Meeting May 25, 2011

Page updated on Jul 26, 2011 at 12:20 PM

City of Alexandria
Ad Hoc Retirement Benefit Advisory Group
May 25, 2011
6:30 p.m. - 9:30 p.m.

 Location:  Sister Cities 1101

Chair(s):  Janine Bosley or James Ray



1.  Review and approval of proposed Agenda.

2.  Review, approval and adoption of Meeting Minutes:

a) April 27, 2011
b) May 9, 2011

3  Distribution and brief review of May 9th Meeting "Work Plan Status" Outline (Items I through II)(H)(5) discussion summary.

a) Overall review of meeting results.
b) Follow-up items: updates and briefing on open items from May 9th Work Plan Status Outline.

4.  Continuation of review of items from Work Plan Status Outline not covered in May 9, 2011, Meeting beginning with Item III.

5.  Old Business -- follow-up on any "old' items not covered in Agenda items 3 and 4 above.

a. Local Comparators Benefit Examples revised 5/25/2011

b. Local Comparators Chart comparing estimates of City retirement benefits and those of local comparators
    for public safety employees with 25 and 30 years of service

c. Projected Retirement Contributions and as a Percent of Budget (two pages)

d. Recent Efficiency Initiatives for the City retirement plans

e. Investment Returns: Actual vs. Assumed for City retirement plans

6.  New  Business

7.  Future meeting schedule

a) June 15, 2011
b) Subsequent meetings

8.  Adjournment