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Meeting Date:
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5/30/2024 - 5:30 PM
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Category:
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Report of the Committee on Accountability, Finance, and Personnel (AFP)
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Type:
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Action
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Subject:
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9. Action on a Request to Approve the Milwaukee Teachers' Education Association's ("MTEA") Nomination to the Retirement Plan Committee
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Strategic Plan Compatibility Statement:
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Goal 3 Effective and Efficient Operations
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Attachments
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File Attachment:
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Background:
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In December 2022, the Milwaukee Board of School Directors approved the establishment of the Retirement Plan Committee (RPC), and its guiding charter, to oversee the Milwaukee Public Schools 403(b) Plan, Milwaukee Board of School Directors Supplemental Retirement Plan for Teachers (“Teacher Plan”) and the Milwaukee Board of School Directors Early Retirement Supplement and Benefit Improvement Plan (“Administrators Plan”).
The Milwaukee Teachers' Education Association holds membership on the RPC per the RPC's charter. This membership was recently made vacant with the departure of then MTEA President, Amy Mizialko.
The RPC has been notified that the MTEA wishes to nominate current MTEA President, Ingrid Walker-Henry. Per the RPC's charter, this nomination requires an approval by the Board by majority vote.
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Fiscal Impact Statement:
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N/A
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Implementation and Assessment Plan
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Upon approval by the Board, the membership of the MTEA on the RPC will be updated, consistent with the RPC charter.
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Recommendation:
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Your Committee recommends the Board approve the nomination of MTEA President, Ingrid Walker-Henry, to the membership of the Retirement Plan Committee.
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Approvals:
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Recommended By:
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Signed By:
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Jill Kawala - Interim Director/Board Clerk
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