Agenda 02-07-17
POLICE OFFICERSÔ PENSION FUND
2100 North Florida Mango Road
West Palm Beach, Florida 33409
Telephone: 954.636.7170 Toll Free Fax:866.769.0678
AGENDA
CITY OF BOYNTON BEACH POLICE OFFICERS’ PENSION FUND
2100 North Florida Mango Road
West Palm Beach, FL 33409
February 7, 2017 at 10:00 A. M.
1.CALL TO ORDER
2.ROLL CALL
1
3.PUBLIC DISCUSSION
4.CONSENT AGENDA
a.Warrant Ratifications / Approvals
5.NEW / UNFINISHED BUSINESS
a.Robert Kellman Order Denying Disability
6.ACTUARY REPORT
a.GASB 67 Report
b.Actuarial Valuation Report
c.Benefit Calculations: Option Factors in Determining Benefit Amount
7.AUDIT PRESENTATION
a.Davidson, Jamieson & Cristini
8.MONITOR REPORT
a.Burgess Chambers & Associates
9.INVESTMENT REPORT
a.Russell Investments
10.ATTORNEY’S REPORT
a.Client Memo- 2017 Mileage Rate
b.Client Memo- Online Annual Report
c.Client Memo- Senate Bill 158
d.Client Memo- Pending FRS Mortality Tables
11.PLAN ADMINISTRATOR’S REPORT
a.Audit- Update
b.Death Checks
c.Health Insurance Subsidy Calculations
d.185 Retiree Benefit Calculations
e.Internal Controls - Pension Accounts
f.Philip Hawkins entering DROP
12.OPEN DISCUSSION
13.ADJOURNMENT
14.NEXT MEETING DATE: May 9, 2017 at 10 A.M.
IN COMPLIANCE OF STATE LAW, THE BOARD OF TRUSTEES FINDS THAT A PROPER AND LEGITIMATE PURPOSE IS SERVED WHEN
MEMBERS OF THE PUBLIC HAVE BEEN GIVEN A REASONABLE OPPORTUNITY TO BE HEARD ON A MATTER BEFORE THE BOARD.
THEREFORE, THE BOARD OF TRUSTEES HAVE DETERMINED AND DECLARED THAT THEY WILL A LOT FIFTEEN (15) MINUTES IN TOTAL
FOR THIS PURPOSE; HOWEVER EACH PERSON IS LIMITED TO NO MORE THAN THREE(3)MINUTES TO COMMENT AT EACH MEETING.