Boston Retirement Board Meeting
There will be a Boston Retirement Board meeting on August 21 at 9 a.m.
Discussion Topics
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Agenda
Meeting Convenes - Introduction of Members and Guests
Review and Acceptance of Past Administrative - Session Minutes
Outstanding/Ongoing Administrative Issues: Timothy J. Smyth, Executive Officer
- Administrative Update
- COLA base – public comment only (Board vote on 09/17/2024)
- Actuarial Valuation as of 01/01/2024 & Funding Schedule – discussion and vote
- PERAC Memos, Reports and/or Forms for Board education:
- PERAC Memo 22-2024 re New Standard for Calculating Public
- Sector Post-Retirement Work Limitations
- PERAC Memo 21-2024 re New Anti-Spiking Exemptions
- PERAC Memo 20-2024 re Cost of Living Increase for Supplemental
- Dependent Allowance
- PERAC Memo 19-2024 re Reinstatement to Service
- PERAC Funded Ratios report - issued 07.01.2024
Outstanding/Ongoing Investment Issues: John F. Kelly, Investment Analyst
- Investment Update
- Private Debt Search – discussion and vote
- HarbourVest
- GoldenTree
- Investment Policy Statement – discussion and vote
- Q2 2024 Performance Report – discussion only
- July 2024 Flash Report – discussion only
- Work Plan - discussion only
- Private Debt Search – discussion and vote
Outstanding/Ongoing Financial Issues: Ellen M. McCarthy, Comptroller
Financial Update
Outstanding/Ongoing Operations Issues: Christine M. Weir, Deputy Director
- Operations Update
Outstanding/Ongoing Legal Issues: Natacha Thomas, General Counsel
- Legal Update
Old Business
New Business
Executive Session
The Board shall enter into Executive Session in order to discuss the physical condition or mental health of an individual(s). Specifically, the Board shall consider applications for accidental disability retirement benefits, ordinary disability retirement benefits and/or petitions for accidental death benefits. Finally, the Board may also consider litigation strategy, pension forfeiture and/or personnel matters.
The Board shall re-convene in Administrative Session in order to consider any remaining agenda items and then adjourn.