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HomeMy WebLinkAbout2013 - Retirement Committee - Work PlanGENERAL EMPLOYEES’ RETIREMENT COMMITTEE 2013 Work Plan & Meeting Schedule 2013 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 2013 GERC meeting schedule is: January 10 April 11 July 11 October 10 February 14 May 9 August 8 November 14 March 14 June 13 September 12 December 12 2013 GERC Work Plan  Prepare 2012 GERC Annual Report for City Council prior to January 31, 2013.  Elect Officers and Review GERC standing rules in February, 2013.  Continue Monitoring of Retirement Plan and the appropriate level of contributions.  Revise actuarial assumptions prior to March 1, if necessary for the 2013 Report.  Distribute ‘Personal Retirement Planning Statement’ forms in April 2013.  Review Quarterly Investment Reports.  Review legislative issues with actuarial consultant and support staff.  Review contract for renewal of actuarial consultant services in June, 2013.  Prepare Work Plan for 2014 by November 30, 2013.  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