Agenda 05-12-09
BOYNTON BEACH POLICE OFFICERS’ PENSION FUND
QUARTERLY BOARD MEETING
Tuesday, May 12, 2009 @ 9:30 AM
Commission Chambers, City Hall
100 E Boynton Beach Blvd.
Boynton Beach, FL
AGENDA
I.CALL TO ORDER – Lt. Gary Chapman, Chairman
II. AGENDA APPROVAL
III. APPROVAL OF MINUTES –
Special Meeting April 21, 2009
IV. FINANCIAL REPORTS:
A) Quarterly Investment Review –
1.)Russell Investment Group – Glenn Harris, Client Executive-
1)
Portfolio review for March 31, 2009
2) Fee schedule arrangement -
2.) Burgess Chambers & Associates (BCA) – Burgess Chambers, President
1)
Fund Performance review Quarter ending 03-31-2009
V. CORRESPONDENCE: N/A
VI. OLD BUSINESS:
1) Notification on 5-4-09 to members on use of Social Security Numbers
2) Discussion on monthly meetings –
3)Health deductions via benefit checks for $3,000 annual exclusion -
VII. NEW BUSINESS
A. Invoices for review and approval:
1.Russell Investment Gp. – Quarter End 03-31-2009 - $54,895.00
2.Russell Payment Services – Quarter End 03-31-09 - $ 638.92
3.Perry & Jensen – Service thru 4-15-09 - $1,660.00
B. Attorney Report – Bonni Jensen
1) Annual Form 1 filing –Athol, Llopis, Caudell & Chapman filed with
Supervisor of Elections 5-6-09.
2) Approved Ordinance 09-021 by Commission for Plan’s investment policy.
C.
Excess 185 distribution scheduled for June 5, 2009.
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VIII. PENSION ADMINISTRATOR’S REPORT
1.Benefits , terminations & DROP rollover balances as of 05-01-2009
X. ADJOURNMENT
Next Regular Meeting Date – Tuesday, August 11, 2009 @ 9:30 a.m. –
Commission Chambers
If you cannot attend, please call Barbara @ 561-739-7972
NOTICE
PO’PB
IF A PERSON DECIDES TO APPEAL ANY DECISION MADE BY THE OLICE FFICERS ENSION OARD WITH RESPECT TO ANY MATTER
,/,,/
CONSIDERED AT THIS MEETING HESHE WILL NEED A RECORD OF THE PROCEEDINGS AND FOR SUCH PURPOSE HESHE MAY NEED TO
,
ENSURE THAT A VERBATIM RECORD OF THE PROCEEDING IS MADE WHICH RECORD INCLUDES THE TESTIMONY AND EVIDENCE UPON
.(..286.0105)
WHICH THE APPEAL IS TO BE BASED FS
THE CITY SHALL FURNISH APPROPRIATE AUXILIARY AIDS AND SERVICES WHERE NECESSARY TO AFFORD AN INDIVIDUAL WITH A
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DISABILITY AN EQUAL OPPORTUNITY TO PARTICIPATE IN AND ENJOY THE BENEFITS OF A SERVICE PROGRAM OR ACTIVITY CONDUCTED
.,(561)742-6013-
BY THE CITY PLEASE CONTACT JOYCE COSTELLO AT LEAST TWENTYFOUR HOURS PRIOR TO THE PROGRAM OR
.
ACTIVITY IN ORDER FOR THE CITY TO REASONABLY ACCOMMODATE YOUR REQUEST
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