HomeMy WebLinkAbout2025/06/03-Minutes-Joint Meeting CC w/ Retirement Fund bdCITY OF FORT WORTH, TEXAS
JOINT FORT WORTH CITY COUNCIL/FORT WORTH EMPLOYEES'
RETIREMENT FUND BOARD MEETING
JUNE 10, 2025
Present:
Mayor Mattie Parker
Council Member Carlos Flores, District 2
Council Member Charles Lauersdorf, District 4
Council Member Deborah Peoples, District 5
Council Member Macy Hill, District 7
Council Member Chris Nettles, District 8
Council Member Elizabeth Beck, District 9
Council Member Alan Blaylock, District 10
Absent:
Council Member Michael D. Crain, District 3
Council Member Jared Williams, District 6
Council Member Jeanette Martinez, District 11
Fort Worth Employees' Retirement Fund Board Members Present:
Doug Wilson, Chair
Lloyd Cook, Vice Chair
Linda Webb, Executive Director
Michael Baggot
Reginald Zeno
Andrea Wright
Stephen Stegint (absent)
Loraine Coleman
Jim LaCamp
Jesus Payan
Staff Present:
Jesus "Jay" Chapa, City Manager
Leann Guzman, City Attorney
Jannette S. Goodall, City Secretary
I. Call to Order — Mayor Mattie Parker and Chairman Doug Wilson
With a quorum present, Mayor Parker and Chairman Wilson called the Joint Meeting
of the Fort Worth City Council/Fort Worth Employees' Retirement Fund Board to
CITY OF FORT WORTH, TEXAS
JOINT CITY COUNCIL/FORT WORTH EMPLOYEES' RETIREMENT FUND BOARD
JUNE 10, 2025
Page 2 of 2
order at 3:09 p.m., on Tuesday, June 10, 2025, in the City Council Work Session
Room, 100 Fort Worth Trail, Fort Worth, Texas.
II. Welcome and Introductions — Mayor Mattie Parker and Chairman
Chairman Doug Wilson
III. Actuarial Valuation as of December 31, 2024 — Joseph P. Newton, Pension
Market Leader and Actuary; Gabriel, Roeder, Smith & Company (GRS)
Presentation was provided by Joseph Newton, Pension Market Leader and
Actuary.
IV. Presentation on the Investment Performance of the Fund — Chief
Investment Officer Derrick Dagnan, Fort Worth Employees' Retirement
Fund
Presentation was provided by Derrick Dagnan, Chief Investment Officer, Fort
Worth Employees' Retirement Fund.
V. Discuss the Performance of the Fund and Determine How to Address the
Unfunded Liabilities, if any, as Required by Section 5.11 of Articles 6243i
of the Texas Revised Civil Statues — Mayor Parker and Chairman Doug
Wilson
No discussion occurred.
VI. Next Meeting — To be determined
Meeting date will be set later.
VII. Request for Future Agenda Items
There were no future agenda items.
VIII. Adjourn.
There being no further business, Mayor Parker and Chairman Wilson adjourned the
joint meeting at 3:47 p.m.
These minutes were approved by the Fort Worth City CoAil on the 17'h day of June, 2025.
Attest: A�
tpnette S. Goodall Martiecretary Mayor