Description
Title: The City of Ann Arbor Employees’ Retirement System Board Meeting Minutes of January 15, 2026
Summary
The January 15, 2026, meeting of the City of Ann Arbor Employees' Retirement System Board addressed significant issues related to the management of the retirement fund. Key resolutions included the approval of military service credit purchases for two employees and the acknowledgment of a divorce judgment affecting retirement benefits. The Board also discussed the reversion of a retirement allowance to a straight life benefit following a divorce and approved a motion to grant disability retirement to an incapacitated employee. Additionally, the Board reviewed its service providers, deciding to terminate its contract with Meketa due to service issues and appoint Graystone as the new investment consultant. These actions are vital for ensuring the financial health and transparency of the retirement system, directly impacting current and future retirees' benefits.