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AGENDA for the RETIREMENT BOARD EDUCATION SESSION AND RETIREMENT BOARD MEETING
to be held in the
RETIREMENT SYSTEM BOARD ROOM
693 West Nye Lane, Carson City, Nevada

Tuesday, November 18 and Wednesday, November 19, 2003

___________________________________________________

Education Session Schedule
November 18, 2003 3:00 p.m.
  • Education Session
  •      
  • Investments
  •      
  • Administration
  •      
  • General Questions & Answers
  •    5:00 p.m.
  • Recess
  • ___________________________________________________

    Board Meeting Schedule
    November 19, 2003 8:00 a.m.
  • Investments
  •      
  • General Business
  •    11:45 p.m.
  • Lunch
  •    1:00 p.m.
  • Closed consideration of disability retirement applications by authority of NRS 241.030(1-2)
  •      
  • General Business
  •      
  • Closed litigation discussions under authority of NRS 286.150, if necessary
  •      
  • Adjournment
  • ___________________________________________________

    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.

    ___________________________________________________

    This agenda was posted at:

    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.

    ___________________________________________________

      NOVEMBER 18, 2003
      Education Session Agenda

  • INVESTMENTS

    1. Asset Safeguards.

  • ADMINISTRATION

    1. Actuarial Valuation Process.

  • QUESTIONS AND ANSWERS

  • RECESS


    NOVEMBER 19, 2003
    Board Meeting Agenda

    1. INVESTMENTS

      1. Quarterly Performance Review, PERS', Legislators', and Judicial funds. (Action)

      2. GE Asset Management - Special Report. (Action)

      3. J&W Seligman, U.S. Value Stock Presentation. (Information)

      4. U.S. Bond Index Management Interview - Barclays Global Investors. (Action)

      5. S&P 500 Index Manager Search - Interview Candidate Selection. (Action)

      6. Investment Objectives and Policies, PERS' fund. (Action)

      7. International Stock Investment Plan, PERS' fund. (Action)

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

    2. BOARD

      1. Adoption of Proposed Retirement Board Education Session Curriculum Calendar for 2004. (Action)

      2. Minutes of the Retirement Board meeting held October 28-29, 2003. (Action)

      3. Retirement Board meeting dates. (Action)

    3. ADMINISTRATION

      1. Evaluation of disability retirement matters. (Action)

      2. Fiscal Year 2003 Actuarial Valuation Report. (Action)

      3. Public Hearing and approval of proposed revisions to PERS' Official Policies dated January 21, 2004, in accordance with NRS 286.200(2)(d). (Action)

      4. Proposed Disaster Recovery Site Lease with C&A Investments LLC for the period of December 1, 2003 through December 31, 2008. (Action)

    4. 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 independent contract with Panda, Inc. to print the Comprehensive Annual Financial Report (CAFR) for fiscal year 2003 for an amount not to exceed $7,500.

      4. Approval of the City of Carson's request for a penalty waiver in the amount of $750.59.

      5. Approval of the Final Benefit Audit Report for September 2002.

      6. Approval of the Benefit Payment Audit Report for the quarter ending September 30, 2003.

    5. DENIALS


    6. REPORTS


    7. COMMENTS


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

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

      3. Administrative report by Staff. (Information)

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

      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.




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