Joint Meeting of the Board of Trustees of the City Employees' Retirement Fund & The Board of Trustees of the Police & Firemen's Pension Fund

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a2023-03-06_joint_trustees.pdf

Date:

Monday, March 6, 2023 - 6:30pm

AGENDA

THE BOARD OF TRUSTEES OF THE CITY EMPLOYEES' RETIREMENT FUND

THE BOARD OF TRUSTEES OF THE POLICE AND FIREMEN'S PENSION FUND

REGULAR JOINT MEETING

Monday, March 6, 2023

Location: Auditorium/Zoom

6:30 p.m.

Instructions for joining this meeting by phone or online via Zoom are available at: www.torringtonct.org/zoom.

Meeting ID number: 893 1572 7630| Passcode: 06790

Meeting Access Link:

https://us02web.zoom.us/j/89315727630?pwd=aWRaOUpvUHVhWnZRM1F6K0p1VFFydz09

Call-in phone number: 1 (646) 558-8656

Minutes

Vote by the Board of Trustees of the City Employees' Retirement Fund and the Board of Trustees of the Police and Firemen's Pension Fund to approve the minutes of the Regular Joint Meeting held on August 1, 2022.

Vote by the Board of Trustees of the Police and Firemen’s Pension Fund to approve the minutes of the Special Meeting held on March 1, 2023.

Presentations

Presentation for the Police and Firemen’s Pension Fund and the City Employees’ Retirement Fund by Christopher Kachmar of Fiducient Advisors.

Proposed update to Asset Allocation Targets

Vote by the Board of Trustees of the Police and Firemen's Pension Fund to approve the recommended changes, as presented by Fiducient Advisors, for the Police and Firemen’s Pension Fund.

Vote by the Board of Trustees of the City Employees' Retirement Fund to approve the recommended changes, as presented by Fiducient Advisors, for the City Employees' Retirement Fund.

Board of Trustees of the City Employees' Retirement Fund, UPSEU Council 4, Local 2212 City Hall Supervisors

Vote to accept the pension computation effective December 3, 2022, for Gail Sartori, Deputy Assessor for the City of Torrington, after 18.26 years of service.

Board of Trustees of the City Employees' Retirement Fund, AFSCME Council 4, Local 1579 Board of Education

Vote to accept the pension computation effective January 27, 2023, for Richard Stary, Custodian for the City of Torrington Board of Education, after 26.08 years of service.

Board of Trustees of the Police and Firemen's Pension Fund - AFSCME Council 15, Local 442

Vote to accept the pension computation effective July 31, 2022, for Thomas Rouleau, Lieutenant for the City of Torrington Police Department, after 25.12 years of service.

Vote to accept the pension computation effective September 30, 2022, for James Delay, Sergeant for the City of Torrington Police Department, after 20.05 years of service.

Vote to accept the pension computation effective January 19, 2023, for Kevin Tieman, Detective for the City of Torrington Police Department, after 25.02 years of service.

Adjournment