03-14-2011
CITY OF EDGEWATER
GENERAL EMPLOYEES’ PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL CONFERENCE ROOM
104 N. Riverside Drive, Edgewater, Florida 32132
AGENDA
Monday, March 14, 2011 - 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 13, 2010 Quarterly Meeting and January 5,
2011 Joint Special Meeting
III. NEW BUSINESS
IV. OLD BUSINESS
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster & Foster, Actuary
Presentation: October 1, 2010 Actuarial Valuation
Declaration of returns
2. The Bogdahn Group, Performance Consultant
Quarterly report - December 31, 2010
Discussion: investment options with Principal
3. H. Lee Dehner, Plan Attorney
Legislative update
4. Sheila Hutcheson, Plan Administrator
VI. PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
$3,300.00
1. Sheila Hutcheson, plan administration fees - ($1100/month);
$20.44
postage/mileage expense -
$32.50, $1,193.73, $2,024.04
2. Christiansen & Dehner, professional legal fees,
th
$3,625.00
3. The Bogdahn Group, performance consultant fees, 4 quarter, 2010 -
$600.00
4. FPPTA membership renewal for 2011 -
5. FPPTA Trustees’ School (February, 2011): Trustee Dewees - Registration -
$450.00;$567.00 $180.00
lodging - ; mileage, per diem -
6. Richard Shockley, terminated, vested member - commencement of early
retirement as of Feb. 1, 2011 - retiree’s lifetime with 100% joint survivor option
(without refund of member contribution)
7. Donna Looney, commencement of retirement as of December 1, 2010 - retiree’s
lifetime with 100% survivor 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