OKLAHOMA COUNTY RETIREMENT BOARD

 

Regular Meeting Agenda

 

2:30 p.m.

July 27, 2009

320 Robert S. Kerr, Room 201

Oklahoma City, OK

 

1.                  Call to order.

 

2.                  Notice of the meeting was properly posted Thursday, July 23, 2009.

 

3.                  Approve the minutes of the meeting of June 29, 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 July 2009 Defined Benefit payroll.  This month there are 186 checks to be issued for 183 participants in the amount of $191,207.46. (Document received)

 

5.                  Discussion and possible action for approval of Security Trades and Interest Report for June 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 $12,786,936.83 and at Par Value of $12,883,583.47 as provided by the Bank of Oklahoma/LPL for June 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 June 2009 in the amount of $21,810.10 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 August 2009 Mutual Fund Reimbursements to participants in the amount of $15,224.23. 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 Joyce Williams (Application No. 09-11) Effective Date:  September 1, 2009. (Document received)

 

10.              Discussion and possible action to receive the quarterly statements provided by InvesTrust for the period of April 1, 2009 through June 30, 2009 for the Defined Contribution Retirement Plan. This item is requested by Carolynn Caudill, County Clerk, and Secretary to the Retirement Board.  (Document received)

 

11.              Discussion and possible action to receive the quarterly statements for the Defined Benefit Retirement Plan for the period of April 1, 2009 through June 30, 2009. This item is requested by Carolynn Caudill, County Clerk, and Secretary to the Retirement Board.  (Document received

 

12.              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)

 

13.              Discussion and possible action to approve the quarterly transfer of $192,890 from the OKIE account to the Defined Benefit Plan to be invested by the County Treasurer effective July 31, 2009.  This item was requested by Carolynn Caudill, County Clerk, and Secretary to the Retirement Board.

 

14.              Discussion and possible action to receive a letter from the IRS concerning Voluntary Correction Program (VCP).  (Document received)

 

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. Monday, August 31, 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.