Ad Hoc Retirement Benefit Advisory Group
March 24, 2011 Meeting
7:00 p.m.

Agenda

Location: Sister Cities 1101

1. Introductions
2. Adoption of Agenda for first meeting
3. Review Group task
   • Resolution 2432 
   • Tentative Work Plan 
4. Freedom of Information Act – sunshine laws
   • FOIA Handout 
5. Retirement information
   • Handout initial material provided by City staff
     • Retirement Summary for Firefighters and Police Officers
     • Retirement Summary for Deputy Sheriffs, Medics, and Fire Marshals
     • Retirement Summary for General Schedule City Employees (Non-Public Safety)
     • Voluntary Retirement Savings Plans Summary
     • Letter from Charles J. Colgan, Chairman, Finance Committee, Virginia General Assembly to Glen S. Tittermary, Director, Joint Legislative Audit and Review Commission  requesting a review of Virginia's retirement programs
     • Budget Memo #16 March 9, 2011 Employer and Employee Retirement Contribution Rates FY 1988 - FY 2012 Proposed
     • Comprehensive Annual Financial Report (CAFR) July 1, 2009 - June 30, 2010 (excerpted pages)
   • Method to provide information in the future
   • Public website information
     • Ad Hoc Retirement Benfit Advisory Group web page 
     • Public/employee electronic forum
6. Future meetings
   • Weeknights? Weekends ½ day? All day?
   • Possible dates and times
7. Elect chair, co-chairs, and/or vice chair
8. Dismissal