Current Info

AGENDA for the RETIREMENT BOARD EDUCATION SESSION AND RETIREMENT BOARD MEETING
to be held in the
PERS' BOARD ROOM
693 W. Nye Lane, Carson City, Nevada

Tuesday, May 11 and Wednesday, May 12, 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. Stock Management. (Information)

ADMINISTRATION

1. Preparation of PERS' Budget. (Information)

QUESTIONS AND ANSWERS
PUBLIC COMMENT
RECESS

DISABILITIES

1. Evaluation of disability retirement matters. (Action)

INVESTMENTS

1. Mellon Capital, U.S. and International Stock Index Presentations, PERS', Legislators', and Judicial funds. (Information)

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

3. U.S. Growth Stock Manager Search Update. (Information)

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

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

BOARD

1. Minutes of the Retirement Board education session and meeting held April 20 and 21, 2004. (Action)

2. Retirement Board meeting dates. (Action)

3. Retirement Board education curriculum calendar. (Action)

ADMINISTRATION

1. Funding Models presented by The Segal Company. (Action)

2. Minutes and recommendations from the Police and Firefighter's Retirement Fund Advisory Committee meeting held April 29, 2004. (Action)

LEGISLATION

1. Draft Report on Senate Bill 345 of the 2003 Legislative Session Regarding 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 investment staff to attend Callan's Regional Breakfast Workshop and conduct on-site visits at Callan's and Mellon Capital's San Francisco offices.

4. Retroactive approval of Amended Fee Exhibit and Investment Performance Guidelines with Alliance Capital - REIT index portfolio.

5. Approval of out-of-state travel for investment staff to conduct on-site visits at Alliance Capital and BNY Asset Management's New York offices, and SSR Realty Advisors' New Jersey office.

6. Approval of Investment Management Agreement and Investment Performance Guidelines with Payden & Rygel - Legislators' and Judicial international bond index portfolios.

7. Approval of in-state travel for Charles Silvestri to moderate a panel discussion at the annual Fire and Police Pension Fund Summit on June 28th at the Hyatt Incline Village, Lake Tahoe at no cost to the System.

8. Approval of Survivor Benefit reinstatements for Elexia Casteel and Trent Wertz.

9. Approval of the Final Benefit Audit Report for June 2003.

10. Approval of the Benefit Payment Audit Report for the quarter ending March 31, 2004.

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.