Board Of Trustees for the Firefighters' Retirement System

SWINTON OPERATIONS CENTER, TRAINING ROOM 434 S. SWINTON AVENUE, DELRAY BEACH, FL 33444

Agenda — 45 items

1. 1. Call to Order, Roll Call
2. 2. Agenda Adoption
3. 3 October 16, 2025
4. 3. Comments
5. a. Public Comments
6. b. Board of Trustees of Firefighters’ Retirement System
7. c. Active and Retired Members of the System
8. 4. Consent Agenda
9. a. May 15, 2025 Regular Meeting Minutes
10. 10 Meeting Minutes 25-1104
11. b. May 29, 2025 Special Meeting Minutes
12. 12 Special Meeting Minutes 25-1200
13. c. Warrant Ratification (#291)
14. 14 Warrant (#291) 25-1105
15. d. Warrant Approval (#292)
16. 16 Warrant (#292) 25-1106
17. e. Ratify/Approve – Refunds/Benefit Enhancements/New Retirement/DROP/Vested/Death Annuities
18. 18 Benefits 25-1107
19. f. Administrative Expense Budget for 2025-26
20. 20 Budget for 2025-26 25-1109
21. 5. Reports
22. a. Investment Reports, Mariner Institutional
23. i. Portfolio Performance Review - Quarter End June 30, 2025
24. 24 Report 25-1110
25. ii. Flash Report – August 2025
26. 26 Report 25-1223
27. iii. International Developed Core Equity Manager Analysis
28. 28 Report 25-1111
29. iv. Introduction to Infrastructure
30. 30 Introduction to Infrastructure 25-1204
31. v. Investment Policy Statement Update
32. 32 Investment Policy Statement 25-1205
33. vi. Cashflow Projection, How to Invest City and State Contributions
34. 34 Cash Flow Projection 25-1112
35. b. Legal Report, Sugarman Susskind Braswell & Herrera
36. i. Investment Consultant RFP Discussion
37. 37 Report 25-1224
38. c,. Pension Administrator Report
39. 39 Report 25-1113
40. 6. Administrative Items
41. a. Interest on Return of Member Contributions (Refunds)
42. 42 Refunds 25-1114
43. b. DROP Plan Fiduciary Investment Review
44. 44 DROP Plan Invest Review 25-1201
45. 45 Adjournment