Commonwealth of Massachusetts | Public Employee Retirement Administration Commission
Five Middlesex Avenue, Suite 304, Somerville, MA 02145
Ph 617 666 4446 | Fax 617 628 4002 | TTY 617 591 8917 | www.mass.gov/perac
Domenic J. F. Russo, Chairman
Auditor Suzanne M. Bump | James M. Machado | Donald R. Marquis | Robert B. McCarthy

Joseph E. Connarton, Executive Director


PERAC COMMISSION MEETING
Monday, August 26, 2013 @ 12:00 PM

AGENDA

12:00 PM        Meeting Convenes
                                    Statement regarding the recording of the meeting
                                    Statement regarding remote participation
                                    Introduction of members & guests

                        Accept minutes of June 24, 2013 meeting – Vote Required

12:15 PM        Audit / Fraud Sub-Committee Meeting Update

12:30PM         Legal Update, John Parsons, General Counsel
                                    840 CMR § 3.07 and 3.10, HEART Act – Vote Required
                                    840 CMR 3.08, IRS § 415 – Vote Required

12:45 PM        Legislative Update, Michael DeVito, Director of Public Affairs

1:00 PM          Audit Update, Frank Valeri, Deputy Director

1:15 PM          Compliance Update, Thomas O’Donnell, Compliance Officer

1:30 PM          Actuarial Update, James Lamenzo, Actuary
                                    Draft Commonwealth Valuation – Vote Required
                                    Buck Consultant Report

1:45 PM          Executive Director’s Report, Joseph Connarton
                                    Staff Activities
                                    Emerging Issues Forum – September 12, 2013
                                    House 3538, Section 21 – Update
                                    Post Retirement

2:00 PM          Commission Travel – Vote Required
                                    ICMA Annual Conference, Boston, MA, September 22-25, 2013
                                    MACRS Conference, Springfield, MA, October 6-9, 2013

                        Next meeting:  September 23, 2013 @ 12:00 PM

                        Any other business to come before the Commission

                        Motion to Adjourn