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 Lamcralo VanOverbeke, Michaud & Timmony, P.C. President Legal Counsel Jonathan Feil Secretary Randall Schwarb AGENDA Trustee Robert Malcszyk POLICE AND FIRE RETIREMENT SYSTEM, ACT 345 Trustee NOVEMBER 18, 2021 AT 2:30 PM Mary Chavez REGULAR & QUARTERLY MEETING City Treasurer FIRE DEPARTMENT CONFERENCE ROOM 41625 RYAN ROAD STERLING HEIGHTS, Ml 48314 (586) 446-2958 1. OPEN MEETING 2. ROLL CALL 9. FUNDS MANAGEMENT- INVESTMENT MANAGER PRESENT ATIONS (COMBINED MEETING WITH GERS AND PFRS) b. Educational Presentations - Hedge Funds 1. 2:30 PM - Lazard - Michael Schram 2. 3:00 PM Cohen & Sheers - Jim Shields 3. APPROVAL OF CONSENT AND REGULAR AGENDAS 4. APPROVAL OF MINUTES - Regular meeting of 10/21/21 5. CITIZEN PARTICIPATION 6. REPORT FROM BOARD'S LEGAL COUNSEL CONSENT AGENDA 7. CORRESPONDENCE 8. APPROVAL OF BILLS AND EXPENDITURES a. Checking Account Summary b. Transmittal of Checks 9. FUNDS MANAGEMENT a. Current value of funds b. Year-to-date Tax Disbursement c. Benefit Register Listing for November 2021 ct. Bond Indices for October 2021 10. BENEFITS & PLAN ADMINISTRATION a. Old Business 1. 2021 Annual Verifications