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HomeMy WebLinkAboutAgenda_Pension Public Safety_5/4/2015AGENDA 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,MAY 4TH, 2015 11:30 A.M. I. CALL TO ORDER AND ROLL CALL Secretary Ray Giblin Board Member Ed Sabin Board Member John Terzakis Board Member Ariel Ramirez Board Member Kyle Stone 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. REAPPOINTMENT OF 5T" TRUSTEE IV. ADMINISTRATION OF OATH TRUSTEE KYLE STONE V. ITEM TO BE DISCUSSED JOINTLY WITH PUBLIC SAFETY TRUST FUND 1. Custodian Requests for Proposals 2. Stand-alone Audit discussion VI. APPROVAL OF AGENDA VII. APPROVAL OF MINUTES 3. Tequesta Public Safety Officers' Pension Trust Fund Board of Trustees Regular Quarterly Meeting Minutes — February 25, 2015. 4. Tequesta Public Safety Officers' Pension Trust Fund Board of Trustees Special Meeting Minutes — March 30, 2015. VIII. PRESENTATIONS 5. Tyler Grumbles, Bogdahn Consulting, LLC. a. Quarterly Performance Report as of March 31, 2015 IIX. UNFINISHED BUSINESS None IX. STANDING REPORTS (INFORMATION ITEMS) 6. New applicants for participation in Pension Plan: None 7. Request for withdrawal of contributions (employees terminating employment with the Village of Tequesta) — Ratification of withdrawals made since the last meeting. None 8. Terminated employees who have not taken their contributions: None X. PAYMENTS TO BE RATIFIED (PAYMENTS MADE SINCE LAST MEETING) 9. Ratification of invoices paid since last quarterly meeting: The Law Offices of Bonni Jensen $1,677.00 Legal Services through 2/15/15 Pension Resource Centers $ 958.32 Administrative Fee- March 2015 The Law Offices of Bonni Jensen $1,677.00 Legal Services through 3/15/15 G RS $4,969.00 Actuarial Services through 2/28/15 The Bogdahn Group $3,750.00 Performance Evaluation Fee for 12-31-14 Reports and Consulting Services through 3/31/15 XI. PAYMENT TO BE REVIEWED AND APPROVED 10. Payments to be reviewed and approved: Marcum Accountant- Audit period 6/1/13-6/30/14 $2,500.00 Services rendered w/ respect to SSAE-16 Pension Resource Centers $ 986.89 Administrative Fee- February 2015 The Law Offices of Bonni Jensen $2,493.98 Legal Services through 4/15/15 XII. BUDGET REPORT 11. Quarterly Budget Report — Income Statement & Expenditure Report XIII. NEW BUSINESS 12. Attorney Bonni Jensen, The Law Office of Perry & Jensen LLC a. Updated Summary Plan Description b. Annual Form 1 Filing c. Request from Village for Actuarial Impact Statement of purposed pension changes XIV. ADMINISTRATIVE REPORT XV. ANY OTHER MATTER XVI. COMMUNICATIONS FROM CITIZENS XVII. ADJOURNMENT NEXT QUARTERLY MEETING DATE: Monday, August 3" 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.