RETIREMENT BOARD OF ADMINISTRATION

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

REGULAR MEETING AGENDA  

 

JUNE 22, 2011 – 10:00 A.M.

 
       ROOM 1555-H, 111 NORTH HOPE STREET, LOS ANGELES, CA 90012

 


 

A meeting of the Retirement Board will be held on June 22, 2011, convening at 10:00 a.m. or soon thereafter if quorum is present.

 

As a covered entity under Title II of the Americans with Disabilities Act, the City of Los Angeles does not discriminate on the basis of disability and, upon request, will provide reasonable accommodation to ensure equal access to its programs, services, and activities.  To ensure availability, such request should be made 72 hours in advance by contacting the Retirement Office at (213) 367-1712 during business hours.

 


 

At the beginning of the meeting, the Board will provide an opportunity for members of the public to address it on items of interest that are within the subject matter jurisdiction of the Board. Thereafter, the Board will consider and take action on the Regular Agenda items. Members of the public may also request to speak on any agenda item.  The meeting is recorded.

 


 

Reso

Item

Description of Agenda Item

Page

 

 

 

 

PUBLIC COMMENTS

 

CONSENT      (Approval of routine, non-controversial items; action is taken on the whole Consent Agenda and

                                                                  is treated as a separate vote on each item.)

 

 

  1.

Request for Approval of Minutes – May 11, 2011, Regular Meeting 

 

1.1 – 1.6

11-94

 

  2.

Termination of Monthly Allowance from the June 2011 Retirement Roll

 

2

RECEIVED AND FILED     (Items of Interest to the Board on which no action is taken)

 

 

  3.

Report of Payment Authorizations for May 2011

3.1 – 3.72

 

 

  4.

Notice of Deaths for May 2011

4

 

 

  5.

Investment Reports for May 2011

a)  Summary of Investment Returns as of May 31, 2011

b)  Market Value of Investments by Fund and Month as of May 31, 2011

c)  Market Value of the Retirement, Death, and Disability Funds and Retiree       Health Care Fund as of May 31, 2011

d)  Summary of Contract Expirations 

 

 

5a.1 – 5a.7

5b.1 – 5b.3

5c.1 – 5c.2

 

5d.1

 

  6.

Report on Status of Insurance as of June 14, 2011

 

6

 

  7.

Report on Loomis , Sayles & Company Holding

 

7.1 – 7.5

 

  8.

Report on Change to INVESCO Core Real Estate – USA Corporate Structure

 

8.1 – 8.6

 

  9.

Reports from Pension Consulting Alliance on Site Visits to T. Rowe Price

9.1 – 9.17

 

 

REGULAR    (Items for discussion and action by the Board)

 

11-95

10.

Discussion of Mesa West Capital Solicitation of Consent; and Possible Action

 

10.1 – 10.20

11-96

11.

Discussion of Ratification of the Board’s Action with Respect to the Strategic Asset Allocation Targets; and Possible Action

 

11.1 – 11.2

11-97

12.

Discussion of Strategic Target Implementation and Policy Benchmark Extension to Third Quarter 2011; and Possible Action

 

12.1 – 12.7

RETIREMENT PLAN MANAGER’S COMMENTS

 

 

13.

 

 

13

FUTURE AGENDA ITEMS

 

 

14. 

 

 

   13

         

 

 

 

 

 

 

 


 

In compliance with Government Code Section 55957.5, non-exempt writings that are distributed to a majority or all of the Board or applicable Committee of the Board, in advance of their meetings, may be viewed at the offices of the Water and Power Employees’ Retirement Plan (WPERP), located at 111 North Hope Street, Room 357, Los Angeles, California 90012, or at the scheduled meeting.           

 

 

Posted on June 17, 2011, at 8:30 a.m.