HomeMy WebLinkAbout2010/07/28-Agenda-City Council JOINT CITY COUNCIL AND RETIREMENT BOARD MEETING Page 1 of 2
FORT WORTH
JOINT CITY COUNCIL AND RETIREMENT BOARD MEETING
FOR THE MEETING AT 03:00 P.M. WEDNESDAY, JULY 28, 2010
FORT WORTH BOTANIC GARDEN, OAK HALL ROOM
3220 BOTANIC GARDEN BLVD., FORT WORTH, TEXAS 76107
I. Call to Order - Mayor Mike Moncrief and ERF Chairman Billy
Samuel
II. Welcome and Introductions - Mayor Mike Moncrief and Chair Billy
Samuel
III. Council and Board Roles and Responsibilities - Laetitia Brown
IV. Review the performance of the Fort Worth Employees' Retirement
Fund - Executive Director/CIO Ruth Ryerson
1. Mission Statement; Duties and Responsibilities
2. Board Governance and Fiduciary Duties
3. GASB and Potential Impact on Actuarial Matters
a. Ad Hoc COLA
b. Assumption Rate
4. Board Committees and Board Election Update
5. Cost Savings Measures and Major Accomplishments
6. Update on the Administrative Rule Changes
a. Indemnification provision for Board Trustees and Staff
employees
b. Disability rules amendments (for clarification purposes)
C. Voting requirements for Board action items
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JOINT CITY COUNCIL AND RETIREMENT BOARD MEETING Page 2 of 2
d. Notification to the City for changes to the Investment Policy
Statement
e. Clean-up items to match Fort Worth City Code provisions
f. DROP rule changes
V. Portfolio and Asset Allocation Overview - Eric Tanaka and Ryan
Harvey, RV Kuhns
VI. Discussion on how to address the unfunded liabilities of fund -
Mayor Mike Moncrief and Chair Billy Samuel
VII. Request for Future Agenda Items
VIII. Adjourn
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