Federated City Employees' Retirement Board Meeting
The board convened for a meeting that included a closed session regarding anticipated litigation, with no reportable actions taken. Key agenda items included changing the order of business, a public comment session regarding the upcoming retiree health fair, and the approval of the consent calendar. A moment of silence was observed for deceased city employees. The board discussed and deliberated on the required number of trustees needed to carry a motion during meetings where only a minimum quorum is present, ultimately deciding to refer the matter to the governance committee for further evaluation.
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Federated City Employees' Retirement System and Federated City Employees' Health Care Trust Board of Administration Meeting Agenda
The Board of Administration meeting agenda covers various operational and investment topics. These include discussions and actions on labor negotiations, litigation, and committee assignments. Investment-related agenda items involve performance reports for private equity and markets, strategic asset allocation, and benchmarking. The board will also address administrative items, such as merit increases for the CEO, board governance policies, AI governance, and the adoption of updated City Policy Manual sections. Additionally, the agenda lists death and survivorship notifications, retirement approvals, and reports from various standing committees.
Sep 16, 2026·Board meeting agenda
Police & Fire Department Retirement Plan and Health Care Trust Board of Administration Meeting Agenda
The meeting focused on labor negotiations, service-connected disability retirement approvals, and comprehensive investment performance reviews for private equity and market assets. The Board addressed strategic asset allocation, benchmarking updates, and the annual investment fee report. Additional items included administrative and personnel actions such as merit increases for the CEO and CIO, Board officer nominations, AI governance policy adoption, and receiving status updates from standing committees, including Audit, Governance, and Personnel.
Jun 18, 2026·Board meeting
Federated City Employees' Retirement Plan Board Board Meeting
The Board discussed public comments regarding the use of artificial intelligence and updates to the member portal. The Chief Investment Officer provided an oral update on the retirement plan's performance, noting strong fiscal year-to-date returns for both the pension and healthcare trust. The Board reviewed the timeline for an upcoming asset liability study and strategic asset allocation process. Additionally, the Board received an update on the public equity portfolio, specifically regarding manager terminations due to persistent underperformance and strategy shifts to align with long-term objectives.