General Employees Retirement Board - Regular Meeting

Tuesday, July 15, 2025Official site

The General Employees Retirement Board approved past meeting minutes and a drop exit rollover request for Jeffrey Hatcher. The board also received a positive quarterly investment report, noting the portfolio was performing well and nearing its fiscal year target.

About this meeting

Government Body
General Employees Retirement Board
Meeting Type
General Employees Retirement Board
Location
Bal Harbour, FL
Meeting Date
July 15, 2025

Published excerpts

Only published remarks appear here. The full transcript is not published.

7 sections (from 8 segments)

2:36 – 3:50•Seth E. Salver

Good evening. We're going to call the meeting to order. Recording in progress. It's a meeting of the General Employees Retirement Board. Mr. Clark. Yes. Mayor Fremark. Here. Vice Mayor Salver. Here. Councilman Levy. Here. Councilman Salver. Still here. Here to Vice Mayor. Sorry. Yeah. Councilman Sklar. Here. Councilman Wolf. Here. Ryan Cochran. Here. And Lourdes Rodriguez. And we have Fulcrum. Thank you. All right. Please rise for the pledge. Thank you. First item we have is board minutes for approval. I'll take a motion. I'll move it. We have a motion. Do we have a second? Second. We have a m

10:13•Seth E. Salver

So you answered, I think, the question I was going to ask, which is do you have any recommendations regarding our policy or any changes that we should consider?

11:04 – 11:15•David Wolf

And just to that point as well, I mean, you already said you looked at it, but with the significant devaluation of the dollar, you don't see any changes, and again, any movement of investments overseas or anything like that at this point?

16:49•Seth E. Salver

Loris, anything? Anybody have any questions?

16:56•Seth E. Salver

Well, it's a positive report, so it's always the easier ones to make. They are. Okay.

17:09•Seth E. Salver

All right. Next item, 5.1, drop exit rollover request. Mr. Manager?

18:06 – 18:35•Seth E. Salver

Thank you. Any questions? All right, I'll make the motion. Do we have a second? We have a second. You're good, Dwight? All in favor? Aye. Any opposed? Motion carries. Any public comments? Seeing none, we'll adjourn the meeting. Thank you all very much. Take a break.

These excerpts are remarks by officials whose identity a person confirmed, from a transcript generated automatically from the official public meeting video and presented unedited. Accuracy may vary; view the original recording for reference.