HomeMy WebLinkAboutAgenda - Pension Advisory Committee - 12/17/2012 south
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Pension Advisory Committee (PAC)
City Hall,575 Dorset Street—2nd floor Conference Room
Monday,December 17,2012, 1:00-2:15 p.m.
Agenda
1) Confirm That Bob Rusten Will Take Minutes and If There Are Any Changes To Agenda.
2) Hear any Comments from the Public Not Related To an Agenda Item.
3) Hear Representatives of Peoples United Bank, Retirement Services Review of Their Actuarial Valuation
Report as of July 1, 2012 (report to be sent to PAC members).
Discussion: Listen to review and ask any clarification questions. No action needed.
4) Hear Representatives of Prudential Review Their September 30, 2012 Net Performance Report.
Discussion: Listen to Representatives from Prudential give their review. Discuss status of asset allocation.
Determine if there are any recommendations PAC wishes to make to Pension Administrator(City
Manager)regarding changes in asset allocation.
5) Hear Update on Status of Pension Asset Management RFPs.
Discussion: Hear from Bob, Paul and Spencer as to the status of the proposals we have received regarding
asset management and time frames for recommending asset manager.No action needed
6) Approve Minutes of Previous Meeting.
7) Next scheduled meeting.
8) Adjourn.
Respectfully Submitted:
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Bob Rusten, Deputy City Manager
Please note that at the 12/17/12 City Council meeting Peoples, Prudential, and our Auditor will be making
presentations on the Valuation Report, the status of our pension assets and the Fiscal Year 2012 City Financial
Audit.
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