Appoint Catherine MacLeod as the Mayor's designee to the Board of Trustees of the Bureau of Fire and Police Disability and Retirement

As Mayor, I request Council confirmation of the following appointment to the Fire and Police Disability and Retirement Board of Trustees. Appointment Term Start Date Catherine MacLeod November 1, 2023 On June 14, 2006, the City Council referred a series of charter amendments to the voters of the City of Portland to reform the FPDR system. The charter amendments called for the appointment of a five-person FPDR Board of Trustees, including the Mayor or Mayor's designee, who shall be nominated by the Mayor and approved by City Council. Per the City Charter, Section 5-201(a), neither the Mayor nor the Mayor's designee shall be an active or past Member or beneficiary of the Fund or have been employed by the City of Portland Bureau of Fire or Bureau of Police. Biography Catherine MacLeod has extensive public pension actuary experience and an excellent understanding of the FPDR pension plan. Catherine has focused on post-employment benefits for public sector clients since 2008. In addition, she is presently a Citizen Trustee on the FPDR Board of Trustees, being appointed in 2017. She is an engaged trustee who reviews all board materials and asks detailed and direct questions. In addition, she is willing to question Milliman, FPDR’s actuarial firm, and the FPDR staff when additional information is needed. Catherine also provides excellent input on FPDR issues and is eager to help the FPDR finance staff when they need an opinion on actuarial or finance issues. Statement of interest It has been my pleasure and privilege over the past 6 years to serve as a Citizen Trustee and to work alongside my co-trustees on behalf of the police and fire members and their dependents to support the FPDR program. I look forward to serving as the Mayor’s designee so that we can continue to support this very important benefit program. I am nominating Catherine MacLeod as the Mayor's designee to the Fire and Police Disability and Retirement Board of Trustees and am seeking the Council's approval. Catherine MacLeod will serve at my behest until I withdraw my designation. Respectfully submitted, Ted Wheeler Mayor