Pension Committee Special Meeting
–
October 31, 2024
PENSION COMMITTEE
SPECIAL MEETING
OCTOBER 31, 2024, THURSDAY 9:00 AM
TOWN HALL
CALL TO ORDER
APPROVAL OF MINUTES OF REGULAR MEETING OF JULY 18
REPORT FROM THE OFFICE OF THE SOMERS CFO
- CASH AVAILABLE FOR BENEFIT PAYMENTS FOR BOTH FUNDS
- GASB REPORTS FOR FISCAL 23-24
- PROGRESS ON CHANGES IN THE VFF BENEFIT STRUCTURE
DISCUSSION OF MORGAN STANLEY RECOMMENDATIONS FOR CHANGES IN THE VFF FUND
INVESTMENT REVIEW AND DECISIONS FOR THE TOWN FUND: KEVIN NICHOLS
- SMALL CAP FUND?
- WINDING DOWN BOND PERCENTAGE?
APPROVAL OF CHANGES IN IPS INVESTMENT POLICY STATEMENT
- CRYPTOCURRENCIES ADDED TO LIST OF PROSCRIBED INVESEMENTS
- ADDITION OF “SEPARATELY MANAGED ACCOUNTS” IN THE SECTION ON “FUND MANAGERS”AND UNDER “DIVERSIFICATION”
REVIEW OF REPORTS TO EMPLOYEES FOR TOWN PLAN AND FIREFIGHTERS PLAN
ADJOURNMENT