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

 

MONDAY, MARCH 25, 2013

 

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 25, 2013.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

 

 

 

 

 

 

 

 

 

 

Agenda

March 25, 2013

 

 

 

III.       PERSONAL APPEARANCES:

 

A.          Mr. Garry Lafaille –

       Requesting to buyback time previously offered

 

B.           Ms. Carolyn L. Grayer -

      Requesting to buyback time previously offered

 

 

IV.       DISABILITY APPLICATION:

 

            A.        Hector G. Herrera’s disability application –

      Deferred at the November 30, 2012, and January 25, 2013 board meeting

 

B.         Annette Wilson’s disability application – To be deferred (At employee’s request)

      Deferred at the January 25, 2013 board meeting

 

 

V.        CAVANAUGH MACDONALD CONSULTING, LLC:

 

            New GASB Rules.pdf

 

 

VI.       INSURANCE REVIEW:

 

A.          Increasing limits of current policies due to Plan’s growth     

 Presented by Mr. Martin Brody, Insurance Specialist

 

B.           Purchasing an Identity Theft Policy

Presented by Mr. Martin Brody, Insurance Specialist

 

 

VII.     ADMINISTRATOR’S REPORT:

 

Proposed Comprehensive Annual Financial Report (Draft).pdf

 

 

 

 

 

 

 

 

 

 

Agenda

March 25, 2013

 

 

 

VIII.    ATTORNEY’S REPORT:

 

 

 

IX.       SOUTHEASTERN ADVISORY SERVICES’ REPORT:

 

 

A.        GESE Plan Quarterly Performance Report

For quarter ended December 31, 2012.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

           

B.        DROP Plan Quarterly Performance Report

For quarter ended December 31, 2012.pdf

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

 

C.           Commission Recapture.pdf

 

D.          Fixed Income Manager Fee Negotiation.pdf

 

E.           Update on ICMA review.pdf

 

 

X.        MONEY MANAGERS’ REPORT:

 

A.          Richmond Capital Management.pdf

 

B.           Seix.pdf

 

C.           Invesco.pdf

Invesco Proxy Report.pdf

 

D.          Cramer.pdf

Cramer Proxy Report.pdf

 

 

 

 

 

 

 

 

 

 

 

 

 

FOR YOUR INFORMATION ONLY PACKAGE:

 

Atlanta Capital Performance Report.pdf

Barings Performance Report.pdf

BLBG Performance Report.pdf

Chicago Equity Performance Report.pdf

Cooke & Bieler Performance.pdf

EII Performance Report.pdf

EII Attribution Marketting.pdf

EII REITH Market Review.pdf

EII Reith Qtrly.pdf

Excess Final Valuation.pdf

GESE Final Valuation.pdf

GESE Investment Policies.pdf

Herndon Capital Performance Report.pdf

Insight Performance Report.pdf

SSGA Quarterly Report.pdf

Staff Final Valuation.pdf

Staff Investment Policies.pdf

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

WrD/R/AGENDA2013/MARCH 25 2013