Posted: May 11, 2022
CITY OF EAST PROVIDENCE FIREMEN’S & POLICEMEN’S RETIREMENT PENSION FUND DOCKET
A regular quarterly meeting of the Firemen’s and Policemen’s Retirement Pension Fund Board of Trustees will be held on Monday, the 16th of May 2022 in Council Chambers at City Hall, 145 Taunton Avenue, East Providence, RI 02914 at 3:00 p.m.
Trustees:
Lt. Jeffrey Wyrostek, Chairman, Fire Representative
Capt. James Nelson, Vice Chairman, Police Representative
John C. Neale, Retiree Representative
John F. Wallace, Civilian Representative
Ricardo D. Mourato, Councilman, City Council Representative
Roberto L. DaSilva, Mayor
Malcolm Moore, Director of Finance, Administrator
Other Attendees:
Michael J. Marcello, City Solicitor
Michael Dwyer, Wainwright Investment Counsel, LLC
Kim Brown, Pension Clerk
AGENDA
I Call to Order
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
II Presentation by Wainwright Investments LLC
Michael Dwyer will be here from the pension investment counsel firm to review the March 2022 Performance Report.
Recommendations / Cash Flow for invoices if necessary
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
Accepting Handouts into Record
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
III To Approve the Consent Calendar
All items under “Consent Calendar” are considered to be of a routine and noncontroversial nature by the Board and will be enacted by one motion. There will be no separate discussion on these items unless a Board member so requests, in which event, the item will be removed from the “Consent Calendar” and will be considered in its normal sequence on the docket.
Pension meeting journal for February 28, 2022
COLA listing for March, April, May 2022
Barings Invoice 1st Qtr.
IR+M Invoice 1st Qtr.
Invesco Invoice 1st Qtr.
Nyhart Invoice February 2022
Principal Custody Solutions Fee Advise 1st Qtr.
RhumbLine Invoice 1st Qtr.
Wainwright Investment Counsel, LLC 1st Qtr.
Capital Call for CITCO - Entrust Global Recovery Fund LP
Capital Call for CITCO - Entrust ETG Co-Invest Opportunities Fund LP
Capital Call for CITCO - Entrust ETG Co-Invest Opportunities Fund LP
Capital Call for HarbourVest - Dover Street X L.P.
Invesco Monthly Account Statement for February, March and April 2022
Principal U.S. Property 1st Qtr. 2022 Flash Report
APRA request by Nanette Lee – Wainwright replied
MASTRY Ventures correspondence
Barings Schedule K-1
Barings Financial Statement December 31, 2021
Principal U.S. Property Account 2021 Annual Report
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
IV Discussion/Vote regarding editing the wording of Ordinance 11-252 originally presented as 11-253 in September 2018 titled Death of a retired participant
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
V Update / Discussion regarding a Military Buyback policy and Federal Law regarding re-deployment and extending time / clock stop for buyback
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
VI Executive Session
The Police and Fire Retirement System of the City of East Providence will meet in Executive Session pursuant to RI General Laws § 42-46-5 (a)(1), § 45-21-2-9 and § 42-46-5 (a)(2)
Motion: By_____2nd_____
Wyrostek ____Nelson ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
A. Request for a Service-Connected Disability Pension
FF Burns
Motion: By_____2nd_____
Wyrostek ____Nelson ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
VII Seal Minutes and Adjourn Executive Session
Motion: By_____2nd_____
Wyrostek ____Nelson ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
VIII Reading of the votes from Executive Session
Motion: By_____2nd_____
Wyrostek ____Nelson ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
IX Adjournment
Motion: By_____2nd_____
Wyrostek ____Nelson ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____