RETIREMENT BOARD OF ADMINISTRATION

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

SPECIAL MEETING AGENDA  

 

OCTOBER 10, 2012

 

 **8:30 A.M.**

 

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

 


 

A special meeting of the Retirement Board will be held on October 10, 2012, convening at 8:30 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 – September 19, 2012, Special Meeting

 

 

REGULAR    (Items for discussion and action by the Board)

 

 

Reso

 

 

 

2.

CLOSED SESSION PURSUANT TO GOVERNMENT CODE SECTION 54956.9(a) -- Conference with Legal Counsel -- Existing Litigation – Romero et al. v. City of Los Angeles et. al., Los Angeles Superior Court Case No. BC449834.

 

 

13-26

3.

Discussion of Suspension of Reciprocity Program; and Possible Action

 

 

13-27

4.

Discussion of Revision to Active International Equity Investment Guidelines; and Possible Action

 

 

13-28

5.

Ratification of the Board’s Selection of Global Real Estate Securities Managers; Discussion and Possible Action 

 

 

13-29

6.

Discussion of Service Provided; and Possible Action

 

 

 

7.

Annual Presentation by MFS Institutional Advisors, Inc. - International Developed Equity Manager

 

 

 

8.

Annual Presentation by Pyramis Global Advisors Trust Company - International Developed Equity Manager

 

 

           

 

 

REPORTS FOR REFERENCE

 

 

9.

Investment Reports for August 2012 

a)      Summary of Investment Returns as of August 31, 2012

b)      Market Value of Investments by Fund and Month as of August 31, 2012

c)      Market Value of the Retirement, Death, and Disability Funds and Retiree Health Care Fund as of August 31, 2012

d)      Summary of Contract Expirations 

 

 

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 October 5, 2012, at 8:30 a.m.