Regular Meeting
Agenda
2:30 p.m.
March 30, 2009
320 Robert S.
Kerr, Room 201
1. Call to order.
2. Notice of the meeting was properly posted Thursday, March 26, 2009.
3. Approve the minutes of the meeting of February 23, 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 March
2009 Defined Benefit payroll. This month
there are 188 checks to be issued for 184 participants in the amount of $192,734.06
This item is requested by Carolynn Caudill,
5. Discussion and possible action for approval of Security Trades and Interest Report for February 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 $13,300,396.46 and at Par Value of $13,113,324.83 as provided by the Bank of Oklahoma/LPL for February 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 February 2009 in the amount of $19,976.07 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 April 2009 Mutual Fund Reimbursements to
participants in the amount of $13,408.57. 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 Billy Cunningham (Application No. 09-05) Effective Date: March 7, 2009. (Document received)
10. Discussion and possible action for approval of Defined Contribution retirement and health benefits for Susan Keltch (Application No. 09-06) Effective Date: March 7, 2009. (Document received)
11. Discussion and possible action for approval of Defined Benefit survivor retirement and health benefits for Helen Boling (Application SS No. 09-01) Effective Date: March 1, 2009. (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,
13. Discussion and possible action to replace Royce Opportunity Fund for the Oklahoma County Employee’s Defined Contribution Retirement Plan due to two-star rating by Morningstar. This item is requested by Robert Ravitz, Public Defender and member to the Retirement Board.
14.
Discussion and
possible action regarding payment by InvesTrust, N.A. to the IRS of $7,500 to
have the IRS review and issue a determination letter on Oklahoma County’s
retirement plan, and whether this is an expense Oklahoma County should
reimburse to InvesTrust. This item is
requested by Forrest “Butch” Freeman,
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, April 27, 2009.
NAME OF PERSON REPORTING: Carolynn
Caudill,
TITLE: SECRETARY TO: Board
of Trustees of the Employees Retirement System of
SIGNATURE: Carolynn Caudill, by: , Deputy.