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Pension Board
Meetings
- 9:00 a.m. unless otherwise specified
- Second Wednesday in February, May, August, and November
- 205 Lawrence Street NE
4th Floor City Hall Conference Room (may be held in Council Chamber due to COVID-19)
Marietta, GA 30060
Upcoming Meetings
- Regular Meeting: Wednesday, August 12, 2020
Agendas & Minutes
Agendas are available prior to the meetings. Minutes are available following approval.
View Most Recent Agendas and Minutes
Members
| Representative |
Position | Term Information |
|---|---|---|
| William F. Bruton, Jr. (City Manager) |
Post 1 |
Duration of Position |
| Joseph Goldstein (Council Member, Chairman of the Finance and Investments Committee) |
Post 2 |
January 1, 2022 |
| Cheryl Richardson (Council Member, Chairman of the Personnel and Insurance Committee) |
Post 3 |
January 1, 2022 |
| Rich Buss (General Employee Representative, Director of Parks, Recreation, and Facilities) |
Post 4 |
December 31, 2022 |
| Patina Brown (General Employee Representative, Board Vice Chairman, Calculation Committee Chairman, Deputy Director of Finance) |
Post 5 |
December 31, 2022 |
| Bruce Bishop (General Employee Representative, Deputy Director of IT) |
Post 6 |
December 31, 2021 |
| Scott Reece (General Employee Representative, Sanitation Supervisor) |
Post 7 |
December 31, 2021 |
| Patrick Bonito, Jr. (Police Representative, Police Lieutenant) | Post 8 | December 31, 2022 |
| Bobby Moss (Fire Representative, Board Chairman, Calculation Committee Member, Fire Commander) |
Post 9 |
December 31, 2021 |
| Dan Flynn (Police Chief, Votes in absence of Police Representative) | Ex Officio | Duration of Position |
| Tim Milligan (Fire Chief, Votes in absence of Fire Representative) | Ex Officio | Duration of Position |
| Davy Godfrey (Secretary, Director of HR and Risk Management, Non-voting) | Ex Officio | Appointed yearly in February |
| Sam Lady (Treasurer, Director of Finance, Non-voting) | Ex Officio | Appointed yearly in February |
Pension Contacts
- Pension Board Attorneys: City Attorney Douglas Haynie from Haynie, Litchfield, Crane and White, P.C., and the law firm of Elarbee, Thompson, Sapp, and Wilson, LLP (primary attorneys R. Read Gignilliat and Patrick Lail)
- General Pension Consultant: CBIZ
- General Pension Actuary: Cavanaugh Macdonald Consulting, LLC
- General Pension Auditors: Nichols, Cauley & Associates, LLC
- General Pension Trust Custodial Services: Truist
- General Pension Investment Managers: Eagle Capital Management, LLC, Orleans Capital Management Corporation, Sage Advisory Services, Ltd. Co., Seizert Capital Partners, LLC, Victory Capital Management Inc., Westfield Capital Management Company, L.P.
- Securities Monitoring: Kessler, Topaz, Meltzer, & Check, LLP
- Supplemental Pension Plan Trustee/Recordkeeper: ICMA Retirement Corporation (ICMA-RC)
- Supplemental Pension Consultant: AndCo Consulting
Pension Board Duties & Functions
- Handle distribution of all reports to participants
- Handle arbitration between the city and the participants in all matters regarding the plan
- Handle any notices of eligibility, benefits, available options, and any other notices required by the plan, contract, or rules and regulations
- Decide all questions and disputes on the interpretation and eligibility of persons for payment under any pension, retirement, and disability ordinance of the City of Marietta
Pension Board Powers
- Recommend to the council the awarding of contract(s) for actuarial and investment management and other administrative services as needed
- Adopt rules and regulations providing procedures for the granting of pension, retirement, and disability benefits and to approve payments for such persons entitled to payment
- Adopt investment programs and procedures for funds held by any investment manager
- Adopt all documents issued by the board
- Review and recommend changes in the pension, retirement, and disability program
- When requested by the city manager, to advise the city manager on all pension, retirement, or disability payment matters
- To do all other things necessary and proper to carry out the duties required of it is as the pension board of the City of Marietta