OKLAHOMA COUNTY RETIREMENT BOARD

 

Regular Meeting Agenda

 

2:30 p.m.

November 30, 2009

320 Robert S. Kerr, Room 201

Oklahoma City, OK

 

1.                  Call to order.

 

2.                  Notice of the meeting was properly posted Wednesday, November 25, 2009.

 

3.                  Approve the minutes of the meeting of October 26, 2009.

 

 The following items, No. 4 through 8 are Consent Items and are routine in nature:

 

4.                  Discussion and possible action for approval of the November 2009 Defined Benefit payroll.  This month there are 180 checks to be issued for 178 participants in the amount of $187,138.46. This item is requested by Carolynn Caudill, County Clerk, and Secretary to the Retirement Board. (Document received)

 

5.                  Discussion and possible action for approval of Security Trades and Interest Report for October 2009.  Mark Seikel, Chief of Investments, Oklahoma County Treasurer, will address this item.  (Document received)

 

6.                  Discussion and possible action for approval of Outstanding Retirement Investments at Market Value of $12,884,486.89 and at Par Value of $12,782,748.70 as provided by the Bank of Oklahoma/LPL for October 2009.  Mark Seikel, Chief of Investments, Oklahoma County Treasurer, will address this item.  (Document received)

 

7.                  Discussion and possible action for approval of monthly investment and administration fees for October 2009 in the amount of $22,764.51 submitted by InvesTrust.  Monthly investment and administration fees are paid out of the OKIE account.  This item is requested by Carolynn Caudill, County Clerk, and Secretary to the Retirement Board.  (Document received)

 

8.                  Discussion and possible action to approve funds to be transferred to escrow account for December 2009 Mutual Fund Reimbursements to participants in the amount of $15,459.39.  The 2009 Mutual Fund Reimbursements to participants are paid out of the OKIE account.  This item is requested by Carolynn Caudill, County Clerk, and Secretary to the Retirement Board. (Document received)

 

End of Consent Docket

 

 

9.                  Discussion and possible action for approval of Defined Contribution retirement and health benefits for Richard McDonald (Application No. 09-24) Effective Date: November 1, 2009. (Document received)

 

10.              Discussion and possible action for approval of Defined Benefit survivor spouse retirement benefits only for Edna Swindler (Application No. SS 09-02) Effective Date: December 1, 2009. (Document received)

 

11.              Discussion and possible action to receive the monthly updated OKIE Forfeiture Account Activity and projections. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board.  (Document received)

 

12.              Discussion and possible action to receive the quarterly statements provided by InvesTrust for the period of October 1, 2009 through October 31, 2009 for the Defined Contribution Retirement Plan.  This item is requested by Carolynn Caudill, County Clerk, and Secretary to the Retirement Board.  (Document received)

 

13.              Discussion and possible action to receive the Audit and Financial Statement of the Employee’s Retirement System of Oklahoma County as prepared by Johnston & Ahlschwede, P.C. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board.  (Document received).

 

14.              Discussion and possible action to approve payment in the amount of $3,800.00 to Johnston & Ahlschwede, P.C. for preparation of the Financial Statement and Audit.  This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board.  (Document received)

 

15.              Discussion and possible action to approve payment in the amount of $5,253.24 to Milliman Consultants & Actuaries, P.C. for annual pension services. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board.  (Document received)

 

16.              Discussion and possible action to receive the Annual Report of the Board of Trustees Oklahoma County Defined Benefit Retirement Plan. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board.  (Document received)

 

17.              Discussion and possible action for approval of the 2010 regular scheduled Retirement Board Meetings. This item is requested by Carolynn Caudill, County Clerk, and Secretary to the Retirement Board.  (Document Received).

 

 

18.              Citizen’s participation.  Any citizen wishing to address the Board of Trustees of the Employees Retirement System may do so at this time.

 

19.              New Business: In accordance with the Open Meetings Act, Title 25 O.S. § 311.A.9, New Business is defined, as "any matter not known about or which could not have been reasonably foreseen prior to the time of posting the Agenda".

 

 

Adjourn at _____________ until 2:30 p.m. Monday, December 28, 2009.

 

NAME OF PERSON REPORTING:   Carolynn Caudill, County Clerk                     

 

TITLE: SECRETARY TO:   Board of Trustees of the Employees Retirement System of Oklahoma County                                 

 

SIGNATURE: Carolynn Caudill, by:                                   , Deputy.