02-23-15CITY OF BOYNTON BEACH
BOARD OF TRUSTEES GENERAL EMPLOYEES' PENSION PLAN
Quarterly Board Meeting
Monday February 23, 2015
Location: Commission Chambers, City Hall
100 E. Boynton Beach Blvd.
Boynton Beach, FL 33435
Plan Administrator: (561) 624-3277
Time: 1:30 PM
AGENDA
I. Call to Order
II. Approval of Agenda
III. Approval of Minutes
A. Regular November 24, 2014
B. Special Meeting January 23, 2015
IV. Presentations
A. Cherry, Bekaert & Holland L.L.P: James Burdick,
1. Audited Financial Statement Report Draft as of October 1, 2014
B. Gabriel Roeder Smith & Company: Peter Strong
1. Actuarial Valuation Report of as on October 1, 2014
C. Interview of Domestic Large Cap Growth Managers:
o DePrince, Race & Zollo, Brian Casey and Jason Palma
V. Investment Report
A. Southeastern Advisory Services: Jeff Swanson (Investment Consultant)
1. Quarterly Investment Performance Report December 31, 2014
VI. Correspondence
No Correspondence
VII. Old Business
No Old Business
VIII. New Business
A. Attorney Report
1. 2015 IRS Mileage Memorandum
2. IRS Position on DROP Plans
3. Special Tax Notice
4. Legislative Update
5. Summary Plan Description
6. Addendum for DePrince, Race & Zollo
B. Administrative Report
1. Warrant for Invoices
2. Fiduciary Liability Insurance Renewal
3. Benefit Approvals
IX. Public Comments
X. Adjournment
NEXT QUARTERLY MEETING DATE: Monday May 18th at 1:30 p.m.
If a person decides to appeal any decision made by this Board with respect to any matter considered at this meeting, 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. (F.S. 286.0105)
Notice: 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 by the City. Please
contact the City Clerk's office at (561) 742-6060 at least 24 hours prior to the program or activity in order for the City to
reasonably accommodate your request.