Regular Meeting
Agenda
2:30 p.m.
March 28, 2011
320 Robert S.
Kerr, Room 201
Oklahoma City,
OK
1. Call to order.
2. Notice of the meeting was properly posted on Wednesday, March 23, 2011.
3. Approve the minutes of the meeting of February 28, 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 March,
2011 Defined Benefit payroll. This month
there are 168 checks to be issued for 166 participants in the amount of $ 177,868.75.
This item is requested by Carolynn Caudill,
5. Discussion and possible action for approval of Security Trades and Interest Report for February, 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 $10,689,585.90 and at Par Value of $10,595,312.67 as provided by the Bank of Oklahoma/LPL for February, 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 February, 2011, in
the amount of $27,085.51 submitted by InvesTrust. Monthly investment and administration fees
are paid out of the County General Fund.
This item is requested by Carolynn Caudill,
8.
Discussion and possible action to approve funds to be
transferred to escrow account for April, 2011, Mutual Fund Reimbursements to
participants in the amount of $17,635.76.
The 2011 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 for approval of Defined Contribution retirement and health benefits for Billy Lewis (Application No. 11-04). Effective Date: March 1, 2011. (Document received)
10. Discussion and possible action for approval of Defined Contribution retirement and health benefits for Garry Chartney (Application No. 11-05). Effective Date: March 31, 2011. (Document received)
11. Discussion and possible action for approval of a one-time catch-up payment to Defined Benefit retiree Ralph Coleman in the amount of $12,020.32. He qualified under the rule of 62, effective 12/1/2008. He started to receive retiree payments effective February, 2011. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. (Document received)
12. Discussion and possible action for approval of a one-time catch-up payment to Defined Benefit retiree Sylvia Vargas in the amount of $5,386.69. She qualified under the rule of 62, effective 7/1/2009. She started to receive retiree payments effective February, 2011. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. (Document received)
13.
Discussion and possible action to set the time(s) and
date(s) for a special election to fill the term of office for the retiree
member of the Oklahoma County Retirement System. Such candidate pursuant to 19 O.S. 952.1 (A)
(4) must be a retiree of
14. Discussion and possible action to approve the new Nationwide 457 plan document and to participate in the ProAccount option. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. (Document received)
15. 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)
16. Discussion and possible action for approval of a transfer of funds from the OKIE account to the Defined Benefit Plan to be invested by the County Treasurer with an effective date. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. (No Document)
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, April 25, 2011.
NAME OF PERSON REPORTING: Carolynn
Caudill,
TITLE: SECRETARY TO: Board
of Trustees of the Employees Retirement System of
SIGNATURE: Carolynn
Caudill, by: ,
Deputy.