HomeMy WebLinkAboutRETIREMENT COMMITTEE - MINUTES - 06/13/2024
General Employees Retirement
Committee
215 N. Mason
nd Floor
Fort Collins, CO 80522
970.221.6788
970.221.6782 - fax
fcgov.com
GENERAL EMPLOYEES’ RETIREMENT COMMITTEE ZOOM MEETING
MINUTES
JUNE 13, 2024
11:00 AM
Committee Members Present: Clark Mapes, Chair
Randy Bailey, Vice Chair
Jackie Darner
John Unger
Ralph Zentz
Others Present: Adam Halvorson
LeeAnna Vargas
Jenny Lopez Filkins
Carolyn Koontz
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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 March 14, 2024
John Unger made a motion to approve the minutes as presented.
Jackie Darner seconded the motion.
Approval confirmed via roll call; Clark Mapes, Jackie Darner, John Unger and Ralph Zentz
3. Plan Participant Updates (LeeAnna Vargas)
LeeAnna sent out two Age 65 notification letters recently. There are two members whose
monthly Benefits will begin in July, and LeeAnna is currently working with two employees
that turn 65 in August. They’ve both submitted their Final Calculation requests for a
September begin date or lump sum distribution.
Unfortunately, LeeAnna had a few members to report on that recently passed away:
GERP member Fred Jones Sr passed away on March 1, 2024. His payment was pro-rated,
and his beneficiary has passed, therefore his GERP benefit ended with his recent passing.
Helen Fegter, spouse and beneficiary of former City employee Virgil Fegter passed away on
4/13/24. Her GERP benefit ended with her passing.
Thomas McMillen passed away on May 8, 2024. A pro-rated amount was deposited for
May, and all payments ceased upon Mr. McMillen's death.
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Carolyn Ellis, beneficiary of Mr. Willard Ellis, passed away on May 16,2024. Mr. Ellis chose
the 100% Joint and Survivor benefit and Ms. Carolyn Ellis was his beneficiary. The GERP
benefit ended with her passing.
4. Review Investment Report (Adam Halvorson)
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5. Other Business
Randy Bailey and team will give an update on the RFP as soon as the audit is completed.
The meeting adjourned at 11:15 am.
Clark Mapes, Chair
Carolyn Koontz, Staff Liaison