General Employee Retirement Committee Regular Meeting

City of Port Orange – City Hall

1000 City Center Circle, 2nd Floor – 2nd Floor Training Room

 Monday, April 28, 2014 @ 10:00 a.m.



I.                  Call to Order:

Chair Donna Steinebach                          Vice-Chair Sonya Laney     Wayne Saunders                    

Council Member Drew Bastian                Kent Donahue                       Linda Johnson

One Vacancy on the Board                  


II.               Approval of Minutes:

a.       March 24, 2014 Meeting


III.           Participant/Public Participation


IV.         Unfinished Business:


V.             Financials:

a.       March  2014 Dave Leonard

b.      ICMA 12-31-2013 Report & Ordinance 2011-37


VI.         New Business:

a.       Retirement Plan Administrative Rules Governing Public Participation


VII.     Consent Agenda

                    For Approval:

                      Warrant #90

Benefits USA, Inc. (Admin Fees 03/2014; INV #POG063)                   $    2,507.19

Southeastern Advisory (Investment Consulting Services: INV #1401)$    4,714.00

                        ICC Capital Management (2nd Qtr ’14 Mgmt Fees; INV #57533657)  $  18,221.66

                        Integrity Fix Income Management (1st Qtr ’14 Mgmt Fees; INV #1795)$   2,281.26


VIII.    Distributions:

             Mandatory Plan

              For Approval:

                    Jeremy Lagi                           Total Withdrawal                                              $  10,474.13

                      Barbara Sims                       Total Withdrawal                                              $         88.13


IX.         Reports:

a.    Attorney

b.    Comments from Committee Members

c.    Administrator

d.    Correspondence



X.               Next Meeting Date:  

May 27, 2014 Regular Meeting


XI.      Adjournment



Any person who desires to appeal any decision made by the General Employee Retirement Committee will need a record of the proceedings, and for such purpose he or she may need to ensure at his or her own expense for the taking and preparation of a verbatim record of all testimony and evidence of the proceedings upon which the appeal is based.


NOTE:  If you are a person with a disability who needs any accommodation in order to participate in this proceeding, you are entitled, at no cost to you, to the provision of certain assistance.  Please contact the City Clerk for the City of Port Orange, 1000 City Center Circle, Port Orange, Florida 32129, Telephone Number (386) 506-5563, within (2) two working days of your receipt of this notice or (5) five days prior to the meeting date; If you are hearing or voice impaired, contact the relay operator at 1-800-955-8771.