HomeMy WebLinkAboutRetirement Committee - Minutes - 03/09/2023
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 ZOOM MEETING
MINUTES
MARCH 9, 2023
3:00 PM
Committee Members Present: Clark Mapes, Chair
Randy Bailey, Vice Chair
Del Bernhardt
Jackie Darner
Others Present: LeeAnna Vargas
Joel Stewart
Jenny Lopez Filkins
Jessica Jones
Carolyn Koontz
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Meeting called to order at 11:02 am
1. Citizen Participation and Plan Member Comments – none noted.
2. Consider Approving the Minutes from the Meeting of February 9, 2023
Del Bernhardt made a motion to approve the minutes as presented.
Randy Bailey seconded the motion.
Approval confirmed via roll call; Del Bernhardt, Jackie Darner, Randy Bailey, and Clark
Mapes.
3. Plan Participant Updates (LeeAnna Vargas)
Regarding our annual mailing to all GERP members, we are waiting for beneficiary and
personal information forms from 5 term vested members and 1 active member. We have
been in contact with all 6 members. We are getting close to completing this project.
One eligible term vested employee taking a lump sum this month and one life annuity that
will begin in April and another life annuity that will begin in May. All members who will be
eligible in 2023 have been contacted. We are working through any requests we received for
estimates.
4. Review Draft Actuarial Valuation Report and Consider Motion to Approve
Report (Joel Stewart)
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A motion to approve the Actuarial Valuation Report as presented was made by
Del Bernhardt. The motion was seconded by Randy Bailey.
Approval confirmed via roll call; Del Bernhardt, Jackie Darner, Randy Bailey, and Clark
Mapes.
5. Review Investment Report (Randy Bailey)
No report was generated this month due to staffing changes.
The Committee agreed to defer the review of an Investment Report to next month’s
meeting.
6. Other Business
Meeting adjourned at noon.
Clark Mapes, Chair
Carolyn Koontz, Staff Liaison
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5/11/2023
5/11/2023