Title
Retirement Board Meeting of May 26, 2021.
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 8, 2021.
2B. The Administrative Manager recommends approval of the following invoices:
1. City of Coral Gables invoice #351986 in the amount of $1,81.50 for General Liability insurance for April 2021 through June 2021.
2. City of Coral Gables invoice for January 1, 2021 to March 31, 2021 in the amount of $29,475.79 for expenses of the Retirement System paid out of the General Ledger account of the City.
3. Gabriel Roeder Smith & Company invoice #462156 in the amount of $24,359.39 for April 2021 Actuarial Services.
3. Comments from Retirement Board Chairperson.
4. Items from the Board Attorney.
5. Update of Pension Administration System implementation and scanning of files in the Retirement Office.
6. Presentation of the 10/1/2020 draft Actuarial Valuation report by Gabriel Roeder Smith.
7. Investment Issues.
a. Approval of consent of the ownership change of Wells Fargo Asset Management Holdings, LLD, Parent of Wells Capital Management, Incorporated.
b. Review of monthly investments
8. Old Business.
9. New Business.
10. Public Comment.
11. Adjournment.