Pioneer Library System Board of Trustees Special Meeting

Pioneer Library System AGENDA Investment Review Meeting for December 31, 2017 Reporting Period Date: March 27, 2018 Time: 4:00 – 5:30 PM CST Attendees  Pioneer Library System Retirement Committee Members: Chuck Thompson, Doug Buck, Lisa Wells, Jennifer Marshall, Mark Alfonso, Charlie Sherman and Aiden Street  Pioneer Library System Retirement Committee Guest: Jon Myers  Lockton Retirement Services: David Altimont and Leanne Lewallen  MassMutual: Nate Belshaw Agenda Items  Review Prior Meeting Minutes – Leanne Lewallen  MassMutual Plan Review – Nate Belshaw  Plan Statistics  2017 Board Report / Executive Summary – Leanne Lewallen  Fiduciary Governance Checklist / Cyber Security Assessment – Leanne Lewallen  Lockton Investment Review – David Altimont  Market Commentary / Plan Level Analysis / Asset Allocation  December 31, 2017 Plan Performance / Scorecard  MFS® Utilities R3 (MMUHX)  Compliance Commentary – Leanne Lewallen  Pioneer Library System – Lisa Wells / Doug Buck  DC Plan Updates  Formula for Participants in DC and DB Plans  Formula for Participants in DC Plan Only  Contribution Amounts for All Participants  DC Plan Amendment  Resolution to Adopt DC Plan Amendment  DB Plan Updates  Valuation Report  Quarterly Contribution Amount to DB Plan  Next Investment Review – June 30, 2018 Reporting Period