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HomeMy WebLinkAboutAgenda_Pension Public Safety_10/01/2010 AGENDA BOARD OF TRUSTEES TEQUESTA PUBLIC SAFETY OFFICERS' PENSION TRUST FUND SPECIAL BOARD MEETING TO BE HELD IN THE VILLAGE HALL COUNCIL CHAMBERS 345 TEQUESTA DRIVE, TEQUESTA, FLORIDA FRIDAY, OCTOBER 1, 2010 8:30 A.M. *Asterisk indicates no backup provided prior to agenda deadline I. CALL TO ORDER AND ROLL CALL Chair Ed Sabin Secretary Frank D'Ambra Board Member Ray Giblin Board Member Robert Young Board Member David Cooper Attorney: Bonni Jensen, Perry & Jensen, LLC Pension Administrators: Scott Baur & Dixie Martinez, Pension Resource Centers Finance Director: Joann Forsythe — representing Management , Investment Monitor: Dan Johnson, Bogdahn Consulting LLC Financial Planning Manager: Hortensia Perez, ICMA -RC 11. APPROVAL OF AGENDA III. UNFINISHED BUSINESS 1. Funding Recommendations to the Village Council — Discussion 2. Frequency of Actuarial Reviews — Discussion • Changing assumption rate • The need to run a study on the impact of the negotiated benefit changes • Status of 175/185 funding IV. PRESENTATIONS: DROP PLAN 3. * Presentation By Hortensia Perez (ICMA). 4. * Presentation By Sergio Esteves (Legend Group). V. NEW BUSINESS 5. Domestic Equity Manager Review — Dan Johnson, Bogdahn Consulting, LLC. VI. ANY OTHER MATTERS VII. COMMUNICATIONS FROM CITIZENS VIII. ADJOURNMENT NEXT QUARTERLY MEETING DATE: Monday, November 1, 2010 AT 1:00 PM 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 561.575.6200 for assistance. If hearing impaired, please call the Florida Relay Service Numbers at 800 - 955 -8771 (TDD) or 800 - 955 -8770 (VOICE) for assistance. REMINDER: SALEM TRUST FINANCIAL STATEMENTS ARE AVAILABLE ON THE VILLAGE'S IMAGING SYSTEM.