Police and Fire Retirement Board

ITEM 2. – 06/08/2021 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 TUESDAY, JUNE 8, 2021 2:30 PM MEETING Page 1 of 2 1. Call to order: 2. Approval of Agenda: 3. Public Comment: 4. Minute(s): A. Approval of the Regular Meeting Minutes held on May 25, 2021. 5. In Remembrance of Deceased Members and Beneficiaries: A. None 6. Presentation: A. Tim Brice from Morgan Stanley Graystone Consulting: Discussion: On The Markets – Better to Travel Than Arrive - June 2021, Market Value as of June 1, 2021 $ 14,42,475.75 and rebalance. Wealth Strategies Analysis as of June 30, 2021. Discussion on asset rebalance as of June 1, 2021. 7. For Your Information: A. GRS Industry News Re: Goldman Sachs finds public pension plans’ funded status recovered rapidly during the first quarter of 2021. B. GRS Industry News Re: Center for Retirement Research at Boston College finds the number of Americans claiming Social Security at age 62 continues to decline. 8. Old Business:  ITEM 2. – 06/08/2021 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 TUESDAY, JUNE 8, 2021 2:30 PM MEETING Page 2 of 2 A. None 9. New Business: A. None 10. Retirements: A. None 11. Approval of Annuity Withdrawals: A. None 12. Approval of Pension Figure(s): A. None 13. Vouchers: A. May 25, 2021 pensions paid: Pay Report 416 ~ $ 110,648.61. B. Nickel & Saph Re: Fiduciary Liability Insurance coverage July 1, 2021 through June 30, 2022. $ 5,606.00. 14. Commission Members Comments: 15. Adjournment: ___________________________________ June 3, 2021 _______________________ Gregory T. Suma, Deputy Treasurer Date