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 21, 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:

 

A.          September 26, 2014.pdf

Motions.pdf

 

B.           October 10, 2014.pdf

Motions.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.                 GESE Forward DROP – Exhibit C.pdf

 

 

 

Agenda

November 21, 2014

 

 

III.       PERSONAL APPEARANCE:

 

            A.        Mr. Henry Hunnefeld -

Requesting to purchase three years of unaccrued service time

 

B.          Mr.  Rafael Suarez Rivas -  

           Requesting to join/rejoin  GESE.pdf

 

 

 

IV.       FOR DISCUSSION:

 

One year retro-active raise for Pension Staff of 1.75%

Presented by Trustee Sean Moy

 

 

 

V.        COMPUTER CONSULTANT’S REPORT:

 

            Update on Computer virus

 

 

 

VI.       ATTORNEY’S REPORT:

 

            Clarification of motion that allows non-service

            Buybacks if member leaves their contributions in the Plan

 

 

VII.     SOUTHEASTERN ADVISORY SERVICES’ REPORT:

 

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

-          Historical Earnings Chart.pdf

 

B.           Staff Plan Performance Report for quarter ended September 30, 2014.pdf

 

C.           DROP Performance Report for quarter ended September 30, 2014.pdf

 

 

 

 

 

 

 

 

 

 

 

Agenda

November 21, 2014

 

 

 

 

 

VIII.    MONEY MANAGERS REPORT:

 

A.                Cramer.pdf

Cramer Proxy Report.pdf

 

B.                 Insight.pdf

 

C.                 Atlanta Capital Management.pdf

Atlanta Capital Powerpoint Presentation.pdf

Wisdom of the Aged.pdf

 

D.                Chicago Equity.pdf

 

 

 

 

 

FOR YOUR INFORMATION ONLY PACKAGE:

2015 Approved Board Meeting Dates.pdf

Herndon Capital.pdf

EII.pdf

Richmond Capital,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/NOVEMBER 21 2014