Police Pension Board Meeting Agenda

Police Pension Board Meeting Agenda,
December 8, 2021, 1:30 p.m.

All interested persons are cordially invited to attend this public meeting.

Date and Time

Wednesday, December 8, 2021, at 1:30 p.m.

Place

Town Hall Commission Chambers, 409 Fennell Blvd., Lady Lake

Agenda

I. Call to Order - Roll Call - Determination of a Quorum

II. Public Comments

III. Approval of Minutes

1. September 8, 2021 — Police Pension Board Quarterly Meeting

IV. Reports (Attorney - Consultants)

1. Salem Trust Company, Lynn Skinner — Board Custodian

a) Update on Salem Trust

2. Foster & Foster, Patrick Donlan, Board Attorney

a) October 1, 2021 Actuarial Valuation Report

3. AndCo Consulting — Brad Hess, Investment Consultant

a) Quarterly Report as of September 30, 2021

                b) Manager Analysis

4. Stone & Gerken, P.A — Kevin Stone, Board Attorney

b) Updated Summary Plan Description

V. New Business

  1. Actual Expenses as of September 30, 2021
  2. RMLO

VI. Old Business

1. Payment Ratification (see attached spreadsheet)

a) Warrant #31

2. New Invoices for Payment (see highlighted items on spreadsheet)

a) Warrant #32

3. Fund Activity Report for September 2, 2021 to December 1, 2021 (see attached spreadsheet)

VIII. Staff Reports, Discussion, and Action

1. Foster & Foster — Siera Feketa, Plan Administrator

a) Update on Ordinance 2021-20

b) Renewal of FPPTA Membership

c) Educational Opportunity

1) FPPTA Winter Trustee School, January 23-26, 2022, Orlando, FL

IX. Trustees' Reports, Discussion, and Action

X. Adjournment

Next Meeting Date: March 9, 2022 at 1:30 p.m., Quarterly Board Meeting

Note: Please be advised that one or more members of any other Town Board or Committee may be in attendance of this meeting. This public hearing is being conducted in a handicapped accessible location. Any person requiring special accommodation at this meeting should contact the Clerk’s office at least five calendar days prior to the meeting. To access a Telecommunication Device for Deaf Persons (TDD), please call (352) 751-1565.