HomeMy WebLinkAbout2014 - Retirement Committee - Work PlanGENERAL EMPLOYEES’ RETIREMENT COMMITTEE
2014 Work Plan & Meeting Schedule
2014 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 2014 GERC meeting schedule is:
January 9 April 10 July 10 October 9
February 13 May 8 August 14 November 13
March 13 June 12 September 11 December 11
2014 GERC Work Plan
Prepare 2013 GERC Annual Report for City Council prior to January 31, 2014.
Elect Officers and Review GERC standing rules in February, 2014.
Continue Monitoring of Retirement Plan and the appropriate level of contributions.
Revise actuarial assumptions prior to March 1, if necessary for the 2014 Report.
Distribute ‘Personal Retirement Planning Statement’ forms in April 2014.
Review Quarterly and Monthly Investment Reports.
Review legislative issues with actuarial consultant and support staff.
Review contract for renewal of actuarial consultant services in June, 2014.
Review implications of implementing GASB 67 and 68 (Q2)
Prepare Work Plan for 2015 by November 30, 2014.
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 will be posted once they have been approved and
signed.
Consider recommending retirement transition modifications to the plan