City of Coral Gables

File #: 22-4937    Version: 1 Name: Retirement Board Meeting of September 8, 2022
Type: Minutes Status: Noted and Filed
File created: 11/1/2022 In control: City Commission
On agenda: 11/9/2022 Final action: 11/9/2022
Enactment date: Enactment #:
Title: Retirement Board Meeting of September 8, 2022.
Attachments: 1. CC.09-08-2022 November 9, 2022, 2. Minutes 09-08-2022
Title
Retirement Board Meeting of September 8, 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 August 11, 2022.

2B. The Administrative Manager recommends approval of the following invoices:

1. Gabriel Roeder Smith invoice #471461 for actuarial services for the month of May 2022 in the amount of $8,705.39.
2. City of Coral Gables invoice #359213 for General Liability insurance from July 2022 to September 2022 in the amount of $1,194.25.

2C. The Administrative Manager recommends approval of the Retirement Benefit Certification of Police Officer Roberto Alonso.
3. Attendance of Thomas Capobianco presenting the Serenitas Credit Gamma Fund, non-core fixed income mix. Time allotted for the presentation is 20 minutes and 10 minutes for Q&A.
4. Comments from Retirement Board Chairperson.

5. Items from the Board Attorney.

6. Request from employee Tiffany Hood-Crumbley for approval of stopping and returning contributions for the purchase of other public employee service time. Ms. Hood-Crumbley has made this request due to the difficulty of strained finances because of the current inflation. She began making buy back of service time payments on March 27, 2022. She is aware that she will not be able to apply for the other public employee service purchase in the future. She has contributed $7,803.84 as of March 27, 2022.

7. Update on administrative hybrid arrangement.

8. Investme...

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