BOARD OF ADMINISTRATION

OF THE

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

REGULAR MEETING AGENDA

 

FEBRUARY 10, 2016 – 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 February 10, 2016, 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 the Minutes of January 27, 2016, Regular Meeting

 

 

 

REGULAR    (Items for discussion and action by the Board)

 

 

Reso

 

 

16-64

2.

Discussion of Retirement Plan Office Budget for Program Year Ending 2016/2017; and Possible Action

 

 

 

3.

Presentation of the Actuarial Audit of the July 1, 2015 Retirement Plan Valuation, Death Benefit Fund Valuation and Disability Fund Valuation by Cheiron

 

 

 

4.

Discussion of Request for Proposal Responses for the Emerging Markets Equity Mandate; and Possible Action

 

 

 

5.

Annual Presentation by Earnest Partners  Domestic Small-Cap Value Equity Manager

 

 

 

6.

Annual Presentation by Emerald Advisers, Inc. – Domestic Small-Cap Growth Equity Manager

 

 

 

7.

Presentation by RVK, Inc., Post Transition – Fixed Income Restructure and Plan Rebalance

 

 

 

8.

Presentation by RVK, Inc., Post Transition – Small Cap Growth Transition

 

 

 

REPORTS FOR REFERENCE

 

 

9.

Investment Reports for November 2015

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

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

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

 

 

 

10.

Investment Reports for December 2015

a)  Summary of Investment Returns as of December 31, 2015

b)  Market Value of Investments by Fund and Month as of December 31, 2015

c)  Market Value of the Retirement, Death, and Disability Funds and Retiree Health Care Fund as of December 31, 2015

d)  Summary of Contract Expirations

 

 

 

11.

RETIREMENT PLAN MANAGER’S COMMENTS

 

 

 

12.

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 February 5, 2016, at 8:30 a.m.