Oklahoma County Retirement Board

 

Regular Meeting Agenda

 

2:30 p.m.

September 26, 2011

320 Robert S. Kerr, Room 201

Oklahoma City, OK

 

1.                  Call to order.

 

2.                  Notice of the meeting was properly posted on Wednesday, September 21, 2011.                                         

                                   

3.                  Approve the minutes of the meeting of August 29, 2011 and the Special Retirement Board meeting of September 12, 2011.

 

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

 

4.                  Discussion and possible action for approval of the September, 2011 Defined Benefit payroll.  This month there are 167 checks to be issued for 165 participants in the amount of $ 178,063.47. 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 August, 2011.  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 $10,526,358.89  and at Par Value of $10,339,003.45 as provided by the Bank of Oklahoma/LPL for August,              2011.  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 August, 2011, in the amount of $25,181.35 submitted by InvesTrust.  Monthly investment and administration fees are paid out of the County General Fund.  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 October, 2011, Mutual Fund Reimbursements to participants in the amount of $16,414.48.  The 2011 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 Billy Stiles (Application No. 11-23).  Effective Date: September 27, 2011.  (Document received)

 

10.              Discussion and possible action for approval of Defined Contribution retirement for Richard Buchanan (Application No. 11-22).  Effective Date: August 31, 2011.  (Document received)

 

11.              Discussion and possible action for approval of Defined Contribution retirement benefits for Richard Stimson (Application No. 11-20).  Effective Date: August 31, 2011.  (Document received)

 

12.              Discussion and possible action for approval of Defined Contribution retirement and health benefits for Betty Garlett (Application No. 11-21).  Effective Date: September 30, 2011.  (Document received)

 

13.              Discussion and possible action for approval of Defined Contribution retirement and health benefits for William D. Bryant (Application No. 11-24).  Effective Date: September 19, 2011.  (Document received)

 

14.              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)

 

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

 

16.              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, October 31, 2011.

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.