Current Info

AGENDA for the RETIREMENT BOARD MEETING
to be held in the
PERS' BOARD ROOM
5820 South Eastern Avenue, Suite 220
Las Vegas, Nevada

Wednesday, January 21, 2004

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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. Payden & Rygel - U.S. and International Bond Portfolio presentations (PERS'). (Information)

   2. Alliance Capital Management - S&P 500 Index presentation (PERS', Legislators', and Judicial) and S&P/Barra Value Index presentation (PERS'). (Information)

   3. L&B Realty Advisors - Special Report. (Action)

   4. Portfolio Summary Report. (Information)

   5. Interim Investment Directives, PERS', Legislators', and Judicial Funds. (Action)

2. BOARD
   1. Minutes of the Retirement Board education session and meeting held December 16-17, 2003. (Action)

   2. Retirement Board meeting dates. (Action)

   3. Retirement Board education calendar. (Action)

3. ADMINISTRATION
   1. Evaluation of disability retirement matters. (Action)

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

   3. Approval of a search by Request for Proposal for a Certified Public Accounting firm to perform financial audits for the PERS', Legislators', and Judicial funds. (Action)

   4. Confirmation of the appointment of________ , as PERS' Operations Officer. (Action)

4. RATIFICATION AGENDA
   1. Approval of Administrative Fund disbursements.

   2. Approval of personnel action.

   3. Retroactive approval of amended fee exhibit and S&P 500 Index Investment Performance Guidelines with Mellon Capital Management.

   4. Retroactive approval of Investment Management Agreement and Investment Performance Guidelines with Merril Lynch Investment Managers.

   5. Approval of the City of Las Vegas' request for a penalty waiver in the amount of $1,942.82.

   6. Approval of the City of Sparks' request for a penalty waiver in the amount of $121.38.

   7. Approval of the Phase-In Agreement between the University of Nevada, Reno and Donna Packard with an effective date of January 20, 2004.

   8. Approval of the Phase-In Agreement between the University of Nevada, Reno and Millie L. Syring with a retroactive effective date of January 1, 2004.

   9. Approval of out-of-state travel for the Accountant III to attend the 2004 National Government Finance Officers (GFOA) conference in Milwaukee, Wisconsin, June 13-16, 2004.

   10. Approval of the Final Benefit Audit Report for February 2003.

   11. Approval of out-of-state travel for two staff members to attend training on the installed Optika Imaging System at the Optika training center in Colorado Springs, February 16-20, 2004.

5. DENIALS
   
   

6. APPEALS
   
   
   1. Request by Andrew J. Hartman for Reinstatement of Survivor Benefits. (Action)

   2. Request by Benny Scott for full, unreduced service retirement benefits for the period September 22, 2000 through June 30, 2001.

7. REPORTS
   
   

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

   2. Report by the Deputy Attorney General. (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.