Oklahoma County Retirement Board

 

Regular Meeting Agenda

 

2:30 p.m.

January 30, 2012

320 Robert S. Kerr, Room 201

Oklahoma City, OK

 

1.                  Call to order.

 

2.                  Notice of the meeting was properly posted on Thursday, January 26, 2012.                                        

                                   

3.                  Approve the minutes of the meeting of December 19, 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 January, 2012 Defined Benefit payroll.  This month there are 169 checks to be issued for 167 participants in the amount of $ 179,110.61. This item is requested by Carolynn Caudill, County Clerk, and Secretary to the Retirement Board. (Document received)

 

5.                  Discussion and possible action for approval of Security Trades and Interest Report for December, 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 $9,867,476.35 and at Par Value of $9,612,694.97 as provided by the Bank of Oklahoma/LPL for December,                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 December, 2011, in the amount of $25,097.05 submitted by InvesTrust.  Monthly investment and administration fees are paid out of the County General Fund.   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 February, 2012, Mutual Fund Reimbursements to participants in the amount of $18,228.66.   The 2012 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 Robert Traylor (Application No. 11-32).  Effective Date: January 4, 2012.  (Document received)

 

10.              Discussion and possible action for approval of Defined Contribution retirement and health benefits for James Alexander (Application No. 11-33).  Effective Date: February 4, 2012.  (Document received)

 

11.              Discussion and possible action for approval of Defined Contribution retirement for Leon Davis (Application No. 11-34).  Effective Date: January 31, 2012.  (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 for approval of a redirection of retirement contributions 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)

 

14.              Discussion and possible action to receive the quarterly statement for the Defined Benefit Retirement Plan Quarterly Report for quarter ending December 31, 2011. This item is requested by Carolynn Caudill, County Clerk, and Secretary to the Retirement Board. (Document received)

 

15.              Discussion and possible action regarding the fund change update provided by Hartford.  This item is requested by Hartford.  (Document received)

 

16.              Discussion and possible action to rescind the retirement of Richard Buchanan.  This item is requested by Bob Ravitz.   (Document received)

 

17.              Discussion and possible action to determine vesting requirements for retirees that return to full-time employment with Oklahoma County.  This item is requested by Bob Ravitz.   (Document received)

 

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

 

19.              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, February 27th, 2012.

 

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.