Agenda 11-10-09
BOYNTON BEACH POLICE OFFICERS’ PENSION FUND
QUARTERLY BOARD MEETING
Tuesday, November 10, 2009 @ 9:30 AM
Renaissance Executive Suites – Conference Room #1
1500 Gateway Blvd., Suite # 220
Boynton Beach, FL 33426
AGENDA
I.CALL TO ORDER – Lt. Gary Chapman, Chairman
II. AGENDA APPROVAL
III. APPROVAL OF MINUTES –
Quarterly Meeting – August 11, 2009
Special Meeting August 31, 2009 & October 1, 2009
IV. FINANCIAL REPORTS:
A) Quarterly Investment Review – Plan Year & Quarter ending 9-30-09
1.)Russell Investment Group – Glenn Harris, Client Executive-
1)
Portfolio review for September 30, 2009
2.) Burgess Chambers & Associates (BCA) – Burgess Chambers, President
1)
Fund Performance review for September 30, 2009
2) Rate of Return - analysis
V. CORRESPONDENCE:
1)
Clarify the Feb 2010 Conference/School is NAPO – National Association of
rd
Police Organizations, Inc. - with additional 3 member to attend.
VI. OLD BUSINESS:
VII. NEW BUSINESS:
A. Invoices for review and approval:
1.Russell Investment Gp. – Quarter End 09-30-2009 - $66,100
2.Russell Payment Services – Quarter End 09-30-09 - $649.55
3.Perry & Jensen – Service thru 10-15-09 - $683.00
4.Burgess Chambers & Assoc – 3rd Qtr 2009 fee - $5,000
5.Gabriel, Roeder, Smith & Co- Service thru 8-31-09 - $2,106
B. Attorney Report – Bonni Jensen
1) Restatement of Plan document – amendment 10-01-2009
2) Change of Joint Annuitant/Beneficiary – Ltr of 9-16-09 by Steve Palmquist
and Duane Howison, GRS.
C. Special December Meeting
– Audit presentation set up meeting.
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VIII. PENSION ADMINISTRATOR’S REPORT
1.Benefits , terminations & DROP rollover balances as of 09-30-2009
2.Scheduled 2010 Quarterly Board Meetings
3.Update of authorized signatures- Russell
IX. COMMENTS:
X. ADJOURNMENT:
Next Regular Meeting Date – Tuesday, February 9, 2010 @ 9:30 a.m. –
Renaissance Commons
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
,,
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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