Special Committee on City Pension Sustainability

Agenda

 

 

 

Tuesday, May 19, 2009

Tape No.________________________

3:00 p.m.        

 

Council Chambers 1st Floor,  City Hall

Dana M. Farris,

Chief of Legislative Services

 

 

Michael Corrigan, Chair

Director:  Cheryl L. Brown

Warren Jones, Vice Chair (Arrived 4:07 PM)

Legislative Assistant: Jessica Stephens

Reginald Brown

Council Auditor: Kirk Sherman

Kevin Hyde

Council Auditor: Thomas Carter

Stephen Joost (Excused)

Attorney: Derrel Chatmon

 

Attorney:  Peggy Sidman

 

Chief of Research: Jeff Clements

 

Administration:  Sherry Hall

 

Meeting Convened: 3:06 PM                                       Meeting Adjourned: 4:19 PM

 

 

Subject Matter Experts:

 

            Henry Cook, Jacksonville Retirement System Trustee

            John Keane, Police and Fire Pension Administrator

Alan Mosley, Chief Administrative Officer - COJ

            Sheila Sharp-Caulkins, Retired Employees Association President

            David Kilcrease, Lieutenant – JSO, Corrections Officers Pension

 

Agenda:

 

1)                  Introductory remarks – Chairman Corrigan

 

2)                  2000 Settlement Agreement – Derrel Chatmon

 

3)                  Five-Year Smoothing Methodology – Mickey Miller & John Keane

 

4)                  “What Can We Do To Fund the Unfunded Liability (UAAL)?”

 

5)                  Questions & Answers

 

6)                  Recap of Issues and Questions

 

7)                  Adjourn

 

 

 

The next regularly scheduled meeting will be held on Tuesday, June 2, 2009 at 3:00 p.m.