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Ryan L. Butler <br />Clerk of Circuit Court & Comptroller <br />1801 27+h Street <br />Vero Beach, FL 32960 <br />Telephone: (772) 226-3100 <br />TO: Board of County Commissioners <br />FROM: Elissa Nagy, Chief Deputy Comptroller <br />THRU: Ryan L. Butler, Clerk of the Circuit Court and Comptroller <br />DATE: December 8, 2023 <br />SUBJECT: Updates to the Other Post -Employment Benefits Investment Policy <br />BACKGROUND <br />During the Investment Advisory Committee meeting on December 7, 2023, the committee <br />recommended a few updates and additions to the County's Other Post -Employment Benefits Trust <br />Investment Policy. These changes included updating title references, adding an "Investment <br />Decisions" section to include the recommended language under House Bill 3, and some minor <br />grammatical changes. <br />RECOMMENDATION <br />Staff recommends that the Board of County Commissioners accept the Other Post -Employment <br />Benefits Trust Policy changes. Attached is a complete policy with the recommended changes as <br />well as a track changes version. <br />90 <br />