RETIREMENT BOARD OF ADMINISTRATION

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

REGULAR MEETING AGENDA

 

AUGUST 10, 2011 – **9:00 A.M.** 

 

(Please note new time.)

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

 


 

A meeting of the Retirement Board will be held on August 10, 2011, convening at 9:00 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 taken on entire Consent Agenda and treated as

                                    separate vote on  each)

 

 

 1

Request for Approval of Minutes:

a)  June 22, 2011 Regular Meeting

b)  June 22, 2011 Special Meeting

c)  July 13, 2011, Regular Meeting

 

 

1a.1 – 1a.5

1b.1

1c.1 – 1c.5

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

 

  2

Report on BNY ConvergEx Acquisition

 

2.1–2.6

 

 

  3

Report on Organizational Change at Invesco - International Developed Mandate

 

3.1–3.3

 

REGULAR              (Items for discussion and action by the Board)

 

 

  4

Committee Appointments 

a)  Appointment of Chair and Members of Audit Committee

b)  Appointment of Chair and Members of Benefits Committee

c)  Appointment of Chair and Members of Governance Committee

d)  Appointment of Chair and Members of Legislative Committee

 

4

12-13

  5

Discussion of Changes to Placement Agent Policy; and Possible Action

 

5.1–5.10

 

12-14

  6

Ratification of the Board’s Action to Change the Meeting Time for the Retirement Board Meetings; Discussion and Possible Action

 

6.1–6.2

 

 

12-15

 

  7

 

 

CLOSED SESSION PURSUANT TO GOVERNMENT CODE SECTION 54956.9(b), to Confer with Legal Counsel Regarding a Matter in Which, Based on Existing Facts and Circumstances, there is a Significant Exposure to Litigation Against the Board, and Pursuant to Government Code Section 54956.9(c), to Confer with Counsel in Considering Whether to Initiate Litigation in that Matter 

 

 

7.1–7.7

 

REPORTS FOR REFERENCE

 

 

    8

Investment Reports for June 2011

a)  Summary of Investment Returns as of June 30, 2011

b)  Market Value of Investments by Fund and Month as of June 30, 2011

c)  Market Value of the Retirement, Death, and Disability Funds and Retiree Health Care Fund as of June 30, 2011

d)  Summary of Contract Expirations 

 

 

8a.1–8a.8

8b.1–8b.3

8c.1–8c.2

 

8d.1

RETIREMENT PLAN MANAGER’S COMMENTS

 

    9

 

 

9

FUTURE AGENDA ITEMS

 

  10

 

9

       

 

 

 

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 August 5, 2011, at 8:30 a.m.