Regular Meeting
Agenda
2:30 p.m.
June 28, 2010
320 Robert S.
Kerr, Room 201
1. Call to order.
2. Notice of the meeting was properly posted Wednesday, June 23, 2010.
3. Approve the minutes of the meetings of May 24, 2010 and June 15, 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 June
2010 Defined Benefit payroll. This
month there are 176 checks to be issued for 174 participants in the amount of
$186,273.98. Last month, a one-time stipend of $700.00 was approved to be
distributed with the June 30, 2010 pension checks. This item is attached to
receive. This item is requested by
Carolynn Caudill,
5. Discussion and possible action for approval of Security Trades and Interest Report for May 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 $11,851,701.16 and at Par Value of $11,606,122.82 as provided by the Bank of Oklahoma/LPL for May 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 May 2010 in
the amount of $23,808.73 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 July 2010 Mutual Fund Reimbursements to
participants in the amount of $15,634.02 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 Contribution retirement and health benefits for Mark Mishoe (Application No. 10-09). Effective Date: July 1, 2010.
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 for adding and/or
replacing new funds in the Oklahoma County Defined Contribution Plan and the
Oklahoma County 457 Plan with InvesTrust.
This item is requested by Carolynn Caudill,
12.
Discussion and possible action to implement procedures
concerning the retiree member election.
The County Election Board will not be conducting this election and the
office of the
13.
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
14. Citizen’s participation. Any citizen wishing to address the Board of Trustees of the Employees Retirement System may do so at this time.
15. 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. July 26, 2010.
NAME OF PERSON REPORTING: Carolynn Caudill,
TITLE: SECRETARY TO: Board of Trustees of the
Employees Retirement System of
SIGNATURE: Carolynn
Caudill, by:
, Deputy.