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HomeMy WebLinkAboutAgenda_Pension Public Safety_02/02/2009AGENDA BOARD OF TRUSTEES TEQUESTA PUBLIC SAFETY OFFICERS' PENSION TRUST FUND REGULAR QUARTERLY BOARD MEETING TO BE HELD IN THE VILLAGE COUNCIL CHAMBERS VILLAGE HALL 345 TEQUESTA DRIVE, TEQUESTA, FLORIDA MONDAY, FEBRUARY 2, 2009 8:00 A.M. ~ Asterisk indicates no backup provided prior to agenda deadline I. CALL TO ORDER AND ROLL CALL Chair Ed Sabin Secretary David Cooper Board Member Ken Nielson Board Member Ray Giblin Board Member Robert Young Attorney Bonni Jensen Finance Director Joann Forsythe -representing Management Senior Accountant Monica Rahim Dave West, Bogdahn Consulting LLC -Monitor II. APPROVAL OF AGENDA III. APPROVAL OF MINUTES 2. Tequesta Public Safety Officers' Pension Trust Fund Board of Trustees Quarterly Meeting Minutes -November 3, 2008 3. Tequesta Public Safety Officers' Pension Trust Fund Board of Trustees and General Employees' Pension Trust Fund Board of Trustees Joint Meeting Minutes -December 10, 2008 IV. PRESENTATIONS* *[PRESENTATION/REPORTBQOKLET LOCATED INSIDE BACK COVER OFAGENDA BOOKJ Agenda -Public Safety Officers' Pension Trust Fund Board Meeting February 2, 2009 2 4. Presentation By Monitor- Dave West, Bogdahn Consulting, LLC V. STANDING REPORTS (INFORMATION ITEMS) 5. New applicants for participation in Pension Plan Police Officer - Ariel I. Ramirez, Jr. Date of Hire 12/22/08 6. Change of Beneficiary None 7. Request for withdrawal of contributions (employees terminating employment with Village of Tequesta) -Ratification of withdrawals made since the last meeting on 2 signature basis: Chief Wm. McCollom $12,267.59 (Rollover) (Opted out of plan) 8. Statement of Activities VI. PAYMENTS TO BE RATIFIED (PAYMENTS MADE SINCE LAST MEETING) 9. Hanson, Perry & Jensen, P.A. Services through 11/15/08 $1,572.00 Business Services Connection, Inc. Recording/Preparation of 11/3/08 minutes 271.84 Business Services Connection, Inc. Office Work for weeks ended 10/3/08 through 01/02/09 1,485.83 IRS Fee for IRS Determination Letter 1,000.00 VII. PAYMENTS TO BE REVIEWED AND APPROVED 10. Business Services Connection, Inc. Recording/Preparation of 12/10 Joint Meeting Minutes -Public Safety Officers' Pension Board Portion $ 76.45 Agenda -Public Safety Officers' Pension Trust Fund Board Meeting February 2, 2009 Business Services Connection, Inc. Office work for weeks ended 1/9/09 through 1/30/09 382.28 Hanson, Perry & Jensen, P.A. Services through 01/15/09 1,714.00 Bogdahn Consulting, LLC Fee for Quarter ending 12/31/08 2,000.00 Rockwood Capital Advisors, LLC Fee for Quarter ending 12/31/08 5,167.57 Gabriel Roeder Smith & Company Actuarial Services through 12/31/08 1,729.00 VIII. NEW BUSINESS 11. Budget Report -Senior Accountant Monica Rahim 3 12. Approval of Investment Manager's quarterly report - [REPORT BOOKLET LOCATED INSIDE BACK COVER OF AGENDA BOOK) -Chair Ed Sabin 13. *Discussion/Consideration of having an actuarial report done annually -Chair Ed Sabin IX. ANY OTHER MATTERS X. COMMUNICATIONS FROM CITIZENS XI. ADJOURNMENT PLEASE TAKE NOTICE AND BE ADVISED: If any person decides to appeal any decision made by this Board with respect to any matter considered at this meeting or hearing he/she will need a record of the proceedings, and that, for such purpose, he/she may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. REMINDER: Salem Trust Financial Statements are available for review in the Village Clerk's Office