12-10-2012 CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL CONFERENCE ROOM
104 N.Riverside Drive, Edgewater, Florida 32132
AGENDA
Monday, December 10, 2012- 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.
L CALL TO ORDER/ROLL CALL/DETERMINATION OF A QUORUM
II. APPROVAL OF MINUTES - September 17, 2012 Quarterly Meeting
III. NEW BUSINESS/OLD BUSINESS
IV. REPORTS(ATTORNEY/CONSULTANT)
1. The Bogdahn Group, Performance Consultant
• Quarterly report- September 30, 2012
• Review of Investment Policy Statement(IPS)
2. H. Lee Delmer, Plan Attorney
• Status Report- Issues with Principal
3. Sheila Hutcheson, Plan Administrator
• FPPTA membership will be renewed for 2013 - $600.00
• Quarterly meeting dates for 2013 (Mondays at 11:00 a.m.):
March 18, 2013
June 17, 2013
September 16, 2013
December 16,2013
• Spouse Beneficiary Forms
• Salem Trust Authorized Signer Forms
V. PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Sheila Hutcheson, plan administration fees - $4,500.00 ($1500/month); mileage &
postage expense - $15.60
2. Christiansen& Delmer,professional legal fees, $957.64, $135.20
3. The Bogdahn Group,performance consultant fees, 3rd quarter,2012 - $3,625.00
4. Foster&Foster, actuarial services - $2,500.00, $638.00
5. Scott Chamberlin, commencement of normal retirement as of September 1, 2012 -
lifetime option with member contribution refund
6. James Martin, commencement of normal retirement as of September 1, 2012 -
joint/100% survivor option with member contribution refund
7. Pension fiduciary insurance premium for FY12/13 policy- $3,269.41
DEPOSITS-none
VL STAFF REPORTS, DISCUSSION,AND ACTION
VII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
VIII. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
IX. ADJOURNMENT