miami beach employees’retirement plan of the city of … · 12/11/2018 · vicky cadina linda...
TRANSCRIPT
MIAMI BEACH EMPLOYEES’RETIREMENT PLAN OF THE CITY OF MIAMI BEACH PENSION BOARD MEETING Tuesday, December 11, 2018 10:00 a.m. CITY HALL Pension Office Conference Room BOARD OF TRUSTEES James Boyd Lynn Bernstein Jason Casanova Jose Del Risco Ray Horday Jonathan Sinkes Mark Taxis Manny Villar Jr. John Woodruff CONSENT AGENDA PAGE C-1 Minutes for approval – November 13, 2018 4 C-2 New Members of the System – 12 Maria Aranda Davidson Dalger Cesar Hernandez Pedro Martinez Jorge Mendoza Gedel Merzius Damon Whitfield C-3 New Retirees – 13 John Berry C-4 New Pensioners – 14 Ana Rosa D’Amato C-5 Request for Lump Sum Refunds – 15 Irma Rodriguez C-6 Request for Accumulated Contribution Refund For a Named Beneficiary – (None) C-7 Purchase of Creditable Service Time – (None) C-8 New DROP applicants – 16 Vicky Cadina Linda Carlson Esther Rodriguez Joseph Monestime
CONSENT AGENDA December 11, 2018 Page 2 C-9 Lump Sum Refunds Paid since last meeting – 20 Robert Alvarez Andres Gil Jorge Filgueira Marcial Garcia Zuleika Davidson Mery Sandoval Lisa Merced Eva Silverstein Hines Oniel Toledo C-10 Financial Reports
a. Pension Payroll for December 1, 2018 – $3,736,230.45 b. DROP Payroll for December 1, 2018 - $426,433.53 c. September & October 2018 Bank Reconciliations 21
C-11 Requests for Payment – December 2018 Legal Amount Pg. # Legal Services - KKJ&L $ 5,000.00 23 for the month of December 2018
Bookkeeping
Joan Wall- Bookkeeping
For the month of December 2018 $ 350.00 25
Office etc
Sharp Electronics Corporation
For the month of 2018
Invoice # 9001546387 dated 11/26/2018 $ 136.13 26
Invoice # 9001546388 dated 11/26/2018 $ 136.13 27
Pure Water Partner:
Water System Acct # 20865
Inv# 319151 Month of November $ 34.99 29
CMB- Central Services
Charges for November $ 774.97 31
ISA Printing
Laser check 2-part (white & pink) $ 490.00 33
Office supplies- Office Depot $ 268.78 35
AMEX - Printing expenses
Your Name Printing Inc. $ 162.50 40
AMEX - Misc. Board Meeting Expense
Pinecrest Bakery $ 35.97 40
C-12 Conv/Seminars/Dues/Etc
AMEX - Conference Expenses $ 2,834.92 40
CONSENT AGENDA December 11, 2018 Page 3
IN ACCORDANCE WITH THE AMERICANS WITH DISABILITY ACT OF 1990, PERSONS NEEDING A SPECIAL ACCOMMODATION TO PARTICIPATE IN THIS PROCEEDING SHOULD CONTACT THE PENSION OFFICE NO LATER THAN FOUR DAYS PRIOR TO THE PROCEEDING. TELEPHONE (305) 673-7437 FOR ASSISTANCE; IF HEARING IMPAIRED, TELEPHONE THE FLORIDA RELAY SERVICE NUMBERS (800) 955-8771 (TDD) OR (800) 955-8770 (VOICE), FOR ASSISTANCE. IF A PERSON DECIDES TO APPEAL ANY DECISION MADE BY THE BOARD WITH RESPECT TO ANY MATTER CONSIDERED A THIS MEETING, HE WILL NEED A RECORD OF THE PROCEEDINGS, AND FOR SUCH PURPOSE HE MAY NEED TO ENSURE THAT A VERBATIM RECORD OF THE PROCEEDING IS MADE WHICH RECORD INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS TO BE BASED. FLORIDA STATUTES 286.0105 THIS MEETING MAY BE CONDUCTED BY MEANS OF OR IN CONJUNCTION WITH COMMUNICATIONS MEDIA TECHNOLOGY, SPECIFICALLY A TELEPHONE CONFERENCE CALL. THE ABOVE LOCATION, WHICH IS ORDINARILY OPEN TO THE PUBLIC, SHALL SERVE AS AN ACCESS POINT. PERSONS WISHING TO ATTEND SHOULD APPEAR AT THE ACCESS POINT, WHERE TELEPHONIC ACCESS TO THE MEETING WILL BE PROVIDED.
MINUTES OF THE MEETING OF THE BOARD OF TRUSTEES OF THE MIAMI BEACH EMPLOYEES’ RETIREMENT PLAN
OF THE CITY OF MIAMI BEACH November 13, 2018
Chairman Boyd called the meeting to order at 10:02 a.m. Board Members present were as follows: James Boyd Lynn Bernstein Jason Casanova Ray Horday Jonathan Sinkes Mark Taxis Manny Villar John Woodruff Members absent – Jose Del Risco Also present were:
Rick Rivera Pension Administrator Sandra Sicily Assistant Pension Administrator Stuart Kaufman Board Attorney, Klausner & Kaufman Richard Sicking Counsel for Alvaro Noel Alvaro Noel Employee member, disability applicant Michael Smith Human Resources Director Sonia Bridges Div. Director, Risk Management Amada Gonzalez City of Miami Beach employee Bill Cottle Fund Consultant, Milliman Zander Grant Relationship Manager, Wellington Laura Howenstine Investment Director, Wellington Gary Gustovich Regional Director, Dimensional Mark Schilder Associate Portfolio Manager, Dimensional Jaclyn Weinman Vice President, JP Morgan Daniel Galinko Vice President, JP Morgan
CONSENT AGENDA The Administrator requested the addition of one (1) addendum to Item C-12 for a travel expense reimbursement in the amount of $1,619.19 on behalf of Mr. Villar. A motion was made by Ms. Bernstein duly seconded by Mr. Sinkes and unanimously RESOLVED that the addition of one (1) addendum to Item C-12 for a
travel expense reimbursement in the amount of $1,619.19 on behalf of Mr. Villar be added to the Consent Agenda.
A motion was made by Mr. Sinkes duly seconded by Mr. Woodruff and unanimously RESOLVED that the Consent Agenda be approved as amended. C-1 Board Minutes approved – October 9, 2018
PENSION BOARD MINUTES November 13, 2018 Page 2 C-2 New Members of the System – Emp Id Last Name First Name Start Date Hire Date
22976 BOODOO RANDY 10/15/2018 4/17/2018
22967 MC CLAIN MONTRICE 10/15/2018 4/16/2018
22958 MITCHELL SHORAWN 10/15/2018 4/16/2018
23196 ROMERO LOSADA JESSICA 10/15/2018 10/15/2018
22752 DUFAU STEPHANY 10/1/2018 10/2/2017
22751 FERRANDO VANESSA 10/1/2018 10/16/2017
23177 GUTIERREZ GRACE 10/1/2018 10/1/2018
21990 HODGE JOSEPHINE 10/1/2018 4/17/2017
21960 MAJOR RACHEAL 10/1/2018 3/6/2017
22754 SANCHEZ AMALIA 10/1/2018 10/2/2017
22753 TENNYSON LAGARIA 10/1/2018 10/16/2017
C-3 New Retiree Allowances were approved as follows – (None) C-4 New Pensioner Allowances were approved as follows –
Date of
Dependent
Name Retirement Ret._Type Upon Amount
Norma Mojicar 10/01/2018 662/3% J&S Luis Mojicar $ 816.09
Mary Burton 10/01/2018 50% J&S Raymond Burton $1,498.40
Maria Lamprou 11/01/2018 100% J&S Atanacios Lamprou $1,469.70 C-5 Requests for Lump Sum Refunds were approved as follows – Name Separation Date Gross Amount YCS Andres Gil October 31, 2018 $ 4,091.46 .77 ycs Milena Rodriguez November 7, 2018 $ 9,409.81 .77 ycs Michael Gandia November 2, 2018 $ 11,493.71 .73 ycs Zuleika Davidson September 2, 2018 $ 13,391.15 2.01 ycs William Clark November 1, 2018 $ 7,100.76 .69 ycs Oniel Toledo October 31, 2018 $ 31,452.17 3.96 ycs Jamie Douglas March 30, 2018 $ 2,196.84 1.08 ycs Marcial Garcia November 7, 2018 $ 7,111.57 1.54 ycs Robert Alvarez October 29, 2018 $ 6,355.62 1.50 ycs Jorge Filgueira June 29, 2018 $ 1,469.86 .30 ycs Mery Sandoval November 5, 2018 $ 9,558.13 2.50 ycs Eva Hines September 7, 2018 $ 32,667.11 1.68 ycs Lisa Merced July 26, 2018 $ 51,311.73 7.27 ycs
PENSION BOARD MINUTES November 13, 2018 Page 3 C-6 Request for Accumulated Contribution Refund for a Named Beneficiary was approved as follows – (None) C-7 Purchases of Creditable Service Time were approved as follows – Name Contract Date Amount Hours used YCS Bought Nelida Correa November 8, 2018 $3,628.78 149.90hrs .51 ycs C-8 DROP applicants were approved as follows – (None) C-9 Lump Sum Refunds paid since the last meeting were approved as follows – Check Date Name gross withholding check # 10/4/2018 Reggie Monzon $ 12,891.92 R/O 116931 10/11/2018 Victor Pena $ 37,921.72 R/O 116951 10/19/2018 Parvesh Deonarinesingh $ 17,540.34 R/O 116957 10/24/2018 Jason Kozakiewicz $ 3,550.90 $ 710.18 116958 10/24/2018 Ida Smart $ 52,392.37 $ 10,478.47 116959 10/24/2018 Francisco D'Elia $ 18,438.12 $ 3,687.62 116960 10/24/2018 Stepfon Brown $ 13,472.77 $ 2,694.55 116961 10/24/2018 Kerrie Hodges $ 9,615.85 $ 1,923.17 116962 C-10 The Financial Reports were approved as presented. C-11 Requests for Payment were approved as presented - Legal Amount
Legal Services - KKJ&L $6,575.00
for the month of November 2018 Bookkeeping Joan Wall- Bookkeeping For the month of November 2018 $350.00
Actuary Gabriel, Roeder, Smith & Company Preparation of Actuarial Valuation $601.00
Charges to date for Experience Study $4,173.00
Auditors Marcum LLP- External Audit Fees Progress bill for audit of Retirement
Plan fiscal year ending Sept 30, 2018 Inv# 101233251 dated 10/1/2018 $831.00
Inv# 101241861 dated 10/31/2018 $3,771.00
PENSION BOARD MINUTES November 13, 2018 Page 4 Office etc Sharp Electronics Corporation
For the month of February 2018 Invoice # 9001038258 dated 2/23/2018 $136.13
Pure Water Partner: Water System Acct # 20865 Inv# 319151 Month of October $34.99
Central Services: Charges for October 2018 $1,095.31
Money Managers Fees Wellington Trust Co.
$213,708.66 SP500P, SP400P, SP600P, CBOND-P
Inv# gmbeach2018Q3 date 10/10/2018
Rhumbline Advisers fee
SP500P, SP400P, SP600P, CBOND-P Inv# gmbeach2018Q3 date 10/10/2018 $15,484.00
Consulting Services Consulting Services- Milliman Inc. for the qtr services July-Sept 2018 Code: 0212MBG01 Billing ID: 09.2018 $23,750.00
C-12 Conv/Seminars/Dues/Etc American Express: $7,087.73
Conference NCPERS 2019 Annual Membership Dues $250.00
Travel Reimbubursements: Mark Taxis $749.35
Lynn Bernstein $472.57
Manny Villar $1,619.19 C-11 Requests for Payment were approved as presented – (Continued)
PENSION BOARD MINUTES November 13, 2018 Page 5
REGULAR AGENDA The Administrator requested the addition of one (1) addendum to New Items, R-2(E), for permission to use the Fund’s Actuary by the Human Resources Director. A motion was made by Mr. Taxis duly seconded by Ms. Bernstein and unanimously RESOLVED that the addition of one New Item, R-2(E), for permission
to use the Fund’s Actuary by the Human Resources Director be added to the Regular Agenda
R-1 Deferred Items –
A. Sugarman & Susskind demand letter Re: Amada Gonzalez – This item was deferred until the December board meeting.
B. Consideration and discussion of MBERP Annual Goals Retreat – A discussion ensued regarding possible scenarios for a retreat that included changing the date of a future board meeting from a Tuesday to a Saturday or adding the retreat item to the end of a board meeting. A discussion ensued regarding the process of reviewing the Fund’s vendors as a possible retreat topic.
C. Pension Software finalist’s recommendation – The Administrator
provided the Board a recap of his on-site visits to local municipalities that were using the pension software providers in question as well as his experience with the three different pension software demos he had viewed. A discussion ensued. The Board requested that representatives from Pension Technology Group (PTG) attend the next board meeting to possibly finalize a contract.
R-2 New Items –
A. Informal Disability Hearing for Alvaro Noel – Mr. Kaufman reviewed the disability claims procedures. He stated that there were three (3) options at the informal hearing; approve the disability, defer the informal hearing to request more information or deny the informal hearing and send the matter to a formal hearing. A discussion ensued. The Chairman stated that the Board had always followed strict adherence to the checked boxes on the report of physical examiner. Mr. Sicking stated that although the City had issued a light duty assignment to the applicant there was in fact no position that met the applicant’s restrictions currently being offered to him. A discussion ensued. Mr. Taxis asked if he may inquire about this matter to the Human Resources Director that was in attendance. Mr. Kaufman said that unfortunately the informal hearing was restricted to the evidence presented in the report. A discussion ensued.
PENSION BOARD MINUTES November 13, 2018 Page 6
The Administrator was instructed to inquire in writing to the Parks Department and Human Resources department if there was a light duty position that accommodated Mr. Noel’s work restrictions.
A motion was made by Ms. Bernstein duly seconded by Mr. Taxis, and with all in favor, it was unanimously
RESOLVED that Alvaro Noel’s informal disability hearing be
deferred until the Administrator obtains in writing from the Parks Department whether or not there is currently a light duty position that accommodates Mr. Noel’s work restrictions.
B. Salary Review Committee update – the two (2) members of the salary review committee, Ms. Bernstein and Mr. Villar, discussed this year’s salary review process with the Board. They said that they had created and implemented a written annual administrator review form for the Administrator to complete that highlighted goals, accomplishments and other pertinent information. A discussion ensued. The Salary Review Committee recommended a 3% merit adjustment retroactive to October 1, 2018.
A motion was made by Mr. Sinkes duly seconded by Mr. Taxis, and with all in favor, it was unanimously
RESOLVED that the Administrator be granted a 3% merit increase
applicable to the 2018-2019 fiscal year retroactive to October 1, 2018.
C. Discussion Item – Should we be doing more to educate our members on retirement benefits, opportunities and concerns – Mr. Taxis inquired about the current information being disseminated to the membership. The Administrator displayed and went over the Fund’s website on the TV monitor. He stated that once a new pension software firm is selected he expected members to be able to log-in to a portal and have more access to information such as forms, self-calculations, 1099r’s, direct deposit advices and other information. The Administrator appreciated the Board’s concern and stated he would provide updates at future board meetings once the data conversion and portal construction began. He said that he welcomed any suggestions and feedback the Board might have. The Administrator also stated he would reach out to the Human Resources department and see if he could be included again in new employee orientation if this program still existed.
D. Discussion Item – Website Development for employee and retiree
members – This item was discussed in item R-2(C).
PENSION BOARD MINUTES November 13, 2018 Page 7
E. Request to use the Fund’s actuary, Gabriel Roeder Smith, by a 3rd party – Michael Smith, Director of Human Resources, requested the use of the Fund’s actuary for pension reform scenarios dealing with collective bargaining. Mr. Taxis wondered if the request to the Board could be streamlined as time was of the essence and waiting up to a month to request the use of the Fund’s actuary and at least 60 days for a study to be completed by the actuary was not feasible during contract negotiations. A discussion ensued. It was decided that the City could make a request to use the Fund’s actuary directly with the Chairman and then at a subsequent board meeting the Chairman could present the request to the Board as an FYI. Mr. Kaufman stated that if a scenario included ‘closing the Plan’ the Board should not allow this request to be granted as the Board had a fiduciary responsibility to the vested and retired Members. Mr. Smith assured the Board that closing the Plan was not a scenario.
A motion was made by Mr. Taxis duly seconded by Mr. Casanova, and with all in favor, it was unanimously
RESOLVED that the Board grant Michael Smith, Human Resources
Director, the use of the Fund’s actuary for a collective bargaining study.
A motion was made by Mr. Taxis duly seconded by Mr. Casanova, and with all in favor, it was unanimously
RESOLVED that the Board give authority to Chairman James W.
Boyd to sign off on granting permission to the City to use the Plan Actuary for collective bargaining purposes as long as the request is in writing so it can be presented to the Board at a future meeting.
R-3 Administrator’s Report
There was no new information at this time. R-4 Investment Reports
A. Fund Consultant’s presentation – Mr. Cottle presented the Fund’s fiscal year performance as of September 30, 2018 from his quarterly report. He went over the analysis of changes in market value of assets in detail on page 9 of the report. He said that the fiscal year investment return had been 8.6%. He said that the Fund’s fiscal year performance ranked in the 27th percentile of the Milliman universe. Mr. Cottle reviewed the actual asset allocation, investment manager performance and total fund risk/reward versus the Universe from the Milliman quarterly report.
PENSION BOARD MINUTES November 13, 2018 Page 8
B. Investment Manager Presentation by Alexander Grant and Laura Howenstine – Representatives from the Fund’s investment manager, Wellington Management, went over their quarterly reports for the Intermediate Bond Plus and International Quality Growth products the Plan was invested in.
C. Investment Manager Presentation by Gary Gustovich and Mark Schilder
– Representatives from the Fund’s emerging markets international equity mutual fund manager Dimensional, went over their quarterly report for the emerging markets core equity portfolio product the Plan was invested in.
D. Investment Manager Presentation by Jacklyn Weinman and Dan Galinko
– Representatives from the Fund’s Real Estate and Infrastructure manager JP Morgan, went over their quarterly reports for the Strategic property Fund and Infrastructure Investment Fund product the Plan was invested in.
R-5 For Your Information
Chairman Boyd and Mr. Kaufman reviewed for your information.
Mr. Cottle reviewed the August 30, 2018 memo regarding customized pension risk modeling by Nuveen. A discussion ensued. No action was taken at this time. There being no further business to discuss, a motion was made by Mr. Horday duly seconded by Ms. Bernstein and unanimously
Resolved that the meeting be adjourned. The meeting was
adjourned at 1:59 p.m.
______________________ ___________________________ James W. Boyd, Chairman Jose Del Risco, Secretary
Emp Id Last Name First Name Start Date Department Name Job Title Union Hire Date
21872 ARANDA MARIA 11/5/2018 HOUSING DEVELOPMENT OFFICE ASSOCIATE III CUNC 12/27/201623218 DALGER DAVIDSON 11/19/2018 PUBLIC WORKS ENGINEERING CIVIL ENGINEER I CUNC 11/19/201823007 HERNANDEZ CESAR 11/12/2018 SBST SANITATION MSW II CAFC 5/14/201823004 MARTINEZ PEDRO 11/12/2018 BUILDING SERV - BUILDING SR BUILDING INSPECTOR CGSA 5/14/2018
22986 MENDOZA JORGE 11/12/2018 PUBLIC WORKS PROPERTY MGMT TRADESWORKER I FACILITIES MGR COTH 5/14/201823205 MERZIUS GEDEL 11/5/2018 TOURISM & CULTURAL DEVELOPMENTREDEVELOPMENT SPECIALIST CUNC 11/5/201823006 WHITFIELD DAMON 11/12/2018 SANITATION MSW II CAFC 5/14/2018
12/4/2018 3:25:28 PM
Ordinance No. 2015-3946 NEW RETIREE NAME: John Berry DATE OF BIRTH: March 9, 1949 CLASSIFICATION: Sr. Bldg Inspector DEPARTMENT: Building Dept TERMINATION DATE: November 30, 2018 BENEFITS TO COMMENCE: December 1, 2018 TYPE OF RETIREMENT: Ordinary Service Retirement (50%) CREDITABLE SERVICE: 14.26 ycs EST. PENSION BENEFIT: $2,787.67 SECTION OF ORDINANCE: 5.01 – Ordinary Service Retirement
ORDINANCE NO. 2015-3946 NEW PENSIONERS NAME: Ana Rosa D’Amato BENEFITS TO COMMENCE: December 1, 2018 TYPE OF PENSION: Joint Dependent Beneficiary (66.67%) DEPENDENT UPON: Nicholas D’Amato DATE OF DEATH: November 3, 2018 PENSION BENEFIT: $3,874.14 SECTION OF ORDINANCE: 5.07 – Death Benefits after Retirement
ORDINANCE NO. 2015-3946
REQUEST FOR LUMP SUM REFUND
NAME: Irma Y Rodriguez CLASSIFICATION: Financial Analyst I DEPARTMENT: Finance DATE OF SEPARATION: November 15, 2018 CREDITABLE SERVICE: 12.97 ycs ESTIMATED LUMP SUM DUE: $67,728.04 Federal Tax Withholding: $13,207.21 SECTION OF ORDINANCE: 5.10
Ordinance No. 2015-3946 NEW DROP MEMBER NAME: Linda Carlson DATE OF BIRTH: June 15, 1952 CLASSIFICATION: Public Safety Specialist DEPARTMENT: Police Tech Services BEGINNING DROP DATE: December 1, 2018 TYPE OF RETIREMENT: Ordinary Service Retirement (LA) CREDITABLE SERVICE: 20.04 ycs EST. PENSION BENEFIT: $3,043.94 SECTION OF ORDINANCE: 5.13
Ordinance No. 2015-3946 NEW DROP MEMBER NAME: Vicky Cadina DATE OF BIRTH: November 21, 1954 CLASSIFICATION: Communications Operator DEPARTMENT: Public Safety Comm. Division BEGINNING DROP DATE: December 1, 2018 TYPE OF RETIREMENT: Ordinary Service Retirement (LA) CREDITABLE SERVICE: 16.88 ycs EST. PENSION BENEFIT: $2,304.93 SECTION OF ORDINANCE: 5.13
Ordinance No. 2015-3946 NEW DROP MEMBER NAME: Esther M. Rodriguez DATE OF BIRTH: December 28, 1963 CLASSIFICATION: Parking Administration Manager DEPARTMENT: Parking Administration BEGINNING DROP DATE: January 1, 2019 TYPE OF RETIREMENT: Ordinary Service Retirement (50%) CREDITABLE SERVICE: 25.58 ycs EST. PENSION BENEFIT: $4,874.33 SECTION OF ORDINANCE: 5.13
Ordinance No. 2015-3946
NEW DROP MEMBER NAME: Joseph Monestime DATE OF BIRTH: May 26, 1955 CLASSIFICATION: Street Light Technician I DEPARTMENT: Public Works Street BEGINNING DROP DATE: January 1, 2019 TYPE OF RETIREMENT: Ordinary Service Retirement (50%) CREDITABLE SERVICE: 15.68 ycs EST. PENSION BENEFIT: $1,919.43 SECTION OF ORDINANCE: 5.13
Lump Sums Paid November 2018Check Date Name gross withholding check #
11/16/2018 Robert Alvarez 6,470.23$ 1,294.05$ 11698811/16/2018 Andres Gil 4,185.87$ 837.17$ 11698911/16/2018 Jorge Filgueira 1,476.74$ 295.35$ 11699011/16/2018 Marcial Garcia 7,379.55$ 1,475.91$ 11699111/16/2018 Zuleika Davidson 13,680.11$ 2,736.02$ 11699211/16/2018 Mery Sandoval 9,858.79$ R/O 11699311/16/2018 Lisa Merced 52,164.60$ R/O 11699411/16/2018 Eva Silverstein Hines 33,202.26$ R/O 11699511/16/2018 Oniel Toledo 32,232.08$ R/O 116996
Checking Account Beginning Balance 9/1/2018 $452,801.65
Receipts
Bank deposits $13,632.48
Wire from Trust $200,000.00
Wire from Money Managers $3,500,000.00
Void Benefits/Returned ACH $14,123.65
$3,727,756.13
Disbursements
Advanced Payroll for September 2018 ($2,310,776.75)
Unclassified Payroll for September 2018 ($1,305,625.08)
Administrative Expenses for September 2018 ($56,951.19)
Lump Sum Payments ($155,372.94)
Returned Deposited Item from CMB ($2,270.15)
Additional Payroll Checks $0.00
($3,830,996.11)
Payroll Entry Adjustments
Prepaid General Payroll Direct Deposit for September 2018 $1,913,056.43
Prepaid Unclassified Payroll Direct Deposit for September 2018 $1,071,297.27
Prepaid General 945 Payroll Taxes for September 2018 $222,631.44
Prepaid Unclassified 945 Payroll Taxes for September 2018 $150,364.25
$3,357,349.39
Checking Account Ending Balance 9/30/18 $3,706,911.06
Bank Statement Ending Balance 9/30/18 $3,729,225.59
Less Outstanding Checks
Outstanding Pension Payroll Checks ($7,219.03)
Outstanding Administrative Checks ($2,203.58)
Outstanding Lump Sum Payments ($12,891.92)
Deposit in Transit $0.00
($22,314.53)
$3,706,911.06
Completed by: Checked by:
MIAMI BEACH EMPLOYEES' RETIREMENT PLAN
CHECKING ACCOUNT RECONCILIATION - ACCOUNT #0189001219860 (SUNTRUST)
9/30/18
Sandra Sicily Rick Rivera
F:\PENS\$ALL\XcelFiles\CHECKING & TRUST ACCOUNTS\CHECKACC\Checking Account Reconciliations\2018 Checking Account Reconciliation 2018
Checking Account Beginning Balance 10/1/2018 $3,706,911.06
Receipts
Bank deposits $0.00
Wire from Trust $3,400,000.00
Wire from Money Managers $1,500,000.00
Void Benefits/Returned ACH $15,959.02
$4,915,959.02
Disbursements
Advanced Payroll for October 2018 ($2,377,765.55)
Unclassified Payroll for October 2018 ($1,344,341.67)
Administrative Expenses for October 2018 ($57,681.19)
Lump Sum Payments ($152,932.07)
Additional Payroll Checks ($14,734.76)
($3,947,455.24)
Payroll Entry Adjustments
N/A $0.00
$0.00
$0.00
$0.00
$0.00
Checking Account Ending Balance 10/31/018 $4,675,414.84
Bank Statement Ending Balance 10/31/018 $4,704,864.68
Less Outstanding Checks
Outstanding Pension Payroll Checks ($10,105.92)
Outstanding Administrative Checks ($1,803.58)
Outstanding Lump Sum Payments ($17,540.34)
Deposit in Transit $0.00
($29,449.84)
$4,675,414.84
Completed by: Checked by:
MIAMI BEACH EMPLOYEES' RETIREMENT PLAN
CHECKING ACCOUNT RECONCILIATION - ACCOUNT #0189001219860 (SUNTRUST)
10/31/018
Sandra Sicily Rick Rivera
F:\PENS\$ALL\XcelFiles\CHECKING & TRUST ACCOUNTS\CHECKACC\Checking Account Reconciliations\2018 Checking Account Reconciliation 2018
MIAMI BEACH EMPLOYEES’ RETIREMENT PLAN PENSION BOARD MEETING
Tuesday, December 11, 2018 10:00 a.m. CITY HALL
Pension Office Conference Room
REGULAR AGENDA R-1 Deferred Items –
A. Sugarman & Susskind demand letter - 46 Re: Amada Gonzalez
B. Pension Software finalists recommendation -
C. Informal Disability Hearing for Alvaro Noel - 66
R-2 New Items –
A. Request to use the Fund’s Actuary, GRS,
by a 3rd Party - 67
R-3 Administrator’s Report
R-4 For Your Information
A. DROP update - 70
B. Conference Calendar - 71
IN ACCORDANCE WITH THE AMERICANS WITH DISABILITY ACT OF 1990, PERSONS NEEDING A SPECIAL ACCOMMODATION TO PARTICIPATE IN THIS PROCEEDING SHOULD CONTACT THE PENSION OFFICE NO LATER THAN FOUR DAYS PRIOR TO THE PROCEEDING. TELEPHONE (305) 673-7437 FOR ASSISTANCE; IF HEARING IMPAIRED, TELEPHONE THE FLORIDA RELAY SERVICE NUMBERS (800) 955-8771 (TDD) OR (800) 955-8770 (VOICE), FOR ASSISTANCE. IF A PERSON DECIDES TO APPEAL ANY DECISION MADE BY THE BOARD WITH RESPECT TO ANY MATTER CONSIDERED A THIS MEETING, HE WILL NEED A RECORD OF THE PROCEEDINGS, AND FOR SUCH PURPOSE HE MAY NEED TO ENSURE THAT A VERBATIM RECORD OF THE PROCEEDING IS MADE WHICH RECORD INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS TO BE BASED. FLORIDA STATUTES 286.0105 THIS MEETING MAY BE CONDUCTED BY MEANS OF OR IN CONJUNCTION WITH COMMUNICATIONS MEDIA TECHNOLOGY, SPECIFICALLY A TELEPHONE CONFERENCE CALL. THE ABOVE LOCATION, WHICH IS ORDINARILY OPEN TO THE PUBLIC, SHALL SERVE AS AN ACCESS POINT. PERSONS WISHING TO ATTEND SHOULD APPEAR AT THE ACCESS POINT, WHERE TELEPHONIC ACCESS TO THE MEETING WILL BE PROVIDED.
November 12, 2018 Mr. Rick Rivera Pension Administrator City of Miami Beach Employees’ Retirement Plan 1700 Convention Center Drive Miami Beach, Florida 33139 Re: City of Miami Beach Employees Retirement Plan Dear Rick: As requested, we have determined the present value of projected benefits and actuarial accrued liability for City of Miami Beach employee Amada Gonzalez assuming she is permitted to enter the City of Miami Beach Employees Retirement Plan retroactively at two potential entry dates, July 2, 2001 and April 21, 2007. Our calculations are based on the data provided for Ms. Gonzalez in your October 12, 2018 e‐mails. These calculations are also based on the actuarial assumptions and methods detailed in our October 1, 2017 actuarial valuation report dated April 9, 2018, except that we have reflected the 7.5% investment return assumption that the Board has previously adopted for the October 1, 2018 actuarial valuation. The tables below summarize the present value results for both potential entry dates. As requested, we have determined the results as of two calculation dates, December 1, 2018 and January 1, 2019.
Calculations as of December 1, 2018
July 2, 2001
Entry Date
April 21, 2007
Entry Date
Net Employer‐Provided Actuarial Present Value
of Projected Benefits 567,931$ 437,508$
Entry Age Normal Actuarial Accrued Liability 477,334$ 317,952$
Calculations as of January 1, 2019
July 2, 2001
Entry Date
April 21, 2007
Entry Date
Net Employer‐Provided Actuarial Present Value
of Projected Benefits 571,364$ 440,153$
Entry Age Normal Actuarial Accrued Liability 480,219$ 319,874$
Mr. Rick Rivera November 12, 2018 Page 2
The Net Employer‐Provided Present Value of Projected Benefits shown above represents the value in today’s dollars of the projected benefits that the Plan would pay to Ms. Gonzalez if all of the actuarial assumptions are met each year, net of the member contributions that Ms. Gonzalez is expected to pay in the future. This amount reflects service accrued to‐date as well as projected future service. The Entry Age Normal Actuarial Accrued Liability represents the portion of the Present Value of Projected Benefits accrued to‐date based on service earned through November 2, 2018. It is important to note that the liability amounts shown above have not been offset by any member contributions (plus interest, if applicable), that Ms. Gonzalez would have paid if she had been a member of the Plan since the two potential retroactive entry dates. Risks Associated with Measuring the Present Value of Projected Benefits and Accrued Liability
The determination of the present value of projected benefits and accrued liability requires the use of assumptions regarding future economic and demographic experience. Risk measures are intended to aid in the understanding of the effects of future experience differing from the assumptions used in the course of the actuarial valuation. Risk measures may also help with illustrating the potential volatility in the present value of projected benefits and accrued liability that result from the differences between actual experience and the actuarial assumptions. Future actuarial measurements may differ significantly from the current measurements presented in this report due to such factors as the following: actual experience differing from that anticipated by the economic or demographic assumptions; changes in economic or demographic assumptions due to changing conditions; increases or decreases expected as part of the natural operation of the methodology used for these measurements; and changes in Plan provisions or applicable law. The scope of an actuarial valuation does not include an analysis of the potential range of such future measurements. Examples of risk that may reasonably be anticipated to significantly affect the Plan’s future financial condition include:
1. Investment risk – actual investment returns may differ from the either assumed or forecasted returns;
2. Salary risk – actual salaries may differ from expected, resulting in actual future accrued liability differing from expected;
3. Longevity risk – members may live longer or shorter than expected and receive pensions for a
period of time other than assumed;
4. Other demographic risks – members may terminate, retire or become disabled at times or with benefits other than assumed resulting in actual future accrued liability and contributions differing from expected.
Mr. Rick Rivera November 12, 2018 Page 3
The effects of certain trends in experience can generally be anticipated. For example if the investment return is less (or more) than the assumed rate, the cost of the Plan can be expected to increase (or decrease). Likewise if longevity is improving (or worsening), increases (or decreases) in cost can be anticipated. Risk Assessment Risk assessment was outside the scope of this report. Risk assessment may include scenario tests, sensitivity tests, stochastic modeling, stress tests, and a comparison of the present value of accrued benefits at low‐risk discount rates with the actuarial accrued liability. We are prepared to perform such assessment to aid in the decision making process. Required Disclosures This report was prepared at the request of the Board, and is intended for use by the Board and Retirement Plan and those designated or approved by them. This report may be provided to parties other than the Board and Retirement Plan only in its entirety and only with their permission. GRS is not responsible for unauthorized use of this report. The purpose of this report is to describe the present and future liabilities associated with Ms. Gonzalez retroactively joining the Plan on the two dates indicated above. No statement in this report is intended to be interpreted as a recommendation in favor of Ms. Gonzalez retroactively joining the Plan, or in opposition to Ms. Gonzalez retroactively joining the Plan. This report should not be relied on for any purpose other than the purpose described herein. Determinations of financial results associated with the benefits described in this report, for purposes other than those identified herein may be significantly different. The calculations in this report are based upon the data provided for Amada Gonzalez in the Plan Administrator’s October 12, 2018 e‐mails. We did not audit the data. We are not responsible for the accuracy or completeness of the information provided by the Plan Administrator. The calculations are based upon assumptions regarding future events, which may or may not materialize. They are also based on the assumptions, methods, and current and proposed plan described above and the October 1, 2017 Actuarial Valuation Report, except that we have reflected the 7.5% investment return assumption that the Board has previously adopted for the October 1, 2018 actuarial valuation. If you have reason to believe that the assumptions that were used are unreasonable, that the plan provisions are incorrectly described, that important plan provisions relevant to this proposal are not described, or that conditions have changed since the calculations were made, you should contact the author of this report prior to relying on information in this report. This report has been prepared by actuaries who have substantial experience valuing public employee retirement systems. To the best of our knowledge, the information contained in this report is accurate and fairly presents the actuarial position of the Plan as of the valuation date. All calculations have been
Mr. Rick Rivera November 12, 2018 Page 4
made in conformity with generally accepted actuarial principles and practices, and with the Actuarial Standards of Practice issued by the Actuarial Standards Board and with applicable statutes. Melissa R. Moskovitz and Trisha Amrose are members of the American Academy of Actuaries and meet the Qualification Standards of the American Academy of Actuaries to render the actuarial opinions contained herein. The undersigned actuaries are independent of the plan sponsor. This communication shall not be construed to provide tax advice, legal advice or investment advice. Respectfully submitted, Melissa R. Moskovitz, EA, MAAA Trisha Amrose, EA, MAAA Consultant and Actuary Consultant and Actuary
From: Rebar, JohnTo: Rivera, RickCc: Smith, Michael - HR Dir.; Bridges, Sonia; Del Risco, JoseSubject: RE: Alvaro Noel - Informal disabilty hearing applicantDate: Friday, November 30, 2018 3:02:53 PM
Good afternoon Rick. We can make the requested accommodations. Best regards,John
John Rebar, Director
Parks & Recreation Department
1701 Meridian Avenue, Suite 401, Miami Beach, FL 33139Tel: 305-673-7730 / Fax: 786-394-4363/ www.miamibeachfl.gov
We are committed to providing excellent public service and safety to all who live, work and play in our vibrant, tropical, historiccommunity.
From: Rivera, Rick Sent: Friday, November 30, 2018 2:16 PMTo: Rebar, JohnCc: Smith, Michael - HR Dir.; Bridges, Sonia; Del Risco, JoseSubject: Alvaro Noel - Informal disabilty hearing applicantImportance: High Dear John, Parks & Rec. employee Alvaro Noel is in the process of applying for a service connected disabilitywith the Pension office. At the November 13, 2018 MBERP Board meeting an informal disabilityhearing was conducted for Mr. Noel. A letter from the Human Resources Department was producedat this hearing (attached) regarding Mr. Noel’s light duty assignment based on his determinationletter (DWC25). A question arose at the hearing regarding whether in fact Mr. Noel has been, or canbe, accommodated by the parks department based on the restrictions set by his authorized workerscompensation doctor outlined in the DWC25 letter dated July 2, 2018. At your earliest conveniencecan you confirm in writing if there is a position for Mr. Noel that accommodates his restrictions. Please note that his latest DWC25 letter dated 8-7-2018 restricts his load to 10lbs. (from 15lbs). Your assistance with this matter is greatly appreciated. Thank you, RickMIAMIBEACHRick Rivera, Pension AdministratorMIAMI BEACH EMPLOYEES' RETIREMENT PLAN1700 Convention Center Drive
From: Alonso, LucindaTo: Rivera, RickSubject: request for use of Actuary from MBERP boardDate: Wednesday, December 05, 2018 4:07:28 PM
Hi Rick, I would like to request the MBERP boards permission to use the Actuary for a study on howmuch it would cost to transfer 23 employees into City Pension.
♥ Lucy Alonso, CPRPRecreation Program Manager
PARKS & RECREATION DEPARTMENT North Shore Park and Youth Center 501 72nd Street, Miami Beach, FL 33141305-861-3616 ext. 2663 / Fax: [email protected] We are committed to providing excellent public service and safety to all who live, work and play in our vibrant, tropical, historic
community.
From: Alonso, Lucinda Sent: Wednesday, December 05, 2018 10:45 AM To: Cornelio, Badame; Stinson, Alana; McCrae, Stacy; Lara, Eduardo; Dixon, Carla; Voigt, Theresa; Francese, Vincent; Butler, Leslie; Holmes, Lee; Smith, Dwayne; Persaud, Mahendra; Jenkins, Derrick; Monteagudo, Pedro; Gonzalez, Amada; Daniels, Isaah; Hayes, Terrence; Wilcher, Michael; Hughes, Anthony; Osbourne, Carey Cc: Comptis, Jacqueline Subject: Pursuit to migrate from 401K to City Pension Hello, Our names are Lucinda Alonso and Jacqueline Comptis we are both Recreation Program Mangers for the Parks & Recreation Department. We recently met with the Pension Board President to get direction on how to request the City to transfer us from the City’s 401(a) defined contribution plan to the City Pension. In our meeting we found out that there are a total of 23 City employees that did not migrate to the City’s 401(a) defined contribution plan when the opportunity was presented. If you are interested in joining us in our quest for joining the pension please respond to us by Sunday, December 9th. Steps: 1.Come before the pension board to request to use the actuary to conduct a study on how much it would cost to bring in those employees not in the pension. The next regularly scheduled MBERP board meeting will be on Tuesday, December 11th and 10 am in the pension office conference room. 2. After permission is granted form the pension board the actuary will conduct a study to be present to commission. (fee may apply) 3.Request to be added to commission agenda for consideration.
♥ Lucy Alonso, CPRP Recreation Program Manager
PARKS & RECREATION DEPARTMENT North Shore Park and Youth Center 501 72nd Street, Miami Beach, FL 33141 305-861-3616 ext. 2663 / Fax: 786-394-5457 [email protected]
We are committed to providing excellent public service and safety to all who live, work and play in our vibrant, tropical, historic community.
DROP UPDATE DEC 2018 Agenda DROP
Name Department ‐ Title Start date DROP end date
1 ICMA Gladys Dixon Pool Guard II 1/1/2014 12/31/20182 ICMA Mosley, Bobby MSW III 1/1/2014 12/31/20183 ICMA Maria Sanchez Communications Records Custodian 2/1/2014 1/31/2019
4 ICMA Anthony Throupe Parks Supervisor 3/1/2014 2/28/20195 ICMA Barbara Williams Administrative Aide I 4/1/2014 3/31/20196 ICMA/NW Jose Alfonso Water Supervisor 4/1/2014 3/31/2019
7 ICMA Darline Roldan Parking Enforcement Specialist I 4/1/2014 3/31/2019
8 ICMA Debora J. Turner First assistant City Attorney 5/1/2014 4/30/2019
9 ICMA King Choute MSW II 5/1/2014 4/30/2019
10 ICMA/NW Luis Caballero Metered Services Supervisor 6/1/2014 5/31/2019
11 ICMA Nathaniel Frazier Central Services Technician 6/1/2014 5/31/2019
12 ICMA Kathie Brooks Assistant City Manager 7/1/2014 6/30/2019
13 ICMA/NW Donnovan Ireland Central Services Coordinator 8/1/2014 7/31/2019
14 ICMA Edger Rodriguez MSW III 8/1/2014 7/31/2019
15 ICMA Milz, Tommy MSW III 10/1/2014 9/30/2019
16 ICMA Thomas, shirley Buyer 10/1/2014 9/30/2019
17 ICMA Hartnett, Michael System Administrator 10/1/2014 9/30/2019
18 ICMA Babcock, John Police Records Manager 11/1/2014 10/31/2019
19 ICMA Gardner, Larry Maintenance Supervisor 11/1/2014 10/31/2019
20 ICMA Cavanaugh, Daniel Lifeguard II 11/1/2014 10/31/2019
21 ICMA Garcia, Osvaldo Lifeguard I 11/1/2014 10/31/2019
22 ICMA Denham, Charles Info Tech Spec II 1/1/2015 12/31/2019
23 ICMA Chiovaro, Maria Case Worker 2/1/2015 1/31/2020
24 ICMA Dufour, Carmin Tax Auditor 2/1/2015 1/31/2020
25 ICMA White, Marvin MSW I 2/1/2015 1/31/2020
26 ICMA/NW Collado, Jesus Sewer Supervisor 3/1/2015 2/28/2020
27 ICMA Reyes Carbajal MSW I 3/1/2015 2/28/2020
28 ICMA Desmond Norris MSW II 4/1/2015 3/31/2020
29 ICMA Sandra Ortiz Administrative Secretary 4/1/2015 3/31/2020
30 ICMA Lesther Fleuinord MSW III 5/1/2015 4/30/2020
31 ICMA Liliane Morissette MSW I 5/1/2015 4/30/2020
32 ICMA Marie Joacilien MSW II 5/1/2015 4/30/2020
33 ICMA Aspil Dessalines MSW III 6/1/2015 5/31/2020
34 ICMA Willie Jackson Jr. Heavy Equipment Operator I 7/1/2015 6/30/2020
35 ICMA Nestler, Nancy Public Safety Specialist 8/1/2015 7/31/2020
36 ICMA Carlos Da Cruz Office Associate V 9/1/2015 8/31/2020
37 ICMA Bruce Lamberto Engineering Assistant I 9/1/2015 8/31/2020
38 ICMA Poggio, Eduardo Fire Equipment Mechanic 9/1/2015 8/31/2020
39 ICMA Mobley‐Nason, Annette Dispatcher 9/1/2015 8/31/2020
40 ICMA Rebolledo, Rosanna Complaint Operator II 9/1/2015 8/31/2020
41 ICMA Williams, Gwendolyn Public Safety Pay Administrator 10/1/2015 9/30/2020
42 ICMA Rodriguez, Dagoberto Pool Guard I 10/1/2015 9/30/2020
43 ICMA Rodriguez, Pedro Pool Guard I 10/1/2015 9/30/2020
44 ICMA Perez, Mayra Account Clerk III 10/1/2015 9/30/2020
45 ICMA Valdes, Robert Chief Structural Engineer 12/1/2015 11/30/2020
46 ICMA Anderson, Miguel Snr. Building Inspector 12/1/2015 11/30/2020
47 ICMA Brocato, Emilio MSW II 2/1/2016 1/31/2021
48 ICMA Belorme, Junias MSW III 3/1/2016 2/28/2021
49 ICMA Lee, Robert Code Compliance Officer II 3/1/2016 2/28/2021
50 ICMA/NW Stratton, Harry Painter 4/1/2016 3/31/2021
51 ICMA Stewart, Carlton MSW III 4/1/2016 3/31/2021
52 ICMA/NW Cristobal, Lidia Financial Analyst II 5/1/2016 4/30/2021
53 ICMA Avalos, Adrian Chief BLDG Code Compliance Officer 7/1/2016 6/30/2021
54 ICMA Yanes, Saul Building Services Tech 8/1/2016 7/31/2021
55 ICMA Barr, Estelle Administrative Aide I 8/1/2016 7/31/2021
56 ICMA Eduardo Nunez Heavy Equipment Operator I 9/1/2016 8/31/2021
57 ICMA Charles Uthandi Property & Evidence Tech 9/1/2016 8/31/2021
58 ICMA Alberto Copperi MSW III 10/1/2016 9/30/2021
59 ICMA/NW Ofelia Levy Administrative Aide I 10/1/2016 9/30/2021
DROP UPDATE DEC 2018 Agenda DROP
Name Department ‐ Title Start date DROP end date
60 ICMA Melvin Williams MSW III - Sanitation 12/1/2016 11/30/2021
61 ICMA Gerald Coldros Heavy Equipment Operator II - PW 1/1/2017 12/31/2021
62 ICMA Raul Soria Financial Analyst III 1/1/2017 12/31/2021
63 ICMA Hirschhorn, Christina Police Tech Serv. - Admin Aide II 3/1/2017 2/28/2022
64 ICMA Hatfield, Liliam City Clerk - Asst City Clerk 4/1/2017 3/31/2022
65 ICMA/NW Perez, Patricia PSCU - Complaint Operator II 4/1/2017 3/31/2022
66 ICMA Aguila, Raul City Attorney - City Attorney 4/1/2017 3/31/2022
67 ICMA Brown, Lavoris PW - Greenspace Mngmnt - Park Super 5/1/2017 4/30/2022
68 ICMA Garcia, Cayetano Ocean Rescue - Lifeguard I 5/1/2017 4/30/2022
69 ICMA Sonny, Deo PW - Water Pipefitter 5/1/2017 4/30/2022
70 ICMA Tamayo, Orosmon PW - Civil Engineer I 6/1/2017 5/31/2022
71 ICMA Perman, Terry Parks & Rec - MSW III 6/1/2017 5/31/2022
72 ICMA Toussaint, Monier Sanitation - MSW1 6/1/2017 5/31/2022
73 ICMA Butler, Stevy Parks & Rec - MSW I 5/1/2017 4/30/2022
74 ICMA Granados, Dania Police Tech Serv. - Data Entry Clerk 7/1/2017 6/30/2022
75 ICMA Rodriguez, Rosario Building - Permit Clerk I 8/1/2017 7/31/2022
76 ICMA/NW Christian, Jeffery MSW III 9/1/2017 8/31/2022
77 ICMA Diaz, Juan Planning - Planning&Zoning inspector 10/1/2017 9/30/2022
78 ICMA Nunez, Daniel Property & Evidence Tech I 10/1/2017 9/30/2022
79 ICMA Ramirez, Haydee Administrative Aide I - Sanitation 10/1/2017 9/30/2022
80 ICMA Hart, Debora Office Assoc. V PW engineering 11/1/2017 10/31/2022
81 ICMA Christopher Marshall Mechanic III 12/1/2017 11/30/2022
82 ICMA Noborikawa, Jose Electrician - Public Works Sewer 1/1/2018 12/31/2022
83 NW Balbachan, Par I.T. Specialist II - I.T. 3/1/2018 2/28/2023
84 ICMA Hoanshelt, Judy Grants Manager Division Director 3/1/2018 2/28/2023
85 NW Morales, Yamilex CAO Paralegal CAO 4/1/2018 3/31/2023
86 NW Brown, Denise Police Records Supervisor - Police Tech 3/1/2018 2/28/2023
87 NW Randi MacBride Office Assoc. V Code Compliance 2/1/2018 1/31/2023
88 NW Sandra Meyer Office Assoc. V Building dept. 4/1/2018 3/31/2023
89 NW *Martinez, Candelario Chief Electrical Inspector - Bldg dept 6/1/2018 5/31/2023
90 NW *Guerrier, Arielle Police Records Technician - Police dept 6/1/2018 5/31/2023
91 NW *Martell, James Painter - Parking 7/1/2018 6/30/2023
92 NW Frances, Saul Parking Director - Parking Dept. 8/1/2018 7/31/2023
93 NW Franco-Rubines, Laura Assistant Parking Director - Parking Dept 8/1/2018 7/31/2023
94 NW Moreira, Gilbert MSW II, Parking On-Street 8/1/2018 7/31/2023
95 NW Andre, Marie-France I.T. Specialist II - I.T. 8/1/2018 7/31/2023
96 ICMA Izquierdo, Jose Carpenter - Public Works Property Mngmnt 9/1/2018 8/31/2023
97 ICMA Hernandez, Jorge Code Compliance Officer II 9/1/2018 8/31/2023
98 NW Fojon, Elizabeth Property & Evidence Technician 9/1/2018 8/31/2023
99 NW Roberson-Bishop, Minnie Police Records Technician - Police dept 9/1/2018 8/31/2023
100 ICMA Desamours, Lucien MSW I 8/1/2018 7/31/2023
101 ICMA De Olazarra, Andrew Lifeguard II 10/1/2018 9/30/2023
102 NW Reeder, Patricia Executive Office Associate II 8/1/2018 7/31/2023
103 NW *Iglesias, Juan Mason, Public Works Streets 10/1/2018 9/30/2023
104 NW *Zapata, Alvaro Electrician - Public Works Water 10/1/2018 9/30/2023
105 NW *Correa, Nelida Office Associate III, Parking Administration 10/1/2018 9/30/2023
* New DROP MembersDROP Exits Exit Date
ICMA Roque, Aracelio Pumping Mechanic
ICMA Davila, Jimmy Senior Systems Analyst
ICMA/NW Concepcion Jr., Sergio Information Tech Specialist II
ICMA Joan, Martha Account Clerk III
ICMA Derek Knight Recreation Attendant
Upcoming Events
Sunday, February 3, 2019
Winter Trustee School 2/3/2019 » 2/6/2019 Location: Orlando, Florida
Export to Your Calendar
Sunday, March 31, 2019
19th Annual Wall Street Program 3/31/2019 » 4/6/2019 Location: New York, New York
Export to Your Calendar
Sunday, June 30, 2019
FPPTA 35th Annual Conference 6/30/2019 » 7/3/2019 Location: Orlando, Florida
Export to Your Calendar
Sunday, October 6, 2019
Fall Trustee School 10/6/2019 » 10/9/2019 Location: Ponte Vedra Beach, Florida
Export to Your Calendar
National Conference on Public Employee Retirement Systems The Voice for Public Pensions 2019 Legislative Conference January 27 – 29, 2019 Capital Hilton Washington, DC Trustee Educational Seminar (TEDS) May 18 – 19, 2019 Hilton Austin Austin, TX NCPERS Accredited Fiduciary Program (Modules 1&2 and 3&4) May 18 – 19, 2019 Hilton Austin Austin, TX Annual Conference & Exhibition May 19 – 22, 2019 Hilton Austin Austin, TX
Chief Officers Summit June 13 – 14, 2019 Chicago, IL Public Safety Conference October 27 – 30, 2019 New Orleans, LA Public Pension Funding Forum September 11 – 13, 2019 New York, NY