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 29, 2011

 

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:

 

May 25, 2011

MAY 25 2011 MINUTES.PDF

MAY 25 2011 MOTIONS.PDF

EXHIBIT A FOR MAY 25TH BRD MTNG.PDF

EXHIBIT C FOR MAY 25TH BRD MTNG.PDF

           

 

II.        FOR APPROVAL:

 

A.        Retirements – Exhibit A

                        EXHIBIT A.PDF

           

B.        Refunds of Contributions – Exhibit A

            EXHIBIT A.PDF

 

C.        Accrued Leave Balance Rollovers – Exhibit B

            EXHIBIT B.PDF

 

 

Agenda –

July 29, 2011

 

 

 

 

II.        FOR APPROVAL (CONTINUED):

 

 

D.        BacDROP and Forward DROP – Exhibit C

                        EXHIBIT C.PDF

 

  E.         Refund of Remaining Balance on Accrued Leave Balance Rollover – Exhibit D

                        EXHIBIT D.PDF

 

 

III.       ATTORNEY’S REPORT:

 

A.          Resolution – Rose Gordon

ROSE GORDON.PDF

 

B.           Update on meetings with City Commissioners

LETTER TO COMM GORT.PDF

 

C.           Update on $1.6 million owed to GESE by City of Miami

LETTER TO MR. CRAPP RE $1.6M.PDF

 

D.          Update on Mr. James Villacorta beneficiary’s eligibility

      for  his refund of contributions

                        JAMES VILLACORTA.PDF

 

E.           Letter from State Actuary regarding 2008, 2009, 2010 Actuarial Valuations

ACTUARY ATTACHMENT 1.PDF

ACTUARY ATTACHMENT 2.PDF

ACTUARY ATTACHEMNT 3.PDF

ACTUARY ATTACHMENT 4.PDF

 

F.            Modifications to City’s Administrative Policies regarding

Vacation and Sick Time Limitations

MODIFICATIONS TO CITY’S APM.PDF

 

 

 

 

 

 

 

 

 

 

 

Agenda –

July 29, 2011

 

 

 

 

 

IV.       SOUTHEASTERN ADVISORY SERVICES’ REPORT:

 

 

A.        Amended City of Miami GESE DROP Investment Policy

            AMENDED GESE DROP INVESTMENT POLICY.PDF

 

B.        Amended City of Miami Staff DROP Investment Policy

            AMENDED STAFF DROP INVESTMENT POLICY.PDF

 

C.        Cash infusion needed for benefit payments

            CASH FLOW MEMO.PDF

 

 

 

 

 

 

 

For Your Information Only Package:

TSW LETTER RE JAMES PICKLER LEAVING FIRM.PDF

TSW E-MAIL.PDF

LETTER TO CITY MANAGER RE PENDING ISSUES WITH ORACLE.PDF

APPROVED DISASTER RECOVERY PLAN.PDF

APPROVED GESE BUDGET FOR FYE 09/30/12.PDF

APPROVED EXCESS BUDGET FOR FYE 09/30/12.PDF

STAFF INVESTMENT POLICY.PDF

STAFF SUMMARY PLAN DESCRIPTION.PDF

GESE SUMMARY PLAN DESCRIPTION.PDF

CRAMER ROSENTHAL MCGLYNN.PDF

COOKE & BIELER.PDF

 

 

 

 

WrD/R/AGENDA2011/JULY 29  2011