RETIREMENT COMMISSION MINUTES

The Retirement Commission met on Wednesday, September 22, 2021. The following members were
present: Chris Cullinan, Jason Vandever, Scott Hendrix, Chip Boyles, Heather Hill, Joe Hatter, Al
Elias, Markell Henderson, Ben Cullop. Absent: David Hughes. Others present: Brian Wheeler, Sara
Butler, Lisa Burch, Krisy Hammill, Greg McNeillie.

Call to Order
Jason Vandever called the meeting to order at 8:32 AM.

Approval of Minutes
The minutes from the June 2021 meeting were approved unanimously.

Annual Financial Review
Greg McNeillie from Dahab reviewed the previous fiscal year investment returns for the
Charlottesville Retirement System portfolio. He also updated the Commission on the progress
towards reducing energy investments per the ESG investment policy.

Administrative Update
Lisa Burch updated the Commission on the status of the approved changes to appointed member
terms. She also notified the Commission that meetings will continue to be virtual until City Hall is
completely opened. She requested feedback regarding the November and December meetings. It
was agreed to revisit the scheduling of those meetings at the October 27, 2021 meeting.

Adjournment
The meeting adjourned at 9:45 AM.