Municipal Employees' Retirement System Board of Trustees public meetings in 2024
8 substantive meetings from 2024, 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 review financial audits and actuarial reports for the 2023-2024 fiscal year. The body is also deciding on the appointment of Mayor Jan-Scott Richard and the admission of the Town of Port Barre to Plan B.
- Appointment of Mayor Jan-Scott Richard to Elected Official Vacancy term ending 8/2026
- 2023-2024 Fiscal Year Audit Report presented by Hawthorn, Waymouth & Carroll
- Employer Agreement for the Town of Port Barre to join Plan B
- Review and action on the Investment Policy Statement
- 2023-2024 Fiscal Year Actuarial Report presented by Curran Actuarial Consulting
Municipal Employees' Retirement System Board of Trustees
The MERS Board of Trustees will vote on an international equity mandate, approve retirements for September and October 2024, and elect a new chair and vice chair following Mayor Rich Dupree's resignation. The board will also consider a retroactive payment request for a disability retiree and an employer agreement for the Town of Port Barre to join Plan B.
- Consideration of International Equity Mandate (Action Item)
- Approval of Retirements for September and October 2024
- Consideration of a Request from a Disability Retiree for a Retroactive Payment
- Consideration of an Employer Agreement for the Town of Port Barre seeking to Join Plan B
- Election of Chair and Vice Chair
Municipal Employees' Retirement System Board of Trustees
The Municipal Employees' Retirement System of Louisiana Board of Trustees is holding a special meeting. The board will swear in Phyllis McGraw and elect a Chair and Vice Chair.
- Swearing in of Phyllis McGraw
- Election of Chair and Vice Chair
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees will certify election results for elected official and non-elected official seats, then swear in Mayor Julius Alsandor and Phyllis McGraw. Trustees will also consider an international equity mandate and a potential private equity commitment to Constitution Capital, and elect a chair and vice chair for the coming term.
- Certification of election results: Mayor Julius Alsandor (247 votes) and Phyllis McGraw (254 votes) elected
- Consideration of International Equity Mandate (action item)
- Consideration of a potential Private Equity Commitment to Constitution Capital (action item)
- Election of Chair and Vice Chair (action item)
- Approval of retirements for July and August 2024 (action item)
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees will vote on adopting the 2024-2025 budget, approve retirements for June 2024, and consider an employer agreement for the Town of Independence to switch retirement plans. They will also receive investment performance reports and an actuarial experience study. A letter from the State Treasurer urging opposition to Exxon's board is on the agenda, though MERS does not directly hold Exxon shares.
- Certification of election results: Mayor Scot Rhodes unopposed for 5-year term; candidates for 4-year and 6-year terms
- Approval of retirements for June 2024 (list provided to board)
- Adoption of the 2024-2025 budget (Action Item)
- Approval of blueSpark Data Managed Service Provider Agreement
- Consideration of employer agreement for Town of Independence to switch from Plan B to Plan A, effective July 1, 2024
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees will review April 2024 retirements and the proposed budget for the 2024-2025 fiscal year. The meeting includes discussions on investment updates, audit engagements, and staff salary increases.
- Approval of April 2024 retirements
- Proposed 2024-2025 Fiscal Year Budget presentation
- Engagement of Hawthorn, Waymouth & Carroll for financial audits
- Adoption of system survey and compliance questionnaire resolution
- Staff cost of living, merit increases, and Executive Director salary increase
Municipal Employees' Retirement System Board of Trustees
The Municipal Employees' Retirement System Board of Trustees will consider several action items including a potential allocation to Bernhard Capital Partners Fund III, adoption of a revised investment policy, and an employer agreement for the Village of Tangipahoa. The board will also hold a trustee election and consider a resolution for Mayor Barney Arceneaux. An executive session is scheduled for pending litigation.
- Potential allocation to Bernhard Capital Partners Fund III (Action Item)
- Adoption of Revised Investment Policy Statement (Action Item)
- Consideration of employer agreement for Village of Tangipahoa to join Plan B (Action Item)
- Trustee election: terms expiring for Phyllis McGraw and Barney Arceneaux; election timeline approval (Action Item)
- Contract renewal for Curran Actuarial Consulting, LTD (Action Item)
Municipal Employees' Retirement System Board of Trustees
The Board of Trustees will consider and vote on employer contribution rates for the fiscal year starting July 1, 2024. Other action items include approving retirements, a proposal to expedite the Gainesville sale at a new price, and reviewing the investment policy statement. The board will also discuss litigation in executive session and refer late-paying employers to the Treasurer's Office.
- Consideration of proposal to expedite Gainesville sale at a new price (Action Item)
- Approval of retirements for November 2023, January, February, and March 2024
- Setting employer contribution rates for FY 2024-2025 (Action Item)
- Referral of employers with late contributions to the Treasurer's Office (Action Item)
- Executive session on four pending lawsuits involving the retirement system