HomeMy WebLinkAbout2026-06-09 - City Council - Other - MinutesJOINT FORT WORTH CITY COUNCIL /
FORT WORTH EMPLOYEES' RETIREMENT FUND BOARD M��TING
TUESDAY, JUNE 9, 2026
Present•
Mayor Mattie Parker
Mayor Pro tem Carlos E. Flores, District 2
Council Member Michael D. Crain, District 3
Council Member Deborah Peoples, District 5(4:22pm)
Council Member Dr. Mia Hall, District 6
Council Member Macy Hill, District 7
Council Member Chris Nettles, District 8(4:38pm)
Council Member Elizabeth M. Beck, District 9
Council Member Chris Jamieson, District 10
Council Member Jeanette Martinez, District 11
Absent:
Council Member Charlie Lauersdorf, District 4
Fort Worth Employees' Retirement Fund Board Members Present:
Linda Webb
LLoyd Cook
Stephen Stegint
Maenica Berry-Long
Andrea Wright
Donald Clark
Michael Baggott
Wanda Valentine
Jesus Payan
Doug Wilson
David Coolce
Steve Purvis
James Lacamp
Reginald Zeno
Staff Present:
Jesus "Jay" Chapa, City Manager
Leann Guzman, City Attorney
Cristian Chavez, City Secretary Staff
CITY OF TORT WORTH, TEXAS
JOINT CITY COUNCIL/ FORT WORTH EMPLOYEES' RETIR�MENT FUND BOARD MEETING
JUN� 9, 2026
Page 2 of 3
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/Fot-t Ot�th Employees' Retirement Fund
Board to order at 4:04pm on Tuesday, June 9, 2026, in the City Council Woric
Session Room the Fort Wot�th City Hall, 100 Fort Worth Trail, Foi-t Worth, Texas.
II. Welcome and Introductions — Mayor Mattie Parker and Chairman
Doug Wilson
III. Actuarial Valuation as of December 31, 2025 — Joseph P. Newton,
Pension Market Leader and Actuary; Gabriel, Roeder, Smith &
Company (GRS)
Presentation was provided by Joseph P. Newton, Pension Marlcet Leader and
Actuary.
IV. Presentation on the Investment Performance of the Fund — Chief
Investment Officer Derrick Dagnan; Fort Worth Employees'
Retirement Fund (Fund)
Presentation was provided by Derrick Dagnan, Chief Investment Officer, For-t
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 Article
6243i of the Texas Revised Civil Statutes — Mayor Mattie Parker and
Chairman Doug Wilson
Jim Lacamp spoke about the investments being a bit more challenging moving
forward.
VI. Next Meeting — To be determined
Meeting date will be set later.
CITY OF FORT WORTH, T�XAS
JOINT CITY COUNCIL/ rORT WORTH GMPLOY�ES' RETIRGMGNT P'UND BOARD M��TING
JUNC 9, 2026
Page 3 of 3
VII. Request for Future Agenda Items
There were no future agenda items requested.
VIII. Adjourn
Thet•e being no further business, Mayor Parlcer and Chairman Wilson adjourned
the meeting at 4:54 p.m.
These minutes were approved by the Fort Wot�th City Couqfc�il on the 23rd d�,y of June 2026.
Attest: A �o�
�
ai nette S. Goodall Mattia�
i y Secretary Mayor