Regular Meeting
Agenda
2:30 p.m.
April 25, 2011
320 Robert S.
Kerr, Room 201
Oklahoma City, OK
1. Call to order.
2. Notice of the meeting was properly posted on Wednesday, April 20, 2011.
3. Approve the minutes of the meeting of March 28, 2011.
The following items, No. 4 through 8 are
Consent Items and are routine in nature:
4.
Discussion and possible action for approval of the April, 2011 Defined
Benefit payroll. This month there are
168 checks to be issued for 166 participants in the amount of $ 177,975.77.
This item is requested by Carolynn Caudill,
5. Discussion and possible action for approval of Security Trades and Interest Report for March, 2011. 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 $11,078,690.02 and at Par Value of $10,873,055.40 as provided by the Bank of Oklahoma/LPL for March, 2011. 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 March, 2011, in the amount of
$25,764.19 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 May, 2011, Mutual Fund Reimbursements to participants in the
amount of $17,691.73. The 2011 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 Benefit retirement for Lee Roybal (Application No. 11-04). Effective Date: April 1, 2011. (Document received)
10. Discussion and possible action for approval of a one-time catch-up payment to Defined Benefit retiree Ralph Coleman in the amount of $12,020.32. He qualified under the rule of 62, effective 12/1/2008. He started to receive retiree payments effective February, 2011. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. This item was deferred from the March, 2011 meeting. (Document received)
11. Discussion and possible action for approval of a one-time catch-up payment to Defined Benefit retiree Sylvia Vargas in the amount of $5,386.69. She qualified under the rule of 62, effective 7/1/2009. She started to receive retiree payments effective February, 2011. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. This item was deferred from the March, 2011 meeting. (Document received)
12. Discussion and possible action for approval of a one-time catch-up payment to Defined Benefit retiree Lee Roybal in the amount of $28,312.20. He qualified under the rule of 62, effective 4/1/2008. He will start receiving retiree payments effective April, 2011. 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 new Nationwide 457 plan document and to participate in the ProAccount option. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. This item was deferred from the March, 2011 meeting. (No Document)
14. 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)
15.
Discussion and possible action to receive the
quarterly statement for the Defined Benefit Retirement Plan Quarterly Report
for quarter ending March 31, 2011. This item is requested by Carolynn Caudill,
County Clerk, and Secretary to the Retirement Board. (Document received
16. Discussion and possible action for approval of a transfer of funds from the OKIE account to the Defined Benefit Plan to be invested by the County Treasurer with an effective date. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. (No Document)
17. Discussion and possible action regarding the plan fund review presentation provided by InvesTrust, regarding the Defined Contribution and 457 plans. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. (No Document)
18. Discussion and possible action regarding the unopposed candidacy of Jad Hanner as the retirement member to the Oklahoma County Board of Trustees of the Employees Retirement System. The retiree member s length of term is three years. His term will begin on April 25, 2011 and will expire on April 25, 2014. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. (Document received)
19. Citizen s participation. Any citizen wishing to address the Board of Trustees of the Employees Retirement System may do so at this time.
20. 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, May 23, 2011.
NAME OF PERSON REPORTING: Carolynn
Caudill,
TITLE: SECRETARY TO: Board
of Trustees of the Employees Retirement System of
SIGNATURE: Carolynn
Caudill, by: ,
Deputy.