HomeMy WebLinkAbout06/13/2024 - RETIREMENT COMMITTEE - SUMMARY AGENDA - Regular Meeting
General Employees Retirement Committee
215 N. Mason
PO Box 580
Fort Collins, CO 80522
970.221.6788
fcgov.com
GENERAL EMPLOYEES’ RETIREMENT COMMITTEE
AGENDA
FOR
JUNE 13, 2024
11:00 am
ZOOM MEETING
https://us02web.zoom.us/j/8140111859
Meeting ID: 814 011 1859
1. Citizen Participation and Plan Member Comments
2. Consider Approving the Minutes from the Meeting of March 14, 2024
3. Plan Participant Updates (LeeAnna Vargas)
4. Review Investment Report (Adam Halvorson)
5. Other Business
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 14, 2024
11:00 AM
Committee Members Present: Clark Mapes, Chair
Randy Bailey, Vice Chair
Del Bernhardt
Jackie Darner
John Unger
Members Absent: Ralph Zentz
Others Present: Adam Halvorson
LeeAnna Vargas
Joel Stewart, Milliman
Carolyn Koontz
Lauren Albanese – Financial News
___________________________________________________________________
Meeting called to order at 11:00 am
1. Citizen Participation and Plan Member Comments - none noted.
2. Consider Approving the Minutes from the Meeting of February 8, 2024
Randy Bailey made a motion to approve the minutes as presented.
Del Bernhardt seconded the motion.
Approval confirmed via roll call; Clark Mapes, Randy Bailey, Del Bernhardt, Jackie Darner,
and John Unger.
3. Plan Participant Updates (LeeAnna Vargas)
Working with two active city employees who are both retiring in June.
Working with one additional member with an estimated benefit start date of November.
No deceased members for February or March to date.
4. Election of Officers
Chair: Clark Mapes
Vice Chair: Randy Bailiey
Del Bernhardt made a motion to keep the current Chair, Clark Mapes and Vice Chair, Randy
Bailey.
2
John Unger seconded the motion. Approval confirmed via roll call; Clark Mapes, Randy Bailey,
Del Bernhardt, Jackie Darner, and John Unger.
5. Review Draft Actuarial Valuation Report (Joel Stewart)
Del Bernhardt made a motion to approve the Actuarial Valuation Report as presented.
John Unger seconded the motion.
Approval confirmed via roll call; Randy Bailey, Del Bernhardt, Jackie Darner, and John Unger.
3
4
5
6. Review Investment Report (Adam Halvorson)
6
7. Investment Manager - Next Steps (Randy Bailiey)
Have not been able to make the progress we were hoping for. We are hoping to get
a draft to Jenny Lopez Filkins soon for her review.
8. Other Business
Thank you Del for your service to this committee over the years! You will be missed.
Code of Conduct for members to sign will be sent via DocuSign– Please plan to review and
sign upon receipt.
The meeting adjourned at 11:57 am.
Clark Mapes, Chair
Carolyn Koontz, Staff Liaison