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Council committee forwards pension Investment Policy Statement changes for review

Marietta City Council (work session / committee meetings) · November 25, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The personnel committee reviewed proposed amendments to the consolidated pension Investment Policy Statement to reflect OCGA 47-20-84 (increasing alternatives from 15% to 20%) and administrative updates; members moved an amended ordinance for first reading at the full council.

At the personnel committee, Speaker 5 presented revisions to the consolidated pension plan Investment Policy Statement (IPS), saying the changes incorporate OCGA 47-20-84 and adjust allowable ranges for alternative investments from 15% to 20% on page 9 of the draft.

Speaker 5 explained the revisions also include…

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