Oklahoma County Retirement Board

 

Regular Meeting Agenda

 

2:30 p.m.

November 28, 2011

320 Robert S. Kerr, Room 201

Oklahoma City, OK

 

1.                  Call to order.

 

2.                  Notice of the meeting was properly posted on Tuesday, November 22, 2011.                                        

                                   

3.                  Approve the minutes of the meeting of October 31, 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 November, 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 October, 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 $10,223,367.01 and at Par Value of $9,990,944.13 as provided by the Bank of Oklahoma/LPL for October,                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 October, 2011, in the amount of $25,493.20 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 December, 2011, Mutual Fund Reimbursements to participants in the amount of $18,358.51.   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 Calixto Deligero (Application No. 11-28).  Effective Date: November 30, 2011.  (Document received)

 

10.              Discussion and possible action for approval of Defined Contribution retirement and health benefits for Thomas Pickard (Application No. 11-29).  Effective Date: November 30, 2011.  (Document received)

 

11.              Discussion and possible action for approval of Defined Benefit retirement for Earnestine Looney (Application No.  11-07). Effective Date:  April 1, 2011.  (Document received)

 

12.              Discussion and possible action for approval of a one-time catch-up payment to Defined Benefit retiree Earnestine Looney in the amount of $4,871.12. She qualified under the rule of 62, effective 4/1/2011. She will start to receive retiree payments effective December, 2011. 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 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)

 

14.              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).

 

15.              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).

 

16.              Discussion and possible action for approval of the 2012 regular scheduled Retirement Board Meetings. This item is requested by Carolynn Caudill, County Clerk, and Secretary to the Retirement Board.  (Document Received).

 

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

 

 

 

18.              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 19th, 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.