Are getting what you are looking for because its too much hopefully, you guys make a decision. 30 seconds. Because we are all effected and if you can go to sleep together for the dignities is this the right thing you wonder you if guys can face us. Hi, im denice when i worked for the city i literally and literally can prove it saved Million Dollar dollars for the city i want to get some back i never got a raise so i dont get a big pension even now you know this thing has been dragging on for months and i dont understand it i think that i get a sense of arrogance and the science of people who the majority are opposed to the hedge funds im urging you to use the cautionary principle and stop it like i said before go to las vegas and use your own money not mine thank you. clapping. thank you Good Afternoon Trustees im Cynthia Landry sits on the 1021 executive board for the local trustee its been said before its been said today and it will be continued to be said by our members active and r
Been very patient listening to us thank you for that many of my coworkers had to leave because theyre working but many are staying to the bitter end of the month to month we want you all to explain where you would put any money into an unwise have you ever known there are clearly all of the. 30 seconds. Well be here to hear our decision were not going away we have our calendars marked every month for this meeting thank you clapping. if no other Public Comment ill close Public Comment and call item 2. Item 2 an action item approve the minutes of january 14th retirement Board Meeting. Is there a motion of adoption. Ill move. Open up for Public Comment on item 2 seeing none, Public Comment is closed. Jake and ill pout one amendment that staff proposed in a memo from norm a clarification of the ownership within the deferred managers report it should be in a packet before you thats in a memo form from norman. Okay. Ill give you a moment to review it. Ill read it to it is clarifying that wel
1023 one and have talked about he they feel will the hedge funds plan it is seemed to be recommended about the risks and the fees the need for transparent about the feeling theyre not been Due Diligence that this whole mechanism of determining the Asset Allocation has been taken with blinder on for the last six or seven months and the lass lack of controls with the board and the hedge funds will have and the investments and fear that groups on the table like Elliott Management and the people he deals with that will invest their money against the unions and against the fine benefit plans leads me to once again say youve heard from many of our members youve received many, Many Services opposing Hedge Fund Investments today, i have another 8 hundred and 65 close to 3 thousand signatures of our members back behind the ones youve heard opposing the Hedge Fund Allocations wed like submit those and hope youll consider well, today, i hope we hear a lot of comments today that actually have a ca
To explain where you would put any money into an unwise have you ever known there are clearly all of the. 30 seconds. Well be here to hear our decision were not going away we have our calendars marked every month for this meeting thank you clapping. if no other Public Comment ill close Public Comment and call item 2. Item 2 an action item approve the minutes of january 14th retirement Board Meeting. Is there a motion of adoption. Ill move. Open up for Public Comment on item 2 seeing none, Public Comment is closed. Jake and ill pout one amendment that staff proposed in a memo from norm a clarification of the ownership within the deferred managers report it should be in a packet before you thats in a memo form from norman. Okay. Ill give you a moment to review it. Ill read it to it is clarifying that well karens statement. It is just clarifying any statement at the Board Meeting the draft minutes are number one changed in the target date fund with the cap manager they reduce the number o
Acres the retirees was have you heard so many passionate pleas for your responsibility youve been very patient listening to us thank you for that many of my coworkers had to leave because theyre working but many are staying to the bitter end of the month to month we want you all to explain where you would put any money into an unwise have you ever known there are clearly all of the. 30 seconds. Well be here to hear our decision were not going away we have our calendars marked every month for this meeting thank you clapping. if no other Public Comment ill close Public Comment and call item 2. Item 2 an action item approve the minutes of january 14th retirement Board Meeting. Is there a motion of adoption. Ill move. Open up for Public Comment on item 2 seeing none, Public Comment is closed. Jake and ill pout one amendment that staff proposed in a memo from norm a clarification of the ownership within the deferred managers report it should be in a packet before you thats in a memo form fr