City of Alexandria, Virginia
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MEMORANDUM
DATE: NOVEMBER 6, 2013
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
FROM: RASHAD M. YOUNG, CITY MANAGER/s/
DOCKET TITLE:
TITLE
Appointment of Participant and Alternate Representative and Management Representative to Certain City of Alexandria's Retirement and Investment Boards.
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ISSUE: There are two similar issues: 1) Appointment of a Management Representative to the Retirement Board of the City of Alexandria Firefighters and Police Officer Pension Plan ("Fire & Police Plan") and 2) Appointment of an Employee Representative and Alternate to the Retirement Board of the City of Alexandria Supplemental Retirement Plan ("Supplemental Plan").
RECOMMENDATION:
1) That City Council replace the following representative from the City of Alexandria Firefighters and Police Officers Pension Board:
* Mark Jinks, Deputy City Manager, as City Management Representative
2) With:
* Nelsie Smith, Director of OMB, to the City of Alexandria Firefighters and Police Officers Pension Board.
Ms. Smith this serves on the Supplemental Board as well as the Post-Employment Benefit Trust (for retiree health and life insurance). Mr. Jinks has taken on additional transit and economic development responsibilities that will take away from the time needed for this investment board.
Ms. Smith will remain on the board until removed by City Council or ending her employment.
3) That City Council replace the following representative from the City of Alexandria Supplemental Retirement Plan Board:
* Jarod Overstreet, Deputy Sheriff-Sergeant, as Deputy Sheriff Participant Representative
4) With:
* Robert Gilmore, Deputy Sheriff III.
* Currently Mr. Gilmore has been serving Deputy Sheriff Alternate.
Mr. Overstreet has been promoted and his duties at the Sheriff's Department have changed and he wo...
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