Agenda_Pension General_2/5/2024 TEQUESTA GENERAL EMPLOYEES' REGULAR QUARTERLY MEETING
PENSION TRUST FUND `� Monday, February 5, 2024
12:00 PM
Chair Michael D. Rhodes
Secretary Bernard Ward Board Member Michelle Gload
Board Member Dennis Rick Board Member Julie Mitchell
LOCATION: Tequesta Village Hall, Village Council Chambers
345 Tequesta Drive
Tequesta, FL 33469
Meeting Contact: (561) 624-3277 (Plan Administrator)
TIME: Monday, February 5, 2024 at 12:00 PM
INSTRUCTIONS TO JOIN MEETING ELECTRONICALLY
Meeting ID: 867 6677 8490
Passcode: 386402
Resource Centers is inviting you to a scheduled Zoom meeting:
For Video & Audio (Recommended):
If you are using a mobile device (Smart Phone or Tablet) use the "Zoom" App.
Link to Join from Laptop, PC, Mac, Linux, iOS or Android:
https:Hus06web.zoom.us/a/86766778490?pwd=h DOcZxwZm m mV4P2hge UJThekzdp,90 U.1
For Voice Only:
iPhone one-tap:
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Telephone (for higher quality, dial a number based on your current location:
Dial: +1 301 715 8592 US(Washington DC)
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Public Comments:
Public can submit comments by email during the Meeting to Tequesta@ResourceCenters.com. All
public comments will be read into the record in the Public Comment portion of the Meeting.
PLEASE TAKE NOTICE AND BE ADVISED:If a 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.
DISABILITY INFORMATION:In accordance with the Americans with Disabilities Act and F.F.S 286.26,persons with disabilities needing special accommodation
to participate in this meeting should contact Lori McWilliams,Village Clerk, no later than seven days subsequent to the proceeding at 561.768.0700 for
assistance. If hearing impaired,please call the Florida Relay Service Numbers at 800-955-8771(TDD)or 800-955-8770(VOICE)for assistance.
Agenda — Regular Quarterly Pension Board Meeting 02-05-2024
Page 2
TEQUESTA GENERAL EMPLOYEES' REGULAR QUARTERLY MEETING
PENSION TRUST FUND Monday, February 5, 2024
�- 12:00 PM
Chair Michael D. Rhodes
Secretary Bernard Ward Board Member Michelle Gload
Board Member Dennis Rick Board Member Julie Mitchell
LOCATION: Physical Meeting
Tequesta Village Hall, Village Council Chambers
345 Tequesta Drive
Tequesta, FL 33469
Meeting Contact: (561) 624-3277 (Plan Administrator)
TIME: Monday, January 5, 2024, at 12:00 PM
CALL TO ORDER
ROLL CALL
EXTRAORDINARY CIRCUMSTANCES FOR TRUSTEES JOINTING ELECTRONICALLY
APPROVAL OF AGENDA
PUBLIC COMMENT
Email Public Comments during the Meeting to: Teguesta(c�ResourceCenters.com
ANNUAL ELECTION OF OFFICERS
1. Chair
2. Secretary
TRUSTEE ELECTION RESULTS
APPROVAL OF MINUTES —[Tab 1]
1. Regular Quarterly Meeting Minutes Dated: November 6, 2023
PRESENTATIONS
2. Actuarial Valuation Report — Jeffery Amrose, GRS Consulting
a. 2023 Actuarial Valuation Report
3. Dana Investments — Greg Peters— Dana Investments
a. Dana Investments Quarterly Performance Report as of December 31, 2023
Agenda — Regular Quarterly Pension Board Meeting 02-05-2024
Page 3
4. AndCo Investment Monitor—Jennifer Gainfort, AndCo
a. Quarterly Performance Report as of December 31, 2023
b. Investment Manager Review
CONSENT AGENDA
All items listed under the Consent Agenda are considered routine and will be enacted by one motion.
There will be no separate discussion of these items unless a Pension Board Trustee so requests, in
which event the item will be removed from the Consent Agenda and considered in its normal sequence
in the agenda.
5. Ratification of invoices paid since last quarterly meeting. [Tab 2]
6. Reporting of new applicants for participation in Pension Plan
• Silvina Donaldson — Hire Date 01-16-2024
• Matthew Cawley— Hire Date 11-20-2023
• Maria Daniele — Hire Date 10-24-2023
• Wayne Cameron — Hir Date 10-14-2023
7. Terminated Non-Vested employees who have not yet taken their contributions:
• Edward Black—Terminated 01-05-2018
(Nonresponsive)
■ Jennie Dilsa —Terminated 05-01-2020
(Nonresponsive)
• Meghan Arango-Lorick—Terminated 09-30-2020
(Member was sent Refund forms on 04-23-2021, Notification Letter 2" sent 01-31-2023)
• Kathleen Maloney-Pollack— Terminated 02-04-2022
(Notification E-Mails Sent: 07-07-2022 and 01-31-2023)
■ Michelle Thomas— Terminated 03-15-2022
(Notification Letters Sent: 06-22-2022 and 01-31-2023)
• Richard Martin —Terminated 06-22-2022
(Notification Emails Sent: 05-11-2022—Incomplete Application Submitted 07-19-2022, Follow-up
sent 01-31-2023)
• Matthew Hammond — Terminated 07-01-2022
(Notification Emails Sent. 07-05-2022 and 01-31-2023)
• Alexander Ferman —Terminated 08-05-2022
(Notification Emails Sent. 08-06-2022 and 01-31-2023)
• Lisa Conti — Terminated 02-01-2023
(Notification Email Sent: 02-01-2023)
■ Patrick Madsen —Terminated 06-15-2023
(Notification Email Sent: 07-01-2023)
■ Jillian Leigh —Terminated 09-17-2023
(Notification ,Email Sent: 10-31-2023)
• Catherine Wagner—Terminated 01-12-2024
(Notification Email Senn 01-29-2024)
• Lynne Britt—Terminated 01-22-2024
(Notification Email Sent: 01-29-2024)
8. Benefit Approvals
0 Cheryl Foley— Life Annuity— Commence 01-01-2024
Agenda — Regular Quarterly Pension Board Meeting 02-05-2024
Page 4
END OF CONSENT AGENDA
OLD BUSINESS
NEW BUSINESS
9. Attorney Update —Attorney Bonni Jensen, Klausner, Kaufman, Jensen & Levinson [Tab 31
a. Jensen Memo — Form 1
b. Jensen Memo — IRS Mileage Rate for 2024
c. Trustee Travel Expense Policy
10. Accounting Reports —Board Member, Michelle Gload, Finance Department[Tab 4]
a. Revenue/Expenditures— Quarter Ending 12-31-2023
b. Revenue/Expenditure Details—Quarter Ending 12-31-2023
c. FY2024 Budget Report— Quarter Ending 12-31-2023
11.Administrative Report— Scott Baur and Albert Lovingood, Resource Centers[Tab 51
a. Resource Centers Memo— SOC 1 Type 2 Audit
b. Bi-Annual Comprehensive Report
c. Authorized Signer Update
ANY OTHER MATTERS
12. Service Provider Agreements
PUBLIC COMMENT
Email Public Comments during the Meeting to: Teguesta(d,)ResourceCenters.com
ADJOURNMENT
NEXT QUARTERLY MEETING DATE: Monday, May 6, 2024 @ 8:30 AM
REMINDER:FIDUCIARY TRUST FINANCIAL STATEMENTS ARE AVAILABLE ON THE VILLAGE'S IMAGING SYSTEM*