Board Agenda 8-20-15
CITY OF ATLANTIC BEACH
BOARD OF TRUSTEES OF THE ATLANTIC BEACH PENSION FUNDS
BOARD MEETING AGENDA FOR
August 20, 2015 - 6:30 P.M.
Call to Order both boards
1. Courtesy of the Floor to Visitors
2. Approval of the Minutes for July 9, 2015, Police Officers’ board meeting – (1)
3. Approval of the Minutes for June 11, 2015, General Employees’ board meeting – (2)
4. Financial Expenditures for the quarter ended June 30, 2015 – Police Officers’ Pension Fund –
(3)
5. Financial Expenditures for the quarter ended June 30, 2015 – General Employees’ Pension Fund
– (4)
6. To be discussed by Michael O’Shields, Morgan Stanley:
a. Recap Investment Performance for the Police Officers’ for the period ended 7/31/15 and
subsequent activity since.
b. Recap Investment Performance for the General Employees’ for the period ended 7/31/15
and subsequent activity since.
7. Pension Board Attorney to discuss matters of interest to the General Employees’ & Police
Officers’ Pension Board – Pension Board Attorney Scott Christiansen of Christiansen & Dehner,
P.A
a. Acknowledgement of revised summary plan for the Atlantic Beach General Employee’s
Pension Fund dated August 10, 2015. (5)
b. Acknowledgement of revised summary plan for the Atlantic Beach Police Officer’s
Pension Fund dated August 10, 2015. (6)
c. Acknowledgement of the State Acceptance of the closure of the General Employee
Pension Plan. (7)
8. Approval of Benefit Changes – Police Employee (8)
9. Any New Business
10. Adjournment – Police
11. Adjournment – General