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VI UPDATE U.S. Virgin Islands Public Records TRANSCRIPT OF PUBLIC PROCEEDINGS GERS BOT·s Monthly Board Meeting 9/28/23 GERS Retirement System (Board of Trustees) September 28, 2023 · 0.1 hours · gov Source recording https://youtu.be/XB27WTppTcM Status This is NOT the official transcript. 3 V.I.C. § 884 requires the agency itself to make a verbatim record of its proceedings and reduce it to a transcript within sixty days. This is a working transcript produced by machine from a recording of the proceeding, offered as a finding aid. Transcribed by VI Update, using OpenAI Whisper large-v3-turbo, run locally. Not reviewed by a person. Reliability Automatic transcription, UNVERIFIED. Verify every quotation against the recording before relying on it. Speech recognition splits spoken digits and wraps figures mid-number, so a dollar amount, a vote count or a bill number can be wrong in a way that reads as correct. Speakers are not identified: automatic speaker labelling was measured unusable and removed. Public record The underlying proceeding is a public record, and this body is NAMED as a governmental agency in 1 V.I.C. § 253(b), so its meetings are open to the public under § 254. 3 V.I.C. § 884 requires it to make a verbatim record of each proceeding and reduce it to a transcript within sixty days, and § 884(b) makes that transcript open to examination under § 881, which also gives every citizen the right to copy it and the news media the right to publish it. The source recording is not ours, is not hosted here, and remains with its publisher at the link above. Rights To what we added · the transcription, its arrangement and its description · we assert nothing. A verbatim transcript is mechanical rather than authored, so there is likely nothing in it to own; to the extent any copyright is nonetheless found to subsist, it is dedicated to the public domain under CC0 1.0. Please copy it, quote it, index it, train on it, republish it, mirror it, sell it. Redistribution is the point: a public record with one copy is one fire from gone. No permission is needed, and none is ours to grant or withhold. okay all right good morning everyone yes it's towards it September 28 meeting of the government employees retirement system board of trustees is there by call to order I'm a roll call please mr. chair yes good morning mr. chairman morning all in attendance Um, Trustee Nellen L. Bari. Present. Present. 0:00:00 Trustee Bari, present. Trustee Andre Dorsey. Present. Trustee Dorsey, present. Trustee Vincent Liger. Recording stopped. Recording in progress. Trustee Vincent Liger. Absent. trustee ex-officio member uh cindy richardson present oh present present present the ronald e russell president trustee russell present trustee leona smith present trustee smith present trustee duane colwood present trustee colwood present mr chairman uh six present one absent all right thank you um next item do we have any comments and suggestions from retirees uh mr chairman for the sorry for the purposes of our record keeping any members of the press, in addition to retirees present, can we assess whether we have any press or retirees present remotely? 0:00:33 Are there any members of the media or retirees that are on the meeting virtually? Okay, apparently none. Do we have any comments on- it quite a point information uh chair okay you can catch me go ahead i'd like to move into i'd like to reorder the agenda to move into uh executive session i do have a short day today do i have a second to the motion second well yeah well let me let me step back they have to read the um without the purpose of going into executive session as stated on the agenda oh yes correction we just reorder the agenda so yes yes motion to reorder the agenda moved by trustee dolce seconded by trustee russell have our welcome please mr administrator yes mr yes mr chairman Dronner option Dr.: Trustee Borrie? 0:02:00 correct. Dr.: Yes. Dr.: Trustee Borrie, yes. Dr.: Trustee Dorsey? correct. Dr.: Yes. Dr.: Trustee Dorsey, yes. Trustee Liger, absent. Dr.: Trustee Russell? correct. Okay. Dr.: Trustee Russell, yes. Trustee Smith? correct. Trustee Smith, yes. Trustee Calwood? correct. Yes. Dr.: Trustee Calwood, yes. Mr. Chairman five, yes. Six, one absent. wolf. Dr.: Okay, so now can I have a motion to mentee the ···al · Gentleman? motion motion to go into the 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 legal matters matters whose premature disclosure will frustrate the implementation of the proposed agency 0:03:09 Machine transcript · UNVERIFIED. Verify every quotation against the recording. Speakers are not identified. VI Update · usvipublicrecords.com · public record, no rights asserted (CC0 1.0) 1 of 2 GERS Retirement System (Board of Trustees) · GERS BOT·s Monthly Board Meeting 9/28/23 actions so moved second okay moved by trustee dorsey seconded by trustee russell camera roll call please yes uh trustee barry yes yes trustee barry yes trustee dorsey yes trustee dorsey yes trustee liger trustee liger absent trustee russell yes trustee russell yes trustee smith yes trustee smith yes trustee colwood yes trustee colwood yes mr chairman five yes one absent okay so let's take two minutes um let's reset for two minutes and then we'll be Take care. Take care. Pedro. Thank you. We have to go. Good morning. together together one more minute we'll be out here as soon as um i went at tony williams okay yeah yeah my grandson with me they closed down uh what's in school yeah which yeah he had no place to go hey let's go let's go let's see with me what i don't know where it's from sequoia especially it's quite rough okay we're back it's richardson nice having you thank you we're back in back um we're back in regular session during executive session the board discuss um some personal matters as well as some matters that were heard by the systems medical review committee and recommendations from the committee um do i have motion motion to adjourn second second motion to adjourn move by trusty dorsey seconded by trusty russell have a roll call please trusty boyd yes trusty dorsey yes to russell yes trusty smith 0:04:42 trusty coward yes mr chairman for yes all right this meeting of the general the government deploys retirement system board of trustees for september 28 2023 is hereby adjoin thank you very much ladies and gentlemen thank you all right thank you thank you mikey let's go You 0:06:40 People named in this transcript SUSPECTED, and a finding aid only. Names were matched by machine against the spellings used across all 426 of our transcripts, and the title is the one used in the room. Being named here is NOT evidence that a person attended or spoke · only that the name was said. Speech recognition mishears names, so a spelling may be wrong even where no alternative is offered. 5x Trustee Andre Dorsey heard in this transcript as: Dorsey 4x Trustee Vincent Liger heard in this transcript as: Liger 3x Trustee Leona E. Smith heard in this transcript as: Smith 3x Trustee Ronald Russell heard in this transcript as: Russell Machine transcript · UNVERIFIED. Verify every quotation against the recording. Speakers are not identified. VI Update · usvipublicrecords.com · public record, no rights asserted (CC0 1.0) 2 of 2