Police and Fire Retirement Board

ITEM 2. 11/09/21 OPEB City of Center Line Other Than Post-Employment Benefits Trust Committee 7070 East Ten Mile Road Center Line, MI 48015 Agenda NOVEMBER 9, 2021 1:00 P.M. 1. Roll Call 2. Approval of Agenda 3. Public Comment 4. Approval of Minutes: a. OPEB Regular Meeting Minutes – August 24, 2021 5. For Your Information: a. None. 6. Presentations: a. Shana Neeson from Gabriel, Roeder, Smith & Co. discussion on the City of Center Line Retiree Health Care Plan Actuarial Valuation as of December 31, 2020. b. Tim Brice from Morgan Stanley Graystone Consulting: i. On The Markets - November 2021 – Risk-Reward. ii. 3rd Qtr. 2021 Money Manager performances. iii. Presentation for SMID money manager search. 7. Old Business a. None. 8. New Business a. Proposed OPEB Committee meeting dates for 2022. 9. Approval of vouchers: a. Gabriel, Roeder, Smith & Co. Invoice # 464972 Dated: October 4, 2021 for the December 31, 2020 OPEB Actuarial Valuation ~ $ 11,250.00. b. Money Manager fees: July 2021 - $ 2,113.04, August 2021- $ 2,150.26, September 2021 - $ 2,012.37 Total: $ 6,275.67. c. Graystone Consulting – 3rd Quarter 2021 Consulting fees, invoice # 10050521280 dated: October 7, 2021 ~ $ 12,647.03. d. Gabriel, Roeder, Smith & Co. Preparation of GASB 74 and GASB 75 reports as of June 30, 2021. Invoice # 465659 Dated: November 2, 2021 ~ $ 7,250.00. 10. Commissioners’ comments. 11. Adjournment.  ITEM 2. 11/09/21 OPEB City of Center Line Other Than Post-Employment Benefits Trust Committee 7070 East Ten Mile Road Center Line, MI 48015 Agenda NOVEMBER 9, 2021 1:00 P.M. Secretary Date: November 4, 2021