AGENDA

1. CALL TO ORDER

2. ROLL CALL

3. CONSENT CALENDAR

(Consent Calendar items are considered to be routine by the Commission/Committee/Board and will be enacted by one motion. By approval of the Consent Calendar, the staff recommendations will be adopted unless otherwise modified by the Commission/Committee. There will be no separate discussion on these items unless a Commission/Committee/Board Member or a member of the audience requests removal of the items from the Consent Calendar.)

3-1 Approval of pension payments for the month of January 2019 in the amount of $105,011.87. (No changes to payments and letter will be available at the January 20th meeting.)

Staff recommendation: Approve

3-2 Ratification of pension payments for the month of December 2018 in the amount of $105,011.87

Staff recommendation: Ratify

3-3 Ratification of pension payments for the month of November 2018 in the amount of $104,827.77

Staff recommendation: Ratify

3-4 Ratification of invoice from CIBC (formerly Atlantic Trust) in the amount of $6,626.94 for investment services for the period 10/1/18 through 12/31/18.

Staff recommendation: Ratify

3-4 Approval of Minutes of the regular meeting of October 30, 2018.

Staff recommendation: Approve

3-5 Approval of invoice from GovInvest in the amount of $10,000 for performing GASB 68 Actuarial Valuation and Funding Valuation Report – work is currently in progress – payment as per contract approved by City Attorney.

Staff recommendation: Approve

4. PUBLIC COMMENT

For persons desiring to address the Commission/Committee/Board on an item that is not on the agenda please note that each speaker is limited to three (3) minutes. The Brown Act limits the Committee’s ability to take and/or discuss items that are not on the agenda; therefore, such items are normally referred to staff for comment or to a future agenda.

5. REPORTS

5-1. Vicken Ekmekjian of CIBC (formerly Atlantic Trust) presenting investment performance report for period ended December 31, 2018.

Staff recommendation: Note and file

6. ANNOUNCEMENTS/COMMUNICATIONS

7. FUTURE AGENDA ITEMS

(Commission/Committee/Board Member announcement of requests for future agenda items. No public comment will be taken on announcement of future agenda items).

7-1. The next regularly scheduled Pension Board meeting will be held on Tuesday April 30, 2019.

8. ELECTION OF OFFICERS AND DAY OF WEEK TO MEET

8-1.  Board election of Chairperson, Vice-Chairperson, and day of the week to meet.

9. ADJOURNMENT


The Commission/Committee/Board packet is available for public inspection at City Hall. The agenda is available for public inspection at the Albany Library and Senior Center. The agenda and supporting staff reports, if available, can also be found on our web page at www.albanyca.org.

Please note that if you provide your name and address when speaking before the Commission/Committee/Board it will become part of the official public record, which will be posted on the Internet.