Sep 10, 2026Board meeting
Retirement Board of Trustees Approved Minutes
The board conducted an annuity option appeal hearing, which resulted in a denial of the appeal. Updates were provided regarding pension administration and the annual services and investment fee report, both of which were approved. The board authorized the implementation of an online active participant portal and discussed quarterly investment performance across various plans, leading to decisions to replace or monitor specific investment managers. Additionally, the board authorized contract negotiations for financial and investment consulting services, appointed a representative to an RFP evaluation committee for actuarial services, adopted new rules of procedure, and approved the scope and cost for fiduciary training.