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Retirement Board

May 28, 2024 ·2:30 PM Final

BOCC Meeting Room 204

Agenda — 26 items

  1. 1 Call To Order ▶ jump to 0:01
  2. 2 Roll Call ▶ jump to 0:02
  3. 3 Notice of the meeting was properly posted on May 24, 2024. ▶ jump to 304:31
  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 304:38
  6. 6 Approval of Minutes
  7. 1. Discussion and possible action regarding the minutes of April 29, 2024. 2024-2553 approve Pass ▶ jump to 305:03
  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 305:15
  9. 2. Discussion and possible action regarding the Security Trade and Interest Report for April 2024. This item is requested by Mark Seikel, Chief of Investments, Oklahoma County Treasurer's Office. 2024-2554
  10. 3. Discussion and possible action regarding Outstanding Retirement Investments at Market Value of $6,629,709.44 and at Par Value of $6,733,847.95 as of April 30, 2024 as provided by the Bank of Oklahoma/LPL. This item is requested by Mark Seikel, Chief of Investments, Oklahoma County Treasurer's Office. 2024-2556
  11. 4. Discussion and possible action regarding the monthly investment and administration fees for April 2024 in the amount not to exceed $28,352.98 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. 2024-2547
  12. 5. Discussion and possible action regarding the May 2024 Defined Benefit payroll in the amount not to exceed $96,882.48. This item is requested by the Benefits and Retirement Department. 2024-2548
  13. 13 Departmental Items
  14. 6. Discussion and possible action regarding the June 2024 one-time Defined Benefit stipends of up to $900.00 per participant. This item is requested by Forrest "Butch" Freeman, County Treasurer. 2024-2594 approve Pass ▶ jump to 306:40
  15. 7. Discussion and possible action regarding the renewal Defined Contribution Master Services Agreement with Bank of Oklahoma. This item is requested by the Benefits and Retirement department. 2024-2542 approve Pass ▶ jump to 308:13
  16. 8. Discussion and possible action regarding renewal 457 Master Services Agreement with Bank of Oklahoma. This item is requested by the Benefits and Retirement department. 2024-2545 approve Pass ▶ jump to 308:33
  17. 9. Discussion and possible action regarding the 2024 Retirement Board Election. This item is requested by the Benefits and Retirement department. 2024-2546 approve Pass ▶ jump to 309:05
  18. 10. Discussion and possible action regarding the April 2024 Forfeiture Account report. This item is requested by the Benefits and Retirement Department. 2024-2549 approve Pass ▶ jump to 310:02
  19. 11. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Amy Guisinger (Application No. 24-20). Effective Date: May 4, 2024. Requested by the Benefits and Retirement Department. 2024-2550 approve Pass ▶ jump to 310:14
  20. 12. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Jibbie Roberts (Application No. 24-21). Effective Date: May 1, 2024. Requested by the Benefits and Retirement Department. 2024-2551 approve Pass
  21. 13. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Barbara Scheidler (Application No. 24-22). Effective Date: May 4, 2024. Requested by the Benefits and Retirement Department. 2024-2552 approve Pass ▶ jump to 310:46
  22. 14. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Delores Nitzel (Application No. 24-23). Effective Date: June 1, 2024. Requested by the Benefits and Retirement Department. 2024-2555 approve Pass ▶ jump to 311:03
  23. 23 No Citizen Participation
  24. 24 Board Comments ▶ jump to 311:11
  25. 25 No New Business
  26. 26 Adjourn adjourn Pass ▶ jump to 312:19