Municipal Employees' Retirement System Board of Trustees public meetings in 2021
10 substantive meetings from 2021, with official agendas or minutes and plain-English summaries.
Municipal Employees' Retirement System Board of Trustees
This is a notice for the regularly scheduled meeting of the Board of Trustees. The document contains only procedural information regarding the meeting date and location.
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees will meet to certify election results, approve recent retirements, and elect a Chairman and Vice-Chairman for the 2021-2022 year. The agenda also includes reviews of cash flow reports, investment updates, and personnel organizational changes.
- Certification of Trustee Election Results
- Election of the Chairman and Vice-Chairman for 2021-2022 Year
- Approval of retirements since the last regular meeting
- Review of cash flow reports as of August and September 2021
- Selection of new vendor for Information Technology Managed Services
Municipal Employees' Retirement System Board of Trustees
The Municipal Employees' Retirement System Board of Trustees will meet to review investment reports and personnel updates. The board is deciding on budget amendments, retirement approvals, and a plan switch for the Town of Slaughter.
- Approval for Town of Slaughter to switch from Plan A to Plan B effective July 19, 2021
- Amendment of the June 30, 2021 Budget
- Action on waiting period for Retirees Returning to Work
- Update on LA Fund II
- Update on Gainesville Vision LLC
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees of the Municipal Employees' Retirement System of Louisiana will meet to approve retirements, discuss investment reports, and vote on key financial policies including the actuarial option factors and the assumed rate of return. The meeting also includes adoption of board and personnel committee charters, and an executive session on pending litigation.
- Approval of retirements since the last regular meeting
- Discussion and adoption of the Actuarial Option Factors
- Discussion and adoption of the Assumed Rate of Return
- Adoption of Board charter
- Executive session on Jinnie Wilson vs Municipal Employees' Retirement System of Louisiana
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees will discuss and adopt the Assumed Rate of Return, adopt an Investment Policy Statement, and approve the proposed July 1, 2021–June 30, 2022 operating budget. They will also receive an update on Fletcher litigation and review first drafts of the Board and Personnel Committee charters.
- Discussion and adoption of the Assumed Rate of Return
- Adoption of Investment Policy Statement
- Presentation of proposed July 1, 2021–June 30, 2022 Operating Budget
- Update on Fletcher litigation
- Review of first draft of Board charter and Personnel Committee charter
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees of the Municipal Employees' Retirement System of Louisiana is meeting to review investment performance and the proposed operating budget for July 1, 2021, through June 30, 2022. The body will also consider the engagement of an auditing firm and the adoption of a required compliance questionnaire.
- Proposed July 1, 2021 – June 30, 2022 Operating Budget
- Engagement of Hawthorne, Waymouth & Carroll for financial statement and GASB 67 & 68 audit
- Adoption of system survey and compliance questionnaire for the Legislative Auditor’s Office
- Executive session regarding Jinnie Wilson vs Municipal Employees’ Retirement System of Louisiana
- First drafts of Board and Personnel Committee charters
Municipal Employees' Retirement System Board of Trustees
The Municipal Employees' Retirement System Board of Trustees is meeting to review financial reports and approve retirements. The board will consider a contract for G.S. Curran Actuarial for Fiscal Year 6-30-22 and a proposal to sell the system's interest in Louisiana Fund II.
- Approval of G.S. Curran Actuarial Contract for Fiscal Year 6-30-22
- Consideration of an offer to purchase the interest of MERS in Louisiana Fund II
- Discussion and possible action to amend calculation fees
- Election timeline for the retired member seat currently held by Susan Percle
- Executive session regarding litigation involving Jinnie Wilson, Jerrie H. Rainey, and Michael G. Sigur
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees will review retirement approvals, investment reports, and budget planning. The meeting includes discussions on various internal policies and updates regarding membership status for specific municipalities.
- Approval of retirements since the last regular meeting
- Cash flow and performance report presentations as of February 28, 2021
- 2022 Budget Planning
- Discussion on policies including Corporate Credit Card, Travel, and Ethics
- Adoption of Resolution to Empower Chief Financial Officer
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees for the Municipal Employees' Retirement System will meet via Zoom to approve recent retirements and a resolution for a new Executive Director. The meeting includes presentations on cash flow, investment performance, and budget updates.
- Approval of retirements since the last regular meeting
- Adoption of Resolution to Empower New Executive Director
- Presentation of cash flow and Meketa’s Performance Report as of January 31, 2021
- Resolution for Webster Parish Sales & Use Tax Commission to join Plan A effective January 1, 2021
- Executive session regarding litigation: Municipal Employees’ Retirement System versus Jerrie H. Rainey
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees of the Municipal Employees' Retirement System of Louisiana will meet via Zoom to approve retirements, discuss investments including a Gainesville Vision LLC recommendation, review the PRSAC's actuarial recommendation and contribution rates, and consider a disability retiree request and a vested retiree request for retroactive benefits. The meeting also includes an executive session to discuss a published opinion in a lawsuit.
- Approval of retirements since the last regular meeting
- Gainesville Vision LLC recommendation by Gainesville Subcommittee member Christopher Saik
- Presentation of cash flow report and Meketa's Performance Report as of December 31, 2020
- Review of PRSAC's Actuarial recommendation and discussion of contribution rates
- Request by Disability Retiree and Vested Retiree request for retroactive benefits