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, MAY 25, 2011

 

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.

 

I.          APPROVAL OF MINUTES:

 

A.                January 28, 2011 – Deferred at the March 25, 2011, Board Meeting

Minutes.pdf

Motions.pdf

Exhibits.pdf

B.                 March 25, 2011

Minutes.pdf

Motions.pdf

Exhibit A.pdf

Exhibit B.pdf

Exhibit C.pdf

 

II.        FOR APPROVAL:

A.        Retirements – Exhibit A

                                    Exhibit A.pdf

B.        Refunds of Contributions – Exhibit A

                        Exhibit A.pdf

C.        BacDROP and Forward DROP – Exhibit C

                        Exhibit C.pdf

            D.        Ratify payment for Invoice #5177 in the amount of $22,563.73

Of which $16,638.00 were for actuarial consulting services in

Connection with changes to the GESE Plan

                        Invoice 5177.pdf

 

Agenda –

May 25, 2011

 

III.       ATTORNEY’S REPORT:

 

A.                Mr. James Villacorta beneficiary’s eligibility

to an Ordinary Death Benefit

 

B.        Mr. Roberto Cardena’s estate

 

C.        Mr. Luis Soto beneficiary’s designation

 

 

IV.       DISABILITY APPLICATION:

 

Mr. Paul Walters’ disability application

                        Application.pdf

 

V.        SOUTHEASTERN ADVISORY SERVICES’ REPORT:

 

 

A.        GESE Plan Quarterly Performance Report

For quarter ended March 31, 2011

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

                                    SE Q1.pdf

 

B.        DROP Plan Quarterly Performance Report

For quarter ended March 31, 2011

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

                                    DROP Plan.pdf

 

            C.        Staff Semi-Annual Performance Report

For quarter ended March 31, 2011

Presented by Ms. Hilda Thompson and

Mr. Wally Wilson

                                    StaffPerformance.pdf

 

            D.        Staff Investment Policy

                                    Staff Investment.pdf

 

            E.         DROP Search Report

                          DROP Search.pdf

 

F.         Cash infusion needed for benefit payments

                                    Cash Infusion.pdf

 

 

 

 

Agenda –

May 25, 2011

 

VI.       ADMINISTRATOR’S REPORT:

 

A.                Proposed Disaster Recovery Plan

DisasterRecovery.pdf

 

B.        Proposed GESE Plan budget for fiscal year

October 1, 2011, to September 30, 2012

                        GESE Budget.pdf

 

C.        Proposed Excess Plan budget for fiscal year

October 1, 2011, to September 30, 2012

            Excess Budget.pdf

 

D.          Proposed GESE Summary Plan Description  

GESE Summary Plan.pdf

 

E.           Proposed Staff Summary Plan Description

Staff Summary Plan.pdf

 

 

VII.     MONEY MANAGERS’ REPORT:

 

 

A.                Cooke & Bieler

                                    Cooke Bieler.pdf

 

B.        Cramer Rosenthal

                                    Cramer Rosenthal.pdf

 

            C.        EII Realty

                                    EII Reality.pdf

                                    EII RealityLetter.pdf

                                    EII Reality Letter c.pdf

                                    EII Reality Q1 Review.pdf

                                    EII Reality Q1 REIT.pdf

 

            D.        Insight Capital Research & Management

                                    Insight.pdf

                                   

            E.         Thompson, Siegel and Walmsley

                                    Thompson.pdf

 

            F.         BlackRock

                                    BlackRock.pdf

 

 

 

 

 

 

WrD/R/AGENDA2011/MAY 25  2011