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MEMORANDUM
TO:
Honorable Mayor and Members DATE: July 18, 2025
of the City of Miami Commission
FROM: E hard Hernandez
Pension Administrator
SUBJECT: City of Miami General
Employees' & Sanitation
Employees' Retirement
Trust FY 2025/2026
Budget Approval
Enclosed is the budget for the City of Miami General Employees' & Sanitation Employees'
Retirement Trust Fund for Fiscal Year 2025/2026. The Board of Trustees approved this budget at
the Board Meeting on April 25, 2025.
We respectfully request your approval of this budget at your meeting scheduled for September 13,
2025.
Enclosures
CC: Board of Trustees
Ronald A. Silver, Legal Counsel
Arthur Noriega, City Manager
2901 Bridgeport Avenue • Coconut Grove, Florida 33133-3607 • Telephone (305) 441-2300 • Fax (305)441-2307 • www.gese.org