TO FREDERICK SCHAFF RESOLUTION NO.: ,2015 INTRODUCED BY: WHO MOVED ITS ADOPTION SECONDED BY: WHEREAS, the Queensbury Town Board previously adopted a Volunteer Fire Fighter Service Awards Program, and WHEREAS, the Town Board previously authorized engagement of PENFLEX, Inc., the Town's Service Award Program Specialists, and WHEREAS, the Town's Service Award Plan provides that volunteers may receive their retirement benefits upon reaching the age of 62, and WHEREAS, by letter to the Town dated September 15t1i 2015, PENFLEX, Inc., has advised the Town Board that Frederick Schaff, a 52 year old member of the South Queensbury Volunteer Fire Company, has requested Town Board authorization for an early payout of his Service Award Plan retirement benefits in the amount of approximately $9,538.05, as Mr. Schaff has suffered a qualifying, total and permanent disability which now prevents him from being an active member of such Fire Company, and WHEREAS, the Town Board may grant early payouts on a case-by-case basis, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board has considered the request of Mr. Frederick Schaff and as a result of Mr. Schaff s qualifying, total and permanent disability, hereby authorizes the pre-retirement, early payout of Service Award Plan retirement benefits to Mr. Schaff in the approximate amount of$9,538.05 as delineated in the preambles of this Resolution, and BE IT FURTHER, RESOLVED, that the Town Board authorizes and directs the Town Supervisor to sign any needed documentation to effectuate such payout and transmit a certified copy of this Town Board Resolution to PENFLEX, INC., and the Town Supervisor and/or Town Budget Officer to take such other and further action necessary to effectuate the terms of this Resolution. Duly adopted this 28th day of September, 2015, by the following vote: AYES NOES ABSENT: 2 4 PENFLEX , INc. SERVICE AWARD PROGRAM SPECIALISTS (800)742_1409 50 Century Hill Dr.Suite 3 Latham,NY 12110 (518)783-6933 September 15, 2015 Ms. Victoria LaMarque Executive Assistant to the Supervisor Town of Queensbury 742 Bay Road Queensbury, NY 12804 Re: South Queensbury Volunteer Fire Company Dear Ms. LaMarque: Participant Frederick Schaff has applied for a Total and Permanent Disability benefit from the Town of Queensbury Volunteer Firefighter Service Award Program. Enclosed with this letter is a copy of his application, a letter from his doctor certifying his disability and an acknowledgement signed by Mr. Schaff confirming he understands that, after being paid this disability benefit, he will no longer be able to participate in the Town of Queensbury Volunteer Firefighter Service Award Program. Based on our understanding of the Plan Document and our conversations with Town Officials, we believe Mr. Schaff is eligible to be paid a Total and Permanent Disability benefit from the service award program. If the Town Board agrees with our finding, please copy the enclosed letter onto Town letterhead, have it signed by the Town Supervisor, and mail it to Matt Becker at Glens Falls National Bank. Please send us a copy of the signed letter for our records. By signing and sending this letter, the Town will authorize Glens Falls National Bank to pay Mr. Schaff his December 31, 2014 account balance of$9,538.05. I hereby certify that the amount shown has been calculated in accordance with our understanding of the provisions of the Town of Queensbury Volunteer Firefighter Service Award Program based on the information submitted to Penflex, Inc. by the Town of Queensbury. Sincerely, Anthony Hill Director of Operations ahil I(c�penflexinc.corn Enclosure cc: Mr. Kenneth Topping, Jr., South Queensbury Vol. Fire Co. Mr. Frederick Schaff, participant (no enclosure)