Regular Meeting
Agenda
2:30 p.m.
August
29, 2011
320 Robert S.
Kerr, Room 201
Oklahoma City,
OK
1. Call to order.
2. Notice of the meeting was properly posted on Thursday, August 25, 2011.
3. Approve the minutes of the meeting of July 25, 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 August, 2011 Defined Benefit payroll. This month there are 166 checks to be issued for 164 participants in the amount of $ 177,231.42. 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 July, 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 $10,676,788.13 and at Par Value of $10,512,449.09 as provided by the Bank of Oklahoma/LPL for July, 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 July, 2011, in
the amount of $25,679.46 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 September, 2011, Mutual Fund Reimbursements
to participants in the amount of $16,546.67. 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
1. Discussion and possible action for approval of Defined Benefit retirement benefits for Theresa Hixson (Application No. 11-06). Effective Date: September 1, 2011. (Document received)
2. Discussion and possible action for approval of Defined Contribution retirement for Linda Tackett (Application No. 11-18). Effective Date: August 31, 2011. (Document received)
3. Discussion and possible action for approval of Defined Contribution retirement and health benefits for William Miller (Application No. 11-19). Effective Date: August 31, 2011. (Document received)
4. 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)
5. Discussion regarding considering the agreement between Mesirow and Hartford with Oklahoma County. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. (No Document)
6. Discussion and possible action to allow for additional RFPs for 457 advisors, or alternatively to do nothing with additional 457 advisors or administrators. This item is requested by Bob Ravitz, Trustee to the Retirement Board. (No Document)
7. Discussion and possible action to replace the Royce Value Plus Fund with the Stephens Small Cap Growth Fund in the Defined Contribution and 457 plans. This item is requested by InvesTrust. (No Document)
8. Discussion and possible action to add the Vanguard Target Retirement 2055 Fund to the Defined Contribution and 457 Plans. This item is requested by InvesTrust. (No Document)
9. Citizen’s participation. Any citizen wishing to address the Board of Trustees of the Employees Retirement System may do so at this time.
10. 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, September 26, 2011.
NAME OF PERSON REPORTING: Carolynn Caudill, County Clerk
TITLE: SECRETARY TO: Board of Trustees of the
Employees Retirement System of
SIGNATURE: Carolynn
Caudill, by:
, Deputy.