08-15-2016General Employee Pension Board
City of Edgewater
Meeting Agenda
104 N. Riverside Drive
Edgewater, FL 32132
11:00 AMMonday, August 15, 2016
We respectfully request that all electronic devices are set for no audible notification.
1. CALL TO ORDER
2. ROLL CALL
3. PUBLIC COMMENTS
4. APPROVAL OF MINUTES
Approval of the March 14, 2016 quarterly meeting minutes.a.
03-14-16, DRAFT Regular Meeting MinutesAttachments:
5. NEW BUSINESS
Discussion and review of revised Ordinance 2016-O-24.a.
Ordinance 2016-O-24Attachments:
Discussion of salary information for vested terminated members.b.
Discussion of State acceptance letter dated May 24, 2016.c.
05-24-16, State LetterAttachments:
Discussion of Council approved reinstatement of Donna Nichols and Julie Christine
into the Defined Benefit Plan.
d.
Donna Nichols Analysis-Redactions
Julie Christine Analysis-Redactions
Attachments:
Discussion of James Davis benefit adjustment analysis.e.
James Davis - Benefit AnalysisAttachments:
Discussion of adding the finance department to the list of Salem Trust authorized
online statement recipients.
f.
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August 15, 2016General Employee Pension Board Meeting Agenda
Fund activity report for March 5, 2016-August 9, 2016.g.
03-05-16 through 08-09-16 fund activityAttachments:
6. OLD BUSINESS
7. REPORTS
The Bogdahn Group, Jack Evatt, quarterly report as of March 31, 2016 and June 30,
2016, discussion of IPS, fee memo dated June 6, 2016, and R&D account
instructions letter.
a.
03-31-16, Quarterly Report
03-31-16, Asset Allocation Changes
06-30-16, Quarterly Report
IPS
Fee Memo
RD Letter
Attachments:
Foster & Foster, Doug Lozen, presentation of the revised October 1, 2015 actuarial
valuation report and Chapter 2015-157 mortality assumption study.
b.
10-1-15 Valuation (Revised)
Chapter 2015-157 Mortality Analysis
Attachments:
Christiansen & Dehner, legal update.c.
8. CONSENT AGENDA
Summary of invoices.a.
Summary of PaymentsAttachments:
Ratification of Warrant #15.b.
Warrant #15 Invoices for RatificationAttachments:
Ratification of Warrant #16.c.
Warrant #16 for RatificationAttachments:
Ratification of Warrant #17.d.
Warrant #17, Invoices for RatificationAttachments:
Payment approval of Warrant #18.e.
Warrant #18 Invoices for ApprovalAttachments:
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August 15, 2016General Employee Pension Board Meeting Agenda
9. STAFF REPORTS, DISCUSSION, AND ACTION
Foster & Foster, Ferrell Jenne, update on 2016-2017 fiduciary liability policy.a.
10. TRUSTEES' REPORTS, DISCUSSION, AND ACTION
11. ADJOURNMENT
Pursuant to Chapter 286, F.S., if an individual decides to appeal any decision made with respect to any
matter considered at a meeting or hearing, that individual will need a record of the proceedings and
will need to ensure that a verbatim record of the proceedings is made. The City does not prepare or
provide such record.
In accordance with the Americans with Disabilities Act, persons needing assistance to participate in
any of these proceedings should contact City Clerk/Paralegal Robin L. Matusick, 104 N. Riverside
Drive, Edgewater, Florida, telephone number 386-424-2400 x 1101, 5 days prior to the meeting date. If
you are hearing or voice impaired, contact the relay operator at 1-800-955-8771
One or more members of City Council or other advisory boards may be present.
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