CITY OF ORLANDO
COUNCIL AGENDA ITEM


Items Types:
Business and Financial Services
For Meeting of:
March 31, 2014
District: ALL From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : No Draft Only: No
Grant Received by City?: No

Subject:
General Employees' Pension Fund 2013 Actuarial Valuation Report and minutes of the Pension Advisory Committee meeting held March 6, 2014

Summary:
The General Employees' Pension Advisory Committee (PAC) met on March 6, 2014.  The PAC's actuary reviewed the General Employees' Pension Fund Actuarial Valuation Report dated September 30, 2013.  The PAC then received a performance update from the City's investment consultant, NEPC.

Fiscal & Efficiency Data:
N/A

Recommended Action:
Accept the General Employees' Pension Fund Actuarial Valuation Report dated September 30, 2013, and accept the minutes from the March 6, 2014 PAC meeting.
 
 


Agenda Item attachment(s) on file in the City Clerks Office.

Note: All agenda items must be in the City Clerk's office by Noon Friday, six(6) business days prior to the regular Monday City Council meeting.

Contact: Chris McCullion
Approved By:

Department Date and Time
Budget Outside Routing Approval 3/19/2014 3:43 PM
City Clerk 3/20/2014 9:51 AM

ATTACHMENTS:
Name: Description: Type:
PAC_Minutes_3-6-2014.pdf PAC Minutes 3-6-2014 Backup Material
2013-09-30_Orlando_General_Employees__Pension_Fund.pdf GE Plan Actuarial Valuation Report 2013 Backup Material

"Enhance the quality of life in the City by delivering public services in a knowledgeable, responsive and financially responsible manner."