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Trust approves consent agenda, presents service award and ratifies executive director evaluation and compensation
Summary
The board approved the consent agenda, presented a four-year service award to Debbie Hamlin, heard Treasurer Jose Espinos report net assets of approximately $1.096 billion and net positive fiscal-year change of $35.1 million, and approved the executive director's annual evaluation and contract compensation in a roll-call vote.
The El Paso City Employees Retirement Trust board approved its consent agenda, presented a four-year service award to trustee Debbie Hamlin and received routine reports from the treasurer and executive director. Trustees later approved the executive director's annual performance evaluation and the contract compensation as outlined in his agreement.
Treasurer presenter Jose Espinos reported the trust held about $1.092 billion in cash and investments with $2.2 million in receivables…
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