Police and Fire Retirement Board

ITEM 2. – 10/12/2021 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, OCTOBER 12, 2021 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 September 14, 2021. 5. In Remembrance of Deceased Members and Beneficiaries: A. None 6. Presentation: A. Tim Brice from Morgan Stanley: 1. On The Markets dated: October 2021 Re: Be Patient on The Dip. 2. Money Manager performance results quarter ending June 30, 2021. 3. Portfolio Market Value as of October 4, 2021 ~ $ 14,374,891.43. 4. Private Credit Education. 5. Private Real Estate Education. 7. For Your Information: A. NASRA updates issue brief on employee contributions to public pension plans. Brief issued September 2021. B. Public Plans Database finds states and local pension plans’ average funded ratio remains steady. Dated: September 23, 2021. C. City Council Resolution Dated: October 4, 2021 Re: Approving the Memorandum of Understanding to the POAM and COAM collective bargaining agreements on a new Annuity Withdrawal interest to be used for refund of  ITEM 2. – 10/12/2021 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, OCTOBER 12, 2021 2:30 PM MEETING Page 2 of 3 contributions. 8. Old Business: A. None 9. New Business: A. Discussion on the proposed Fiscal Year 2022 Police and Fire Retirement Commission Budget. 10. Retirements: A. None 11. Approval of Annuity Withdrawals: A. None 12. Approval of Pension Figure(s): A. None 13. Vouchers: A. September 24, 2021 pensions paid: Pay Report 431 ~ $ 110,648.61. B. First and second quarter 2021 Money Manager fees $ 17,703.41. 14. Commission Members Comments: 15. Adjournment:  ITEM 2. – 10/12/2021 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, OCTOBER 12, 2021 2:30 PM MEETING Page 3 of 3 ___________________________________ October 7, 2021 _______________________ Gregory T. Suma, Deputy Treasurer Date