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HomeMy WebLinkAboutRetirement Committee - Minutes - 01/08/2015General 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 JANUARY 8, 2015 1:20 TO 1:40 P.M. 215 N. MASON—ROOM 2A COMMITTEE MEMBERS PRESENT: Angelina Sanchez-Sprague, Chair John Voss, Vice Chair John Lindsay David Cox COMMITTEE MEMBERS ABSENT: Rodney Albers OTHERS PRESENT: Janie Appleton Jenny Lopez Filkins Harold Hall Chris Donegon Joel Stewart, Milliman Claire Turney George Keith Elmund Meeting called to order at 1:20 p.m. Citizen Participation and Plan member Comments No comments Approval of Minutes from December 11, 2014 John Voss moved to approve the minutes. Dave Cox seconded. Minutes approved unanimously. Review and approve Qualified Domestic Relations Order (QDRO) Jenny Lopez Filkins and Janie Appleton presented QDRO #2013 DR 30432. The order will divide the pension evenly (50/50; see page 2 section B for more details) between the pension holder and ex-spouse after a divorce. Jenny recommended that the QDRO be approved as is. John Voss moved to approve the QDRO #2013 DR 30432. John Lindsay seconded. The motion passed unanimously. Monthly Investments and Other Reports (Harold Hall) Harold Hall reported that the total YTD return is 5.98%, and total market value of cash and investments for the Plan is $45,689,538.80. There are 24 new retirees YTD.