1. S&P 500 Index Manager Interviews. (Action)
   1. Mellon Capital;

   2. Merrill Lynch Investment Managers; and

   3. State Street Global Advisors.

2. Private Market Structure Review. (Action)

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

4. Investment Objectives and Policies, Legislators' and Judicial funds. (Action)

5. 2003 Assets Under Management Report - PERS', Legislators', and Judicial funds. (Information)

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

1. Minutes of the Retirement Board's Special meeting held November 12, 2003. (Action)

2. Minutes of the Retirement Board education session and meeting held November 18-19, 2003. (Action)

3. Fiscal Year 2004 Internal Audit Management Plan presentation. (Action)

4. Retirement Board Education Curriculum calendar. (Action)

5. Retirement Board meeting dates. (Action)

1. Fiscal Year 2003 audited financial statements and management letter (with staff responses) for the Public Employees' Retirement System, Legislators' Retirement System, and Judicial Retirement System. (Action)

1. Evaluation of disability retirement matters. (Action)

2. Proposed Purchase of Service Tables and Optional Benefit Factors. (Action)

3. Review of additional language requested to clarify terminology in PERS' Official Policy 11.35. (Information)

4. Minutes and recommendations of the Police and Firefighter's Retirement Fund Advisory Committee meeting held November 20, 2003. (Action)

1. Approval of Administrative Fund disbursements.

2. Approval of personnel action.

3. Approval of out-of-state travel for the Executive Officer to attend the 2004 NASRA Winter Administrators meeting in Washington, D.C. February 7-11, 2004.

4. Retroactive approval of the Performance Expectations Agreement between the Retirement Board and PERS' Executive Officer effective October 29, 2003.

5. Approval of amendment to Barclays Global Investors' Investment Management Agreement with the PERS' fund and U.S. bond index Investment Performance Guidelines.

6. Approval to rescind the termination of Barclays Global Investors' Investment Management Agreement with the Legislators' Retirement System dated May 18, 2001 and approval of Amended Fee Agreement and U.S. bond index Investment Performance Guidelines.

7. Approval to rescind the termination of Barclays Global Investors' Management Agreement with the Judicial Retirement System dated June 20, 2001 and approval of Amended Fee Agreement and U.S. bond index Investment Performance Guidelines.

8. Approval of the Software Maintenance Agreement (SWA) and System Support Agreement (SSA) with ATI, Inc. for the period of January 1, 2004 through December 31, 2004, for the amounts not to exceed $30,710 for the SWA and $2,000 for the SSA.

9. Approval of Final Benefit Audit Reports for October 2002, November 2002, and December 2002.

10. Approval of the Fiscal Year 2003 Internal Audit Management Plan vs. Actual year-end report.

1. Review by the Retirement Board of the PERS' decision related to the settlement award between the City of Reno and the Reno Police Protective Association as requested by both parties.

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.