BRIAN MAUGHAN

County Commissioner

Chairman

OKLAHOMA COUNTY

KEITH BLOCH

Trustee

FORREST  BUTCH  FREEMAN

County Treasurer

Vice-Chairman

BOARD OF TRUSTEES

OF THE

EMPLOYEES RETIREMENT SYSTEM

EUGENE D. JONES, III

Trustee

 

JIM LILLY

Trustee

 

CAROLYNN CAUDILL

County Clerk

Clerk to the Board

 

                     BOB RAVITZ

Trustee

                       AMENDED

  NOTICE OF REGULAR MEETING

JIM FEIST

Trustee

 

P.D. TAYLOR

Trustee

 

320 Robert S. Kerr,

Conference Room 201

Oklahoma City, OK 73102

 

 

2:30p.m., Monday, July 28, 2014

1.                  Call to order.

 

2.                  Notice of the meeting was properly posted on Thursday, July 24, 2014.                                        

                                  

3.                  Approve the minutes of the meeting of June 30, 2014.

 

The following items, No. 4 through 8 are Consent Items and are routine in nature:

 

4.               Discussion and possible action for approval of the July, 2014, Defined Benefit payroll.  This month there are 144 checks to be issued for 143 participants in the amount of $154,723.12. This item was 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 June, 2014.   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 $7,954,457.51 and at Par Value of $7,952,573.84 as provided by the Bank of Oklahoma/LPL for June, 2014.   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 June, 2014, in the amount of $29,760.87 submitted by InvesTrust.  Monthly investment and administration fees are paid out of the County General Fund.   This item was 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 August, 2014, Mutual Fund Reimbursements to participants in the amount of $17,235.51.   The 2014 Mutual Fund Reimbursements to participants are paid out of the OKIE account.   This item was 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 for Defined Contribution Retirement and Health Benefits for Donald Edward Hardison (Application No. 14-23). Effective Date: July 4, 2014.  (Document received)

 

 

 

 

  10.        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)

 

 

 

 

11.       Discussion and possible action to receive the quarterly statement for the Defined Benefit Retirement Plan Quarterly Report for quarter ending June 30, 2014. This item was requested by Carolynn Caudill, County Clerk, and Secretary to the Retirement Board.  (Document received)

 

 

 

 

  12.        Discussion and possible action to approve the self-directed investment option for the Oklahoma County Mass Mutual 457 Plan. 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 participant individual directed brokerage account notice and application and agreement to establish a directed brokerage account for the Defined Contribution plan. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board.  (Document Received)

 

 

 

  14.        Discussion and possible action to approve addendum to the InvesTrust Service agreement for the Oklahoma County 457 Plan. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board.  (Document Received)

 

 

 

 

 

  15.        Discussion and possible action to approve the TD Ameritrade plan sponsor agreement and the plan custodial agreement for the InvesTrust 457 plan. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board.  (Document Received)

 

 

 

16.          Discussion and possible action to approve the addendum to the InvesTrust Service Agreement for the Oklahoma County Employees Defined Contribution System. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board.  (Document Received)

 

 

 

 

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

 

 

 

 

 

18.           New Business: In accordance with the Open Meetings Act, Title 25 O.S.11.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, August 25, 2014.

 

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.