Police & Fire Retirement Board

Board of Trustees Police arrr,d Fire Retirerm,errit System Act 345 A Pension Plan and Trust Fund 41625 Ryan Rd. Sterling Heights, Michigan 4831 4-3945 John Lamerato VanOverbeke, Michaud & Timmony, P.C. President Legal Counsel Kelly Burgan Secretary REGUIAR MEETING AGENDA Randall Schwarb POLICE AND FIRE RETIREMENT SYSTEM, ACT 345 Trustee MAY 21, 2020 AT 3:30 PM, REGUIAR & QRTLY MEETING Robert Maleszyk Trustee VIDEO CONFERENCE CALL INFO: Mary Jaganjac City Treasurer https://us02web.zoom.us/i/2492562887?pwd=R2h0ViRiMnZ3Tlo3SzhoU lNhTlNaUTOSlnter Meeting lD: 249 2562887 Password:722246 "With Executive Order 2O2O-4, Governor Whitmer declared a statewide state of emergency due to the spread of the novel coronavirus (COVID-19), This is a new strain of coronavirus that had not been previously identified in humans, can easily spread from person to person, and can result in serious illness or death. To mitigate the spread of COVID-19 and to provide essential protections to vulnerable Michiganders and this state's health care system and other critical infrastructure, it is crucialthat all Michiganders take steps to limit in-person contact, particularly in the context of large groups. Therefore, this meeting will be conducted via video conference call." ln order to join the meeting, click the link above. 1. OPEN MEETING 2. ROLL CALL 3. APPROVAL OF CONSENT AND REGULAR AGENDAS 4. APPROVAL OF MINUTES - Regular Meeting ot lL6/20 5. CITIZEN PARTICIPATION To communicate your concerns or comments on the meeting, please speak when this line item is reviewed or during general discussion as thoughts and feedback arise. The City of Sterling Heights will provide necessary reasonable auxiliary aids and services to individuals with disabilities at the meeting upon 7 days notice to the Community Relations Department at 446-C|TY. 6 REPORT FROM BOARD'S LEGAL COUNSEL Regular Meeting Agenda - May 21,2420 Page Two 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 May 2020 d. Merrill Lynch Bond lndex forApril 2020 10 BENEFITS & PLAN ADMINISTRATION a. Old Business 1. Scott Sorenson - EROP application 2. Michael Kunath - EROP application 3. Brandon Pluger - EROP application 4. Jeffrey Duncan - EROP application REGULAR AGENDA 8. APPROVAL OF BILLS AND EXPENDITURES a. Disbursements (bills, etc.) other than retiree benefit payments b. Disbursements to retirees/members other than monthly benefit payments 1. None I FUNDS MANAGEMENT e. Quarterly Performance Report 1. The Brice Group 10 BENEFITS & PLAN ADMINISTRATION a. New Business 1. Todd Rotter - lncome Withholding Order 2. Service Credit Purchases and Refunds Proposed Resolution 3. Account Transfer for June benefit payments 11. TRUSTEE COMMENTS 12. ADJOURNMENT 9(ellgluqanil<d Kelly Burgan Secretary KB/Kd