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, JULY 28, 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:

 

          May 26, 2017.pdf

 

 

II.      FOR APPROVAL:

 

A.               GESE Lump Sum Payments – Exhibit A.pdf

 

B.               GESE Retirements and Deaths – Exhibit B.pdf

 

 

 

 

 

         

 

Agenda –

July 28, 2017

 

 

 

III.    PERSONAL APPEARANCES:

 

          A.      Ms. Judy Marsie-Hazen –

                   Requesting retro retirement payments.pdf

 

          B.      Ms. Naomi I. Beckford –

                   Requesting to change her designated beneficiary.pdf

 

          C.      Ms. Madelin Pacheco –

                   Requesting to rejoin GESE.pdf

 

          D.      Ms. Evelyn Barriel -

                   Opposing Mr. Alfonso’s request.pdf        

 

          E.      Mr. Rene Alfonso –

                   Requesting to change his beneficiary and retirement option.pdf

                   Calculation by Cavanaugh MacDonald.pdf

                   Deferred at the May 26, 2017, Board Meeting

 

 

IV.    COMMISSION OF ETHICS WORKSHOP:

 

          Ethics Training –

          Presented by Mr. Robert Thompson,

          Community Outreach Coordinator

 

 

 

 

 

 

 



 

 

 

 

Agenda –

July 28, 2017

 

 

 

V.      SOUTHEASTERN ADVISORY SERVICES’ REPORT:

 

A.      Intermediate Fixed Income Search.pdf

          Presented by SEAS and CSSC 

         

                   1.  Garcia Hamilton.pdf

                        Presentation.pdf

 

                   2.  Fort Washington.pdf

                        Presentation.pdf                          

 

                    3.  Atalanta Sosnoff.pdf

                        Presentation.pdf

 

                   4.  National Investment Services.pdf

                                     Presentation.pdf

 

 

          B.      EII’s change in investment management approach for

                   the US REIT portfolio.pdf

 

 

 

VI.    ADMINISTRATOR’S REPORT:

 

          A.      Ratify payments to Cavanaugh Macdonald totaling $9,137.00.pdf

 

          B.      ID Expert’s proposal for group credit monitoring services.pdf

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Agenda –

July 28, 2017

 

 

 

 

 

VII.   ATTORNEY’S REPORT:

         

          A.      Update on deceased 2009 beneficiary

 

          B.      Update on FPL issue

 

          C.      Update on Staff Pension Plan

 

          D.      Legal opinion requested by Trustee Moy regarding buybacks from                     employees that worked less than 40 hours a week but were converted to           full-time employees by the city

 

          E.      Comparison between our Pubic Request Policy and that of the

                   Miami-Dade Public School Board

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Agenda –

July 28, 2017

 

 

 

 

 

FOR YOUR INFORMATION ONLY PACKAGE:

Disaster Recovery Plan.pdf

Excess Budget Memorandum.pdf

GESE Budget Memorandum.pdf

GESE Investment Policies.pdf

Public Request Policy.pdf

Summary Plan Description.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/JULY 28, 2017