Police and Fire Retirement Board

2. 07/14/20 THIS IS AN OFFICIAL ANNOUNCEMENT THAT THE CITY OF CENTER LINE POLICE AND FIRE RETIREMENT COMMISSION IS CONDUCTING A REGULAR MEETING CITY OF CENTER LINE MUNICIPAL BUILDING 7070 E. TEN MILE RD. CENTER LINE, MI 48015 MEETING WILL BE CONDUCTED VIA CONFERENCE CALL (Instructions below) TUESDAY, JULY 14, 2020 2:30 PM MEETING Page 1 of 3 1. Call to order: 2. Approval of Agenda: 3. Public Comment: 4. Minute(s): A. Approval of the Regular Meeting Minutes held on February 11, 2020. B. Approval of the Regular Meeting Minutes held on May 12, 2020. C. Approval of the Regular Meeting Minutes held on June 9, 2020. 5. In Remembrance of Deceased Members and Beneficiaries: A. None 6. Presentation: A. Tim Brice from Morgan Stanley Graystone Consulting: Discussion: Monthly Perspectives Report and Market Value of portfolio as of July 7, 2020 - $ 11,550,248.09. 7. For Your Information: A. None 8. Old Business: A. None  2. 07/14/20 THIS IS AN OFFICIAL ANNOUNCEMENT THAT THE CITY OF CENTER LINE POLICE AND FIRE RETIREMENT COMMISSION IS CONDUCTING A REGULAR MEETING CITY OF CENTER LINE MUNICIPAL BUILDING 7070 E. TEN MILE RD. CENTER LINE, MI 48015 MEETING WILL BE CONDUCTED VIA CONFERENCE CALL (Instructions below) TUESDAY, JULY 14, 2020 2:30 PM MEETING Page 2 of 3 9. New Business: A. GRS – Proposed actuarial services and fees for December 31, 2020 and December 31, 2021. B. Summary Annual Report for December 31, 2019 as presented by Gabriel, Roeder, Smith & Co. 10. Retirements: A. None 11. Approval of Annuity Withdrawals: A. None 12. Approval of Pension Figure(s): A. None 13. Vouchers: A. June 25, 2020 pensions paid: Pay Report 371 ~ $ 108,286.76. B. Gabriel, Roeder, Smith & Co. Invoice # 455626, Dated: June 30, 2020 for the December 31, 2019 actuarial valuation. ~ $ 9,800.00. C. Gabriel, Roeder, Smith & Co. Invoice # 455837, Dated: July 7, 2020 for the December 31, 2019 Summary Annual Report. ~ $ 1,600.00.  2. 07/14/20 THIS IS AN OFFICIAL ANNOUNCEMENT THAT THE CITY OF CENTER LINE POLICE AND FIRE RETIREMENT COMMISSION IS CONDUCTING A REGULAR MEETING CITY OF CENTER LINE MUNICIPAL BUILDING 7070 E. TEN MILE RD. CENTER LINE, MI 48015 MEETING WILL BE CONDUCTED VIA CONFERENCE CALL (Instructions below) TUESDAY, JULY 14, 2020 2:30 PM MEETING Page 3 of 3 D. Consulting Group Money Manager fees: January 2020 $ 2,709.88, February 2020 $ 2,380.62, March 2020 $ 2,199.88, April 2020 $ 2,303.82, May 2020 $ 2,484.43, June 2020 $ 2,433.30. Total $ 14,511.93. 14. Commission Members Comments: 15. Adjournment: ___________________________________ 07/09/20 _______________________ Gregory T. Suma, Deputy Treasurer Date Please find attached materials for the call on July 14, 2020. Please call the number below: 877-777-0154 Pass Code 4230377