Firefighters' Retirement System Board of Trustees public meetings in 2025
12 substantive meetings from 2025, with official agendas or minutes and plain-English summaries.
Firefighters' Retirement System Board of Trustees
The Firefighters' Retirement System Board of Trustees will discuss the actuarial funding valuation as of June 30, 2025, and the annual valuation rate. The board will also review draft audited annual financial statements and proposed amendments to the 2024-2025 operating budget.
- Review and adoption of new members, retirees, survivor applicants, and disability conversions
- Discussion of the DRAFT 2024-25 Audited Annual Financial Statement
- Action on amendments to the 2024-2025 FRS operating budget
- Review of US SMID Cap Equity Search update and candidate profiles
- Discussion and action regarding upcoming legislation
Firefighters' Retirement System Board of Trustees
The Firefighters' Retirement System Board of Trustees will discuss and act on new member and retiree applications, monthly investment performance for October 2025, and a US SMID Cap Equity search update. The board will also receive an educational presentation on system rules and review a budget-to-actual comparison for the first quarter of fiscal year 2025-2026.
- Review and adoption of new members, new retirees, and survivor applicants
- Discussion and action on FRS monthly investment performance results for October 2025
- Discussion and action on US SMID Cap Equity search update and candidate screening summary
- Educational presentation by attorney Laura Gail Sullivan on system rules, regulations, and laws
- Discussion and action on FRS Budget to Actual Comparison for 07/01/25 to 09/30/25
Firefighters' Retirement System Board of Trustees
The Firefighters' Retirement System Board of Trustees will meet to approve minutes, review new members and retirees, discuss personnel matters including hiring an attorney, and consider the proposed 2026 Experience Study. The board may enter executive session for privileged communications.
- Review and adoption of new members, retirees, survivor applicants, and disability conversions
- Discussion and action on personnel committee report, including hiring an attorney and personnel complaints
- Monthly investment performance results for September 2025
- Discussion and action regarding proposed 2026 Experience Study (actuarial concepts)
- Discussion and action on contribution corrections
Firefighters' Retirement System Board of Trustees
The Firefighters' Retirement System Board of Trustees will meet to discuss and potentially act on several items, including the adoption of new members and retirees, an investment committee presentation on indexing, monthly investment performance results for August 2025, and a lawsuit (Broyles v. Cantor Fitzgerald & Co., Case No. 10-854). The board may also enter executive session for legal strategy discussions.
- Review and adoption of new members, retirees, and survivor applicants
- Educational presentation by Northern Trust Asset Management on indexing
- Monthly investment performance results for August 2025
- Discussion and action regarding lawsuit Broyles v. Cantor Fitzgerald & Co., Case No. 10-854
- Discussion of Louisiana Compliance Questionnaire for fiscal year 2024-2025 audit
Firefighters' Retirement System Board of Trustees
The Firefighters' Retirement System Board of Trustees will discuss and vote on monthly investment performance for July 2025, a request for proposals for a US Small Mid Cap Equity Strategy Manager, and global equity active risk budgeting. The board will also consider updates to investment policy on custody bank cash and board policies on procurement and sexual harassment. Preliminary financial statements for the fiscal year ending June 30, 2025, and a budget-to-actual comparison are up for review.
- Discussion and action on FRS monthly investment performance results for July 2025
- Discussion and action on RFP for a US Small Mid Cap Equity Strategy Manager
- Discussion and action on Global Equity Active Risk Budgeting
- Discussion and action on Investment Policy relating to Custody Bank Cash
- Review of FRS Preliminary Statement of Changes in Fiduciary Net Position for FY ending 6/30/2025
Firefighters' Retirement System Board of Trustees
The Firefighters' Retirement System Board of Trustees will interview and possibly select a general investment consultant from three finalists: Aon Investments USA Inc., Meketa Investment Group, and NEPC LLC. The board will also review and adopt new members, retirees, and survivor applicants, discuss monthly investment performance for June 2025, consider a change to the Invesco Developing Markets Fund, and act on an amended merger amortization for the City of Kenner. An actuarial education session on partial dissolutions is scheduled.
- Interview and action on General Investment Consulting RFP with three firms (Aon, Meketa, NEPC)
- Review and adoption of new members, retirees, survivor applicants, and disability conversions
- Discussion and action on FRS monthly investment performance for June 2025
- Discussion and action on organizational change for Invesco Developing Markets Fund
- Discussion and action on amended merger amortization for City of Kenner
Firefighters' Retirement System Board of Trustees
The Firefighters' Retirement System Board of Trustees will meet to discuss and act on several financial and administrative items. Key actions include adopting new members and retirees, approving the FRS operating budget for fiscal year 2025-26, and reviewing third-quarter financial statements. The board will also receive an educational presentation on fiduciary duty and discuss legislation that may affect the system.
- Adoption of new members, retirees, survivor applications, and related administrative items
- Discussion and action on FRS Operating Budget for FY 2025-26
- Review of Preliminary Statement of Changes in Fiduciary Net Position for third quarter FY 2024-2025
- Discussion of monthly investment performance and RFP for an Investment Consultant
- Update on 2025 regular legislative session bills that may impact FRS
Firefighters' Retirement System Board of Trustees
The Board of Trustees will discuss investment performance, asset allocation rebalancing, and the Investment Policy Statement. The board is also reviewing the FYE 2025-2026 operating budget and the third quarter Budget to Actual Comparison for FYE 2024-2025.
- Review and adoption of new members, retirees, survivor applications, and disability applications
- Discussion of the revised 2024 Full and Partial Dissolutions of Employers Report
- Review of FRS Operating Budget for FYE 2025-2026
- Update on 2025 regular legislative session items impacting FRS
- Review of third quarter FYE 2024-2025 Budget to Actual Comparison
Firefighters' Retirement System Board of Trustees
The Firefighters' Retirement System Board of Trustees will discuss and take action on the monthly investment performance results for March 2025 and the 2025 Asset Allocation update. The board will also consider an update on the Investment Consultant Request for Proposal and a timeline for the Retiree Representative Trustee election runoff. Additionally, they will review new member, retiree, and survivor applicants.
- Discussion and action regarding the 2025 Asset Allocation update (p. 23)
- Discussion and action on FRS monthly investment performance results for March 2025
- Discussion and action on Investment Consultant Request for Proposal (RFP) update
- Discussion and action on timeline for Retiree Representative Trustee election runoff
- Review and adoption of new members, new retirees, and survivor applicants
Firefighters' Retirement System Board of Trustees
The Firefighters' Retirement System Board of Trustees will meet March 12-13 to act on the employer contribution rate for the next fiscal year, review investment manager finalists for a Global Equity RFP, and discuss pending litigation. The board will also consider new members, retirees, and a legislative agenda for the 2025 regular session.
- Action on employer contribution rate for upcoming fiscal year (p.219)
- Interviews and selection of finalists for Global Equity RFP: Schroder, Walter Scott, Wellington (p.29, 71, 101)
- Discussion of lawsuit: FRS v. Joseph R. Greco, Jr. et al. (Case No. C641387)
- Review of new members, retirees, and survivor applicants (p.181, 185, 191)
- Legislation to be introduced in 2025 regular session that may impact FRS (p.237, 241, 247, 257, 263)
Firefighters' Retirement System Board of Trustees
The Firefighters' Retirement System Board of Trustees will meet to approve minutes, consider legal items, adopt new members and retirees, and discuss investment performance, a consultant RFP, and legislative impacts. No disability applications are pending.
- Adoption of new members, retirees, and survivor applicants (no disability items)
- Investment Committee report: January 2025 performance results, 2025 asset class update, and RFP for investment consultant
- Legislative Committee report on bills affecting the system in the 2025 regular session
- Budget-to-actual comparison for second quarter of FY 2024-2025
- Update on retiree representative election and PTG pension software implementation
Firefighters' Retirement System Board of Trustees
The FRS Board of Trustees will elect officers, swear in a new trustee, and vote on the appointment of a new Chief Financial Officer. They will also discuss finalist recommendations from a global equity manager search and review proposed changes to employee leave and hard-drive review policies. The board will consider legislation that may affect FRS in the upcoming 2025 regular legislative session.
- Appointment of new FRS Chief Financial Officer (Item 9)
- Global equity manager search report and finalist recommendations (Item 11)
- Board Policy No. 09281983(B) – Employee Annual and Sick Leave Policy (Item 10)
- Board Policy No. 02102022-B – Hard Drive Review (Item 10)
- Legislation to be introduced in the 2025 regular legislative session that may impact FRS (Item 12)