Legislation Details

File #: 12-1508    Version: 1 Name: 111011 Retirement Board Minutes
Type: Minutes Status: Noted and Filed
File created: 1/13/2012 In control: City Commission
On agenda: 1/24/2012 Final action: 1/24/2012
Enactment date: Enactment #:
Title: Retirement Board Meeting of November 10, 2011
Attachments: 1. CC.01-24-2012.November 10, 2011, 2. Executive Summary.11-10-2011, 3. Minutes.11-10-11
Title
Retirement Board Meeting of November 10, 2011
Body
1. Roll call.

2. The Board approved the meeting minutes and Executive Summary minutes for October 13, 2011.

3. The Administrative Manager’s Report was reviewed and accepted.
4. The Board approved the following applications for DROP Benefits and Buy Back of Other Public Employer service time.
DROP Benefits
DROP application of Boriana Cloutier of the Public Works Department. Effective date October 1, 2011.
DROP application of Stephen Rogers of the Police Department. Effective date November 1, 2011.
DROP application of Michael James Grant of the Public Works Department. Effective date December 1, 2011.
DROP application of Antonio Silio of the Development Services - Building Division. Effective date December 1, 2011.

Buy Back of Prior City time, Other Public Employer Service, Military Service Time:

Application of Orlando Munoz of the Police Department requesting to buy back 1,825 days (5 years) of Other Public Employer Service time.

Application of Joseph York of the Public Works Department requesting to buy back 1,825 days (5 years) of Other Public Employer Service time.

5. Submission of bills for approval. (Administrative Manager recommends approval of the following invoices). The following invoices were approved for payment:

Goldstein Schechter Koch invoice #87141 dated October 10, 2011 for audit services for year ending September 30, 2010 in the amount of $2,500.00. This invoice is in accordance with the contract between Goldstein Schechter Koch and Coral Gables Retirement System signed on February 4, 2010.

The Howard E. Nyhart Company, Inc. (formerly Stanley Holcombe & Associates, Inc.) invoice #0081636-IN dated October 31, 2011 for actuarial consulting services from June 29, 2011 through October 14, 2011 in the amount of $10,986.00. This invoice is in accordance with the contract between Stanley, Holcombe & Associates and Coral Gables Retirement System signed on December 1...

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