Regular Meeting
Agenda
2:30 p.m.
August 31, 2009
320 Robert S.
Kerr, Room 201
1. Call to order.
2. Notice of the meeting was properly posted Thursday, August 27, 2009.
3. Approve the minutes of the meeting of July 27, 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 August 2009 Defined Benefit payroll. This month there are 185 checks to be issued for 182 participants in the amount of $190,785.51.(Document received)
5. Discussion and possible action for approval of Security Trades and Interest Report for July 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 $12,858,642.61 and at Par Value of $12,899,640.32 as provided by the Bank of Oklahoma/LPL for July 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 July 2009 in the amount of $22,791.61 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 September 2009 Mutual Fund Reimbursements to
participants in the amount of $16,400.14. The 2009 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 Jay Lyon (Application No. 09-12) Effective Date: September 1, 2009. (Document received)
10. Discussion and possible action for approval of Defined Contribution retirement and health benefits for Carolyn Russell (Application No. 09-13) Effective Date: August 15, 2009. (Document received)
11.
Discussion and possible action to receive the monthly
updated OKIE Forfeiture Account Activity and projections. This item is requested by Carolynn Caudill,
12. Discussion and possible action for approval of the Retirement Board to request in writing, of both the Board of County Commissioners and the Budget Board to budget an amount of funds to be deposited in the Defined Benefit plan. The current forfeitures are not enough to cover the short fall for the year. This item is requested by Keith Bloch, member to the Retirement Board.
13. Discussion and possible action to receive information from Investrust concerning the performance and other information of the Brandywine Blue Fund for the Oklahoma County Defined Contribution and the Oklahoma County 457 plans.
14. Discussion and possible action allowing consolidation of loans within IRS limitations. This item is requested by Jim Lilly, Trustee.
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, September 28, 2009.
NAME OF PERSON REPORTING: Carolynn
Caudill,
TITLE: SECRETARY TO: Board
of Trustees of the Employees Retirement System of
SIGNATURE: Carolynn Caudill, by: , Deputy.