Current Info

AGENDA for the SUB-COMMITTEE MEETING OF THE RETIREMENT BOARD, the RETIREMENT BOARD EDUCATION SESSION, and the RETIREMENT BOARD MEETING
to be held in the
PERS' BOARD ROOM
693 W. Nye Lane, Carson City, Nevada

Tuesday, March 15th and Wednesday, March 16th, 2005

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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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ADMINISTRATION

1. Minutes of the Retirement Board Sub-Committee meeting held February 15, 2005. (Action)

2. Review of Cortex Consulting's draft charters and questionnaire for policy development discussions. (Action)

PUBLIC COMMENT
ADJOURNMENT

INVESTMENTS

1. PERS' Monthly Cash Flow

ADMINISTRATION

1. Police/Fire Position Approval Process

PUBLIC COMMENT
RECESS

DISABILITIES

1. Evaluation of disability retirement matters. (Action)

INVESTMENTS

1. Atlanta Capital Management - Active U.S. Growth stock presentation. (Information)

2. UBS Global - Active and Index International bond presentation. (Information)

3. Interim Investment Directives - PERS, Legislators, and Judicial funds. (Action)

BOARD

1. PERS' Internal Audit Staff Report on the University Medical Center (UMC). (Action)

2. Retirement Board Sub-Committee Report - Status of draft charters and policies prepared by Cortex. (Information)

3. Minutes of the Retirement Board education session and meeting held February 15 and 16, 2005. (Action)

4. Retirement Board meeting dates. (Action)

5. Retirement Board education curriculum calendar. (Action)

ADMINISTRATION

1. Actuarial Valuation Report for the Legislators' Retirement System as of January 1, 2005, as prepared by The Segal Company. (Action)

2. Actuarial Valuation Report for the Judicial Retirement System as of January 1, 2005, as prepared by The Segal Company. (Action)

LEGISLATION

1. Legislative Matters. (All items under legislative matters will have action taken.)

   1. Assembly Joint Resolution 1 (BDR R-1101) - Urges Congress to oppose privatization of Social Security. (Action)

   2. Assembly Bill 60 (BDR 34-477) - Revises certain provisions regarding school personnel. (Action)

   3. Assembly Bill 113 (BDR 23-696) - Authorizes certain public employees with active military service to purchase up to 2 additional years of service in Public Employees' Retirement System. (Action)

   4. Senate Bill 122 (BDR 23-630) - Authorizes certain public employees with active military service to purchase additional years of service in Public Employees' Retirement System. (Action)

   5. Senate Bill 145 (BDR 23-957) - Revises provisions regarding eligibility of police officers and firefighters to receive disability retirement allowances. (Action)

2. Update on the Bill Draft Request List for the 2005 Legislative Session. (Information)

3. Legislative matters that develop after publication of the agenda and which, due to scheduling, must be acted upon at this time. (Action)

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 the Bank of New York custodial banking services agreement with the PERS', Legislators', and Judicial funds for July 1, 2005, through June 30, 2010.

4. Approval of out-of-state travel request for the Manager of Information Systems to attend the Public Retirement Information Systems Management (PRISM) conference in Tampa, Florida on April 30 - May 4, 2005.

5. Approval of the Final Benefit Audit Report for September 2003.

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

DENIALS
APPEALS

1. Request by Craig Lowe for an Adjustment to Reinstate Police/Fire Service Cancelled at the Time of Refund of Personal Contributions. (Action)

REPORTS
PUBLIC COMMENT

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.