09-16-2013 CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT
CITY OF EDGEWATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive, Edgewater, Florida 32132
AMENDED AGENDA
Monday, September 16, 2013- 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
1. June 17, 2013 Quarterly Meeting
III. NEW BUSINESS
1. Review, discuss and execute TPA Contract
IV. OLD BUSINESS
1. Discuss fees for consultants and attorney
V. REPORTS (ATTORNEY/CONSULTANTS)
1. Foster&Foster, Actuary
• Revised valuation (to reflect the change in assumptions)
2. The Bogdahn Group, Performance Consultant
• Quarterly report -June 30, 2013
3. H. Lee Dehner, Plan Attorney
• Legislative update
• Proposed Ordinance Amendment-IRS Compliance changes
VL PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen&Dehner, professional legal fees, $175.50, $1,472.27
2. The Bogdahn Group, performance consultant fees, 2nd quarter, 2013 - $3,625.00
3. Foster&Foster, actuarial services - $2,684.00
4. Integrity Fixed Income Management, LLC., investment manager- $150.40
5. Michael Howell (terminated, vested member) Commencement of early retirement
as of March 1, 2013
6. Alvin Scott, commencement of normal retirement as of July 1, 2013
DEPOSITS-none
VI. STAFF REPORTS, DISCUSSION,AND ACTION
1. Julie Christine,Board Coordinator
• The terms of appointed Members Dewees, McKinney, and PEA
Appointed Member Hilton end on 11/05/2013 -input is requested
• The terms of appointed Member Brackin ended on 09/10/2013 - input is
requested
• FPPTA Trustees' School is September 29th- October 2nd(Palm Beach
Garden)
VIII. TRUSTEES' REPORTS,DISCUSSION,AND ACTION
IX. REQUESTS FROM THE PUBLIC/EMPLOYEES PRESENT
X. ADJOURNMENT