Retirement Trust Board 6/17/2026

The City of El Paso Employees Retirement Trust Board held a regular meeting on June 17, 2026. The meeting included a presentation of a staff service award to retiring board member Mr. David Garcia, recognizing his over 13 years of dedicated service. The board reviewed financial reports detailing the trust's assets, investment performance, and benefits paid to retirees, noting strong investment returns exceeding targets. The investment consultant provided an update on market conditions and fund performance, highlighting positive fiscal year-to-date returns. The executive director discussed upcoming mandatory board member training and upcoming board officer elections. In executive session, the board addressed the recruitment of a new executive director and approved a motion to cover travel and related expenses for candidates invited for in-person interviews, reflecting procurement-related decisions. The meeting concluded with adjournment motions passed by the board.