Title
Retirement Board Meeting of April 13, 2017.
Body
SUMMARY OF MINUTES
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 2, 2017.
2B. The Administrative Manager recommends approval of the Report of the Administrative
Manager.
2C. The Administrative Manager recommends approval for the following invoices:
1. GRS invoice #428464 dated March 13, 2017 for actuarial consulting services for the month of February 2017 in the amount of $9,254.00.
2. AndCo Consulting, LLC invoice #21313 dated March 31, 2017 for Performance Evaluation and Consulting Services from January to March 2017 in the amount of $36,250.00.
3. BDO invoice #000766938 dated February 22, 2017 for audit reporting ending
9/30/2016 in the amount of $8,675.28.
4. BDO invoice #000784108 dated March 28, 2017 for audit reporting ending
9/30/2016 in the amount of $3,242.00.
2D. The Administrative Manager recommends approval of the following Retirement Benefit
Certifications:
1. DROP Benefits: Ayliin Hernandez (General/Teamster), Lisa Plasencia (General/Teamster), Percy Nunez (General/Teamster) and Raul Pedroso (Police).
2. Vested Rights Benefits: Andrew Singletary (General/Teamster)
3. Comments from Retirement Board Chairperson.
4. Items from the Board attorney.
5. Attendance of Pete Strong, Gabriel Roeder Smith, addressing his recommendation revising the retirement probabilities for Police ...
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