Police & Fire Retirement Board

AGENDA POLICE AND FIRE RETIREMENT SYSTEM, ACT 345 NOVEMBER 17, 2016 AT 3:30 P.M. REGULAR MEETING FIRE DEPARTMENT CONFERENCE ROOM 41625 RYAN ROAD STERLING HEIGHTS, MI 48313 (586) 726-1268 1. OPEN MEETING 2. ROLL CALL 3. APPROVAL OF CONSENT AND REGULAR AGENDAS 4. APPROVAL OF MINUTES - Regular meeting of 10/20/16 5. CITIZEN PARTICIPATION 6. REPORT FROM BOARD'S LEGAL COUNSEL CONSENT AGENDA 7. CORRESPONDENCE 8. APPROVAL OF BILLS AND EXPENDITURES c. Checking Account Summary d. Transmittal of Checks 9. FUNDS MANAGEMENT a. Current value of funds b. Year-to-date Tax Disbursement c. Benefit Register Listing for November 2016 d. Merrill Lynch Bond Index for October 2016 10. BENEFITS & PLAN ADMINISTRATION a. Old Business Regular Meeting Agenda – November 17, 2016 Page Two REGULAR AGENDA 8. APPROVAL OF BILLS AND EXPENDITURES a. Disbursements (bills, etc.) other than retiree benefit payments b. Disbursement to retirees/members other than monthly benefit payments 1. 2017 Annual benefit allowances 2. Don Mankiewicz - partial DROP distribution 3. Christopher Parmentier – partial DROP distribution 4. Kevin Conlan – partial DROP distribution 9. FUNDS MANAGEMENT e. Quarterly Performance Report 1. The Brice Group 10. BENEFITS & PLAN ADMINISTRATION a. New Business 1. Antoinette Fett – duty disability annual medical report review - discussion 11. TRUSTEE COMMENTS 12. ADJOURNMENT Mark Wellhausen Secretary MW/nd