Remarks by Robert Williamson
73 remarks on the record, newest first · Page 1 of 3
- Play at 4:18
“And that's a move that we're not proceeding with.”
General Employee Pension Board · Sep 10, 2026
- Play at 21:42
“Good point. Is there a conflict of interest between the actuary and the administrator?”
General Employee Pension Board · Sep 10, 2026
- Play at 21:59
“You're currently our actuary. Yes, now I know. And you take on the additional role of administrator. Does that create a conflict of interest?”
General Employee Pension Board · Sep 10, 2026
- Play at 24:25
“You said something interesting. I believe it was a hospital in Tallahassee that dropped the plan. Could you explain why they dropped the plan?”
General Employee Pension Board · Sep 10, 2026
- Play at 37:08
“problem you've got us on this display above you might want to just touch the see it's on the I think if you go up on the side and touch it'll go those those sounds that's just your display isn't in control there see what I mean it's a display side it's not from the laptop”
General Employee Pension Board · Sep 10, 2026
- Play at 41:16
“You have to allow him to share on this side. Okay. All right. So you can see this now?”
General Employee Pension Board · Sep 10, 2026
- Play at 47:47
“Which village, plan, city do you think is closest to us that you're doing right now? So what municipality that you're doing this for right now is closest to us?”
General Employee Pension Board · Sep 10, 2026
- Play at 49:13
“You can read them. I can't on the screen.”
General Employee Pension Board · Sep 10, 2026
- Play at 1:26:38
“What does it mean that we're giving them data as to payroll and they're using that? I don't understand what bookkeeping is in this.”
General Employee Pension Board · Sep 10, 2026
- Play at 1:35:21
“Well, he's a bachelor. He would have thrown us out.”
General Employee Pension Board · Sep 10, 2026
- Play at 1:35:32
“Comparable plans in this area that you're presently the TPA for?”
General Employee Pension Board · Sep 10, 2026
- Play at 1:35:57
“And where are you folks physically located?”
General Employee Pension Board · Sep 10, 2026
- Play at 2:06:48
“Some questions for you. First, you are much more exposed to this – than we are because you've been. Are any of the four of these disqualified because you think they're bad guys?”
General Employee Pension Board · Sep 10, 2026
- Play at 2:07:16
“Any of them too big? No. My sense was that the first and last presentations were good. The middle two were terrible. the HYN asking us what we're looking for is in my book, Lunacy. Because I've interviewed hundreds of people. My sense is if we didn't have a decision from the police board, I think we would be looking carefully at the first and last resource center and Gabriel Roeder. But with the police board doing it, I think the of us to be able to do the accounting to feed to it, I think we're much better off with one for all of us. So my sense is that we should do Gabriel Rotary.”
General Employee Pension Board · Sep 10, 2026
- Play at 2:10:07
“But they're really very different functionality. The actuary has to meet certain professional standards. I mean, an actuary is almost the same level of a lawyer in terms of just all of that.”
General Employee Pension Board · Sep 10, 2026
- Play at 2:12:11
“And I feel strongly that a single one or both makes it easier from our side. And I think that's more important.”
General Employee Pension Board · Sep 10, 2026
- Play at 2:14:25
“So what you're telling us is the plan administrator...”
General Employee Pension Board · Sep 10, 2026
- Play at 2:17:59
“I actually asked this question about a year and a half ago. And my sense is that the manager and, in this case, the head of HR, should have addressed this. And I asked this question, and again, we're sitting here today without an answer to that. And I'm not sure the TPA is actually involved in as much as our internal processes. But to not have basic historical employee.”
General Employee Pension Board · Sep 10, 2026
- Play at 2:19:12
Not quoted here: it may name a member of the public. Hear it at the meeting.
General Employee Pension Board · Sep 10, 2026
- Play at 2:19:21
“But he should have been able to, at least on a forensic basis, go back and recreate it.”
General Employee Pension Board · Sep 10, 2026
- Play at 2:19:58
“I heard exactly that discussion like a year and a half, two years ago. I continue to ask the question. Maybe the record's got thrown out. God help us, it might happen. But from my point of view, the manager and the head of HR should be the ones pointing to that. If they come back and say, look, we just can't find it, it's gone, then it's going to need to be a reasonable... accommodation for that because something to do that maybe it's just more asking you what you think it is and saying okay we'll go with that”
General Employee Pension Board · Sep 10, 2026
- Play at 2:21:57
“But it's pre-tax money, so therefore the benefit is paid. In the future, it's taxable.”
General Employee Pension Board · Sep 10, 2026
- Play at 2:22:34
“So when she gets the 1099-MIS or whatever comes out on this, it's going to say that some of this is not taxed.”
General Employee Pension Board · Sep 10, 2026
- Play at 2:22:59
“It's the mid-'90s. I can't remember exactly. The parallel is Roth versus IRA.”
General Employee Pension Board · Sep 10, 2026
- Play at 2:23:32
“and they can do a reasonable number of the service and probably buy it.”
General Employee Pension Board · Sep 10, 2026