Agenda & Secretary’s Minutes for February 11, 2022 Special BOT Meeting
GOVERNMENT EMPLOYEES’ RETIREMENT SYSTEM OF THE VIRGIN ISLANDS SPECIAL MEETING OF THE BOARD OF TRUSTEES St. Thomas/St. Croix via Zoom Friday, February 11, 2022 3:30 pm ** AGENDA ** I. Call to Order II. Roll Call III. EXECUTIVE SESSION This portion of the meeting will be closed to the public for matters pertaining to trade secrets / or financial or commercial information/ or personal/ or legal matters; or matters whose premature disclosure will frustrate the implementation of the proposed agency action. A. Unfinished Business (i). Legal Matters IV. REGULAR SESSION V. Privileges of the Floor VI. Adjournment GOVERNMENT EMPLOYEES’ RETIREMENT SYSTEM MINUTES BOARD OF TRUSTEES SPECIAL MEETING February 11, 2022 1 A Special Meeting of the Board of Trustees was held on February 11, 2022. The meeting was held via Zoom and was called to order at 3:32pm. At roll call, Trustees present were Callwood, Liger, Smith, and Bowry. Trustees not present were Dorsey, McDonald, ex-officio member Cindy Richardson, and Russell A quorum was established with 4 voting trustees present. …
Download the original document · Plain text (TXT) · Browse the archive · How this archive works
Original source: https://www.usvigers.com/wp-content/uploads/2021/07/Agenda-Secretarys-Minutes-for-February-11-2022-Special-BOT-Meeting.pdf
SHA-256 6160afd11e8eaa3132c6953d9234d5a67db85fca8254d53237188adf75c9d268
Re-using this document
RIGHTS UNSTATED (territorial): a V.I. instrumentality, no terms page, publishes as a territorial public record (H11)
Our description, tagging, arrangement, extracted text and machine transcripts are released under CC0 1.0. We assert nothing about the document itself.
Archive identifier LF-6160afd11e8e
Document text
GOVERNMENT EMPLOYEES’ RETIREMENT SYSTEM OF THE VIRGIN ISLANDS SPECIAL MEETING OF THE BOARD OF TRUSTEES St. Thomas/St. Croix via Zoom Friday, February 11, 2022 3:30 pm ** AGENDA ** I. Call to Order II. Roll Call III. EXECUTIVE SESSION This portion of the meeting will be closed to the public for matters pertaining to trade secrets / or financial or commercial information/ or personal/ or legal matters; or matters whose premature disclosure will frustrate the implementation of the proposed agency action. A. Unfinished Business (i). Legal Matters IV. REGULAR SESSION V. Privileges of the Floor VI. Adjournment GOVERNMENT EMPLOYEES’ RETIREMENT SYSTEM MINUTES BOARD OF TRUSTEES SPECIAL MEETING February 11, 2022 1 A Special Meeting of the Board of Trustees was held on February 11, 2022. The meeting was held via Zoom and was called to order at 3:32pm. At roll call, Trustees present were Callwood, Liger, Smith, and Bowry. Trustees not present were Dorsey, McDonald, ex-officio member Cindy Richardson, and Russell A quorum was established with 4 voting trustees present. Staff in attendance: Austin Nibbs, Administrator, Cathy Smith, General Counsel, Ishmael Meyers, Deputy General Counsel, Nikia Coley, Administrative Assistant to the Board of Trustees, and LeSean Moses, IT. Also, present in the meeting were Pedro Williams, Board Counsel and Kelsha Williams, Associate in Law Firm of Pedro K. Williams. Regular Session The Chairman stated that the purpose of the meeting was to consider a Settlement Agreement between the GERS and the GVI as required by Act No. 8540 (Bill No. 34-0188). A motion was made by Trustee Smith and seconded by Trustee Liger to go into Executive Session to discuss matters pertaining to trade secrets/or financial or commercial information/or personal/or legal matters; or matters whose premature disclosure will frustrate the implementation of the proposed agency action. The motion passed 4 yes (Callwood, Liger, Smith, and Bowry). 3 absent (Dorsey, McDonald, and Russell). Executive Session A motion was made by Trustee Smith and seconded by Trustee Callwood to come out of Executive Session. The motion passed 4 yes (Callwood, Liger, Smith, and Bowry). 3 absent (Dorsey, McDonald, and Russell). Regular Session Privileges of the Floor None A motion was made by Trustee Smith and seconded by Trustee Callwood to adjourn the meeting. The motion passed 4 yes (Callwood, Liger, Smith, and Bowry). 3 absent (Dorsey, McDonald, and Russell). The meeting was adjourned at 4:55pm. _________________________ Austin L. Nibbs, CPA, CGMA Administrator/CEO Secretary, GERS Board of Trustees