Title
Retirement Board Meeting of October 16, 2013
Body
1. Roll call.
2. Consent Agenda.
All items listed within this section entitled "Consent Agenda" are considered to be self-explanatory and are not expected to require additional review or discussion, unless a member of the Retirement Board or a citizen so requests, in which case, the item will be removed from the Consent Agenda and considered along with the regular order of business. Hearing no objections to the items listed under the "Consent Agenda", a vote on the adoption of the Consent Agenda will be taken.
2A. Report of Administrative Manager.
2B. Submission of Bills.
1. Crain Communications Inc. invoice no. 695731 dated September 16, 2013 for Request for Proposal advertisement in the Pensions and Investments magazine and online in the amount of $1,281.00.
2. Goldstein Schechter Koch invoice #107563 dated September 16, 2013 for Audit services for the year ending September 30, 2012. This invoice is in accordance with engagement letter signed by the Chairperson on September 14, 2012.
3. Foster and Foster Actuaries and Consultants invoice #5359 dated October 3, 2013 for final DROP distribution certifications in the amount of $1,000.00. This invoice is in accordance with engagement letter signed by the Chairperson on October 19, 2012 which was terminated September 25, 2013.
3. Selection and qualification of candidate presentations for actuarial services.
4. Items from the Board Attorney.
5. Investment Issues.
6.
Old Business.
a. Report by GRS regarding their correspondence on the IRS 415(b) limitation calculations and the choice of assumptions for purposes of doing 415 calculations.
7. New Business.
a. Retirement Board meeting dates for 2014
8. Public Comment.
9. Adjournment.
The next scheduled Retirement Board meeting is set for Thursday, November 14, 2013 at 8:00 a.m. in the Youth Center Auditorium.