HomeMy WebLinkAbout05-01-2024 AgendaCity of Ocoee Police Officers' & Firefighters' Pension Board REVISED Meeting Agenda
1 N. Bluford Avenue, Ocoee, Florida.
Any Interested parties may appear at the meeting and be heard with respect to the proposed actions; however, attendance inside the Ocoee Commission
Chambers may be limited to accommodate social distancing and is subject to change based on the Governor's Executive Order.
May 1, 2024
1:00 PM
I. CALL TO ORDER: Bryan Pace, William Maxwell, Trey Littlefield and Joe Moy
a. Roll call and determination of quorum
b. Approval of minutes from regular meeting dated February 7, 2024
c. Re -approval of minutes from regular meeting dated August 3, 2022
II. PUBLIC COMMENTS:
Saima Plasencia Early Retirement
III. QUARTERLY INVESTMENT UPDATE: Quarter Ending 3/31/2024
Mariner FKA AndCo and DePrince, Race & Zollo
IV. UNFINISHED BUSINESS:
Summary Plan Description
V. NEW BUSINESS:
DROP Extension Ordinance
DROP Extension Form
VI. CONSENT AGENDA:
For Approval: Warrant #253
AndCo (Q1-2024 Consulting Fee -Invoice #47514 dated 3/8/2024)
$7,000.00
Benefits USA, Inc. (Flat Monthly Fee for April 2024)
$2,500.00
Benefits USA, Inc. (Flat Monthly Fee for May 2024)
$2,500.00
Brandywine Global (Q1-2024 Mgmt. Fee -Inv #BW10553 dated 4/16/2024)
$7,517.42
DRZ (Q1-2024 Mgmt. Fee; Invoice #202401031 dated 4/16/2024)
$8,639.00
Fiduciary Trust (Q1-2024 Custodian Fee -Brandywine; Invoice dated 4/23/2024)
$878.40
Fiduciary Trust (Q1-2024 Custodian Fee-DRZ; Invoice dated 4/23/2024)
$958.26
Fiduciary Trust (Q1-2024 Custodian Fee-GHA; Invoice dated 4/23/2024)
$2,189.17
Fiduciary Trust (Q1-2024 Custodian Fee -Mar Vista Invoice dated 4/23/2024)
$404.48
Fiduciary Trust (Q1-2024 Custodian Fee -R&D Invoice dated 4/23/2024)
$4,477.00
Foster & Foster (Services Rendered; Invoice #29794 dated 1/24/2024)
$23,705.00
Foster & Foster (Services Rendered; Invoice #30905 dated 4/22/2024)
$7,994.00
FPPTA (Annual Conference registration for Littlefield, Maxwell & Moy)
$2,625.00
Garcia Hamilton Assoc. (Q1-2024Mgmt. Fee; Invoice #39411dated 4/3/2024)
$10,991.36
Mar Vista (Q1-2024 Mgmt. Fee; Invoice #14435 dated 4/9/2024)
$3,641.65
Saltmarsh, Cleavland & Gund (Final billing for 9/30/23 audit; Inv #731472)
10,450.00
Sugarman, Susskind ETAL (Legal Fees; Invoice #187019 dated 4/11/2024)
$765.70
Total
$97,236.44
For Ratification: Warrants #251 & 252
Sugarman, Susskind ETAL (Legal Fees; Invoice #1.85245 dated 2/8/2024) $4,580.76
Professional Indemnity Ins. (2024 Fiduciary Liability Insurance renewal) $4,977.28
Total $9,558.04
Benefits USA, Inc. (Flat Monthly Fee for March 2024) $2,500.00
SIMEDHealth, LLC (IME for Michael Menegat) $1,425.00
Sugarman, Susskind ETAL (Legal Fees; Invoice #186093 dated 3/11/2024) $933.73
Total $4,858.73
Agenda Posted 4-25-2024
NOTICE OF REGULAR MEETING
City of Ocoee Police Officers' & Firefighters' Pension Board
May 1, 2024 1:00 PM
490 0 1► 1►1. 1MY 01j
Michael Alexander (Share plan distribution -Rollover)
$8,774.71.
Mark Bousquet (Share plan distribution -cash out)
$9,141.35
Michelle Grogan (DROP exit 1/31/2024; Monthly benefits payable 2/l/2024)
$2,816.40
Michelle Grogan (DROP distribution -Rollover)
$240,040.68
Michelle Grogan (Share plan distribution -cash out)
$5,170.30
Saima Plasencia (Monthly benefit payments effective 1/1/2024; SS option until 5/l/2027)
$2,890.91
Saima Plasencia (Share plan distribution)
$24.47
Total Pension Disbursements
$268,858.82
VII. ATTORNEY'S REPORT:
Update on Michael Menegat Disability (IME scheduled for May 2, 2024)
VIII. MISCELLANEOUS CORRESPONDENCE: (No action required)
IX. COMMENTS FROM TRUSTEES:
X. NEXT MEETING DATE: August 7, 2024 at 1:00 pm.
Future Meeting Dates: November 6, 2024
XL ADJOURN:
PLEASE NOTE: IN ACCORDANCE WITH FLORIDA STATUTE 286.0105: ANY PERSON WHO DESIRES TO APPEAL ANY DECISION AT
THIS MEETING WELL NEED A RECORD OF THE PROCEEDINGS AND FOR THIS PURPOSE MAY NEED TO ENSURE THAT A VERBATIM
RECORD OF THE PROCEEDINGS IS MADE WHICH INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS
BASED. ALSO, IN ACCORDANCE WITH FLORIDA STATUTE 286.26: Persons with disabilities needing assistance to participate in any of these
proceedings should contact the Office of the City Clerk,150 N. Lakeshore Drive, Ocoee, FL 34761, (407) 905-3100, ext. 9-1022, 48 hours in advance of
the meeting. Persons with questions or comments can submit them to livia0benefits-usa.org at least one (1) day prior to the meeting. To
request an electronic copy of the agenda, you may email Iivia0benefits-usa.org or call (954) 401-5019.
Agenda Posted 4-25-2024