Details Meeting Name: General Employees Pension Plan Board of Trustees Agenda status: Final Revised Meeting date/time: 2/8/2023 10:00 AM Minutes status: Final   Meeting location: BIG ARTS - 900 Dunlop Rd Published agenda: Agenda Published minutes: Minutes Video Not available   Meeting video: Audio   Attachments: Meeting Items (55) 55 records Group Clear sorting Clear grouping Group by Type Group by Result Export Export to Excel Export to PDF Export to Word Show: All agenda items Legislation only All agenda items File # Ver. Agenda # Name Type Title Action Result Action Details Audio     1.     Call to Order     Audio     2.     Roll Call     Roll call Audio     3.     Pledge of Allegiance     Audio     4.     Trustee Appointment     Audio ID# 23-1179 1 a.   Informational Item City Council Resolution 22-039 Appointing Three Members; Ratifying the City Manager’s Appointment of One Member; Ratifying Two Members Elected by Active Plan Members; Acknowledging the Ninth Member Chosen By the Board.     Action details Not available     5.     Election of Chairman, Vice Chairman, and Secretary     Audio     6.     Adoption of Minutes     Audio ID# 23-1180 1 a.   Action Item August 10, 2022 Minutes adopted Pass Action details Not available     7.     Consent Agenda     Audio ID# 23-1181 1 a.   Action Item August 2022 Retiree Benefit Payments $201,455.92     Action details Not available ID# 23-1182 1 b.   Action Item September 2022 Retiree Benefit Payments $200,383.15     Action details Not available ID# 23-1183 1 c.   Action Item October 2022 Retiree Benefit Payments $203,667.54     Action details Not available ID# 23-1184 1 d.   Action Item November 2022 Retire Benefit Payments $203,667.54     Action details Not available ID# 23-1185 1 e.   Action Item December 2022 Retiree Benefit Payments $203,667.14     Action details Not available ID# 23-1186 1 f.   Action Item January 2023 Retiree Benefit Payments $205,523.16     Action details Not available ID# 23-1187 1 g.   Action Item January 2023 Retiree Lump Sum Payment $ 35,665.84     Action details Not available ID# 23-1188 1 h.   Action Item Lorium Law (Oct - Dec 2022 Legal Fees) $ 3,000.00     Action details Not available ID# 23-1189 1 i.   Action Item Lorium Law (Jan - Mar 2023 Legal Fees) $ 3,000.00     Action details Not available ID# 23-1190 1 j.   Action Item Richmond Capital Management (July-Sept 2022 Management Fees) $ 4,373.00     Action details Not available ID# 23-1191 1 k.   Action Item Richmond Capital Management TIPS (July-Sep 2022 Management Fees) $ 917.00     Action details Not available ID# 23-1192 1 l.   Action Item Richmond Capital Management (Oct-Dec 2022 Management Fees) $ 4,449.00     Action details Not available ID# 23-1193 1 m.   Action Item Richmond Capital Management TIPS (Oct-Dec 2022 Management Fees $ 744.00     Action details Not available ID# 23-1194 1 n.   Action Item Burgess Chambers & Associates, Inc. (July-Sep 2022 Consulting Fee) $ 10,000.00     Action details Not available ID# 23-1195 1 o.   Action Item Burgess Chambers & Associates, Inc. (Oct-Dec 2022 Consulting Fee) $ 10,000.00     Action details Not available ID# 23-1196 1 p.   Action Item SSI Management Fee (July-Sep 2022 Management Fees) $ 5,772.00     Action details Not available ID# 23-1197 1 q.   Action Item SSI Management Fee (Oct-Dec 2022 Management Fees) $ 5,732.00     Action details Not available ID# 23-1198 1 r.   Action Item DANA (Jul-Sep 2022 Management Fees) $ 12,462.87     Action details Not available ID# 23-1199 1 s.   Action Item DANA (Oct-Dec 2022 Management Fees) $ 11,708.69     Action details Not available ID# 23-1200 1 t.   Action Item Fifth Third Administrative Fees (Jul-Sep 2022) $ 2,661.08     Action details Not available ID# 23-1201 1 u.   Action Item Fifth Third Administrative Fees (Oct-Dec 2022) $ 2,683.98     Action details Not available ID# 23-1202 1 v.   Action Item American Core Realty (July-Sep 2022 Management Fees) $ 7,533.20     Action details Not available ID# 23-1203 1 w.   Action Item American Core Realty (Oct-Dec 2022 Management Fees) $ 7,105.26     Action details Not available ID# 23-1204 1 x.   Action Item Foster & Foster - August 2022 $ 3,700.00 approved Pass Action details Not available     8.     Consultant's Reports     Audio ID# 23-1205 1 a.   Action Item Presentation by Burgess Chambers & Associates, Inc. (Burgess Chambers) i. Investment Report Quarter Ending 09/30/2022     Action details Not available ID# 23-1206 1     Action Item ii. Investment Report Quarter Ending 12/31/2022     Action details Not available ID# 23-1207 1 b.   Action Item Presentation by Foster & Foster, Inc. (Sara Carlson) i. City of Sanibel General Employees' Retirement Plan Actuarial Valuation Report as of October 1, 2022 approved Pass Action details Not available ID# 23-1208 1 c.   Informational Item SSI Investment Management Quarterly Portfolio Report (Informational)     Action details Not available ID# 23-1209 1 d.   Informational Item DANA Investment Management Quarterly Report (Informational)     Action details Not available     9.     Staff Liaison Report     Audio ID# 23-1210 1 a.   Informational Item Cash flow analysis prepared by Steven C. Chaipel, Deputy City Manager/CFO i. FY 2022 Budgeted and Unaudited Actual     Action details Not available ID# 23-1211 1     Informational Item ii. FY 2023 Budgeted and Projected     Action details Not available     10.     New Business     Audio ID# 23-1212 1 a.   Informational Item Retiree Cost of Living Adjustments Effective October 1, 2022 (Informational)     Action details Not available ID# 23-1213 1 b.   Action Item Authorize Signatures for Chairman, Vice Chairman, and Secretary approved Pass Action details Not available ID# 23-1214 1 c.   Action Item Ratification of 2023 Calendar Year Meeting Schedule     Action details Not available     11.     Reports     Audio ID# 23-1215 1 a.   Informational Item City Council Liaison     Action details Audio ID# 23-1216 1 b.   Informational Item Attorney approved Pass Action details Not available ID# 23-1217 1 c.   Informational Item Chair     Action details Not available ID# 23-1218 1 d.   Informational Item Secretary     Action details Not available     12.     Public Comment     Audio     13.     Next Meeting Date     Audio ID# 23-1219 1 a.   Informational Item May 10, 2023     Action details Not available     14.     Adjournment     Audio