General Employees Retirement Board

AGENDA GENERAL EMPLOYEES’ RETIREMENT SYSTEM July 25, 2023 at 12:00 PM City Hall | Conference Room 106 40555 Utica Rd | Sterling Heights, MI 48313 CALL TO ORDER ROLL CALL APPROVAL OF AGENDA APPROVAL OF MINUTES Meeting of June 15, 2023 COMMUNICATION FROM CITIZENS To communicate your concerns or comments on the meeting, please speak when this line item is reviewed or during general discussion as thoughts and feedback arise. The City of Sterling Heights will provide necessary reasonable auxiliary aids and services to individuals with disabilities at the meeting upon 7 days’ notice to the Community Relations Department at 446-CITY. REPORT FROM LEGAL COUNSEL CONSENT AGENDA - Consent Items I.A through I.D2 I. RECEIVE AND FILE: A. Benefit Register listing for June 2023 from Comerica Bank B. Cash and Assets Statement for month ending June 2023 from Comerica Bank and Morgan Stanley C. Correspondence items D. Approval items REGULAR AGENDA II. OLD BUSINESS A. Review of VMT’s Legal Services Agreement B. Review of “Initial 70% AFC Limit” III. NEW BUSINESS A. Retiree Status Change – Richard Huyghe (deceased) B. Private Equity Candidates 1. Pomona – Randall Barton 2. Partners – Mathieu Frechette Private Credit Candidates 1. Cion – Matthew Desiderio 2. Blackstone – William Dodson C. Pension Administrator Comments D. Trustee Comments ADJOURN