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, SEPTEMBER 26, 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.          APPRECIATION PLAQUE PRESENTED TO DEPARTING TRUSTEES:

 

 

 

II.        WELCOMING/INTRODUCTION OF NEW TRUSTEES TO THE BOARD:

 

 

 

III.       ELECT NEW VICE-CHAIR:

 

 

 

IV.       APPROVAL OF MINUTES:

 

            July 25, 2014.pdf

 

 

 

 

 

Agenda

September 26, 2014

 

               

V.        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.                 GESE Forward DROP – Exhibit C.pdf

 

 

VI.       FOR DISCUSSION:

 

            Auditor’s withdrawal of partner/change of firm name

 

 

VII.     CAVANAUGH  MACDONALD CONSULTING, LLC.

 

            Proposed professional services agreement.pdf

           

 

VIII.    ATTORNEY’S REPORT:

 

A.          Update on lawsuit against the Board and individual Staff Members

 

B.           Update on C&J Class Action Lawsuit

 

C.           Update on budget

 

 

IX.       ADMINISTRATOR’S REPORT:

 

            Proposed 2015 board meeting dates.pdf

           

 

 

 

 

 

 

 

 

 

 

 

Agenda

September 26, 2014

 

 

X.        SOUTHEASTERN ADVISORY SERVICES’ REPORT:

 

A.          GESE Performance Report for quarter ended June 30, 2014.pdf

-          Historical Earnings Chart.pdf

 

B.           DROP Performance Report for quarter ended June 30, 2014.pdf

 

 

XI.       MONEY MANAGERS’ REPORT:

           

A.          Chicago Equity.pdf

                        Memo.pdf

 

B.           Cramer Rosenthal.pdf

Cramer Proxy.pdf

                        Cramer Brokerage Commission.pdf

 

C.           Barings.pdf

Barings Proxy.pdf

Top 10 Borkers.pdf

Memo.pdf

                       

D.          Herndon.pdf

Herndon Proxy Report.pdf

 

 

FOR YOUR INFORMATION ONLY PACKAGE:

Budget Approval Memorandum for Mayor, City Commissioners and City Manager.pdf

EII.pdf

Insight Capital.pdf

NFJ/Alliance.pdf

NFJ Commentary.pdf

NFJ Updated.pdf

Richmond Capital.pdf

Seix.pdf

Seix 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/AGENDA2014/SEPTEMBER 26 2014