Oklahoma County Retirement Board

Regular Meeting Agenda

2:30 p.m.

October 31, 2011

320 Robert S. Kerr, Room 201

Oklahoma City, OK

1. Call to order.

2. Notice of the meeting was properly posted on Thursday, October 27, 2011.                                         

3. Approve the minutes of the meeting of September 26, 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 October, 2011 Defined Benefit payroll.  This month there are 167 checks to be issued for 165 participants in the amount of $ 178,063.47. 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 September, 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 $10,374,427.14 and at Par Value of $10,164,907.38 as provided by the Bank of Oklahoma/LPL for September,              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 September, 2011, in the amount of $24,432.29 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 November, 2011, Mutual Fund Reimbursements to participants in the amount of $16,347.06.  The 2011 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 Lora Sanchez (Application No. 11-25).  Effective Date: November 1, 2011.  (Document received)

10. Discussion and possible action for approval of Defined Contribution retirement, life and health benefits for Marilyn Holman (Application No. 11-26).  Effective Date: October 29, 2011.  (Document received)

11. Discussion and possible action for approval of Defined Contribution retirement and health benefits for Gary L. Weaver (Application No. 11-27).  Effective Date: September 30, 2011.  (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 to receive the quarterly statement for the Defined Benefit Retirement Plan Quarterly Report for quarter ending September 30, 2011. This item is requested by Carolynn Caudill, County Clerk, and Secretary to the Retirement Board.  (Document received)

14. Discussion and possible action to receive the Nationwide brochure containing information about the qualifications and business practices of Nationwide Investment Advisors, for the Oklahoma County Nationwide 457 plan. (Document received)

15. Discussion and possible action regarding Hartford s suggested investment option changes. (Document received)

16. Discussion and possible action concerning the Stable Value Fund choice in the Oklahoma County Defined Contribution Plan and the Oklahoma County 457(b) Plan.

17. Discussion and possible action to receive the Actuarial Valuation Report for Oklahoma County Retirement  System for the Plan Year ending June 30, 2011 as prepared by Milliman Consultants and Actuaries. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. (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, November 28^th, 2011.

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.