OKLAHOMA COUNTY RETIREMENT BOARD

 

Regular Meeting Agenda

 

2:30 p.m.

June 29, 2009

320 Robert S. Kerr, Room 201

Oklahoma City, OK

 

1.                  Call to order.

 

2.                  Notice of the meeting was properly posted Thursday, June 25 2009.

 

3.                  Approve the minutes of the meeting of May 26, 2009.

 

 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 2009 Defined Benefit payroll.  This month there are 186 checks to be issued for 183 participants in the amount of $191,207.46. Last month, a one-time stipend of $700.00 was approved to be distributed with the June 30, 2009 pension checks. This item is attached to receive.   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 May 2009.  Mark Seikel, Chief of Investments, Oklahoma County Treasurer, will address this item.  (Document received)

 

6.                  Discussion and possible action for approval of Outstanding Retirement Investments at Market Value of $13,101,536.70 and at Par Value of $12,768,627.01 as provided by the Bank of Oklahoma/LPL for May 2009.  Mark Seikel, Chief of Investments, Oklahoma County Treasurer, will address this item.  (Document received)

 

7.                  Discussion and possible action for approval of monthly investment and administration fees for May 2009 in the amount of $21,817.93 submitted by InvesTrust.  Monthly investment and administration fees are paid out of the OKIE account.  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 July 2009 Mutual Fund Reimbursements to participants in the amount of $15,553.25. The 2009 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 Mary Susan Fonvielle (Application No. 09-10) Effective Date: May 19, 2009. (Document received)

 

10.              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)

 

11.              Discussion and possible action to receive information from InvesTrust on considering a new fund offering for the Oklahoma County Employee’s Defined Contribution Retirement Plan. This item is requested by Robert Ravitz, Public Defender, and Member to the Retirement Board .(Document received).

 

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

 

13.              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, July 27, 2009.

 

 

 

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.