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 28, 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.          WELCOME NEW TRUSTEES:

 

 

 

II.        ELECT NEW CHAIR:

 

 

 

III.       APPROVAL OF MINUTES:

 

A.          May 25, 2012 - (Deferred at the July 27, 2012 Board Meeting.).pdf

 

B.           July 27, 2012.pdf

 

 

 

 

Agenda –

September 28, 2012

 

 

IV.       FOR APPROVAL:

 

A.                GESE Retirements – Exhibit A.pdf

 

B.                 GESE Refunds of Contributions – Exhibit A.pdf

 

C.                 GESE Ordinary Death – Exhibit A.pdf

 

D.                GESE Accrued Leave Balance – Exhibit B.pdf

 

E.         Staff Refund of Contributions – Exhibit E.pdf

 

 

V.        PERSONAL APPEARANCES:

 

A.          Ms. Berta A. Davis –

Requesting that the board ratify her buyback and allow her to retire

 

B.           Ms. Marcia Elliott -

            Requesting that the board ratify her buyback and allow her to retire

 

C.           Ms. Latanya Y. Johnson -

Requesting that the board ratify her buyback and allow her to retire

 

D.          Mr. Gilbert L. Carty –

Requesting to change the beneficiary designated at time of retirement

 

E.           Mr. Henry Kenny –

      Requesting to change the beneficiary designated at time of retirement

 

 

VI.       DISABILITY APPLICATION:

 

            Paul Walters’ disability application (Deferred at the July 27, 2012, Board Meeting.)

 

 

 

 

 

 

 

 

Agenda –

September 28, 2012

 

 

 

VII.     ATTORNEY’S REPORT:

 

A.                Update on September 27, 2012, City of Miami Budget Hearing

 

B.                 Employer contributions for Fiscal Year 2013

 

 

VIII.    PENSION ADMINISTRATOR’S REPORT:

 

A.          Proposed Board Meeting Dates for 2013.pdf

 

B.           Proposed Disaster Recovery Plan.pdf

 

 

IX.       PENSIONGOLD SPECIAL PROJECTS ADMINISTRATOR:

 

            Supplement pay issues.pdf

 

 

X.        CAVANAUGH MCDONALD CONSULTING SERVICES, LLC:

 

A.          GESE Actuarial Valuation Report for Fiscal Year 2013

Employer contributions due October 1, 2013.pdf

 

B.           GASB Changes.pdf

 

 

XI.       SOUTHEASTERN ADVISORY SERVICES’ REPORT:

 

A.          GESE Performance Report for quarter ended June 30, 2012.pdf

 

B.            DROP Performance Report for quarter ended June 30, 2012.pdf

 

C.           3 Year Experience Study.pdf

 

D.          Cash infusion needed for GESE benefit payments.pdf

 

E.           Cash infusion needed for Staff DROP Plan benefit payments.pdf

 

F.            Money managers’fees.pdf

 

 

 

Agenda –

September 28, 2012

 

 

 

XII.     MONEY MANAGERS’ REPORT:

 

A.          Invesco.pdf

 

B.           Cramer.pdf

Cramer Proxy.pdf

 

C.           BlackRock.pdf

BlackRock.pdf

BlackRock Financials.pdf

 

 

 

FOR YOUR INFORMATION PACKAGE:

BLBG.pdf

SSGA.pdf

InsightCapital.pdf

TSW Perf. Report.pdf

TSW Vote Summary.pdf