HomeMy WebLinkAbout2011 - Retirement Committee - Work PlanGENERAL EMPLOYEES’ RETIREMENT COMMITTEE
2011 Work Plan & Meeting Schedule
2011 Meeting Schedule
Regular meetings of the General Employees’ Retirement Committee (GERC) are scheduled for
the second Thursday of every month and are held at 215 North Mason in conference room 2A
beginning at 1:15pm. The 2011 GERC meeting schedule is:
January 13 April 14 July 14 October 13
February 10 May 12 August 11 November 10
March 10 June 9 September 8 December 8
2011 GERC Work Plan
Prepare 2010 GERC Annual Report for City Council prior to January 31, 2011.
Review Revised Investment Policy in January, 2011.
Review IRS response to plan and submit for Council approval within 90 days of
receiving IRS approval.
Elect Officers and Review GERC standing rules in February, 2011.
Continue Monitoring of Retirement Plan and the level appropriate level of contributions.
Revise actuarial assumptions prior to April 1, if necessary for the 2011 Report.
Distribute ‘Personal Retirement Planning Statement’ forms in April 2011.
Review Quarterly Investment Reports.
Review legislative issues with actuarial consultant and support staff.
Review contract for renewal of actuarial consultant services in June, 2011.
Prepare Work Plan for 2012 by November 30, 2011.
Provide educational opportunities for GERP members when needed.
The web site for the General Employees’ Retirement Committee will be monitored,
updated as needed, and the minutes of the meetings will be posted once they have been
approved and signed.