General Employees Retirement Board

AGENDA REGULAR MEETING – GENERAL EMPLOYEES’ RETIREMENT SYSTEM Thursday February 20, 2020 at NOON Administration Building, 40555 Utica Road, Sterling Heights, MI 48313 Conference Room # 101 (586) 446-2783 CALL TO ORDER ROLL CALL APPROVAL OF AGENDA APPROVAL OF MINUTES - Regular Meeting of January 16, 2020 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 month January 2020 from Comerica Bank B. Cash and Assets Statement as of the end of month January 2020 from Comerica Bank and Morgan Stanley P:\Ryan\PENSION\GERS MEETING FILES\Agendas\20.02\20.02 Agenda.docx 1  C. Correspondence items listed here: Item Date Communication 1 Jan 11, 2020 MS | TRADE CONFIRM 2 Jan 16, 2020 TO MS | XFER REQUEST 3 Jan 17, 2020 MS | TRADE CONFIRM 4 Jan 17, 2020 MS | RETIREMENT PLAN FEE CHANGES 5 Jan 21, 2020 MS | XFER CONFIRM 6 Jan 31, 2020 BW | STATEMENT OF ACCOUNT 7 Jan 31, 2020 MFS | Form ADV Part 2B 8 Jan 31, 2020 HARDING LOEVNER | SUMMARY PROSPECTUS 9 Dec 27, 2020 RGRD LLP | SHAREHOLDER CLASS ACTIONS D. Approval items 1. Payable from City Assets for the service period: Comerica - Bank fees $4,966.15 2. Payable from Fund Assets for the service period: Boyd Watterson – $ mgr fees $4,493.00 MS Consolidated – $ mgr fees Q4 2019 $153,974.55 MS Consolidated – $ mgr fees Jan 2020 $20,228.93 WCM – $ mgr fees $20,383.50 REGULAR AGENDA II. OLD BUSINESS A. Approval of Service Retirement Benefit – Martin Sowa, General Supervisor, DPW B. Approval of Service Retirement Benefit – James Nichols III, Mechanic, DPW C. Approval of Service Retirement Benefit – Lori Peterson, Appraiser II, Assessing P:\Ryan\PENSION\GERS MEETING FILES\Agendas\20.02\20.02 Agenda.docx 2  III. NEW BUSINESS A. Change in Retiree Status – Donna McKian, Deceased B. Change in Survivor Retiree Status – Shirley Jacobs, Deceased C. Pension Administration Comments D. Morgan Stanley, The Brice Group – Quarterly Performance Review E. Trustee Comments ADJOURN P:\Ryan\PENSION\GERS MEETING FILES\Agendas\20.02\20.02 Agenda.docx 3