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File #: 241931    Version: 0
Type: Communication Status: Placed On File
File created: 4/2/2025 In control: COMMON COUNCIL
On agenda: Final action: 4/22/2025
Effective date:    
Title: Communication from the City of Milwaukee Employes' Retirement System relating to the effect of recent economic fluctuations on the City's pension plan.
Sponsors: ALD. COGGS
Indexes: EMPLOYES RETIREMENT SYSTEM, PENSIONS, REPORTS AND STUDIES
Attachments: 1. ERS Analysis Presentation, 2. Hearing Notice List
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
4/22/20250 COMMON COUNCIL PLACED ON FILEPass15:0 Action details Meeting details Video Video
4/16/20250 FINANCE & PERSONNEL COMMITTEE RECOMMENDED FOR PLACING ON FILE

Minutes note: Appearing: Jerry Allen, Employes' Retirement System Larry Langer, Cavanaugh Macdonald Consulting, LLC (actuary) David Silber, Employes' Retirement System A presentation was given on potential impact of market downturn on ERS employer contributions, which is contained in the file. 		Pass5:0 Action details Meeting details Video Video
4/2/20250 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available

Number

241931

Version

ORIGINAL

Reference

 

Sponsor

ALD. COGGS

Title

Communication from the City of Milwaukee Employes' Retirement System relating to the effect of recent economic fluctuations on the City's pension plan.

 

Requestor

 

Drafter

CC-CC

Laurie Phillip

4/2/2025