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HomeMy WebLinkAbout05-04-2016 Agenda CITY OF OCOEE MUNICIPAL GENERAL EMPLOYEES' BOARD OF TRUSTEES QUARTERLY MEETING CITY HALL, COMMISSION CHAMBERS 150 NORTH LAKESHORE DRIVE, OCOEE, FL 34761 AGENDA Wednesday, May 4, 2016 - 10:00 A.M. Pursuant to Chapter286, F.S., if an individual decides to appeal any decision made with respect to any matter considered at a meeting or hearing, that individual will need a record of the proceedings and will need to insure that a verbatim record of the proceedings is made. In accordance with the Americans with Disabilities Act, persons needing assistance to participate in any of these proceedings should contact Beth Eikenberry, 407 - 905 -3100, prior to the meeting. I. CALL TO ORDER /ROLL CALL /DETERMINATION OF A QUORUM II. PUBLIC COMMENTS III. APPROVAL OF MINUTES 1. February 3, 2016 quarterly meeting IV. CONSENT AGENDA 1. Payment ratification a. Warrant #14, #15, #16 2. New invoices for payment a. Warrant #17 3. Retiree list from Fifth Third V. NEW BUSINESS 1. Quarterly retiree activity report 2. Discussion of recent service issues with Fifth Third 3. Appointment of new RMLO VI. OLD BUSINESS VII. REPORTS (ATTORNEY /CONSULTANTS) 1. Foster & Foster, Board Actuary, Doug Lozen a. Discussion of the early retirement penalty b. Discussion of existing Board policy regarding calculation of Credited Service for benefit calculations 2. The Bogdahn Group, Performance Consultant, Tim Nash a. Quarterly report as of March 31, 2016 3. Christiansen & Dehner, Plan Attorney, H. Lee Dehner a. Legislative /legal updates VIII. STAFF REPORTS, DISCUSSION, AND ACTION 1. Ferrell Jenne, Plan Administrator a. Educational opportunities i. Division of Retirement Conference, May 16 -18, Tallahassee, FL ii. FPPTA Annual Conference, June 26 -29, 2016, Orlando, FL b. Fiduciary liability insurance premium change c. Update Fifth Third authorized signature sheet d. Update on SB 534 posting requirements IX. TRUSTEES' REPORTS, DISCUSSION, AND ACTION / CITY LIAISON X. DISCUSS AGENDA ITEMS FOR NEXT BOARD MEETING XL ADJOURNMENT Next Regular Meeting Date: August 3, 2016 at 10:OOAM