EL PASO FIREMEN & POLICEMEN'S PENSION BOARD OF TRUSTEES
REGULAR MEETING TO BE HELD
Wednesday, October 15, 2008 at 1:00 PM
El Paso Firemen and Policemen's Pension Fund Office
Chase Tower, Suite 1616
201 East Main, El Paso, Texas 79901
AGENDA
1. Call to order.
2. Approve minutes of Board meeting held September 17, 2008.
3. Consideration and approval of the Financial Report for the month ending September 30, 2008.
4. Approve Pension Payrolls:
Fire $ 1,596,747.59
Police $ 2,109,669.68
5. Consideration and action on service retirement:
A. Robert E. Cox Fire Department
B. Hector A. Garcia Fire Department
C. Robert J. Coleman Police Department
6. Consideration and action on request for early retirement.
A. Kenith R. Adcox Police Department
B. Scott W. Graves Police Department
7. Consideration and action on request for BackDrop retirement.
Ralph R. Faulkner Fire Department
8. Consideration and action on request for survivor benefits
A. Mary N. Pritchett, survivor of Glenn W. Pritchett, Fire Department
B. Jordan F. Ramey, survivor of Kenneth G. Ramey, Fire Department
C. Mary S. Ross, survivor of Rex D. Ross, Fire Department
D. Sandra A. Varela, survivor of Thomas Varela, Police Department
9. Portfolio review and presentation by Mr. Tim Campbell of Baillie Gifford.
10. Discussion and action on recent developments regarding the Securities Lending Program as presented by Mr. Don Anderson, Mr. David Smith and Mr. Michael Peska.
11. Discussion and action on up-date on the implementation and recent developments of the Pension Administration System by Mr. Andy Flewelling of L.R. Wechsler.
12. Discussion and action with the Stanton Group regarding the recent Actuarial Audit in accordance with the requirements under Texas Government Code Chapter 802.1012 for the period of September 1, 2003 through September 1, 2008.
13. Discussion and action on providing a Cost Of Living Adjustment to Staff in accordance to the latest CPI.
14. Discussion and action on expanding the composition of the Investment Committee.
15. Report of Executive Director.
16. Opportunity for Statements from Retired Members/Public.
This portion of the agenda is for members, retirees, beneficiaries or the public to address the Board of Trustees on any subject within the Board's jurisdiction that is not on today's agenda. To address the Board during Non-Agenda Public Comment, you must complete a Request to Speak form and submit it to the Board Secretary before the meeting begins. To address the Board on a subject that is on today's agenda, you must submit a Request to Speak form before the item is called. These forms are located at the receptionist desk. The Chairperson will call your name to address the Board during Non-Agenda Public Comment or when your item is to be heard. Non-Agenda Public Comment is limited to 3 minutes per speaker and 15 minutes per topic. Public testimony on an item on the Agenda is limited to 3 minutes per speaker and 15 minutes per side. Additional time may be granted at the discretion of the Board.
17. Committee Reports:
A. Actuary/Audit Committee
B. Budget & Finance Committee
C. Disability Committee
D. Investment Committee
E. Personnel Committee
18. For Notation: Cost of Living Adjustments
A. Toney L. Brooker Fire Department
B. Carlos G. Gonzalez Police Department
C. Antonio Hernandez Police Department
D. Carlos R. Andrade Police Department
E. James S. Arbogast Police Department