Board of Trustees - IN-PERSON ONLY

Detroit General Retirement System

Finance

Wednesday, Oct. 18, 2023
10:00 a.m. — 12:00 p.m. EDT

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500 Woodward Ave Detroit, MI 48226 (Directions)

Suite 300

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Reporting

Edited and summarized by the Detroit - MI Documenters Team

Note-taking by Perry Sylvester

Board agrees to sell Life Assurance Fund for $1.3 million. Annual premiums are $850,000 and rising, with no guarantee of when the investment would pay out.

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Audio by A J Johnson

Board agrees to sell Life Assurance Fund for $1.3M; payout if held roughly $5M, but annual premiums $850k and rising.

Detroit General Retirement System, Board of Trustees Meeting 10-18-2023

Board of Trustees for the Detroit Retirement Board met with stakeholders and others for the general meeting 10-18-2023

Attachments

7 attachments

Transcript and recording

By Noah Kincade ⋅ October 18th, 2023

Otter transcript: General Retirement System of Detroit Board of Trustees, 10/18/23

GRSD Meeting Agenda

By Perry Sylvester ⋅ October 18th, 2023

Agenda for 10-18-2023 meeting

HB 4346

By Perry Sylvester ⋅ October 18th, 2023

Bill as presented, to amend Open Meetings Act

Agenda

October 18th, 2023

Minutes

October 18th, 2023

Agency Information

Detroit General Retirement System

www.rscd.org

See Documenters reporting

The General Retirement System of the City of Detroit is a program helps Detroit families plan for the economic challenges of retirement, disability or death.