2005-11-14 Fire Fund MeetingCity of Okeechobee Firefighters
Pension Board Meeting
November 14th, 2005
Trustees Present: Bill Douglas, John Koepke, Brian O "Cain.
The minutes of the meeting on August 10th 2005 were accepted by motion by John Koepke,
second by Brian O "Cain, motion passed.
Trusco discusses Market Snapshot, Key themes in third quarter,Operating Profit
Trends,Account Activity,Portfolio Composition.
A motion was made by Bill Douglas, second by John Koepke, to accept Les McGee as
new member of the pension fund. (new employee)
Smith Barney discusses year to date numbers,Manager vs Universe through September
2005. He would like to see improvements in some areas.
Attorney Christiansen asks boards if Actuary letters were sent to Mr. Slavin. All letters
were sent.
Meetings for 2006 Feb. 13th May 8th Aug. 7th Nov. 13th
A motion was made by Bill Douglas, second by John Koepke, to accept changes in
Summary Plan, motion passed.
Attorney Christiansen advises of new IRS laws.
A motion was made by John Koepke, second by Bill Douglas, to add the minimum
distribution rules, motion passed.
Meeting adjorned