HomeMy WebLinkAboutAgenda_Pension Public Safety_02/01/2010*AMENDED 1/29/2010
AGENDA
BOARD OF TRUSTEES
TEQUESTA PUBLIC SAFETY OFFICERS'
PENSION TRUST FUND
REGULAR QUARTERLY BOARD MEETING
TO BE HELD IN THE
VILLAGE HALL COUNCIL CHAMBERS
345 TEQUESTA DRIVE, TEQUESTA, FLORIDA
MONDAY, FEBRUARY 19 2010
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 Ray Giblin
Board Member Robert Young
Board Member Frank D'Ambra
Attorney Bonni Jensen
Pension Coordinator Lori McWilliams
Finance Director Joann Forsythe — representing Management
Senior Accountant Monica Rahim
Dan Johnson, Bogdahn Consulting LLC — Monitor
Tony Brown, Rockwood Capital Advisors LLC — Investment Manager
Steve Palmquist, Gabriel Roeder and Smith Company - Actuary
Betty Laur, Recording Secretary
II. SWEARING IN OF MEMBER ED SABIN
III. APPROVAL OF AGENDA
IV. APPROVAL OF MINUTES
1. Tequesta Public Safety Officers' Pension Trust Fund Board of Trustees
Quarterly Meeting Minutes — November 2, 2009
* AND
Tequesta Public Safety Officers' Pension Trust Fund Board of Trustees
Workshop Meeting Minutes — January 22, 2010
Agenda —Public Safety Officers' Pension Trust Fund Board Meeting
February 1, 2010 2
V. PRESENTATIONS*
*[PRESENTA TIONIREPOR T BOOKLETS LOCATED INSIDE BACK
COVER OF AGENDA BOOK]
2. Presentation by Investment Manager — Tony Brown, Rockwood
Capital Advisors, LLC
3. Presentation By Monitor— Dan Johnson, Bogdahn Consulting, LLC
4. Presentation of Public Safety Actuarial Valuation Report of
10/1/09 — Steve Palmquist, Gabriel Roeder Smith and Company
VI. UNFINISHED BUSINESS
5. *Discussion of TIPS — Discussion of updates Dan Johnson, Bogdahn
Consulting, LLC
6. Status on amendments to pension plan — Attorney Bonni Jensen
7. Update regarding IRS Determination Letter —Attorney Bonni Jensen
VII. STANDING REPORTS (INFORMATION ITEMS)
8. *New applicants for participation in Pension Plan
None
9. *Request for withdrawal of contributions (employees terminating
employment with Village of Tequesta) - Ratification of withdrawals
made since the last meeting on 2 signature basis:
None
10. *Terminated Employees who have not taken their contributions
None
11. Revenue and Expenditure Report
Agenda —Public Safety Officers' Pension Trust Fund Board Meeting
February 1, 2010
VIII. PAYMENTS TO BE RATIFIED (PAYMENTS MADE SINCE LAST
MEETING)
12. Business Services Connection, Inc.
Office Work for weeks ended
10/16/09 through 01/01/10
Business Services Connection, Inc.
Preparation of 11/2/09 quarterly meeting minutes
Hanson, Perry & Jensen, P.A.
Services through 11/15/09
FPPTA
2010 Dues
IX. PAYMENTS TO BE REVIEWED AND APPROVED
13. Perry & Jensen, LLC.
Services through 12/15/09
Bogdahn Consulting, LLC
Fee for Quarter ending 12/31/09
Rockwood Capital Advisors, LLC
Fee for Quarter ending 12/31/09
Gabriel Roeder Smith and Company
Actuarial Services thru 11/20/09
Business Services Connection, Inc.
Preparation of 01/22/10 Workshop Minutes
$ 1,605.60
356.80
2,770.05
600.00
269.25
3,750.00
6,425.22
7,433.00
231.92
14. Quarterly Budget Report Expenditures— Senior Accountant Monica
Rahim
X1. NEW BUSINESS
15. *Review of Sunshine Law —Attorney Bonni Jensen
Ke
Agenda —Public Safety Officers' Pension Trust Fund Board Meeting
February 1, 2010 4
16. IRS Mileage Rate - Attorney Bonni Jensen
17. Discussion of 3rd Party Administrator — Pension Coordinator Lori
McWilliams
XII. ANY OTHER MATTERS
XIII. COMMUNICATIONS FROM CITIZENS
IN iyll\Ia71Ii17►`lui LION i
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.
DISABILITY INFORMATION: In accordance with the Americans with Disabilities Act and F.S.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 561.575.6200
for assistance. If hearing impaired, please call the Florida Relay Service Numbers at 800-955-8771
(TDD) or 800-955-8770 (VOICE) for assistance.
APPEAL NOTICE: If a person decides to appeal any decision made by the Board, with respect to any matter
considered at such meeting or hearing, that person will need to ensure that a verbatim record of the
proceedings is made, which record includes the testimony and evidence upon which appeal is to be
based.
REMINDER: SALEM TRUST FINANCIAL STATEMENTS ARE SENT
OUT MONTHLY VIA E-MAIL AND ARE AVAILABLE ON THE
VILLAGE'S IMAGING SYSTEM.