Boston Retirement Board Meeting

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

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.