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, NOVEMBER 17, 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.       PRESENTATION OF PLAQUE:

 

          Appreciation Plaque presented to

          Mr. Jose Fernandez of Cavanaugh MacDonald

          Presented by Chairman Fernandez

 

         

II.      APPROVAL OF MINUTES:

 

          September 29, 2017.pdf

 

 

 

 

 

 

Agenda –

November 17, 2017

 

 

III.    FOR APPROVAL:

 

A.               GESE Lump Sum Payments – Exhibit A.pdf

 

B.               GESE Retirements and Deaths – Exhibit B.pdf

 

 

IV.    PERSONAL APPEARANCES:

 

          A.      Ms. Naomi I. Beckford –

                   Requesting to change her designated beneficiary.pdf

                   Actuarial Calculation.pdf       

                   Deferred at the September 29, 2017, Board Meeting

 

          B.      Ms. Myriam Caquimbo –

                   Requesting to change her designated beneficiary.pdf

 

          C.      Mr. Roberto Fenton –

                   Requesting to buyback prior service.pdf

 

 

V.      ADMINISTRATOR’S REPORT:

 

          Update on building overhaul

 

 

VI.    ATTORNEY’S REPORT:

                   

          A.      Update on Mr. Ducarmel Bonica

         

          B.      Final Summary on UPS Case.pdf

 

          C.      Legal opinion regarding reverting pension benefits.pdf

 

 

 

 

 

Agenda –

November 17, 2017

 

VII.   SOUTHEASTERN ADVISORY SERVICES’ REPORT:

 

A.        GESE Plan Performance Report

For Quarter ended September 30, 2017.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

 

B.        DROP Plan Performance Report

For Quarter ended September 30, 2017.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

 

C.        Staff Plan Performance Report

For Quarter ended September 30, 2017.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

 

          D.      Asset Liability Modeling Report.pdf

Presented by Ms. Hilda Thompson and

Mr. Jose Fernandez

 

 

VIII. CONSULTING SERVICES SUPPORT CORPORATION

 

          Quarterly Performance Analysis.pdf

          Presented by Mr. Eric Smith

 

 

IX.    MONEY MANAGERS’ REPORT:

 

          A.      Seix.pdf

 

          B.      EII Board Presentation.pdf

                    EII Third Quarter Report.pdf

                   Proxy Report.pdf   

                   Reit Sector Weights.pdf  

                   Strategy Attribution.pdf

 

          C.      Atlanta Capital Management.pdf

                   Send in the Clowns.pdf

 

Agenda –

November 17, 2017

 

 

 

 

 

FOR YOUR INFORMATION ONLY PACKAGE:

Approved 2018 Board Meeting Dates.pdf

Barings Performance Report.pdf

Cooke & Bieler Performance Report.pdf

Cramer Performance Report.pdf

Cramer Proxy Report.pdf

Richmond Capital.pdf

SSGA Forecast 2017.pdf

SSGA Quarterly Investment Commentary.pdf

SSGA Quickview Valuation.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/NOVEMBER 17, 2017