03-15-2010
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, March 15, 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 -
December 14, 2009 Quarterly Meeting
III. NEW BUSINESS
Discussion by City Manager regarding preparation of plan restatement/plan amendments
for adoption by City Council (Pension Attorney and City Attorney)
IV. OLD BUSINESS
V. REPORTS (ATTORNEY/CONSULTANTS)
1. The Bogdahn Group, Performance Consultant
Quarterly report - December 31, 2009
Consideration of ICC proxy voting guidelines
2. H. Lee Dehner, Plan Attorney
Report on status of Principal contract termination
Benefit index and Principal returns (analysis by Foster & Foster)
3. Sheila Hutcheson, Plan Administrator
Consideration/Approval of Principal Service Agreement (July 2009) - follow
up information from Tonya Niday
VI. PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Sheila Hutcheson, plan administration fees (payments on Jan. 1, Feb.1, Mar. 1,
$3,300.00$22.00
2010) - ($1100/month); postage/mileage expense -
$203.00, $991.02; $2825.53
2. Christiansen & Dehner, professional legal fees,
th
$2500.00
3. The Bogdahn Group, performance consultant fees, 4 quarter, 2009 -
$600.00
4. FPPTA membership renewal for 2010 -
5. Wayne Nichols, commencement of retirement as of March 1, 2010 - lifetime
option, with refund of member contribution
DEPOSITS
None
VII. STAFF REPORTS, DISCUSSION, AND ACTION
VIII. TRUSTEES’ REPORTS, DISCUSSION, AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT