General Employees Retirement Board

MODIFIED AGENDA REGULAR MEETING – GENERAL EMPLOYEES’ RETIREMENT SYSTEM Thursday November 21, 2019 at 12:00 pm Administration Building, 40555 Utica Road, Sterling Heights, MI 48313 Council Conference Room # 201 (586) 446-2783 CALL TO ORDER ROLL CALL APPROVAL OF AGENDA APPROVAL OF MINUTES - Regular Meeting of October 17, 2019 COMMUNICATION FROM CITIZENS REPORT FROM LEGAL COUNSEL CONSENT AGENDA - Consent Items I.A through I.D2 I. RECEIVE AND FILE: A. Benefit Register listing for end of months November 2019 from Comerica Bank B. Cash and Assets Statement as of the end of month October 2019 from Comerica Bank and Morgan Stanley P:\Ryan\PENSION\GERS MEETING FILES\Agendas\19.11\19.11 Agenda.docx 1  D. Correspondence items listed here: Item Date Communication 1 Feb 28, 2019 MS | PARTICIPANT CLASS PORTFOLIOS MS | SEMI-ANNUAL REPORT MONEY MARKET 2 Jul 31, 2019 TRUST RGRD LLP | SHAREHOLDER CLASS ACTIONS 3 Sep 27, 2019 SETTLEMENT REPORT 4 Sep 30, 2019 BW | STATEMENT OF ACCOUNT 5 Oct 08, 2019 MS | CONSOLIDATED TRADE CONFIRM 6 Oct 10, 2019 MS | CONSOLIDATED TRADE CONFIRM 7 Oct 14, 2019 MS | FEE & REV YEAR-END REPORT 8 Oct 16, 2019 TO MS | XFER REQUEST 9 Oct 23, 2019 MS | WIRE XFER CONFIRM RGRD LLP | SHAREHOLDER CLASS ACTIONS 10 Oct 25, 2019 SETTLEMENT REPORT 11 Oct 30, 2019 MS | TRADE CONFIRM 12 Nov 01, 2019 MS | CONSOLIDATED TRADE CONFIRM E. Approval items 1. Payable from City Assets for the service period ending October 2019: None 2. Payable from Fund Assets for the service period ending October 2019:  Boyd Watterson – money manager fees $4,633  MS Consolidated – money manager fees $148,465.82  WCM – money manager fees $18,484.95 REGULAR AGENDA II. OLD BUSINESS A. Approval of Service Retirement Benefit – Thomas Walsh, Meter Reader/ Installer, DPW Field III. NEW BUSINESS A. Morgan Stanley, The Brice Group— Quarterly Review B. Application for Service Retirement – Mary Sears, Senior Account Clerk, DPW C. Pension Administration Comments D. Trustee Comments ADJOURN P:\Ryan\PENSION\GERS MEETING FILES\Agendas\19.11\19.11 Agenda.docx 2