HomeMy WebLinkAboutAgenda_Pension General_11/28/2005- REVISED 11/18/051
[changes indicated by - ~ ]
AGENDA
BOARD OF TRUSTEES TEQUESTA GENERAL EMPLOYEES'
PENSION TRUST FUND
REGULAR QUARTERLY BOARD MEETING
TO BE HELD IN THE EMERGENCY OPERATIONS CENTER
(EOC) OF THE PUBLIC SAFETY BUILDING
357 TEQUESTA DRIVE, TEQUESTA, FLORIDA
- MONDAY, NOVEMBER 28, 2005 t
- 8:OOA.M. ~
*Asterisk indicates no backup for this item
I. CALL TO ORDER AND ROLL CALL
II. APPROVAL OF AGENDA
• III. APPROVAL OF MINUTES
1. Minutes of Special Meeting 9/19/05
2. Minutes of Special Meeting 9/27/05
IV. PRESENTATIONS
3. Monitor's Quarterly Report -Joe Bogdahn, Monitoring Consultant
V. UNFINISHED BUSINESS
4. Response from Joe Bogdahn to Consultant's Questionnare (provided at the last
meeting for answers at this meeting) -Monitor Joe Bogdahn
5. *Consideration of Approval of Budget with expenses included as discussed at the
August 15, 2005 quarterly meeting -Finance Director Joann Forsythe
6. Fiduciary Liability Insurance Renewal and authorization of premium payment -
-Gwen Carlisle, Pension Coordinator ~
7. Consideration of Actuarial valuation as of 10/1/OS -Finance Director Joann
Forsythe
8. Consideration of Reviewing Specifications for an actuarial RFP - - Chair Bob
Garlo ~
•
GENERAL EMPLOYEES PENSION TRUST FUND
BOARD OF TRUSTEES QUARTERLY MEETING
NOVEMBER 28, 2005
PAGE 2
VI. CONSENT AGENDA
9. Payments to be reviewed and approved:
• Business Services Connection, Inc. -
Minutes of 8/24/05 - $ 259.60
Minutes of 9/19/05 - $ 283.20
Minutes of 9/27105 - $ 59.00
• Hanson, Perry & Jensen PA $2,558.00
• Bogdahn Consulting LLC - $ 500.00
• Gabriel, Roeder, Smith & Co. $ 400.00
10. Approval of new applicants for participation in Pension Plan:
•
Name Date of Hire Position
Walter Schmanski 8/15/05 Meter Reader
David Cooper 10/1/OS Code Enforcement Officer
Kathleen Worley 10/6105 Recreation Supervisor
Tara Rosczewski 10/10/OS Dispatcher
Monica Rahim 10/25/05 Accounting Clerk
Catherine Hazding 10/31/05 Community Development Director
Mary Speigl 11/14/05 Customer Service Representative
11. Approval of withdrawal of contributions (employees terminating employment
with Village of Tequesta)
None
VII. NEW BUSINESS
12. Dana Investment Advisors, Inc. -Report since inception- for information and
possible discussion by the boazd - ~ Chair Bob Garlo ~
13. Consideration of sending a member of the boazd to FPPTA Trustees School
January 29-February 1, 2006 at Sawgrass Marriott in Ponte Vedra Beach -
~ Chair Bob Gazlo ~
•
GENERAL EMPLOYEES PENSION TRUST FUND
BOARD OF TRUSTEES QUARTERLY MEETING
NOVEMBER 28, 2005
• PAGE 3
VIII. FINANCIAL REPORTS
14. Account Statements -Rockwood Capital Advisors! Wachovia Securities/A. G.
Edwards Trust -Accounting Manager Monaco
15. Statement from Independent Community Bank - Accounting Manager Monaco
IX. ANY OTHER MATTERS
16. Information Item -Copy of Signed Investment Manager Agreement with
Dana Investment Advisors, Inc.
17. Information Item -Copy of the approved Administrative Rules document with
attachments.
18. Information Item -News Scan and Research Memo developed by Gabriel,
Roeder, Smith & Company
19. Dana Investment Advisors Newsletter - 3`d Quarter 2005 -Equity Quarterly
• 20. Dana Investment Advisors Newsletter - 3`d Quarter 2005 -Fixed Income
Quarterly
X. CONIlv1ITNICATIONS 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.
•
AGENDA
BOARD OF TRUSTEES TEQUESTA GENERAL EMPLOYEES'
PENSION TRUST FUND
REGULAR QUARTERLY BOARD MEETING
TO BE HELD IN THE EMERGENCY OPERATIONS CENTER
(EOC) OF THE PUBLIC SAFETY BUILDING
357 TEQUESTA DRIVE, TEQUESTA, FLORIDA
MONDAY, NOVEMBER 21, 2005
8:30A.M.
*Asterisk indicates no backup for this item
CALL TO ORDER AND ROLL CALL
II. APPROVAL OF AGENDA
III. APPROVAL OF MINUTES
• 1. Minutes of Special Meeting 9/19/05
2. Minutes of Special Meeting 9/27/05
IV. PRESENTATIONS
3. Monitor's Quarterly Report -Joe Bogdahn, Monitoring Consultant
V. UNFINISHED BUSINESS
4. Response from Joe Bogdahn to Consultant's Questionnare (provided at the last
meeting for answers at this meeting) -Monitor Joe Bogdahn
5. *Consideration of Approval of Budget with expenses included as discussed at the
August 15, 2005 quarterly meeting -Finance Director Joann Forsythe
6. Fiduciary Liability Insurance Renewal and authorization of premium payment -
Dan Gallagher, Risk Manager
7. Consideration of Actuarial valuation as of 10/1/OS -Finance Director Joann
Forsythe
8. Consideration of Reviewing Specifications for an actuarial RFP -Secretary Archie
• Mangum
•
GENERAL EMPLOYEES PENSION TRUST FUND
BOARD OF TRUSTEES QUARTERLY MEETING
NOVEMBER 21, 2005
PAGE 2
VI. CONSENT AGENDA
9. Payments to be reviewed and approved:
• Business Services Connection, Inc. -
Minutes of 8/24/05 - $ 259.60
Minutes of 9/19/05 - $ 283.20
Minutes of 9/27/05 - $ 59.00
• Hanson, Perry & Jensen PA $2,558.00
• Bogdahn Consulting LLC - $ 500.00
• Gabriel, Roeder, Smith & Co. $ 400.00
10. Approval of new applicants for participation in Pension Plan:
•
Name Date of Hire Position
Walter Schmanski 8/15/05 Meter Reader
David Cooper 10/1/OS Code Enforcement Officer
Kathleen Worley 10/6/05 Recreation Supervisor
Tara Rosczewski 10/10/OS Dispatcher
Monica Rahim 10/25/05 Accounting Clerk
Catherine Harding 10/31/OS Community Development Director
Mary Speigl 11/14/05 Customer Service Representative
11. Approval of withdrawal of contributions (employees terminating employment
with Village of Tequesta)
None
VII. NEW BUSINESS
12. Dana Investment Advisors, Inc. -Report since inception- for information and
possible discussion by the board -Secretary Archie Mangum
13. Consideration of sending a member of the board to FPPTA Trustees School
January 29-February 1, 2006 at Sawgrass Marriott in Ponte Vedra Beach -
Secretary Archie Mangum
•
GENERAL EMPLOYEES PENSION TRUST FUND
BOARD OF TRUSTEES QUARTERLY MEETING
NOVEMBER 21, 2005
• PAGE 3
VIII. FINANCIAL REPORTS
14. Account Statements -Rockwood Capital Advisors/ Wachovia Securities/A. G.
Edwards Trust -Accounting Manager Monaco
15. Statement from Independent Community Bank -Accounting Manager Monaco
IX. ANY OTHER MATTERS
16. Information Item -Copy of Signed Investment Manager Agreement with
Dana Investment Advisors, Inc.
17. Information Item -Copy of the approved Administrative Rules document with
attachments.
18. Information Item -News Scan and Research Memo developed by Gabriel,
Roeder, Smith & Company
19. Dana Investment Advisors Newsletter - 3`d Quarter 2005 -Equity Quarterly
• 20. Dana Investment Advisors Newsletter - 3`d Quarter 2005 -Fixed Income
Quarterly
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.