Posted: November 17, 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 21st of November 2022 in Conference Room A 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 September 2022 Performance Report, review the RFP they put out for Emerging Markets Equity Investment Management and recommend re-adopting the Investment Police Statement.
Recommendations from Wainwright / Cash Flow recommendations for invoices if necessary.
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
Accepting Recommendations or Re-Adopting the Investment Policy Statement
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.
1. Pension meeting journal for August 15, 2022
2. COLA listing for September, October and November 2022
3. Barings Invoice 3rd Qtr.
4. City of East Providence Invoice Annual clerk salary
5. IR+M Invoice 3rd Qtr.
6. Invesco Invoice 3rd Qtr.
7. Nyhart September and October 2022 Invoices
8. Principal Custody Solutions Fee Advise 3rd Qtr.
9. RhumbLine Invoice 3rd Qtr.
10. Wainwright Investment Counsel, LLC 3rd Qtr.
11. Trade Authorization, request to redeem from ABS Global Investments
12. Capital Call for Lexington Capital Partners IX LP
13. Capital Call for Dover Street X LP
14. Capital Call for Lexinton Capital Partners IX LP
15. Trade Authorization, Vanguard Inflat-Prot
16. Capital Call for Dover Street X LP
17. Invesco Monthly Account Statement for August, September and October 2022
18. APRA request by Anonymouse User – Wainwright replied
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
IV Discussion / Action Set Meeting dates for 2023
Motion: By_____2nd_____
Wyrostek ____Nelson ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
V Discussion / Action Retiree Concerns
Retirees and current members wonder if it would be possible to receive a folder to be distributed upon retirement containing Police and Fire Pension ordinances and amendments.
Motion: By_____2nd_____
Wyrostek ____Nelson ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
VI Discussion / Action Pension Clerk Pay Increase
Motion: By_____2nd_____
Wyrostek ____Nelson ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
VII Adjournment
Motion: By_____2nd_____
Wyrostek ____Nelson ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
