Title
Retirement Board Meeting of May 12, 2022.
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 February 10, 2022.
2B. The Administrative Manager recommends approval of the City of Coral Gables invoice #357215 for General Liability Insurance April through June 2022 in the amount of $1,194.25.
2C. The Administrative Manager recommends approval of the purchase of Other Public Employer Service for the following employees:
1. Other Public Employer service time for Firefighter Alexander Aladro requesting to buy back 1,825 days (5 years).
2. Other Public Employer service time for Police Officer Lisdey Hernandez requesting to buy back 994 days (2 years, 8 months and 19 days).
2D. The Administrative Manager recommends approval of the following Retirement Benefit Certifications for DROP Benefits: Jonathan Ralph (Firefighter), Hector Diaz, (Police).
3. Comments from Retirement Board Chairperson.
4. Items from the Board Attorney.
5. Presentation of the 10/1/2021 draft Actuarial Valuation report by Gabriel Roeder Smith.
6. Attendance of Wendy Henderson from PenChecks to explain the May 1, 2022 monthly pension payments to retirees.
7. Investment Issues
8. Old Business.
9. New Business.
10. Public Comment.
11. Adjournment.