General Pension Board - November 12, 2025

General Pension Board of Trustees · November 12, 2025

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Call to order and quorum

Presentation

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Meeting called to order at 11:32 a.m.; chair verifies quorum and lists trustees present (Laura Mittler, Amy Miller, William Wells, Mick Novoda, Deborah Little, Cheryl Jackson).

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The General Pension Board of Trustees met on Nov. 12, 2025 in Pensacola. Trustees approved an in-kind transfer of about $3.9 million stuck in a UBS real‑estate fund into a new Cohen & Steers listed/private real estate strategy, approved replacing an underperforming manager with a Fidelity 500 index fund, agreed to a workshop on proposed benefit changes, and handled routine payments and pension notices.

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