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HomeMy WebLinkAbout2024 - Retirement Committee - Work PlanWork Plan City of Fort Collins GENERAL EMPLOYEES’ RETIREMENT COMMITTEE 2024 Work Plan Regular meetings of the General Employees’ Retirement Committee (GERC) are scheduled for the second Thursday of every month and are held via Zoom or at 215 North Mason in conference room 2A beginning at 11:00 am. The 2024 GERC meeting schedule is: January 11 April 11 July 11 October 10 February 8 May 9 August 8 November 14 March 14 June 13 September 12 December 12 2024 GERC Work Plan  Prepare 2023 GERC Annual Report for City Council prior to January 31, 2024.  Fiduciary training for all Committee members.  Elect Officers and Review GERC standing rules in February 2024.  Consider modifying practices, policies, plan document, etc. as advised in fiduciary training.  Continue Monitoring of Retirement Plan and the appropriate level of contributions.  Revise actuarial assumptions prior to March 1, if necessary, for the 2023 Report.  Review ‘Personal Retirement Planning Statement’ forms in April 2024.  Review Quarterly and Monthly Investment Reports.  Review legislative issues with actuarial consultant and support staff.  Prepare Work Plan for 2025 by September 30, 2024.  Provide and enhance the educational opportunities for GERP members and GERC Board members, as appropriate.  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.