RETIREMENT BOARD OF ADMINISTRATION

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

 

SPECIAL MEETING AGENDA

 

AUGUST 31, 2011 – 9:00 A.M.

 

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

 


 

A Special meeting of the Retirement Board will be held on August 31, 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 a

                                                                             separate vote on each item.)

 

 

 1.

 

Request for Approval of Minutes:

a)  July 27, 2011, Regular Meeting

b)  August 1, 2011, Special Meeting

 

 

 

1a.1 – 1a.8

1b.1 – 1b.2

 

12-17

  2.

Termination from Rolls

    Termination of Monthly Allowance from the July 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 July 2011

3.1 – 3.83

 

 

  4.

Notice of Deaths for July 2011

4

 

 

  5.

Investment Reports for July 2011

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

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

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

d)  Summary of Contract Expirations 

 

 

5a.1 – 5a.8

5b.1 – 5b.3

5c.1 – 5c.2

 

5d.1

 

  6.

Report on Status of Insurance as of August  9, 2011

6

 

REGULAR    (Items for discussion and action by the Board)

 

 

  7.

Presentation by Pension Consulting Alliance – First Quarter Private Equity Performance Review for Period Ending March 31, 2011

 

7

 

  8.

Presentation by Pension Consulting Alliance – Second Quarter Performance Review for Period Ending June 30, 2011

 

8

 

  9.

Presentation by Pension Consulting Alliance – International Equity Structure Review

 

9

12-18

10.

Discussion of Ratification of the Board’s Action to Select a New Active International Emerging Markets Manager; and Possible

 

10.1 – 10.2

 

 

11.

Discussion of Draft Request for Proposal Document; and Possible Action

 

11

12-19

12.

Discussion of Exceptions to Investment Guidelines under Specific Circumstances; and Possible Action

 

12.1 – 12.4

 

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 August 26, 2011, at 8:30 a.m.