BOARD OF ADMINISTRATION

OF THE

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

REGULAR MEETING AGENDA

 

JUNE 11, 2014 – 9:00 A.M.

 

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

 

 


A meeting of the Retirement Board will be held on June 11, 2014, 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.

 

 


PUBLIC COMMENTS

 

CONSENT(Approval of routine, non-controversial items; action taken on entire consent agenda and treated as separate vote on each)

Reso

 

 

 

 

1.

Approval of Minutes of May 28, 2014, Regular Meeting

 

 

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

 

 

 

2.

Discussion of the Water and Power Employees’ Retirement Plan’s Share of City Attorney Expenses

 

 

REGULAR    (Items for discussion and action by the Board)

 

 

Reso

 

 

14-86

3.

Discussion of Annual Evaluation of City Attorney Services; and Possible Action

 

 

14-87

4.

Discussion of Establishing Contracts to Hire Outside Fiduciary Counsel; and Possible Action

 

 

 

5.

Discussion of Retirement Plan Manager Selection Process; and Possible Action

 

 

 

6.

Annual Presentation by Vontobel Investment Management, Inc. – International Emerging Markets Equity Manager

 

 

 

7.

Annual Presentation by Los Angeles Capital Management – International Emerging Markets Equity Manager

 

 

14-88

8.

CLOSED SESSION PURSUANT TO GOVERNMENT CODE SECTION 54956.9(a) – To Confer with Legal Counsel Regarding Pending Litigation in the Los Angeles Superior Court Case of Geraldine Martinez v. Los Angeles Department of Water and Power Employees' Retirement, Disability and Death Benefit Insurance Plan, Case Number BC 503911; Discussion and Possible Action

 

 

 

9.

Presentations of Responses to the Request for Information and Interviews for the Actuarial Services Consultant; Discussion and Possible Action

 

 

 

10.

RETIREMENT PLAN MANAGER’S COMMENTS

 

 

 

11.

FUTURE AGENDA ITEMS

 

 


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 6, 2014, at 8:30 a.m.