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 10 th of May 2021 in Council Chambers at City Hall, 145 Taunton Avenue, East Providence, RI 02914 at 3:00 p.m. with limited in person seats available and the meeting will be broadcast on ZOOM, meeting details are below.
Trustees: Chief William Nebus, Chairman, Police Representative Lt. Jeffrey Wyrostek, Vice Chairman, Fire 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
I Call to Order
Motion: By_____2nd_____ Nebus ____Wyrostek ____ 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 2021 Performance Report.
Recommendations Motion: By_____2nd_____ Nebus ____Wyrostek ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
Accepting Handouts into Record Motion: By_____2nd_____ Nebus ____Wyrostek ____ 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 8, 2021
- Pension meeting journal for March 30, 2021 Special Meeting
- Trade Authorization for Principal U.S. Property Separate Account
- Trade Authorization for Vanguard Small Cap
- Trade Authorization for Renaissance Institutional Equities Fund LLC
- Distribution from The Realty Associates Fund XII UTP, L.P.
- Distribution from Dover Street X L.P.
- Capital Call for Lexington Capital Partners IX, L.P.
- Capital Call for Dover Street X L.P.
- Capital Call for The Realty Associates Fund XII UTP, L.P.
- COLA listing for December, January, February, March, April and May
- Barings Invoice 4 th Qtr.
- IR+M Invoice 1 st Qtr.
- Invesco Invoice 1 st Qtr.
- Nyhart Invoices February and March 2021
- RhumbLine Invoice 1 st Qtr.
- Wells Fargo Fee Advise 4 th Qtr. 2020 and 1st Qtr. 2021
- Invesco Annual Account Statement for 2020
- Principal U.S. Property Account Flash Report 4 th Qtr. 2020 and 1st Qtr. 2021
- EnTrust Global Recovery Fund LP 4th Qtr. 2020 Report
- Siguler Guff year end estimated information
Motion: By_____2nd_____ Nebus ____Wyrostek ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
IV Discussion/Vote regarding report from Nyhart that summarizes the change to the pension using the new mortality tables.
Motion: By_____2nd_____ Nebus ____Wyrostek ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
V Discussion/Vote regarding the Firefighting Foam (AFFF) cancer lawsuit
Motion: By_____2nd_____ Nebus ____Wyrostek ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
VI Discussion/Vote regarding Ordinance 11-245
Motion: By_____2nd_____ Nebus ____Wyrostek ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
VII 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_____ Nebus ____Wyrostek ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
A. Litigation 1. FF Smith request for disability pension
Motion: By_____2 nd_____ Nebus ____Wyrostek ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
VIII Seal Minutes and Adjourn Executive Session
Motion: By_____2nd_____ Nebus ____Wyrostek ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
IX Reading of the votes from Executive Session
Motion: By_____2nd_____ Nebus ____Wyrostek ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
X Adjournment
Motion: By_____2nd_____ Nebus ____Wyrostek ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
** As a result of the COVID-19 pandemic, this meeting will be both in person and virtual through an application called “ZOOM” IN ORDER TO LISTEN TO THE MEETING Call the toll free number 1-877-853-5247 (AUDIO ONLY) and Enter the following meeting id number: MEETING ID: 994 7473 6099
