VI UPDATE U.S. Virgin Islands Public Records TRANSCRIPT OF PUBLIC PROCEEDINGS Government of the Virgin Islands· Retirement System Board Meeting GERS Retirement System (Board of Trustees) May 28, 2020 · 0.1 hours · gov Source recording https://youtu.be/OZXvDTuoPOs 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. everybody ready okay i'd like to call to order the employees retirement system of the government of the virgin islands regular meeting of the board of trustees for thursday june 25th 2020. roll call please Trustee Caldwell? 0:00:00 Present. Trustee Bowery? Present. Trustee Clendenin? Excuse. I'm going to put excuse. Trustee Cohen? Present. Trustee Liger? Present. Trustee McDonnell? Absent. Trustee Smith? excused chairman connor present five present one absent two excuse thank you we have a forum um any letters anything from the retirees no okay I need approval of the Secretary's Minutes for the regular meeting held on May 28, 2020. Any suggestions, any corrections, deletions, additions? 0:00:33 If none, do you get a motion for approval? There is a move. I second. Thank you. Second. Who second? Liger. Thank you. Trustee Caldwell? Yes. 0:01:45 Trustee Bowery? Yes. yes trustee leiger yes trustee mcdonnell absent trustee smith excused chairman calendar yes five yes one absent one excuse okay thank you sir communications and correspondence is none none okay shaman's report i don't have official report i just want to make sure everyone is aware of the governor's uh plan to have a task force and i see it's on the agenda for discussing for discussion later on so i will make no other comments about it just to remind everyone that you know we did have a a task force uh in place in 2008 under governor de young and of course because Governor Mapp had the Mercer report. 0:02:18 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) · Government of the Virgin Islands· Retiremen 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. 2x Governor Kenneth Mapp heard in this transcript as: Mapp 2x Trustee Leona E. Smith heard in this transcript as: Smith 2x Trustee Vincent Liger heard in this transcript as: Liger 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