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 30, 2014

 

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 Sandra Elenberg, 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 21, 2014.pdf

 

 

II.      FOR APPROVAL:

 

A.               GESE Retirements – Exhibit A.pdf

 

B.               GESE Refunds of Contributions – Exhibit A.pdf

 

C.               GESE Ordinary Death Benefit – Exhibit A.pdf

 

D.               GESE Accrued Leave Balance Rollovers – Exhibit B.pdf

 

E.                Staff Forward DROP – Exhibit F.pdf

 

 

 

Agenda

May 30, 2014

 

III.    PERSONAL APPEARANCE:

 

          Mr. Richard J. Badali.pdf –

          Requesting to change his beneficiaries

 

 

IV.    CAVANAUGH MACDONALD CONSULTING, LLC:

 

GESE Summary of Plan Changes (Draft).pdf

Presented by Mr. Jose Fernandez

 

 

V.      ATTORNEY’S REPORT:

 

 

VI.    ADMINISTRATOR’S REPORT:

 

          Proposed Disaster Recovery Plan.pdf

 

 

VII.   SOUTHEASTERN ADVISORY SERVICES’ REPORT:

 

A.      GESE Plan Quarterly Performance Report

For quarter ended March 31, 2014.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

 

-         Historical Earnings.pdf

 

B.      Staff Plan Semi-Annual Performance Report

For quarter ended March 31, 2014.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

 

B.      DROP Plan Quarterly Performance Report

For quarter ended March 31, 2013.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

 

          D.      Cash flow needed for benefit payments.pdf

 

Agenda

May 30, 2014

 

 

VIII.  MONEY MANAGERS’ REPORT:

 

A.        Atlanta Capital Management.pdf

 

B.        Cramer Rosenthal.pdf

Proxy Report.pdf

 

C.        Cooke & Bieler.pdf

 

D.        EII.pdf

Proxy Report.pdf

Sector Weightings.pdf

Review & Outlook.pdf

Attribution.pdf

 

E.         Richmond Capital Managemnet.pdf

                  

 

 

 

FOR YOUR INFORMATION ONLY PACKAGE:

Approved GESE Budget.pdf

Approved GESE Budget Explanation.pdf

Approved Excess Benefit Plan Budget.pdf

Allianz March.pdf

Allianz April.pdf

Baring Performance Report.pdf

Baring Proxy Report.pdf

Chicago Equity.pdf

Herndon Capital Performance Report.pdf

Herndon Proxy Report.pdf

Insight Capital.pdf

Seix Letter.pdf

Seix Performance Report.pdf

 

 

 

 

 

 

 

 

 

 

WRD/R/AGENDA2014/MAY 30 2014