RAY VAUGHN County Commissioner Chairman	OKLAHOMA COUNTY	KEITH BLOCH Trustee
FORREST  BUTCH  FREEMAN County Treasurer Vice-Chairman	BOARD OF TRUSTEES OF THE EMPLOYEES RETIREMENT SYSTEM	JAD HANNER Trustee JIM LILLY Trustee
CAROLYNN CAUDILL County Clerk Clerk to the Board	NOTICE OF REGULAR MEETING	BOB RAVITZ Trustee P.D. TAYLOR Trustee
	320 Robert S. Kerr, Conference Room 201 Oklahoma City, OK 73102

2:30p.m., Monday, June 24, 2013

1. Call to order.

2. Notice of the meeting was properly posted on Thursday, June 20, 2013.

3. Approve the minutes of the meeting of May 20, 2013.

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

4. Discussion and possible action for approval of the June, 2013, Defined Benefit payroll. This month there are 163 checks to be issued for 161 participants in the amount of $174,647.12. 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 May, 2013. 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 $9,033,989.96 and at Par Value of $8,800,592.08 as provided by the Bank of Oklahoma/LPL for May, 2013. 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 May, 2013, in the amount of $27,510.43 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 July, 2013, Mutual Fund Reimbursements to participants in the amount of $15,817.35. The 2013 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 the June, 2013, one-time Defined Benefit stipends, in the amount of $700.00. There are 163 checks to be issued for 161 participants in the amount of $114,100.00. This item was requested by Forrest  Butch  Freeman, County Treasurer, and Treasurer to the Retirement Board.  (Document received)

10. Discussion and possible action for approval of Defined Contribution Retirement and Health Benefits for Kevin Johnson (Application No. 13-8).  Effective Date: May 20, 2013.  (Document received)

11. Discussion and possible action for approval of Defined Contribution Survivor Spouse Retirement and Health Benefits for Patricia Auwen (Application No. 13-9). Effective Date: May 7, 2013. (Document received)

12. Discussion and possible action for approval of the Consulting Services Agreement between Oklahoma County and CapRisk to perform annual actuarial valuation of the Defined Benefit Plan and required GASB actuarial disclosures, to be effective July 1, 2013, and ending June 30, 2014. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board and has been approved as to form legality by Lisa Erickson Endres, Assistant District Attorney. (Document Received)

13. Discussion and possible action for approval of the Consulting Service Agreement between Oklahoma County and CapRisk to perform the OPEB valuation & GASB actuarial disclosures, to be effective July 1, 2013, and ending June 30, 2014. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board and has been approved as to form legality by Lisa Erickson Endres, Assistant District Attorney. (Document Received)

14. Discussion and possible action for approval of the Administrative Services Agreement between Oklahoma County and The Hartford 457 Plan to be effective July 1, 2013, and ending June 30, 2014. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board and has been approved as to form legality by Lisa Erickson Endres, Assistant District Attorney. (Document Received)

15. Discussion and possible action for approval of the Service Agreement between Oklahoma County and InvesTrust, N.A. to be effective July 1, 2013, and ending June 30, 2014. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board and has been approved as to form legality by Lisa Erickson Endres, Assistant District Attorney. (Document Received)

16. Discussion and possible action for approval of the Service Agreement between Oklahoma County and InvesTrust 457 Plan to be effective July 1, 2013, and ending June 30, 2014. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board and has been approved as to form legality by Lisa Erickson Endres, Assistant District Attorney. (Document Received)

17. Discussion and possible action for approval of the payout of the Defined Benefit employee contributions of Cartelyou Edwards, in the amount of $2,527.90. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. (Document Received)

18. Discussion and possible action to approve the 2013 Retirement Board Election Results. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. (Document Received)

19. Discussion and possible action regarding the candidacy of Mr. Jim Lilly as an employee member to the Oklahoma County Board of Trustees of the Employees Retirement System. The employee s length of term is three years. His term will begin on July 1, 2013, and will expire on June 30, 2016. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. (Document Received)

20. Discussion and possible action regarding the candidacy of Mr. Eugene D. Jones, III as the retiree member to the Oklahoma County Board of Trustees of the Employees Retirement System. The retiree s length of term is three years. His term will begin on July 1, 2013, and will expire on June 30, 2016. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. (Document Received)

21. 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)

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

23. 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, July 29, 2013.

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.