Loading...
HomeMy WebLinkAbout2005 - Retirement Committee - Work PlanE GENERAL EMPLOYEES' RETIREMENT COMMITTEE 2005 Work Plan & Meeting Schedule Regular meetings of the General Employees' Retirement Committee (GERC) are scheduled for the first Thursday of every month in the Council Information Center (CIC) of City Hall, 300 LaPorte Avenue at 1:15pm. The 2004 GERC meeting schedule is: January 6 April 7 July 7 October 6 February 3 May 5 August 4 November 3 March 3 June 2 September 1 December I 2005 GERC Work Plan Prepare 2005 GERC Annual Report for City Council prior to January 31, 2006 Elect Officers and Review GERC standing rules in February, 2005 Continue Monitoring of Retirement Philosophy and determine what additional contributions must be made to the Plan in light of recent major losses Revise actuarial assumptions prior to April 1, if necessary Distribute `Personal Retirement Planning Statement' forms in April 2005 Review Quarterly Investment Reports Review legislative issues with actuarial consultant and support staff Conduct annual review of actuarial consultant services in June, 2005 Prepare Work Plan for 2006 by November 30, 2005 Complete and Distribute Revised Member Handbooks Provide educational opportunities for GERP members when needed