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, MARCH 23, 2012

 

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:

 

January 27, 2012.pdf

 

 

II.        FOR APPROVAL:

 

A.                GESE Retirements – Exhibit A

Exhibit A.pdf

 

B.                 GESE Refunds of Contributions – Exhibit A

Exhibit A.pdf

 

C.        GESE Accrued Leave Balance Rollovers – Exhibit B

            Exhibit B.pdf

 

D.        GESE Forward DROP – Exhibit C

            Exhibit C.pdf

 

 

 

 

 

 

 

 

 

Agenda –

March 23, 2012

 

 

III.       CAVANAUGH MACDONALD CONSULTING, LLC:

 

A.          GESE’s preliminary actuarial valuation with contribution alternatives.pdf

 

B.           Staff preliminary actuarial valuation.pdf

 

 

IV.       FOR DISCUSSION:

 

            Staff Pension Plan

 

 

V.        ATTORNEY’S REPORT:

 

 

VI.       ADMINISTRATOR’S REPORT:

 

A.        Proposed GESE Plan budget for fiscal year

October 1, 2012, to September 30, 2013.pdf

 

B.        Proposed Excess Plan budget for fiscal year

October 1, 2012, to September 30, 2013.pdf

 

C.           Proposed Comprehensive Annual Financial Report.pdf

 

 

VII.     SOUTHEASTERN ADVISORY SERVICES’ REPORT:

 

 

A.        GESE Plan Quarterly Performance Report

For quarter ended December 31, 2011.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

           

B.        DROP Plan Quarterly Performance Report

For quarter ended December 31, 2011.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

 

C.        Large Cap Value Manager Search Report.pdf

 

D.        International Growth Manager Search.pdf

 

E.         Cash infusion needed for benefit payments.pdf

 

Agenda –

March 23, 2012

 

 

 

 

 

VIII.    MONEY MANAGERS’ REPORT:

 

 

A.          Richmond Capital Management.pdf

 

B.           Crammer Rosenthal.pdf

Crammer Announcements.pdf

Crammer Proxy.pdf

Crammer Small CRB.pdf

Crammer Case Review.pdf

 

C.           BlackRock.pdf

BlackRock Financials.pdf

 

 

FOR INFORMATION ONLY:

Axiom.pdf

Chicago Equity.pdf

Cooke & Bieler.pdf

Insight.pdf

Invesco.pdf

TSW perf report.pdf

TSW vote summary.pdf

TSW broker report.pdf

Lead Inspection Report.pdf

Audited Financial Statements.pdf

 

 

 

 

WrD/R/AGENDA2012/MARCH 23 2012