BOARD OF ADMINISTRATION

OF THE

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

REGULAR MEETING AGENDA

 

JUNE 10, 2015 – 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 10, 2015, 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.

Request for Approval of Minutes:

a) May 13, 2015, Regular Meeting

b) May 28, 2015, Special Meeting

 

 

15-75

 

2.

Termination of Monthly Allowance from the May 2015 Retirement Roll

 

 

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

 

 

 

3.

Report of Payment Authorizations for April 2015

 

 

 

4.

Notice of Deaths for April 2015

 

 

 

5.

Investment Reports for April 2015

a) Summary of Investment Returns as of April 30, 2015

b) Market Value of Investments by Fund and Month as of April 30, 2015

c) Market Value of the Retirement, Death, and Disability Funds and Retiree Health Care  Fund as of April 30, 2015

d) Summary of Contract Expirations

 

 

 

6.

Report on Status of Insurance as of May 18, 2015

 

 

15-76

7.

Discussion of Request to Approve a Professional Services Contract for the Development of Software Functionalities in the FileNet Document Imaging System; and Possible Action

 

 

REGULAR    (Items for discussion and action by the Board)

 

 

Reso

 

 

 

 

8.

Discussion of Request for Information for Fiduciary Audit Services; and Possible Action

 

 

 

9.

Discussion of Request for Proposal Responses for the Small Cap Growth Equity Mandate; and Possible Action

 

 

 

10.

Annual Presentation by Delaware Investment Advisers – Active Global Credit / Global High-Yield Manager

 

 

 

11.

Annual Presentation by Neuberger Berman Fixed Income LLC – Active Global Credit / Global High-Yield Manager

 

 

 

12.

Annual Presentation by Pacific Asset Management – Active U.S. Bank Loans Manager

 

 

 

13.

Presentation by RVK, Inc. – 2015 First Quarter Performance Report

 

 

 

14.

RETIREMENT PLAN MANAGER’S COMMENTS

 

 

 

15.

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 5, 2015, at 8:30 a.m.