Current Info

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

Tuesday, April 20 and Wednesday, April 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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INVESTMENTS

1. REIT Index Management. (Information)

ADMINISTRATION

1. Actuarial Funding. (Information)

QUESTIONS AND ANSWERS
RECESS

INVESTMENTS

1. UBS Global Asset Management, Active and Index International Bond Presentations. (Information)

2. Dodge & Cox, Active U.S. Bond Presentation. (Information)

3. REIT Index Management Interviews. (Action)
   1. AllianceBernstein
   2. Barclays Global Investors
   3. Invesco Realty Advisors

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

BOARD

1. Minutes of the Retirement Board education session and meeting held March 16 and 17, 2004. (Action)

2. Retirement Board meeting dates. (Action)

3. Retirement Board education curriculum calendar. (Action)

ACCOUNTING

1. Selection of Accounting Firm to provide annual financial audits for the PERS', Legislators', and Judicial funds for fiscal years 2004 through 2008. (Action)

2. Fiscal Year 2004/05 Summary Budget. (Information)

ADMINISTRATION

1. Evaluation of disability retirement matters. (Action)

2. Presentation of Cost Effectiveness Measurement, Inc.'s Defined Benefit Administration Benchmarking Analysis of PERS. (Action)

LEGISLATION

1. Judicial Retirement System Modification Request. (Action)

2. Update on Senate Bill 345 Study on PERS' Disability Program. (Information)

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 the appropriate staff members to attend the SANSFIRE 2004 conference and training in Monterey, California July 5, 2004 through July 13, 2004.

4. Approval of out-of-state travel for the Operations Officer to attend the National Association of Public Pension Attorneys Legal Education Conference in St. Louis, Missouri June 23-25, 2004.

5. Approval of out-of-state travel for the appropriate staff to attend the APPFA Professional Development Conference May 2-5, 2004.

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

7. Approval of the Final Benefit Audit Report for May 2003.

8. Approval of the Airport Authority of Washoe County's request for a penalty waiver in the amount of $121.77.

9. Approval of the City of Yerington's request for a penalty waiver in the amount of $331.66.

10. Approval of an extension to the existing independent contract with Employees Company of Nevada, Inc. in the amount of $3,700.00.

11. Termination of the Investment Management Agreement with UBS Global Asset Management Trust Company and approval of Investment Performance Guidelines and amended Fee Exhibit with UBS Global Asset Management (Americas) Inc.

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.