Police & Fire Retirement Board

Board of Trustees Police and Fire Retirement System Act345 A Pension Plan and Trust Fund 41625 Ryan Rd. Sterling Heights, Michigan 48314-3945 John Lamerato VanOverbeke, Michaud & Timmony, P.C. President AGENDA Legal Counsel Kelly Burgan Secretary POLICE AND FIRE RETIREMENT SYSTEM, ACT 345 Randall Schwarb MARCH 18, 2021 AT 3:30 PM Trustee REGULAR MEETING Robert Maleszyk "To mitigate the spread of the novel coronavirus (COVID-19), a new strain of coronavirus that had not been Trustee previously identified in humans which can easily spread from person to person and can result in serious illness or death, the meeting is being held electronically in accordance with Section 3a the Open Meetings Act in an Mary Chavez effort to protect the health and safety of the public." Members of the public wishing to participate in the meeting City Treasurer may do so by clicking on the link below or calling into the meeting. You may also direct any questions or comments to the Doard via email at kdzwonkowski@sterling-heights.net. https://zoom.us/j/93594084289?pwd-VmdvN3MrQXVjaGc4Q2dDOEZNZW9rZz09 · Meeting ID: 935 9408 4289 Passcode: 346813 1. OPEN MEETING 2. ROLL CALL 3. APPROVAL OF CONSENT AND REGULAR AGENDAS 4. APPROVAL OF MINUTES - Regular meeting of 2/18/21 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 March 2021 d. Merrill Lynch Bond Index for February 2021 10. BENEFITS & PLAN ADMINISTRATION a. Old Business Regular Meeting Agenda - March 18, 2021 Page Two 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. Lisa La8aere - partial DROP distribution 9. FUNDS MANAGEMENT a. Rebalance of Funds b. Investment Policy Statement 10. BENEFITS & PLAN ADMINISTRATION a. New Business 1. Account Transfer for benefit payments 11. TRUSTEE COMMENTS 12. ADJOURNMENT Kelly Burgan Secretary KB/kd