Agenda 05-06-10
BOYNTON BEACH FIREFIGHTERS’ PENSION FUND
QUARTERLY BOARD MEETING
2:00 PM
Thursday, May 6, 2010 @
Renaissance Commons Executive Suites
1500 Gateway Blvd., Suite 220
Boynton Beach, FL 33426
AGENDA
I.CALL TO ORDER –
Luke Henderson, Chairman
II. AGENDA APPROVAL -
III. APPROVAL OF MINUTES
– Special Sub-Committee Meeting 1-12-2010
Quarterly Meeting 2-11-2010
Special Meeting 2-23-2010
IV. FINANCIAL REPORTS:
A. Bogdahn Consulting – Dave West
1
) InvestmentPerformance Review Quarter end 3-31-2010
2
) Manager termination notice – Rigel
B.
DSM Capital Partners LLC – For your review –
1)
Quarterly Report 3-31-2010
C. STW Fixed Income Mgt & STW- TIPS – For your review -
1) Portfolio Report quarter end 3-31-2010
2) Ltr 3-29-10 – Portfolio management additions
3) STW’s domestication to Delaware
D.DGHM - For your review –
1) Portfolio Performance/Appraisal as of 3-31-2010
2) Product and Personnel announcements 4-12-2010
Intercontinental Real Estate Corp – For your review –
E.
1) Fourth Quarter Report 2009
2) Introduction ltr of 2-19-2010 – Tom Mitchell, Sr Officer, Institutional Services
F. GRS – Steve Palmquist –
1) Ltr of 3-18-2010 – Various actual assumption proposed changes.
2) Analysis of Section 18-180.2 of City Code .
3) Allowable State Revenue – Chapter 175
G. Attorney Report – Adam Levinson
1) Proposed Ordinance – Ad Hoc Supplemental Benefit -
V. CORRESPONDENCE –
VI. OLD BUSINESS –
1
VII. NEW BUSINESS
:
A.Invoices for review and approval:
1. STW Fixed Income Mgt – Qtry fee $
2. Rigel Capital Inc - Qtr end 3-31-2010 - $8,314.25
3. DSM Capital Partners LLC – Qtry fee 6-30-2010 - $11,769.74
4. Bogdahn Group – qtry fee 3-31-10 - $8,375
5. Tegrit Administration – Qtry fee 3-31-2010 - $500
6. DGHM – Management fee 3-31-2010 - $10,837.41
7. Klausner & Kaufman – Service Feb & Mar’10 - $4,530
8. Anchor Capital Advisors- Qtry fee
9. GRS – Service Jan 2010 - $3,571, Feb 2010 - $11,207 & Mar 2010 -
$5,723
10. Retiree Reception - $1,200
11. Exact Progression Macola – Unlimited Training - $1,000
Change in Joint Annuitant/Beneficiary – Board review-
C.
1)Michael Keefe – Modification I – Joint & 50% Survivor Annuity effective Apr
2010
2)David D. Liu – Modification I – Joint & 50% Survivor Annuity effective Apr
2010
VIII. PENSION ADMINISTRATOR’S REPORT:
1.Benefits & terminations as of 05-01-2010
IX. COMMENTS
X. ADJOURNMENT
Next Meeting Date – Thursday, August 12, 2010 @ 2:00PM –
Renaissance Commons Executive Suites
If you cannot attend, please call Barbara @ 561/739-7972.
NOTICE
F’PB
IF A PERSON DECIDES TO APPEAL ANY DECISION MADE BY THE IREFIGHTERS 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
,,
DISABILITY AN EQUAL OPPORTUNITY TO PARTICIPATE IN AND ENJOY THE BENEFITS OF A SERVICE PROGRAM OR ACTIVITY CONDUCTED
.PW(561)742-6013-
BY THE CITY PLEASE CONTACT AM ELSH AT LEAST TWENTYFOUR HOURS PRIOR TO THE PROGRAM OR ACTIVITY IN
.
ORDER FOR THE CITY TO REASONABLY ACCOMMODATE YOUR REQUEST
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