Current Info

AGENDA for the RETIREMENT BOARD EDUCATION
SESSION AND RETIREMENT BOARD
MEETING
to be held in the
PERS' LAS VEGAS OFFICE BOARD ROOM
5820 South Eastern Avenue, Suite 220
Las Vegas, Nevada

Tuesday, July 15 and Wednesday, July 16, 2003

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This is the tentative schedule for the meeting. The Board reserves the right to take items in a different order to accomplish business in the most efficient manner.

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PERS, 693 West Nye Lane, Carson City
State Department of Personnel, Blasdel Building, Carson City
Clark County School District, 2832 Flamingo Rd., Las Vegas
PERS, 5820 South Eastern Ave, Suite 220, Las Vegas
Washoe County, 1001 East 9th Street, Reno

In addition, the agenda was mailed to every public employer, the news media, and other groups and individuals as requested.

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1. INVESTMENTS

   1. Real Estate Investment Trust (REIT) Fundamentals.

2. ADMINISTRATION

   1. Actuarial Assumption Review.

3. QUESTIONS AND ANSWERS

4. RECESS

1. INVESTMENTS

   1. Real Estate Program Review. (Information)

   2. L&B Realty Advisors Background Information. (Information)

   3. Invesco Realty Advisors, Presentation of Annual Real Estate Portfolio Reviews. (Information)

   4. Atlanta Capital Management, U.S. Growth Equity presentation. (Information)

   5. Pathway Capital Management, Annual Alternative Investment Portfolio Review presentation. (Information)

   6. Portfolio Summary Report. (Information)

   7. Interim Investment Directives - PERS, Legislators' and Judicial funds. (Action)

2. BOARD

   1. Election of Retirement Board Chairman and Vice Chairman. (Action)

   2. Report and recommendations from the Retirement Board Subcommittee determining the process for recruitment and selection of PERS' new Executive Officer. (Action)

   3. Annual Executive Staff Performance Review. (Action)

   4. Minutes of the Retirement Board Meeting held June 17, 2003. (Action)

   5. Retirement Board meeting dates for January 2004 through June 2004. (Action)

   6. Retirement Board meeting dates for the remainder of 2003. (Action)

3. ACCOUNTING

   1. 2004-2005 Spending authority review. (Information)

4. ADMINISTRATION

   1. Evaluation of disability retirement matters. (Action)

   2. Hearing on PERS' Official Policies Additions - Extra-Duty Assignments and Lump Sum Payments of Compensation. (Action)

   3. Minutes and recommendations from the Police and Firemen's Retirement Fund Advisory Committee Meeting held June 24, 2003. (Action)

   4. Report by the Deputy Attorney General. (Information)

   5. Individual statements and/or requests by the members, retired employees and/or the public. (Information)

   6. Administrative report by Staff. (Information)

   7. Questions and/or comments by members of the Retirement Board. (Information)

5. LEGISLATION

   1. Senate Bill 345 of the 2003 regular session of the Nevada Legislature. (Action)

   2. Senate Bill 447 of the 2003 regular session of the Nevada Legislature. (Information)

   3. Legislative matters that develop after publication of the agenda and which, due to scheduling, must be acted upon at this time. (Action)

6. RATIFICATION AGENDA (All items in this section will have action taken.)

   1. Approval of Administrative Fund disbursements.

   2. Approval of personnel action.

   3. Approval of out-of-state travel for appropriate staff and Board members to attend the National Association of State Retirement Administrators' (NASRA) annual conference being held in Monterey, California, August 1-6, 2003.

   4. Approval of University Medical Center's request for a penalty waiver in the amount of $769.50 for late submittal of January 2003 contributions.

   5. Approval of Investment Performance Guidelines with Invesco Realty Advisors, Mortgage Portfolio and Nye Lane Property.

   6. Approval of the Benefit Payment Audit report for March 2003.

   7. Approval of the Final Benefit Audit report for March 2002.

7. APPEALS

   1. Appeal of Isophine Atkinson for beneficiary benefits from the account of deceased retiree, Bobbie J. Atkinson.

8. DENIALS
   
   

9. REPORTS
   
   
   

   NOTE: We are pleased to make reasonable accommodations for persons who are disabled and wish to attend the meeting. If special arrangements are required, please notify Karen Kimball, in writing, 693 West Nye Lane, Carson City, NV 89703, or by calling (775) 687-4200, as soon as possible.