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File #: 26-0591    Name: Pension Board Replacement
Type: Written Report Status: Agenda Ready
File created: 1/2/2026 In control: City Council Legislative Meeting
On agenda: 1/27/2026 Final action:
Title: Consideration of the Appointment of City Representatives to the City of Alexandria Supplemental Retirement Board and Firefighters and Police Officers Pension Board.
City of Alexandria, Virginia
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MEMORANDUM

DATE: JANUARY 22, 2026

TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL

THROUGH: JAMES F. PARAJON, CITY MANAGER

FROM: KEVIN C. GREENLIEF, DIRECTOR OF FINANCE

DOCKET TITLE:
TITLE
Consideration of the Appointment of City Representatives to the City of Alexandria Supplemental Retirement Board and Firefighters and Police Officers Pension Board.
BODY
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ISSUE: There are two similar issues presented for Council consideration: 1) Appointment of City Representatives to the City of Alexandria Firefighters and Police Officers Pension Board ("Fire & Police Board") and 2) Appointment of City Representatives to the Retirement Board of the City of Alexandria Supplemental Retirement Plan ("Supplemental Board").

RECOMMENDATION: That City Council appoint the following individual to the newly vacant City Representative position on the City of Alexandria Firefighters and Police Officers Pension Board and the Supplemental Retirement Board:

* Kevin C. Greenlief, Director of Finance

BACKGROUND: The Fire & Police Board consists of eight members and three alternates. The Supplemental Board consists of eight members and five alternates. Both Boards serve as the trustees and fiduciaries of their respective plans and assets. Both Boards act for the City on matters concerning the Plan's assets, including selecting and monitoring investment funds and appointing investment managers, custodians, and advisors. Both Boards are also charged with consulting with City management to recommend modifications to the Plan. Both Plans require board meetings to be held quarterly, however, meetings are generally held more often.

DISCUSSION: City Council has the authority to appoint Fire & Police Board members. The board members are either nominated by the City Manager or elected by the Voting Participants, which include active sworn Firefighters and Police Officers ...

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