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09-14-2015Police Pension Board City of Edgewater Meeting Agenda 104 N. Riverside Drive Edgewater, FL 32132 1:30 PMMonday, September 14, 2015 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 July 29, 2015 quarterly meeting minutes.AR-2015-117 6 a. 07-29-15, DRAFT Quarterly Meeting Minutes.pdfAttachments: Approval of the September 3, 2015 special meeting minutes.AR-2015-117 2 b. 09-03-15 DRAFT Special Mtg Minutes.pdfAttachments: 5. NEW BUSINESS Contract approval of Sugarman & Susskind’s agreement to provide legal services. AR-2015-115 9 a. Discussion of the City’s Human Resources Department being copied on Board documents and correspondence. AR-2015-115 6 b. Discussion if Plan Administrator is required to attend every meeting.AR-2015-115 7 c. Discussion of holding a special meeting to discuss the Plan Restatement. AR-2015-115 8 d. 6. OLD BUSINESS Further discussion of Supplemental Benefit Cost Study.AR-2015-117 0 a. Edgewater Police Supplement Study.pdfAttachments: Page 1 City of Edgewater Printed on 9/9/2015 September 14, 2015Police Pension Board Meeting Agenda 7. REPORTS The Bogdahn Group, Jack Evatt, quarterly report as of June 30, 2015.AR-2015-116 1 a. 06-30-15, Investment Report, Bogdahn.pdfAttachments: Sugarman & Susskind, Ken Harrison, legislative update.AR-2015-116 2 b. Proposed budget for fiscal year 2015-2016, done in conjunction with Senate Bill 172. AR-2015-115 4 c. Proposed FY 2014-2015 budget.pdfAttachments: 8. CONSENT AGENDA a. Retiree Activity Spreadsheet Retiree activity spreadsheet.AR-2015-117 5 a. 07-29-15 thru 09-14-15 Activity Log.pdfAttachments: b. Disbursements Salem Trust Company, custodial services for quarter ending June 30, 2015, automatically deducted from account - $1,125.00 AR-2015-116 4 a. 07-06-15, April 1 - June 30, 2015, Salem Trust.pdfAttachments: Dana Investment Advisors, investment management fees for quarter ending June 30, 2015, invoice 42680 - $4,999.07 AR-2015-116 5 b. 07-09-15, invoice 42680, Dana.pdfAttachments: Foster & Foster, actuarial services, invoice 7634 - $4,310.00AR-2015-116 6 c. 07-23-15, invoice 7634. Foster & Foster.pdfAttachments: Christiansen & Dehner, professional legal services as of July 31, 2015, invoice 26902 - $1,328.25 AR-2015-116 7 d. 07-31-15, invoice 26902, Christiansen Dehner.PDFAttachments: Foster & Foster, plan administration services for the month of July 2015, invoice 7655 - $1,641.59 AR-2015-116 8 e. 08-01-15, invoice 7655, Foster & Foster.pdfAttachments: Page 2 City of Edgewater Printed on 9/9/2015 September 14, 2015Police Pension Board Meeting Agenda Foster & Foster, plan administration services for the month of August 2015, invoice 7768 - $1,730.54 AR-2015-116 9 f. 09-01-15, invoice 7768, Foster & Foster.pdfAttachments: 9. STAFF REPORTS, DISCUSSION, AND ACTION Ferrell Jenne, Plan Administrator, update on fiduciary liability insurance and State Annual Report. AR-2015-116 3 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 Bonnie Brown, 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. Page 3 City of Edgewater Printed on 9/9/2015