12-13-2010 CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL CONFERENCE ROOM
104 N. Riverside Drive, Edgewater, Florida 32132
Edgewater, Florida 32132
AGENDA
Monday, December 13, 2010 - 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, Ext# 1101, prior to the meeting.
I. CALL TO ORDER/ROLL CALL/DETERMINATION OF A QUORUM
II. APPROVAL OF MINUTES - September 13, 2010 Quarterly Meeting; October 27,
2010 Joint Special Meeting
III. NEW BUSINESS
Discussion /action: Investment questionnaire from Principal
IV. OLD BUSINESS
V. REPORTS (ATTORNEY /CONSULTANTS)
1. Jack Evatt, The Bogdahn Group, Performance Consultant
• Quarterly report - September 30, 2010
2. H. Lee Dehner, Plan Attorney
• Consideration of retainer agreement with Milberg
3. Sheila Hutcheson, Plan Administrator
• Appointed Members Dewees, McKinney, and PEA Appointed Member
Hilton were reappointed by City Council on October 18, 2010 for three -
year terms ending on November 5, 2013
• 2011 meeting dates - March 14, June 13, September 19, and December 12
(all meetings begin at 11:00 a.m.)
VI. PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Sheila Hutcheson, plan administration fees - $3,300.00 ($1 100 /month);
postage /mileage expense - $21.49
2. Christiansen & Dehner, professional legal fees - $1,340.28, $1,180.22
3. The Bogdahn Group, performance consultant fees, 3 1-d quarter, 2010 - $3625.00
4. Wayne Jackson (terminated, vested employee) - commencement of late retirement
as of September 1, 2010 retiree's lifetime with joint/100% survivor option
5. Foster & Foster, actuarial services, - $2,200.00
DEPOSITS
None
VII. STAFF REPORTS, DISCUSSION, AND ACTION
VIII. TRUSTEES' REPORTS, DISCUSSION, AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT