Regular Meeting
Agenda
2:30 p.m.
January 25, 2010
320 Robert S.
Kerr, Room 201
1. Call to order.
2. Notice of the meeting was properly posted Wednesday, January 20, 2010.
3. Approve the minutes of the meeting of December 28, 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 January
2010 Defined Benefit payroll. This month
there are 180 checks to be issued for 178 participants in the amount of
$187,803.93. This item is requested by Carolynn Caudill,
5. Discussion and possible action for approval of Security Trades and Interest Report for December 2009. Mark Seikel, Chief of Investments, Oklahoma County Treasurer’s Office, will address this item. (Document received)
6. Discussion and possible action for approval of Outstanding Retirement Investments at Market Value of $12,624,789.19 and at Par Value of $12,484,768.14 as provided by the Bank of Oklahoma/LPL for December 2009. Mark Seikel, Chief of Investments, Oklahoma County Treasurer’s Office, will address this item. (Document received)
7.
Discussion and possible action for approval of monthly
investment and administration fees for December 2009 in the amount of $23,796.42 submitted by InvesTrust. Monthly investment and administration fees
are paid out of the OKIE account. This
item is requested by Carolynn Caudill,
8.
Discussion and possible action to approve funds to be
transferred to escrow account for February 2010 Mutual Fund Reimbursements to
participants in the amount of $15,679.18. The 2010 Mutual Fund Reimbursements
to participants are paid out of the OKIE account. This item is requested by Carolynn Caudill,
End of Consent Docket
9.
Discussion and possible action to receive the
Compliance statement for the Oklahoma County Employees Defined Contribution
Retirement System from the Internal Revenue Service. This item is requested by
Ray Vaughn,
10.
Discussion and possible action to receive the monthly
updated OKIE Forfeiture Account Activity and projections. This item is
requested by Carolynn Caudill,
11. Discussion and possible action regarding the stable asset fund and crediting minimum required interest rate to participants or taking legal action to get proper rate credit for calendar year 2009. This item is requested by Bob Ravitz, Trustee (No document received)
12. Discussion and possible action to change stable asset fund. This item is requested by Bob Ravitz, Trustee. (Document received)
13. Citizen’s participation. Any citizen wishing to address the Board of Trustees of the Employees Retirement System may do so at this time.
14. 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. February 22, 2010.
NAME OF PERSON REPORTING: Carolynn
Caudill,
TITLE: SECRETARY TO: Board
of Trustees of the Employees Retirement System of
SIGNATURE: Carolynn
Caudill, by: , Deputy.