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
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:
X. CAVANAUGH MCDONALD CONSULTING SERVICES, LLC:
A. GESE Actuarial Valuation Report for Fiscal Year 2013
Employer contributions due October 1, 2013.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
Agenda –
September 28, 2012
XII. MONEY MANAGERS’ REPORT:
A. Invesco.pdf
B. Cramer.pdf
FOR
YOUR INFORMATION PACKAGE: