Regular Meeting
Agenda
2:30 p.m.
April 26, 2010
320 Robert S.
Kerr, Room 201
1. Call to order.
2. Notice of the meeting was properly posted Wednesday, April 21, 2010.
3. Approve the minutes of the meetings of March 29, 2010.
The following items, No. 4 through 8 are
Consent Items and are routine in nature:
4.
Discussion and possible action for approval of the April
2010 Defined Benefit payroll. This month
there are 177 checks to be issued for 175 participants in the amount of
$187,092.66. This item is requested by Carolynn Caudill,
5. Discussion and possible action for approval of Security Trades and Interest Report for March 2010. 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 $12,151,294.33 and at Par Value of $11,954,073.83 as provided by the Bank of Oklahoma/LPL for March 2010. 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 March 2010 in
the amount of $24,741.37 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 March 2010 Mutual Fund Reimbursements to
participants in the amount of $15,976.39. 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 for approval of Defined Benefit survivor spouse retirement benefits only for Margie Briggs (Application No. SS 10-04). Effective Date: April 1, 2010.
10. Discussion and possible action for approval of Defined Contribution retirement and health benefits for Helen Brodeur (Application No. 10-05). Effective Date: April 1, 2010.
11. Discussion and possible action for approval of Defined Contribution retirement and health benefits for George Brown (Application No. 10-06). Effective Date: May 1, 2010.
12.
Discussion and possible action to approve reimbursement
of Mauri Hubbard’s retirement account for contributions and earning not made
during the months of November 2009 through March 2010. If approved, the total amount to be paid from
the OKIE Forfeiture account is $1,472.04. This item is requested by Carolynn
Caudill,
13.
Discussion and possible action to approve reimbursement
of Jack Pruner’s retirement account for contributions and earnings not made
during the months of May 2009 through March 2010. If approved, the total amount to be paid from
the OKIE Forfeiture account is $4,477.44.
This item is requested by Carolynn Caudill,
14.
Discussion and possible action for approval of the notice/application
for the 2010 Retirement Board Trustee vacancies. This item is requested by Carolynn Caudill,
15.
Discussion and possible action to approve printing of
election ballots and in-person absentee voting ballots with an estimated
expenditure not to exceed $600.00. This item is requested by Carolynn Caudill,
16.
Discussion and possible action to receive the quarterly
statement for the Defined Benefit Retirement Plan for the period of January 1,
2010 through March 31, 2010. This item
is requested by Carolynn Caudill,
17.
Discussion and possible action to receive the monthly
updated OKIE Forfeiture Account Activity and projections. This item is
requested by Carolynn Caudill,
18.
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
19.
Discussion and possible action to receive the State
Street Wrap Contract for the Oklahoma County Defined Contribution Plan. This item is requested by Carolynn Caudill,
20. Discussion and possible action regarding the plan fund review presentation provided by InvesTrust, N.A. regarding the Defined Contribution and 457 plans. This item is requested by Bob Ravitz, Trustee. (Document Received)
21. Executive Session for the purpose of discussing the following:
a. Pursuant to 25 O. S. § 307 B.1 & B.7 regarding the eligibility of Defined Contribution disability retirement for Rayle Hobby (Application No. 10-07). Effective Date: May 1, 2010. (Document received)
22. Action regarding the eligibility of Defined Contribution disability retirement for Rayle Hobby (Application No. 10-07). Effective Date: May 1, 2010. (Document received)
23. Citizen’s participation. Any citizen wishing to address the Board of Trustees of the Employees Retirement System may do so at this time.
24. 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. May 24, 2010.
NAME OF PERSON REPORTING: Carolynn
Caudill,
TITLE: SECRETARY TO: Board
of Trustees of the Employees Retirement System of
SIGNATURE: Carolynn
Caudill, by: ,
Deputy.