SUBSTITUTE
Public Hearing: YES ☐ NO ☒ Department: Board of Commissioners - District 6
SUBJECT:
Title
Commission District(s): All Commission Districts
Reappointment to the DeKalb County Pension Board of Directors - John McMullan
Body
Information Contact: Commissioner Edward C. “Ted” Terry
Phone Number: 404-371-4909
PURPOSE:
Pursuant to Section 902 of Article XV of Appendix B, where the Board of Commissioners shall elect by a majority vote two (2) members of the DeKalb County Pension Board, Commissioner Edward “Ted” Terry nominates Mr. John McMullan for reappointment to the DeKalb County Pension Board in the position of Post 2. This is a four (4) year term which will expire June 30, 2026
NEED/IMPACT:
The DeKalb County Board of Commissioners is dedicated to the integrity and successful management of the DeKalb County Pension Fund as a means to fulfill obligations to pensioners, active employees participating in the Pension Program, and to maintaining the Pension Program as an attractive tool for recruiting and retaining employee Continuity of qualified, successful and experienced leadership on the Pension Board is instrumental to achieving these goals while minimizing the cost of the Pension System to DeKalb County Taxpayers.
Mr. McMullan has been an elected member in Post 2 and serves with distinction. He is exceedingly well qualified in financial analysis and investment management, as demonstrated by the accomplishments summarized in the attached resume. Mr. McMullan is willing and able to continue service on the DeKalb County Pension Board of Directors.
FISCAL IMPACT:
No cost to the County
RECOMMENDATION:
Recommended Action
To approve the reappointment of John McMullan to the DeKalb County Pension Board of Directors in Post 2 for a four-year term effective from July 1, 2022 and to its expiration on June 20, 2026.