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SFGTV January 10, 2014 - Vimarsana News

SFGTV January 10, 2014

Highlighted that the more complexity that we bring to plan design, Plan Administration and so forth it has these impacts and we shouldnt sort of like bury it. We need to be make sure thats visible. I know that you guys are not quanderringing the assets of the plan or the trust and that but as were doing these things and even those they seem administratively simple many times they have these consequences and i wanted to to highlight that. Thank you. One of the things we will look at is our analytic sho. We hired the manager lorena coalridge to do that and she has two analysts and 100 of the tim...

SFGTV January 9, 2014 - Vimarsana News

SFGTV January 9, 2014

Process works to start our numbers when we come to you in february, so these instructions only apply to the general Fund Administrative budget because the trust fund budget is your purview and doesnt have to be approved by the Mayors Office or the board of supervisors. The Mayors Office has put out a report that says theyre projecting a deficit of 1. 7 million in 201415 and 118 million in 1516. These projections change as we go through the year. They have different reports. We get the results what theyre doing in the state and the federal government so they bounce the deficit around this amoun...

SFGTV January 12, 2014 - Vimarsana News

SFGTV January 12, 2014

The retirement is youre going to see some changes. Theres open labor contracts just to give you an idea a 1 Salary Increase in the general fund city wide is 20 million so obviously the people who are negotiating the contracts are going to be kind of solid and try not to get Salary Increases, and i also mentioned that there still is the Affordable Care act and other state and federal impacts that the governors proposed budget comes out in may. We never know what it is no, the revise is in may. The original one is in february i believe so that can also impact the general fund and its whatever el...

SFGTV January 10, 2014 - Vimarsana News

SFGTV January 10, 2014

Bury it. We need to be make sure thats visible. I know that you guys are not quanderringing the assets of the plan or the trust and that but as were doing these things and even those they seem administratively simple many times they have these consequences and i wanted to to highlight that. Thank you. One of the things we will look at is our analytic sho. We hired the manager lorena coalridge to do that and she has two analysts and 100 of the time on the system so we have minimal analytics on the areas where we need to be looking and that is one of the examples of the areas we want to spend mo...

SFGTV January 12, 2014 - Vimarsana News

SFGTV January 12, 2014

And we shouldnt sort of like bury it. We need to be make sure thats visible. I know that you guys are not quanderringing the assets of the plan or the trust and that but as were doing these things and even those they seem administratively simple many times they have these consequences and i wanted to to highlight that. Thank you. One of the things we will look at is our analytic sho. We hired the manager lorena coalridge to do that and she has two analysts and 100 of the time on the system so we have minimal analytics on the areas where we need to be looking and that is one of the examples of ...