Retirement Board

BOCC Meeting Room 204

Agenda — 27 items

1. 1 Call To Order ▶ jump to 0:38
2. 2 Roll Call ▶ jump to 0:43
3. 3 Notice of the meeting was properly posted on January 26, 2024. ▶ jump to 3:49
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 78:15
6. 6 Approval of Minutes
7. 1. Discussion and possible action regarding the minutes of December 18, 2023. 2024-0306 approve Pass ▶ jump to 78:43
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 78:56
9. 2. Discussion and possible action regarding the Security Trade and Interest Report for December, 2023. This item is requested by Mark Seikel, Chief of Investments, Oklahoma County Treasurer's Office. 2024-0307
10. 3. Discussion and possible action regarding Outstanding Retirement Investments at Market Value of $5,862,661.31 and at Par Value of $5,699,651.72 as of December 31, 2023 as provided by the Bank of Oklahoma/LPL. This item is requested by Mark Seikel, Chief of Investments, Oklahoma County Treasurer's Office. 2024-0309
11. 4. Discussion and possible action regarding the monthly investment and administration fees for December 2023 in the amount not to exceed $27,382.42 as submitted by BOK. Monthly investment and administration fees are paid out of the County General Fund. This item is requested by Jon Wilkerson, Director of Benefits and Retirement. 2024-0341
12. 5. Discussion and possible action regarding the January 2024 Defined Benefit payroll in the amount not to exceed $98,145.40. This item is requested Jon Wilkerson, Director of Benefits and Retirement. 2024-0342
13. 13 Departmental Items
14. 6. Discussion and possible action regarding the purchase of the stipulated judgment in Demetrius T. Dooley, Jr., Teela S. Jackson-Madison, and Tiffani Mitchell for Leani Madison, a minor, v Oklahoma County Sheriff, Official Capacity, CJ-2023-6909 in the amount of $27,837.10. Requested by Forrest "Butch" Freeman, County Treasurer. 2024-0155 approve Pass ▶ jump to 79:20
15. 7. Discussion and possible action regarding the December 2023 Forfeiture Account report. This item is requested by Jon Wilkerson, Director of Benefits and Retirement. 2024-0343 approve Pass ▶ jump to 80:07
16. 8. Discussion and possible action regarding the redirection of retirement contributions in the amount not to exceed $1,000,000.00 to the Defined Benefit Plan to be invested by the County Treasurer with an effective date of January 31, 2024. The required contribution amount is $729,948.00. This item is requested by Jon Wilkerson, Director of Benefits and Retirement. 2024-0344 approve Pass ▶ jump to 82:28
17. 9. Discussion and possible action regarding the 2024 Retirement Board Special Election. Item requested by Jon Wilkerson, Director of Benefits and Retirement. 2024-0345 approve Pass ▶ jump to 84:49
18. 10. Discussion and possible action regarding Defined Contribution Retirement Benefits for Rebecca Sitler (Application No. 24-01). Effective Date: January 21, 2024. Requested by Benefits and Retirement. 2024-0346 approve Pass ▶ jump to 85:08
19. 11. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Peggy Grant (Application No. 24-02). Effective Date: January 21, 2024. Requested by Benefits and Retirement. 2024-0347 approve Pass ▶ jump to 85:22
20. 12. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Virginia Cloud (Application No. 24-03). Effective Date: January 27, 2024. Requested by Benefits and Retirement. 2024-0348 approve Pass ▶ jump to 85:32
21. 13. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Charles Daves (Application No. 24-04). Effective Date: February 1, 2024. Requested by Benefits and Retirement. 2024-0349 approve Pass ▶ jump to 85:43
22. 14. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Dorinda Berry (Application No. 24-05). Effective Date: January 20, 2024. Requested by Benefits and Retirement 2024-0350 approve Pass ▶ jump to 86:05
23. 15. Discussion and possible action regarding Defined Contribution Retirement and Health Benefits for Carl Eizenga (Application No. 23-36). Effective Date: December 22, 2023. Requested by Benefits and Retirement 2024-0351 approve Pass ▶ jump to 86:21
24. 24 No Citizen Participation ▶ jump to 86:27
25. 25 Board Comments ▶ jump to 86:28
26. 26 New Business ▶ jump to 87:34
27. 27 Adjourn approve Pass ▶ jump to 87:45