Regular Meeting
Agenda
2:30 p.m.
July 26, 2010
320 Robert S.
Kerr, Room 201
1. Call to order.
2. Notice of the meeting was properly posted Wednesday, July 21, 2010.
3. Approve the minutes of the meeting of June 28, 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 July
2010 Defined Benefit payroll. This
month there are 176 checks to be issued for 174 participants in the amount of
$186,273.98. This item is requested by Carolynn Caudill,
5. Discussion and possible action for approval of Security Trades and Interest Report for June 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 $12,038,888.76 and at Par Value of $12,030,556.40 as provided by the Bank of Oklahoma/LPL for June 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 June 2010 in
the amount of $23,808.73 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 August 2010 Mutual Fund Reimbursements to
participants in the amount of $15,838.01. 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 Jami Palmer (Application No. 10-10). Effective Date: July 1, 2010.
10. Discussion and possible action for approval of Defined Contribution retirement and health benefits for Tommie Noble (Application No. 10-11). Effective Date: August 1, 2010.
11. Discussion and possible action for approval of Defined Contribution retirement and health benefits for Sharon Franklin (Application No. 10-12). Effective Date: August 1, 2010.
12.
Discussion and possible action to receive the monthly
updated OKIE Forfeiture Account Activity and projections. This item is requested
by Carolynn Caudill,
13.
Discussion and possible action to receive the Oklahoma
County Defined Benefit Retirement Plan Quarterly Report for the quarter ending
June 30, 2010. This item is
requested by Carolynn Caudill,
14. Discussion and possible action to determine normal retirement date and vesting for the Oklahoma County Defined Contribution Plan concerning the IRS Determination Letter. This item is requested by InvesTrust and Jim Prince, McAfee Taft.
15. Citizen’s participation. Any citizen wishing to address the Board of Trustees of the Employees Retirement System may do so at this time.
16. 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. August 30, 2010.
NAME OF PERSON REPORTING: Carolynn Caudill,
TITLE: SECRETARY TO: Board of Trustees of the
Employees Retirement System of
SIGNATURE:
Carolynn Caudill, by:
, Deputy.