Posted: February 24, 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 28th of February 2022 in Council Chambers at City Hall, 145 Taunton Avenue, East Providence, RI 02914 at 3:00 p.m.
Trustees:
Lt. Jeffrey Wyrostek, Acting Chairman, Fire Representative
Capt. James Nelson, Acting 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 Vote to appoint Board Chairman and Vice Chairman
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
III Presentation by Wainwright Investments LLC
Michael Dwyer will be here from the pension investment counsel firm to review the December 2021 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____
IV 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 November 15, 2021
COLA listing for December 2021, January and February 2022
Barings Invoice 4th Qtr.
IR+M Invoices 3rd and 4th Qtr.
Invesco Invoice 4th Qtr.
Nyhart Invoices September and November 2021
RhumbLine Invoices 3rd and 4th Qtr.
Wainwright Investment Counsel, LLC 4th Qtr.
Wells Fargo Fee Advise 4th Qtr.
Notice from East Providence Firefighters Local No. 850
Trade Authorization for Renaissance
Trade Authorization for RhumbLine
Trade Authorization for Vanguard Ftse All World-Inst
Capital Call for CITCO - Entrust Global Recovery Fund LP
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.
Capital Call for Lexington Capital Partners IX, L.P.
Cash Distribution notice from Lexington Capital Partners IX
Invesco Monthly Account Statement for November and December 2021 and January 2022
Principal U.S. Property 4th Qtr. 2021 Flash Report
The Principal Financial Group Monthly Activity Reports November and December 2021
Siguler Guff Unaudited Capital Account Statement
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
V Brief update on the changeover to Principal
VI Retiree’s Representative to address the Board
VII 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____
VIII Discussion/Vote regarding a Military Buyback policy
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
IX 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____
X Seal Minutes and Adjourn Executive Session
Motion: By_____2nd_____
Wyrostek ____Nelson ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
XI Reading of the votes from Executive Session
Motion: By_____2nd_____
Wyrostek ____Nelson ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
XII Adjournment
Motion: By_____2nd_____
Wyrostek ____Nelson ____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
