City of Gainesville - File #: 980814

• File #: 980814
• Version: 0
• Name: General Employee's Pension Fund Update (NB)
• Type: Staff Recommendation
• Status: Filed
• File created: 11/23/1998
• In control: City Manager
• Final action: 11/23/1998
• Title: Performance Update for the General Employees' Pension Fund Period Ending September 30, 1998

Date	Ver.	Action By	Action	Result
11/23/1998	0	City Commission	Placed on File	Pass

Title Performance Update for the General Employees' Pension Fund Period Ending September 30, 1998 Explanation As part of its ongoing responsibilities, the Pension Review Committee for the City of Gainesville General Employees Pension Plan periodically updates the Board of Trustees of the plans performance. Investment manager performance is quantified as a rate of return on investment and compared with specified benchmark indices. Fiscal Note None Recommendation The Board of Trustees hear a pension performance update from the Pension Review Committee and Mr. Michael Callaway, Merrill Lynch Consulting Services.