City of Alexandria, Virginia
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MEMORANDUM
DATE: NOVEMBER 6, 2019
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
FROM: MARK B. JINKS, CITY MANAGER /s/
DOCKET TITLE:
TITLE
Consideration of Appointment of the Medic/Fire Marshal Representative and Alternate to the City of Alexandria's Supplemental Retirement Board.
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ISSUE: Appointment of The Medic/Fire Marshal Representative and Alternate to the Retirement Board ("Board") of the City of Alexandria's Supplemental Retirement Plan ("Plan").
RECOMMENDATIONS: That City Council appoint the following individuals to the City of Alexandria's Supplemental Retirement Plan Board:
* James Mikell for Medics and Fire Marshals Representative;
* Kelsea Bonkoski for Medics and Fire Marshals Alternate;
Assuming City Council appointment, the effective dates of these terms will be December 1, 2019 to December 31, 2020.
DISCUSSION: In accordance with Plan rules, the Board held elections for one vacant position at the October 2, 2019 and the Board voted to appoint Mr. Mikell as the Medic/Fire Marshal Representative in a contested election. The Medics and Fire Marshals Representative position was previously held by Charles Curia who has separated from the City of Alexandria. The Medics and Fire Marshals Alternate position has currently been held by James Mikell since April 2017.
BACKGROUND: The Board was created on December 11, 2012 and includes General Schedule, Deputy Sheriff and Fire Marshal/Medic employees. The Board is comprised of eight members and five alternates who serve as the trustees of the Plan's trust and fiduciaries of the Plan and its assets. The Board acts for the City on matters concerning the Plan's assets, including selecting and monitoring investment funds and appointing investment managers, custodians, and advisors. The Board is also charged with consulting with City management to recommend modifications to the Plan. The Plan requires Board meetings to be held each quarter...
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