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HomeMy WebLinkAboutRetirement Committee - Minutes - 03/11/2021 General Employees Retirement Committee 215 N. Mason 2nd Floor PO Box 580 Fort Collins, CO 80522 970.221.6788 970.221.6782 - fax fcgov.com GENERAL EMPLOYEES’ RETIREMENT COMMITTEE MINUTES MARCH 11, 2021 ZOOM 11:00 AM Committee Members Present: Clark Mapes, Chair Kelley Vodden, Vice Chair Del Bernhardt Ralph Zentz Jackie Darner Others Present: Blaine Dunn Joel Stewart, Milliman Carolyn Koontz ___________________________________________________________________ Meeting called to order at 11:06 am The Committee Chairperson, Clark Mapes, and the staff liaison, Joaquin Garbiso, consulted and determined that the Committee will conduct this meeting in whole or in part by remote technology so as to provide reasonably available participation by members of the Committee and observation by the public, consistent with the requirements of Ordinance No. 79, 2020, because meeting in person would not be prudent for some or all persons due to the current public health emergency. 1. Citizen Participation and Plan Member Comments - none made or noted 2. Plan Participation Updates (Blaine Dunn) none made or noted 3. Consider approving the minutes from the meeting of February 11, 2021. A motion to approve the minutes was made by Del Bernhardt. Ralph Zentz seconded the motion. Minutes approved as presented via rollcall; Kelley Vodden, Jackie Darner, Ralph Zentz, Del Bernhardt, and Clark Mapes. 4. Review Draft Actuarial Valuation Report (Joel Stewart, Milliman) Consider Motion to Approve Report DocuSign Envelope ID: 4E5851D3-1F87-49D5-876F-96CB81194371 2 DocuSign Envelope ID: 4E5851D3-1F87-49D5-876F-96CB81194371 3 Motion to approve / accept the Actuarial Valuation Report made by Kelley Vodden. Del Bernhardt seconded the motion. Approved via roll call by; Kelley Vodden, Jackie Darner, Ralph Zentz, Del Bernhardt, and Clark Mapes. DocuSign Envelope ID: 4E5851D3-1F87-49D5-876F-96CB81194371 4 5. Investment Report (Blaine Dunn) 6. Other Business: Del Bernhardt contacted several active GERP members who could be potential new members of the GERC. Tamara Lidenstein has indicated interest. City Clerk’s office to send her a letter which would be followed by the Council approval process. Meeting adjourned at 11:55 am Clark Mapes, Chair Carolyn Koontz, Staff Liaison DocuSign Envelope ID: 4E5851D3-1F87-49D5-876F-96CB81194371