Current Info

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

Wednesday, February 18 and Thursday, February 19, 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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INVESTMENTS
1. Investment Risk. (Information)

ADMINISTRATION

1. Member and Retiree Services - Structure and Responsibilities. (Information)

QUESTIONS AND ANSWERS
RECESS

INVESTMENTS

1. Western Asset Management, Active U.S. Bond Portfolio presentation. (Information)

2. Callan Associates Presentation - Consultant Conflicts of Interest and Callan Organizational Overview. (Information)

3. Quarterly Performance Review, PERS', Legislators', and Judicial Funds. (Action)

4. Loomis, Sayles, Active U.S. Value Stock presentation. (Action)

5. Active U.S. Growth Stock Manager Search. (Action)

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

BOARD

1. Minutes of the Retirement Board meeting held January 21, 2004. (Action)

2. Retirement Board meeting dates. (Action)

3. Retirement Board education calendar. (Action)

ADMINISTRATION

1. Evaluation of disability retirement matters. (Action)

2. Internal Audit Report on the Division of Insurance - Determination of Employment Status. (Action)

3. Proposed revision to PERS' Official Policies 6.6 and 11.23. (Action)

4. Survivor benefit reinstatement report and request. (Action)

5. Minutes and recommendations of the Police and Firefighters' Retirement Fund Advisory Committee meeting held February 5, 2004. (Action)

6. Grover C. Dils Medical Center - Outstanding payment of contributions and penalties. (Action)

7. Clark County Team-Academy - Outstanding payment of contributions and penalties. (Action)

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

1. Approval of Administrative Fund disbursements.

2. Approval of personnel action.

3. Retroactive approval of the Investment Management Agreement with Mellon Capital Management.

4. Approval of out-of-state travel for the Assistant Investment Officer and Administrative Analyst to attend the National Association of State Investment Professionals conference in Austin, Texas April 4-7, 2004.

5. Approval of the Internal Audit Division's Compliance Audit Report for the Fiscal Year Ending June 30, 2003.

6. Approval of the Final Benefit Audit Report for January 2003.

7. Approval of the Benefit Payment Audit for the quarter ending December 31, 2003.

8. Approval of out-of-state travel for one Internal Auditor to attend the MIS Course, "Fundamentals of Internal Auditing", April 21-23, 2004 in Los Angeles, California.

APPEALS

1. Request by Ms. Da Lonnie Jensen for Single Survivor Benefits from the account of deceased member Patricia Jensen.

2. Request by Paul Parrish for continuation of unreduced benefit payments without having to complete payment of service validation agreements.

DENIALS
REPORTS
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.