Retirement Board

BOCC Meeting Room 204

Agenda — 29 items

1. 1 Call To Order
2. 2 Roll Call ▶ jump to 0:02
3. 3 Notice of the meeting was properly posted on June 21, 2024. ▶ jump to 0:54
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 47:35
6. 6 Approval of Minutes
7. 1. Discussion and possible action regarding the minutes of May 28, 2024. 2024-3068 approve Pass ▶ jump to 48:09
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 48:24
9. 2. Discussion and possible action regarding the Security Trade and Interest Report for May 2024. This item is requested by Mark Seikel, Chief of Investments, Oklahoma County Treasurer's Office. 2024-3069 ▶ jump to 48:12
10. 3. Discussion and possible action regarding Outstanding Retirement Investments at Market Value of $6,575,161.13 and at Par Value of $6,651,970.99 as of May 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. 2024-3071
11. 4. Discussion and possible action regarding the June 2024 Defined Benefit payroll in the amount not to exceed $93,846.32. This item is requested by the Benefits and Retirement Department. 2024-3085
12. 5. Discussion and possible action regarding the monthly investment and administration fees for May 2024 in the amount not to exceed $28,699.91 as submitted by BOK. Monthly investment and administration fees are paid out of the County General Fund. This item is requested by the Benefits and Retirement Department. 2024-3101
13. 13 Departmental Items
14. 6. Discussion and possible action regarding the June 2024 Election Results. Mr. Jonathan Clour's term will be from 7/1/24 - 6/30/27. Item is requested by the Benefits and Retirement department. 2024-3098 approve Pass ▶ jump to 48:56
15. 7. Discussion and possible action regarding the June 2024 Defined Benefit one-time stipends in the amount not to exceed $69,300.00. This item is requested by the Benefits and Retirement Department. 2024-3089 approve Pass ▶ jump to 49:34
16. 8. Discussion and possible action regarding the redirection of retirement contributions in the amount not to exceed $300,000.00 to the Defined Benefit Plan to be invested by the County Treasurer. This item is requested by Keith Bloch. 2024-3120 approve Pass ▶ jump to 53:18
17. 9. Discussion and possible action regarding the May 2024 Forfeiture Account report. This item is requested by the Benefits and Retirement Department. 2024-3097 approve Pass ▶ jump to 53:53
18. 10. Discussion and possible action regarding the Amendment #1 to Oklahoma County Employees' Defined Contribution system. This item is requested by the Benefits and Retirement department. 2024-3102
19. 10. Discussion and possible action regarding the Amendment #1 to Oklahoma County Employees' Defined Contribution system. This item is requested by the Benefits and Retirement department. 2024-3102 approve Pass ▶ jump to 76:34
20. 11. Discussion and possible action regarding the agreement with Sageview for the Defined Benefit actuarial reporting. This item is requested by the Benefits and Retirement department. 2024-3099 approve Pass ▶ jump to 66:50
21. 12. Discussion and possible action regarding the agreement with Johnston & Ahlschwede for the Defined Benefit financial audit. This item is requested by the Benefits and Retirement department. 2024-3100 approve Pass ▶ jump to 67:21
22. 13. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Michael Howell (Application No. 24-24). Effective Date: May 23, 2024. Requested by the Benefits and Retirement Department. 2024-3079 approve Pass ▶ jump to 67:38
23. 14. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Christy McNeal (Application No. 24-25). Effective Date: May 30, 2024. Requested by the Benefits and Retirement Department. 2024-3082 approve Pass ▶ jump to 67:53
24. 15. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Beverly Willhoite (Application No. 24-26). Effective Date: June 15, 2024. Requested by the Benefits and Retirement Department. 2024-3084 approve Pass ▶ jump to 68:08
25. 16. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Lavonne Spencer-Arnold (Application No. 24-27). Effective Date: June 22, 2024. Requested by the Benefits and Retirement Department. 2024-3103 approve Pass ▶ jump to 68:23
26. 25 No Citizen Participation ▶ jump to 68:29
27. 26 Board Comments ▶ jump to 68:32
28. 27 No New Business
29. 28 Adjourn adjourn Pass ▶ jump to 76:43