City of Coral Gables

File #: 24-7675    Version: 1 Name: Retirement Board Meeting of May 9, 2024
Type: Minutes Status: Noted and Filed
File created: 6/11/2024 In control: City Commission
On agenda: 7/9/2024 Final action: 7/9/2024
Enactment date: Enactment #:
Title: Retirement Board Meeting of May 9, 2024.
Attachments: 1. CC.05-09-2024 July 9, 2024, 2. Minutes 05-09-2024

Title

Retirement Board Meeting of May 9, 2024.

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 April 11, 2024.

2B.                      The Administrative Manager recommends approval of the City of Coral Gables invoice #00218 for General Liability from April to June 2024 in the amount of $1,476.75.

2C.                     The Administrative Manager recommends approval of the following Retirement Benefit Certifications: DROP - Guido Antezana (Police Officer), Omar Hassan (General Non-Excludable Employee); Retirement - Eduardo Orbe (Police Officer).

 

3.                     Comments from Retirement Board Chairperson.

 

4.                     Items from the Board Attorney.

 

5.                     Items from the third-party Pension Administrator.

 

6.                     Presentation of the 10/1/2023 Actuarial Valuation report by Gabriel Roeder Smith.

 

7.                     Investment Issues.

 

8.                     Old Business.

 

9.                     New Business.

Informational presentation by Affiliated Development LLC - Affiliated Fund II

 

Presenters:

                     Jeffrey Burns

                     Nick Rojo

 

10.                     Public Comment.

 

11.                     Adjournment.