HomeMy WebLinkAboutAgenda_Pension General_08/10/2015AGENDA
BOARD OF TRUSTEES
TEQUESTA GENERAL EMPLOYEES'
PENSION TRUST FUND
REGULAR QUARTERLY BOARD MEETING
TO BE HELD IN THE
VILLAGE HALL COUNCIL CHAMBERS
345 TEQUESTA DRIVE, TEQUESTA, FLORIDA
MONDAY, AUGUST 10, 2015
8:00 A.M.
I. CALL TO ORDER AND ROLL CALL
Chair Michael D. Rhodes
Secretary Carl Hansen
Board Member Michelle Gload
Board Member Cary Levine
Attorney: Bonni Jensen, The Law Office of Perry & Jensen, LLC
Pension Administrator: Scott Baur & Kerry Dutton, The Resource Centers
Investment Monitor: Tyler Grumbles, Bogdahn Consulting LLC
II. PUBLIC COMMENT
III. APPROVAL OF AGENDA
IV. APPROVAL OF MINUTES
1. Tequesta General Employees' Pension Trust Fund Board of Trustees Regular Quarterly
Meeting Minutes — May 4, 2015.
2. Tequesta General Employees' Pension Trust Fund Board of Trustees Special Meeting
Minutes —July 20, 2015.
V. PRESENTATION
3. John Hamlin, Dana Investments
a. Quarter Review
4. Tyler Grumbles, Bogdahn Consulting, LLC.
a. Quarterly Performance Report as of June 30, 2015
VI. CONSENT AGENDA
5. Ratification of invoices paid since last quarterly meeting:
Pension Resource Centers $ 800.00
Administrative Fee- May 2015
The Law Offices of Bonni Jensen P.A. $ 1,368.45
Legal Services through 5/15/2015
6. Payments to be reviewed and approved:
Pension Resource Centers $ 800.00
Administrative Fee- June 2015
The Bogdahn Group $3,125.00
Performance Evaluation Fee for 12-31-14
Reports and Consulting Services through 3/31/15
The Law Offices of Bonni Jensen P.A. $ 534.00
Legal Services through 6/15/2015
Pension Resource Centers $ 800.00
Administrative Fee- July 2015
Gabriel Roeder Smith & Company $3,000.00
Actuarial Services through 6/30/10
The Law Offices of Bonni Jensen P.A. $ 861.15
Legal Services through 7/15/2015
Dana Investment Advisors $4,058.21
Investment Management Fee — 2nd Quarter 2015
7. Approval of new applicants for participation in Pension Plan:
None
8. Approval of withdrawal of contributions:
None
9. Terminated employees who have not taken their contributions:
None
END OF CONSENT AGENDA
VII. UNFINISHED BUSINESS
10. Administrative Rules (Revised Draft 2015)
11. Summary Plan Description (Draft 2015)
12. IRS Determination Letter- Discussion on Filing Status
VIII. NEW BUSINESS
13. Bonni Jensen, The Law Office of Klausner, Kaufman, Jensen& Levison
a. HB 1309 Memo
b. Reporting Requirement Memo
c. Website Disclosure Memo
d. To Do List with Updated Requirements 2016-17
IX. BUDGET REPORT
14. Quarterly Budget Report — Income Statement & Expenditure Report, Finance Staff
15. Budget Report 2015-2016
X. ADMINISTRATIVE REPORT
16. Update Salem Signature Cards
XI. ANY OTHER MATTER
XII. COMMUNICATIONS FROM CITIZENS
XIII. ADJOURNMENT
NEXT QUARTERLY MEETING DATE:
Monday, November 2nd AT 8:00 A.M.
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.
REMINDER: SALEM TRUST FINANCIAL STATEMENTS ARE AVAILABLE ON THE VILLAGE'S IMAGING
SYSTEM.