Board of Trustees for the Police Officers' Retirement System

BOARD OF TRUSTEES FOR THE POLICE OFFICERS' RETIREMENT SYSTEM CITY OF DELRAY BEACH, FLORIDA MEETING - WEDNESDAY, NOVEMBER 16, 2022 1:00 PM 300 W ATLANTIC AVENUE, DELRAY BEACH, FL 33444 Regular Meeting 1 Call to Order, Roll Call 2. Agenda Adoption November 16, 2022 3. Fred Zieglar Petition - 1:00 PM Petition Attachments: Petition 4. Comments a. Public Comments b. Board of Trustees of Police Officers’ Retirement System c. Active and Retired Members of the System 5. Consent Agenda a. September 21, 2022 Meeting Minutes Meeting Minutes Attachments: Minutes b. Warrant Ratification (#262) Warrant # 262-263 Attachments: Warrant c. Warrant Approval (#263) Please be advised that if a person decides to appeal any decision made by the City Commission with respect to any matter considered at this meeting, such person will need to ensure that a verbatim record includes the testimony and evidence upon which the appeal is based. The City neither provides nor prepares such record. City of Delray Beach Page 1 Printed on 11/27/2023 Board of Trustees for the Police Meeting November 16, 2022 Officers' Retirement System d. Ratify/Approve – Refunds/Benefit Enhancements/New Retirement/DROP/Vested/Death Annuities Benefits Attachments: Benefits 6. Administrative Items a. Election of Officers for 2023 Elections of Officers Attachments: Annual Election b. Adoption of 2023 Board Meeting Schedule 2023 Calendar Schedule Attachments: 2023 Calendar c. Fiduciary Liability Insurance Renewal for 2023 Insurance Renewal Attachments: Renewal 7. Reports a. NFP Retirement, Inc. – Matt Stewart Report Attachments: Report i. September 30, 2022 Quarterly Report Report Attachments: Report b. AndCo Consulting – Brendon Vavrica, Investment Consultant i. Portfolio Performance Review - Quarter End September 30, 2022 Please be advised that if a person decides to appeal any decision made by the City Commission with respect to any matter considered at this meeting, such person will need to ensure that a verbatim record includes the testimony and evidence upon which the appeal is based. The City neither provides nor prepares such record. City of Delray Beach Page 2 Printed on 11/27/2023 Board of Trustees for the Police Meeting November 16, 2022 Officers' Retirement System Report Attachments: Report ii. Flash Report – October 2022 Flash Report Attachments: Report c. Sugarman, Susskind, Braswell, Herrera – Pedro Herrera, Legal Counsel Report Attachments: Report d. Pension Administrator’s Report – Lisa Castronovo Administrator's Report Attachments: Report_Redacted Adjournment Please be advised that if a person decides to appeal any decision made by the City Commission with respect to any matter considered at this meeting, such person will need to ensure that a verbatim record includes the testimony and evidence upon which the appeal is based. The City neither provides nor prepares such record. City of Delray Beach Page 3 Printed on 11/27/2023