HomeMy WebLinkAbout2012 - Retirement Committee - Work PlanGENERAL EMPLOYEES’ RETIREMENT COMMITTEE
2012 Work Plan & Meeting Schedule
2012 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 2012 GERC meeting schedule is:
January 12 April 12 July 12 October 11
February 9 May 10 August 9 November 8
March 8 June 14 September 13 December 13
2012 GERC Work Plan
Prepare 2011 GERC Annual Report for City Council prior to January 31, 2012.
Review IRS response and submit for Council approval within 90 days of receiving IRS
approval.
Elect Officers and Review GERC standing rules in February, 2012.
Continue Monitoring of Retirement Plan and the appropriate level of contributions.
Revise actuarial assumptions prior to April 1, if necessary for the 2012 Report.
Distribute ‘Personal Retirement Planning Statement’ forms in April 2012.
Review Quarterly Investment Reports.
Review legislative issues with actuarial consultant and support staff.
Review contract for renewal of actuarial consultant services in June, 2012.
Prepare Work Plan for 2013 by November 30, 2012.
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.