03-14-2011
CITY OF EDGEWATER
POLICE OFFICERS’ PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL CONFERENCE ROOM
104 N. Riverside Drive, Edgewater, Florida 32132
AGENDA
Monday, March 14, 2011 - 1:30 P.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
II. ROLL CALL/DETERMINATION OF A QUORUM
III. APPROVAL OF MINUTES -
Quarterly Meeting - December 13, 2010; Special
Meeting - January 5, 2011
IV. NEW BUSINESS
V. OLD BUSINESS
VI. 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. Lee Dehner, Plan Attorney
Legislative update
4. Sheila Hutcheson, Plan Administrator
Recommendation to City Council: reappointment of Trustee Ferd Heeb
(current term ends on May 21, 2011)
VII. PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS and
DEPOSITS
DISBURSEMENTS
$32.50, $1,518.73, $1,664.24
Christiansen & Dehner, professional legal fees -
1.
$3,300.00
Sheila Hutcheson, plan administration fees, ; postage/mileage expense -
2.
$20.44
th
$3,625.00
3. The Bogdahn Group, performance consultant fees, 4 quarter, 2010 -
$600.00
4. FPPTA membership dues, 2011 -
$215.00, $450.00, $2,817.37
5. American Express (credit card statement) -
$1,689.33
6. Timothy Webb, refund of non-vested member contributions -
7. Per Diem/mileage expenses for FPPTA Trustees School (Jan. 30 - Feb. 2, 2011) -
$216.86$216.86$216.84$217.37
Conroy: ; Blazi: ; Leaf: ; McCauley:
8. William Bennett, commencement of retirement (lifetime option without refund of
member contribution) and rollover of DROP account effective March 1, 2011
DEPOSITS
$217.37
1. Vin McCauley, reimbursement of per diem for FPPTA Trustees School -
$450.00
2. FPPTA reimbursement for Trustee McCauley’s registration (to City) -
CITY OF EDGEWATER
POLICE OFFICERS’ PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL CONFERENCE ROOM
104 N. Riverside Drive, Edgewater, Florida 32132
AGENDA
Monday, March 14, 2011 - 1:30 P.M.
Page 2
VIII. STAFF REPORTS, DISCUSSION, AND ACTION
IX. TRUSTEES’ REPORTS, DISCUSSION, AND ACTION
X. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
XI. ADJOURNMENT