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GERS board approves minutes, treasurer’s and investment reports; FY2026 budgets deferred to executive session
Summary
On Sept. 25 the GERS Board approved the minutes from Aug. 21, accepted the treasurer’s receipts/disbursements report for August and accepted the investment officer’s report for the period ending Aug. 31; trustees deferred some FY2026 budget discussion to executive session because it included personnel items.
The Government Employees Retirement System Board of Trustees approved the minutes of the Aug. 21, 2025 meeting and accepted the treasurer’s and investment officer’s reports at its Sept. 25 meeting.
A motion to approve the secretary’s minutes for Aug. 21 was moved and seconded and passed by roll call. Trustees who voted yes on the minutes as recorded in the transcript included Trustee Clark, Trustee Dorsey, Trustee Leger, Trustee Russell, Trustee Smith and Trustee Howard.
The treasurer’s report for the month ending Aug. 31, 2025, presented at the meeting, showed collections for August including loan repayments ($751,463 for the month), rent from tenants…
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