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, October 29, 2012

1.                  Call to order.

 

2.                  Notice of the meeting was properly posted on Thursday, October 25, 2012, 2012.                                        

                                  

3.                  Approve the minutes of the meeting of September 24, 2012.

 

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, 2012 Defined Benefit payroll.  This month there are 165 checks to be issued for 163 participants in the amount of $177,878.72. 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, 2012.   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 $9,177,541.82 and at Par Value of $9,098,533.58 as provided by the Bank of Oklahoma/LPL for September, 2012.   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, 2012, in the amount of $26,359.57 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, 2012, Mutual Fund Reimbursements to participants in the amount of $14,420.44.   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, Health and Life Benefits for David Burright (Application No. 12-20).  Effective Date: October 24, 2012.  (Document received)

 

10.              Discussion and possible action for approval of Defined Contribution Retirement and Health Benefits for Katherine Calton (Application No. 12-21).  Effective Date: October 31, 2012.  (Document received)

 

11.              Discussion and possible action for approval of Defined Contribution Retirement for GeorgeAnna Foster (Application No. 12-22).  Effective Date: October 15, 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 to receive the Actuarial Valuation Report for Oklahoma County Retirement System for the Plan Year ending June 30, 2012 as prepared by CapRisk. 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 Audit and Financial statement of the Employee s Retirement System of Oklahoma County as prepared by Johnston & Ahlschwede, P.C. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. (Document received)

 

15.       Discussion and possible action to approve payment in the amount of $3,800.00 to Johnston & Ahlschwede, P.C. for preparation of the Financial Statement and Audit. This item is requested by Carolynn Caudill, County Clerk and Secretary to the Retirement Board. This item is requested by Carolynn Caudill, County Clerk, and Secretary to the Retirement Board.  (Document received)

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

 

17.              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, November 26, 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.