TMRS Advisory Committee on Benefit Design September 16

The TMRS Advisory Committee on Benefit Design Meeting finally took place via Zoom on Wednesday, September 16. To refresh everyone: The Advisory Committee on Benefit Design is comprised of the following members and representing organizations: Paul Parker, Retiree (Individual Class Representative) Barry Sullivan, City Manager, City of Gainesville (Individual Class Representative) Julie Masters, Mayor, City … Read more

TMRS Highlights from June 25-26 Board Meeting

By Casey Srader, TMRS Advisory Board Representative The TMRS Board met June 25-26. Due to the coronavirus, Thursday’s meeting was closed to the public but made available via webcast; Friday’s meeting was executive session only. The purpose of Friday’s meeting was to conduct executive director interviews to replace David Gavia, who retired. The TMRS Board … Read more

TMRS Highlights from May 28 Board Meeting

By Casey Srader, TMRS Advisory Board Representative Agenda Item #1 – Consider and Act on Consent Agenda and Receive Report on Private Market Investments TMRS staff member TJ Carlson gave the Board an overview of recent major transactions, buys, liquidations, and terminations The Investment Committee approved all items. This process represents the newly adopted process … Read more

TMRS Highlights from the March 24 Board Meeting

By Casey Srader, TMRS Advisory Board Representative Gabriel, Roeder, Smith & Company (GRS) recommended crediting the Benefit Accumulation Fund (BAF) interest equal to approximately 15.42 percent, which will be credited based on the beginning of year market value BAF balance for each City. This will increase the initial Interest Reserve Account from 290 million to … Read more