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

 

WEDNESDAY, JUNE 5, 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:

 

            March 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

 

E.                 GESE Forward DROP – Exhibit C.pdf

               

F.         GESE Refund of Remaining Balance on Accrued Leave

      Balance Rollovers – Exhibit D.pdf

 

 

 

 

Agenda

June 5, 2013

 

 

III.       PERSONAL APPEARANCES:

 

A.        Mr. Willie L. Timmons -

      Requesting to buyback time previously offered

 

            B.        Mr. Kevin Burns -

      Requesting to buyback time previously offered

 

C.        Ms. Robin Jones Jackson –

       Requesting to join GESE.pdf

 

 

IV.       ADMINISTRATOR’S REPORT:

 

A.        Proposed GESE Plan budget for fiscal year

October 1, 2013, to September 30, 2014.pdf

 

B.        Proposed Excess Plan budget for fiscal year

October 1, 2013, to September 30, 2014.pdf

                       

C.        Proposed Summary Plan Description as of

September 30, 2012, Fifth Edition.pdf

 

D.        Proposed Disaster Recovery Plan.pdf

 

E.         Insurance Update.pdf

                        Broker/Agent E-mails.pdf

Appraisal Report.pdf

                        Policies.pdf

                        Policies (continued).pdf

                        Policies (continued2).pdf

                        Policies (continues3).pdf

 

V.        DISABILITY APPLICATION:

 

Annette Wilson’s disability application –

Deferred at the January 25, 2013 board meeting

 

 

VI.       ATTORNEY’S REPORT:

 

 

 

 

 

 

 

 

 

 

Agenda

June 5, 2013

 

 

VII.     SOUTHEASTERN ADVISORY SERVICES’ REPORT:

 

A.              Cash Flow for the GESE Plan.pdf

 

B.               Cash Flow for the Staff Plan.pdf

 

C.               Seix Fee Proposal.pdf

 

D.              Mutual Fund Search and Review.pdf

 

E.               GESE Plan Quarterly Performance Report

For quarter ended March 31, 2013

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson.pdf

           

F.         DROP Plan Quarterly Performance Report

For quarter ended March 31, 2013

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson.pdf

 

            G.        Staff Semi-Annual Performance Report

For quarter ended March 31, 2013

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson.pdf

 

 

 

VIII.    MONEY MANAGERS’ REPORT:

 

A.          Cooke and Bieler.pdf

 

B.           EII Realty.pdf

EII Sector Weighting.pdf

EII Proxy Voting.pdf

 

C.           Herndon.pdf

 

D.          Invesco.pdf

Invesco Proxy Report.pdf

 

E.           Cramer Rosenthal.pdf

Cramer Proxy Report.pdf

 

 

 

FOR YOUR INFORMATION ONLY PACKAGE:

 

Board Meeting Dates.pdf

Trustees List.pdf

Atlanta Capital.pdf

Insight Capital.pdf

Chicago Equity.pdf

 

 

 

 

 

 

 

 

 

 

 

WrD/R/AGENDA2013/JUNE 25 2013