Retirement Board

BOCC Meeting Room 204

Agenda — 31 items

1. 1 Call To Order ▶ jump to 0:02
2. 2 Roll Call ▶ jump to 0:02
3. 3 Notice of the meeting was properly posted on September 27, 2024. ▶ jump to 0:59
4. 4 For purposes of this agenda “Action” means any of the following: amending, approving, approving as amended, deferring, denying, giving instructions to staff, making a recommendation to another public body, receiving documents or presentations, referring to committee, reconsidering, re-opening, returning, or striking the item.
5. 5 Pledge of Allegiance ▶ jump to 94:59
6. 6 Approval of Minutes
7. 1. Discussion and possible action regarding the minutes of August 26, 2024. 2024-3798 approve Pass ▶ jump to 95:45
8. 8 Consent Agenda Items on the consent agenda are routine in nature and approved with a single vote. However, any item on the consent agenda is subject to individual consideration at the request of a member of the body. approve Pass ▶ jump to 96:38
9. 2. Discussion and possible action regarding the Security Trade and Interest Report for August 2024. This item is requested by Mark Seikel, Chief of Investments, Oklahoma County Treasurer's Office. 2024-3799
10. 3. Discussion and possible action regarding Outstanding Retirement Investments at Market Value of $6,630,847.82 and at Par Value of $6,546,271.20 as of August 31, 2024 as provided by the Bank of Oklahoma/LPL. This item is requested by Mark Seikel, Chief of Investments, Oklahoma County Treasurer's Office. 2024-3800
11. 4. Discussion and possible action regarding the September 2024 Defined Benefit payroll in the amount not to exceed $91,900.79. This item is requested by the Benefits and Retirement Department. 2024-4448
12. 12 Departmental Items
13. 5. Discussion and possible action regarding the Oklahoma County Pension Valuation Summary presentation by Sageview. Requested by the Benefits and Retirement Department. 2024-4449 receive Pass ▶ jump to 116:26
14. 6. Discussion and possible action regarding the Oklahoma County Employees Retirement System GASB 68 Actuarial Valuation report for FY 23/24. This report is for the Oklahoma County Pension Plan. Requested by the Benefits and Retirement Department. 2024-4450 receive Pass ▶ jump to 117:00
15. 7. Discussion and possible action regarding a one-time loan consolidation period. Requested by the Benefits and Retirement Department. 2024-4451 approve Pass ▶ jump to 122:26
16. 8. Discussion and possible action regarding payment in the amount not to exceed $11,900.00 for the Sageview Pension Valuation report. Requested by the Benefits and Retirement Department. 2024-4526 approve Pass ▶ jump to 122:57
17. 9. Discussion and possible action to approve the invoice from Johnston & Ahlschwede, P.C. in the amount of $5,750.00 for the Financial Statement and audit for the year ended June 30, 2024. Requested by the Benefits and Retirement Department. 2024-4528 approve Pass ▶ jump to 123:32
18. 10. Discussion and possible action to receive the FY 23-24 Financial Statement Report for the Oklahoma County Defined Benefit Retirement Plan. Requested by the Benefits and Retirement Department. 2024-4527 receive Pass ▶ jump to 124:39
19. 11. Discussion and possible action regarding the August, 2024, BOK Forfeiture report. Requested by the Benefits and Retirement Department. 2024-4530 receive Pass ▶ jump to 125:59
20. 12. Discussion and possible action regarding the dates and times of the 2025 Regular Scheduled monthly meetings for the Retirement Board. Requested by Clerks of the Board, Office of Maressa Treat, County Clerk per Oklahoma State Statutes 2001 Title 25 § 311. 2024-4459 approve Pass ▶ jump to 126:36
21. 13. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Diana Elston (Application No. 24-35). Effective Date: August 17, 2024. Requested by the Benefits and Retirement Department. 2024-4518 approve Pass ▶ jump to 127:56
22. 14. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Adebola Atoki (Application No. 24-39). Effective Date: August 21, 2024. Requested by the Benefits and Retirement Department. 2024-4519 approve Pass ▶ jump to 128:24
23. 15. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for John Harper (Application No. 24-40). Effective Date: August 31, 2024. Requested by the Benefits and Retirement Department. 2024-4520 approve Pass ▶ jump to 128:38
24. 16. Discussion and possible action regarding Survivor Spouse Defined Benefit Retirement Benefits for Lynda Neuenschwander (Application No. SS 24-41). Effective Date: September 1, 2024. Requested by the Benefits and Retirement Department. 2024-4521 approve Pass ▶ jump to 128:58
25. 17. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Sharon McKinsey (Application No. 24-42). Effective Date: September 12, 2024. Requested by the Benefits and Retirement Department. 2024-4522 approve Pass ▶ jump to 129:20
26. 18. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Kelly Thomas (Application No. 24-43). Effective Date: August 29, 2024. Requested by the Benefits and Retirement Department. 2024-4525 approve Pass ▶ jump to 129:45
27. 19. Discussion and possible action regarding Defined Contribution Retirement Benefits for Charles Loughlin (Application No. 24-38). Effective Date: September 1, 2024. Requested by the Benefits and Retirement Department. 2024-4544 approve Pass ▶ jump to 130:11
28. 28 No Citizen Participation ▶ jump to 130:16
29. 29 Board Comments ▶ jump to 130:26
30. 30 No New Business ▶ jump to 130:50
31. 31 Adjourn adjourn Pass ▶ jump to 131:10