General Employee Retirement Committee Regular Meeting

City of Port Orange – City Hall

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

 Tuesday, May 27, 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.               Participant/Public Participation:



III.           Approval of Minutes:

a.       April 28, 2014 Regular Meeting



IV.         Unfinished Business:

a.       Revised Retirement Plan Administrative Rules Governing Public Participation                 



V.             Financials:

a.       April  2014 Dave Leonard

b.      Southeastern Advisory – Jeff Swanson



VI.         New Business:

a.       Discussion of Internal Controls

b.      Retirement Payment for Gloria & Frank Fuhrman’ Dissolution of Marriage for Approval



VII.     Consent Agenda

                    For Approval:

                      Warrant #91

                      Benefits USA, Inc. (Admin Fees 05/2014; INV #POG064)                           $    2,500.00

                    David G. Leonard, ASA (Actuarial Services: INV #14-012)                             $    2,650.00



VIII.    Distributions:

             Mandatory Plan

              For Approval:

                        Robert Pate                          Total Withdrawal                                               $       912.97


IX.         Reports:

a.       Attorney

b.      Comments from Committee Members

c.       Administrator

d.      Correspondence



X.               Next Meeting Date:  

June 23, 2014 Quarterly 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.