Regular Meeting Agenda

Oklahoma County Retirement Board

2:30 p.m.

June 26, 2017

320 Robert S. Kerr, BOE Meeting Room

Oklahoma City, OK

1. Call to order.

2. Notice of the meeting was properly posted on Thursday, June 22, 2017.

3. Approve the minutes of the regular meeting on May 22, 2017.

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, 2017, Defined Benefit payroll. This month there are 128 checks to be issued for 128 participants in the amount of $146,091.53. Last month, a one-time stipend of $700.00 was approved to be distributed with the June 30, 2017, Defined Benefit Payroll. This item is requested by David B. Hooten, 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, 2017. 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 $6,318,485.35 and at Par Value of $6,245,183.43 as provided by the Bank of Oklahoma/LPL for May, 2017. 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, 2017, in the amount of $31,603.10 submitted by InvesTrust. Monthly investment and administration fees are paid out of the County General Fund. This item is requested by David B. Hooten, 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, 2017, Mutual Fund Reimbursements to participants in the amount of $17,030.94. The 2017 Mutual Fund Reimbursements to participants are paid out of the OKIE account. This item is requested by David B. Hooten County Clerk, and Secretary to the Retirement Board. (Document received)

End of Consent Docket

9. Discussion and possible action for approval for Defined Contribution Retirement, Health and Life Benefits for Paul Snyder (Application No. 17-16). Effective Date: June 1, 2017. (Document received)

10. Discussion and possible action for approval for Defined Contribution Retirement and Health Benefits for Tanya Fisher (Application No. 17-17). Effective Date: June 3, 2017. (Document received)

11. Discussion and possible action for approval for Defined Contribution Retirement, Health and Life Benefits for James Kalkbrenner (Application No. 17-18). Effective Date: June 13, 2017. (Document received)

12. Discussion and possible action for approval for Defined Contribution Retirement and Health Benefits for Nakia McGee (Application No. 17-19). Effective Date: June 24, 2017. (Document received)

13. Discussion and possible action for approval for Defined Contribution Retirement and Health Benefits for Dennis Nation (Application No. 17-20). Effective Date: August 1, 2017. (Document received)

14. Discussion and possible action to receive the monthly updated OKIE Forfeiture Account Activity and Projections. This item is requested by David B. Hooten, County Clerk and Secretary to the Retirement Board. (Document received)

15. Discussion and possible action for approval of the Consulting Services Agreement between Sageview Consulting Group and Oklahoma County to perform annual actuarial valuation of the Oklahoma County Retirement System and required GASB actuarial disclosures, to be effective July 1, 2017 and June 30, 2018. This item is requested by David B. Hooten, County Clerk and Secretary to the Retirement Board and has been approved as to form legality by Aaron Etherington. (Document received)

16. Discussion and possible action to approve the investment advisory agreement for fiduciary services related to the Mass Mutual 457 plan. This item is requested by David B. Hooten, County Clerk and Secretary to the Retirement Board. (Document received)

17. Discussion and possible action to approve the administration services agreement for the Mass Mutual 457 plan. This item is requested by David B. Hooten, County Clerk and Secretary to the Retirement Board. (Document received)

18. Discussion and possible action to receive the investment review for the Oklahoma County Defined Contribution Plan. This item is requested by InvesTrust. (Document Received)

19. Discussion and possible action to receive the investment review for the Oklahoma County 457 Plan. This item is requested by InvesTrust. (Document Received)

20. Discussion and possible action regarding fiduciary coverage and quote for the Board. This item is requested by Dan Matthews, Director of HR/ Health & Safety for the Board of County Commissioners. (No document)

21. Discussion and possible action to receive the 2017 Retirement Board Election Results. Mr. P.D Taylor employee member s term will begin on July 1^st, 2017, and will expire on June 30, 2020. This item is requested by David B. Hooten, County Clerk and Secretary to the Retirement Board. (Document received)

22. Board Comments.

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

24. 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 24, 2017.

NAME OF PERSON REPORTING: David B. Hooten, County Clerk

TITLE: SECRETARY TO: Board of Trustees of the Employees Retirement System of Oklahoma County

SIGNATURE: David B. Hooten, by: , Deputy.