Title
Retirement Board Meeting of April 12, 2018.
Body
SUMMARY OF MEETING
1. Roll call.
2. Consent Agenda.
All items listed within this section entitled "Consent Agenda" are considered to be self-explanatory and are not expected to require additional review or discussion, unless a member of the Retirement Board or a citizen so requests, in which case, the item will be removed from the Consent Agenda and considered along with the regular order of business. Hearing no objections to the items listed under the "Consent Agenda", a vote on the adoption of the Consent Agenda will be taken.
2A. The Administrative Manager recommends approval of the Retirement Board meeting minutes for March 5, 2018.
2B. The Administrative Manager recommends approval of the Report of the Administrative Manager.
2C. The Administrative Manager recommends approval of the following invoices:
1. Gabriel, Roeder, Smith & Company invoice #436888 dated March 13, 2018 for actuarial services for the months of January and February 2018 in the amount of $10,622.00.
2. Gabriel, Roeder, Smith & Company invoice #437774 dated April 4, 2018 for actuarial services for the month of March 2018 in the amount of $11,872.00.
3. BDO invoice #000933788 dated March 14, 2018 for audit of financial statements year ending September 30, 2017 in the amount of $5,111.00.
4. AndCo Consulting invoice #24498 dated March 30, 2018 for consulting services and performance evaluation for January to March 2018 in the amount of $36,250.00.
5. The City of Coral Gables invoice for period from October 1, 2017 to December 31, 2017 in the amount of 72,260.32 for expenses of the retirement system paid out of the general ledger account of the City.
3. Comments from Retirement Board Chairperson.
4. Items from the Board Attorney.
5. Final review of Vendor Policy.
6. Attendance of Ari Sass from MD Sass addressing the fund’s performance and process.
7. Discussion of the 2018 COLA determination letter submitted by Gabriel Ro...
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