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




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
  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