Thursday, August 31, 2023
11:00 am - 12:00 pm

1. Approval of Agenda
2. Call to Order & Roll Call
3. Approval of Previous Minutes for meeting of May 25, 2023.
4. Report by accounting firm on Pension portion of annual City audit (Mike Williams / Sikich accounting firm)
5. Financial Department Reports (Finance Director)
   1. Unaudited, quarterly financial reports.
   2. Reports on employee contributions.
   3. Review of service provider bills.
   4. Status of City audit including audit of Pension Plan
6. Investment Consultant Report (Barry Bryant with Dehab)
   1. Investment report through June 30, 2023.
   2. Trade recommendations
7. Benefits Applications and Appeals (Chief Jim Linhardt/Chief Art Jackson)
   1. Report by Art Jackson on claim status of deceased non—vested participant who was married in Egypt (death certificate and proof of marriage).
8. Actuarial Report (Mike Sudduth / Milliman)
   1. Presentation of final actuarial reports and/or report on status.
   2. Presentation of report on proposed closing of Pension Plan to new entrants who would be moved to LAGERS.
9. Legal Report (Jim Singer/Schuchat, Cook and Werner)
10. Old Business
    1. June 8, 2023 quote from Travelers for a $2,000,000 policy covering claims against the Pension Board. The annual premium quote $3,697.
11. New Business
12. Adjournment