HomeMy WebLinkAboutPolice and Fire Retirement Board June 2024 MinutesTHE BOARD OF TRUSTEES CITY OF LANSING
POLICE AND FIRE RETIREMENT SYSTEM
COMMITTEE OF THE WHOLE
MEETING MINUTES
Regular Meeting June 18, 2024
10th Floor Conference Room Tuesday, 8:30 a.m.
The meeting was called to order at 8:30 a.m.
Present: Trustee Schor, Taylor, Wilcox, Wohlfert – 4.
Absent: Garza, Kreft, Moore, Thomas
Others present: Karen E. Williams, Thomas Lindemann, Human Resources Department, Attorney Joe
Abood, City Attorney’s Office; Attorney Aaron Castle, VanOverbeke, Michaud and Timmony.
There were no public comments for items on the agenda.
Secretary’s Report:
0 new sworn fire member(s), 1 new sworn police member(s), 0 reinstatement(s), 0 refund(s), 0
transfers, 0 retired. Total: Active membership: 349. 0 death(s). Reimbursements to the System
year-to-date amount to $0.00. Retirement allowances paid for the month of May 2024, amounted to
$3,355,942.27. Total retirement checks printed for the P&F System: 814. Total retirement checks
printed for both systems: 1,735. Domestic relations order received: 0. Domestic relations orders
pending: 0. Eligible Domestic Relations Order Certified: 0.
The applicants for regular age and service retirements were tabled until July meeting.
There were no requests for Duty Disability Retirement.
There were no requests for Non-Duty Disability Retirement.
There were no requests for Refund of Accumulated Contributions.
Trustee Christopher Wilcox and Trustee Eric Wohlfert provided oral reports for his attendance at the
MAPERS Spring Conference. The conference included topics regarding the effects of inflation, real
estate, and emerging markets.
Karen Williams announced the MAPERS Fall Conference will be held September 21 -24, 2024.
Karen Williams reported that Trustees Garza, Kreft, Moore and Thomas requested to be excused from
the June Police and Fire Retirement System Board meeting.
Attorney Castle updated the Board regarding the Ullico Infrastructure contract. Attorney Castle will
review the contract and have a report available at the next meeting.
Attorney Castle updated the Board on the investment consultant review. The RFIQ were due distributed
to members to review and discuss at the next meeting. Upon review, the Board can decide at its August
Joint meeting how to proceed.
Police and Fire Retirement System June 18, 2024
Committee of the Whole Meeting Minutes Tuesday, 8:30 a.m.
Page 2
Ms. Williams updated the Police and Fire Retirement System regarding the Retirement Conference
2024. Ms. Williams reported that the Joint Retirement Board committee had met and was building the
itinerary and sending out SAVE THE DATE Notices.
George Tarlas reviewed the Monthly Investment Report for the period ending May 31, 2024.
It was moved by Trustee Wilcox and supported by Trustee Taylor to adjourn the Police and Fire
Retirement System June meeting.
Adopted by the following vote: unanimous.
The meeting ended at 8:55 a.m.
Minutes approved on 7/16/2024.
_______________________
Desiree Kirkland, Secretary
Police and Fire Retirement System
_____________________________
Eric P. Wohlfert, Chairperson
Police and Fire Retirement System