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 27, 2016

 

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 16, 2016.pdf

 

 

II.      FOR APPROVAL:

 

A.               GESE Lump Sum Payments – Exhibit A.pdf

 

B.               GESE Retirements and Deaths – Exhibit B.pdf

 

 

 

 

 

 

Agenda

May 27, 2016

 

 

III.    PERSONAL APPEARANCES:

 

A.        Mr. Julio Morina –

     Requesting to remove his former spouse as beneficiary.pdf

 

B.        Mr. Daniel Diaz –

                    Requesting to rejoin GESE.pdf

                    Deferred at the January 29, 2016, Board Meeting

 

C.        Mr. Xavier E. Alban –

     Requesting to rejoin GESE.pdf

 

 

IV.    DISABILITY APPLICATION:

 

          Mr. Andrew Cruse’s disability application

 

 

V.      ATTORNEY’S REPORT:

 

          A.      Update on Request For Information (RFI) regarding building or

     renting a new premises for the Pension Trust

 

          B.      Proposal from Smith Engineering Consultants, Inc.pdf

 

 

VI.    FOR DISCUSSION:

 

          Future of the Pension Office Building

 

 

VII.   PENSION ADMINISTRATOR’S REPORT:

 

A.               Proposed Disaster Recovery Plan.pdf

 

 B.      Approve Ms. Irma Saldana’s revised Offer of Employment.pdf

-         Update – Administrator is requesting to remove this item from the agenda.

Deferred at the January 29, 2016, board meeting

 

Agenda

May 27, 2016

 

 

VIII.  SOUTHEASTERN ADVISORY SERVICES’ REPORT:

 

A.      GESE Plan Quarterly Performance Report

For quarter ended March 31, 2016.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

 

B.      Staff Plan Semi-Annual Performance Report

For quarter ended March 31, 2016.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

 

C.      DROP Plan Quarterly Performance Report

For quarter ended March 31, 2016.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

 

D.        Cash flow needed for GESE benefit payments.pdf

 

E.         Cash flow needed for Staff benefit payments.pdf

 

 

IX.    MONEY MANAGERS’ REPORT:

 

A.        Barings.pdf

     Top 10 Brokers.pdf

 

B.        Chicago Equity.pdf

 

C.        Herndon Capital.pdf

          Notice of Class Action for Cliffs Natural Resources.pdf

          Compliance Letter.pdf

          Proxy Vote on Apple’s General Meeting Proposal #6.pdf

 

D.        Atlanta Capital.pdf

 

E.         NFJ/Allianz.pdf

          Review and Commentary.pdf

 

 

Agenda

May 27, 2016

 

 

X.      COMMISSION OF ETHICS WORKSHOP:

 

          Ethics training -

          Presented by Mr. Robert Thompson,

          Community Outreach Coordinator

 

 

FOR YOUR INFORMATION ONLY PACKAGE:

Approved/Revised GESE Budget and Exhibit A.pdf

Approved Excess Benefit Plan Budget.pdf

Approved Final CAFR-Fiscal year 2015.pdf

Cooke & Bieler Performance Report.pdf

Cramer Performance Report.pdf

Cramer Proxy Voting.pdf

EII Performance Report.pdf

EII US Strategy Attribution.pdf

EII Proxy Voting.pdf

EII Sector Weight.pdf

EII First Quarter Outlook.pdf

Richmond Performance Report.pdf

Seix Quarterly Report.pdf

Seix Quarterly Letter.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/AGENDA2016/MAY 27 2016