AGENDA

 

 

MEETING OF THE CITY OF MIAMI

GENERAL EMPLOYEES’ AND SANITATION EMPLOYEES’

RETIREMENT TRUST

 

THE ROSE GORDON BUILDING

2901 BRIDGEPORT AVENUE

WALDEMAR LEE CONFERENCE ROOM

COCONUT GROVE, FLORIDA 33133

TELEPHONE: 305-441-2300    FAX: 305-441-2307

 

FRIDAY, MAY 26, 2017

 

9:00 AM

 

The items on this agenda are for discussion and recommendations for actions to be taken by the Board.  Please be advised one or more City of Miami Commissioners may be in attendance.

If a person decides to appeal any decision made by the board with respect to any matter considered at this meeting or hearing, he/she will need a record of the proceedings and for such purpose he/she may need to ensure that a verbatim record of the proceeding is made, which record includes the testimony and evidence upon which the appeal is to be based.

 

Source: Section 286.0105 Florida Statutes 1980, Municipalities and Municipal Boards

 

In accordance with the American with Disabilities Act of 1990, persons needing a special accommodation to participate in this proceeding should contact Edgard Hernandez, Pension Administrator, no later than 7 days prior to the proceeding. Telephone (305) 441-2300 for assistance; if hearing impaired, telephone the Florida Relay service numbers, (800) 955-8771, (TDD) or (800) 955-8770 (Voice), for assistance.

 

 

Pension Administrator’s letter to the board.pdf

 

 

I.       APPROVAL OF MINUTES:

 

          March 17, 2017.pdf

 

 

II.      FOR APPROVAL:

 

A.               GESE Lump Sum Payments – Exhibit A.pdf

 

B.               GESE Retirement and Deaths – Exhibit B.pdf

 

 

 

 

 

         

 

Agenda –

May 26, 2017

 

 

 

III.    PERSONAL APPEARANCE:

 

          A.      Mr. Daniel Newhoff –

                    Requesting to buyback time previously offered

 

          B.      Mr. Rene Alfonso.pdf

                   Requesting to change his beneficiary and retirement option

 

          C.      Mr. Daniel Diaz.pdf -

 

          D.      Mr. Xavier Alban.pdf -

 

 

IV.    ATTORNEY’S REPORT:

         

A.      Update on Consulting Services Support Corporation

 

          B.      Update on deceased 2009 beneficiary

 

          C.      Update on IRS Determination Letter

 

          D.      Update on negotiations with FPL and Smith Engineering.pdf

 

 

V.      ADMINISTRATOR’S REPORT:

 

          A.      Proposed Disaster Recovery Plan.pdf

 

          B.      Proposed Summary Plan Description (SPD).pdf

 

          C.      Proposed Public Request Policy.pdf

 

 

 

 

 

 

 

Agenda –

May 26, 2017

 

 

VI.    SOUTHEASTERN ADVISORY SERVICES’ REPORT:

 

A.      Intermediate Fixed Income Search Update.pdf

          Comparative Evaluation of Fixed Income Managers.pdf

          Presented by SEAS and CSSC 

 

B.      GESE Plan Quarterly Performance Report

For quarter ended March 31, 2017.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

 

C.      Staff Plan Semi-Annual Performance Report

For quarter ended March 31, 2017.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

 

D.      DROP Plan Quarterly Performance Report

For quarter ended March 31, 2017.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

 

          E.      Cash flow needed for the Staff Plan.pdf

 

               

VII.   MONEY MANAGERS’ REPORT:

 

A.        Atlanta Capital.pdf

Opinion and Analysis.pdf

 

B.        Barings.pdf

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FOR YOUR INFORMATION ONLY PACKAGE:

Approved Comprehensive Annual Financial Report.pdf

Approved Excess Plan budget.pdf

Approved GESE Plan budget.pdf

Approved Personnel Office Manual.pdf

Chicago Equity Quarterly Performance Report.pdf

Cooke & Bieler Quarterly Performance Report.pdf

Cramer Proxy Report.pdf

Cramer Quarterly Performance Report.pdf

EII Market Review and Outlook.pdf

EII Proxy Vote Report.pdf

EII Quarterly Performance Report.pdf

EII Sector Weights.pdf

EII Strategy Attribution.pdf

Richmond Capital Quarterly Performance Report.pdf

Seix Letter.pdf

Seix Quarterly Performance Report.pdf

SSGA Quarterly Performance Report.pdf

 

 

 

The items listed on this agenda are only for discussion and do not reflect a policy change until the board moves and approves a particular item.

 

 

WRD/R/AGENDA2017/MAY 26, 2017