Loading...
09-14-2009 CITY OF EDGEW ATER GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING CITY HALL CONFERENCE ROOM 104 N. Riverside Drive, Edgewater, Florida 32132 Edgewater, Florida 32132 AGENDA Monday, September 14,2009 - 11:00 A.M. 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 insure that a verbatim record of the proceedings is made. In accordance with the Americans with Disabilities Act, persons needing assistance to participate in any of these proceedings should contact City Clerk Bonnie Wenzel, 386-424-2400, &t# 1101, prior to the meeting. I. CALL TO ORDERlROLL CALUDETERMINATION OF A QUORUM II. ELECTION OF OFFICERS III. APPROVAL OF MINUTES - Special Meeting: July 29, 2009; Quarterly Meeting: June 10,2009 IV. NEW BUSINESS 1. Consideration! Approval of Summary Plan Description from Principal 2. Principal contract amendment (November 2008) for approval/execution (deferred from March 16, 2009 meeting) 3. Principal's response on investment direction by the Board V. OLD BUSINESS VI. REPORTS (ATTORNEY/CONSULTANTS) I. The Bogdahn Group, Performance Consultant . Quarterly report - June 30,2009 2. H. Lee Dehner, Plan Attorney 3. Sheila Hutcheson, Plan Administrator . Update on IRS filings submitted July 8, 2009 and August 27, 2009 in response to IRS questions . Status Report: Submittal of plan restatement/amendments to City Council for adoption by reference, including opt-out amendment for Police Chief. . FPPTA Trustees' School in Bonita Springs (10/4-1017/09) . Pension Fiduciary Insurance Renewal - $3,516.82 (same as last year's premium). City will pay the $175.00 premium for waiver of recourse endorsement VII. PROCESSED DISBURSEMENTSIRETURN OF CONTRIBUTIONSIDEPOSITS DISBURSEMENTS I. Sheila Hutcheson, plan administration fees (June - August, 2009) - $2700.00 ($900/month); postage/mileage expense - $0.44 2. Christiansen & Dehner, professional legal fees, $116.00; $1311.84; $116.00 3. The Bogdahn Group, performance consultant fees, 2nd quarter, 2009 - $2500.00 4. Principal, invoice for preparation of plan amendment (deducted from account) - $500.00 DEPOSITS None .' CITY OF EDGEW ATER GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING CITY HALL CONFERENCE ROOM 104 N. Riverside Drive, Edgewater, Florida 32132 AGENDA Monday, September 14,2009 -11:00 A.M. Page 2 VIII. STAFF REPORTS, DISCUSSION, AND ACTION IX. TRUSTEES' REPORTS, DISCUSSION, AND ACTION X. REQUESTS FROM THE PUBLICIEMPLOYEES PRESENT XI. ADJOURNMENT