Municipal Employees' Retirement System Board of Trustees public meetings in 2023
9 substantive meetings from 2023, with official agendas or minutes and plain-English summaries.
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees of the Municipal Employees' Retirement System of Louisiana will meet on December 14, 2023, to consider several action items including approval of the June 30, 2023 audit report, the actuarial report for the 2022-2023 fiscal year, and retirements since the last meeting. They will also receive presentations on cash flow, investment performance, and fee benchmarking, and consider a policy for remote access for disabled members and their caregivers.
- Approval of June 30, 2023 Audit Report for 2022-2023 Fiscal Year by Hawthorn, Waymouth & Carroll
- Approval of June 30, 2023 Actuarial Report for 2022-2023 Fiscal Year by Curran Actuarial
- Consideration of a policy to allow remote access to meetings for the disabled and their caregivers
- Employers with late contributions to be referred to the Treasurer's Office; Town of Homer paid before deadline
- Executive session on four pending lawsuits involving Lafayette City-Parish and East Baton Rouge Parish
Municipal Employees' Retirement System Board of Trustees
The Municipal Employees' Retirement System Board of Trustees will meet to approve minutes and retirements, review investment and budget reports, and take action on several items. Key decisions include revisions to the board charter, referral of late-paying employers to the Treasurer's Office, and discussion of possible 2024 legislation. The board will also consider reinstatement of a disability benefit and hear litigation updates.
- Approval of retirements since last meeting (action item)
- Consideration of revisions to Board Charter: changes to officer election timing, employer agreement restrictions, provider approval, and LAPERS expense protocols (action item)
- Employers with late contributions to be referred to Treasurer's Office (action item)
- 2024 possible legislation (action item)
- Reinstatement of a disability benefit (action item)
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees of the Municipal Employees' Retirement System of Louisiana will meet to take action on several items, including approving retirements since the last meeting, amending the June 30 budget, and considering a motion to allow conversion of leave for retiring employees. The board will also consider maintaining the current valuation interest rate of 6.85% and discuss litigation in executive session.
- Approval of retirements since last regular meeting (action item)
- Amend June 30, 2023 budget (action item)
- Consideration of motion to allow conversion of leave for retiring employees under R.S. 11:1755E
- Consideration of maintaining current valuation interest rate of 6.85%
- Executive session on four litigation cases, including Lafayette City-Parish v. MERS
Municipal Employees' Retirement System Board of Trustees
The Municipal Employees' Retirement System Board of Trustees will vote on retirements, policy changes, and officer elections. They will also review investment and budget reports, consider a disability retiree retroactive benefit request, and discuss rulemaking on electronic meeting access.
- Approval of retirements since last regular meeting (action item)
- Consideration of disability retiree request for retroactive benefit payment (action item)
- Election of Chair and Vice Chair (action item)
- Consideration of changes to Contracting Policy, repeal of List of Fees, and repeal of Identification Documents Policy (action item)
- Approval of expenditure with ProAudio Contractors for board room audio visual equipment (action item)
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees will review investment policy, cash flow reports, and the upcoming operating budget for July 1, 2023, through June 30, 2024. The meeting includes discussions on retirement approvals, employer contribution issues, and contract renewals.
- Review of Investment Policy Statement
- Presentation of the July 1, 2023 – June 30, 2024, Operating Budget
- Letter from the Town of Haynesville concerning employee contribution refunds
- Renewal of the Self-Directed DROP Program contract with Empower Retirement
- Referral of employers with late contributions to the Treasurer’s Office
Municipal Employees' Retirement System Board of Trustees
The Municipal Employees' Retirement System Board of Trustees will meet to approve several action items, including an audit contract, a compliance questionnaire, and renewals of investment and actuarial contracts. The board will also discuss legislative resolutions and enter executive session for pending litigation.
- Discussion and approval of audit engagement with Hawthorn, Waymouth & Carroll for FY2023
- Adoption of system survey and compliance questionnaire resolution required by Legislative Auditor
- Renewal of Self Directed DROP Program contract with Empower Retirement
- Approval of Curran Actuarial Consulting contract for FY2024
- Approval of Meketa Investment Group contract for FY2024
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees will vote on approving retirements, a letter from Haynesville about a MERS refund for supplemental pay, and a timeline for electing a trustee to replace Mayor Arceneaux. They will also hear investment and financial reports and discuss litigation in executive session.
- Consideration of a letter from the Town of Haynesville concerning a refund issued by MERS for employee contributions on supplemental pay (Action Item)
- Trustee election timeline for Mayor Barney Arceneaux's expiring term (Action Item)
- Approval of retirements since the last regular meeting (Action Item)
- Employers with late contributions to be referred to the Treasurer's Office (Action Item)
- Executive session on four litigation cases, including Lafayette City-Parish v. MERS
Municipal Employees' Retirement System Board of Trustees
The Board will vote on employer contribution rates for the fiscal year starting July 1, 2023, and consider staff cost-of-living and merit increases. It will also approve retirements, late employer referrals, and a legal contract with Baker Donelson. Investment and budget reports will be presented for review.
- Discussion to set employer rates for FY 2023-2024 (Action Item)
- Staff cost-of-living increase, merit increase pool, and executive director salary increase (Action Items)
- Approval of a contract for legal services with Baker Donelson
- Employers with late contributions to be referred to Treasurer's Office (Action Item)
- Executive session on Lafayette Consolidated Government withdrawal liability and three litigation cases
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees of the Municipal Employees' Retirement System of Louisiana will meet on January 26, 2023, at 7937 Office Park Boulevard, Baton Rouge. Action items include approval of minutes, retirements, a proposed charter for the executive director, referral of late-contributing employers to the Treasurer's Office, and annual appointment of personnel committee members. The board will also hear investment and CFO reports, and enter executive session to discuss Lafayette Consolidated Government withdrawal liability and a lawsuit involving the Recreation and Park Commission for East Baton Rouge Parish.
- Consideration of a proposed charter for the Executive Director (Action Item)
- Employers with late contributions to be referred to the Treasurer's Office (Action Item)
- Annual appointment of Personnel Committee members and chair (Action Item)
- Executive session: Lafayette Consolidated Government withdrawal liability
- Executive session: Recreation and Park Commission for East Baton Rouge Parish v. Sid S. Gautreaux, III