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 | A. Joseph DeNucci, Vice Chairman
Paul V. Doane | James M. Machado | Donald R. Marquis | Robert B. McCarthy | Gregory R. Mennis
Joseph E. Connarton, Executive Director


PERAC COMMISSION MEETING
Monday, September 26, 2011 @ 12:00 PM

AGENDA

12:00 PM        Meeting Convenes
                                    Introduction of members & guests

                        Accept minutes of July 25, 2011 meeting – Vote Required

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

12:30 PM        Legal Update, Judith Corrigan, Deputy General Counsel
                           Evergreen Clauses – Updated Memorandum – Vote Required
                           Shift Swapping – Updated Memorandum – Vote Required

1:15 PM          Executive Session

1:30 PM          Commonwealth Valuation, James Lamenzo, Actuary – Vote Required

1:45 PM          Legislative Update, Michael DeVito, Director of Public Affairs

2:00 PM          Audit Update, Frank Valeri, Deputy Director

2:15 PM          Executive Director’s Report, Joseph Connarton
                           Staff Activities
                           Policy 97-006 – Seventh Member
                           Interest on Incorrect Payments
                           Investment Regulation Update
                           Emerging Issues Forum – Wednesday, September 14, 2011
                           Educational Collaboratives
                           Remote Participation Regulation Hearing
                           Disability Training
                           US vs. Arroyo Case

2:45 PM          Commission Travel – Vote Required
                           MACRS, Springfield, MA – October 16 – 19, 2011
                           Public Fund Boards Forum, New Orleans, LA – December 11-13, 2011
                           NCPERS 2011 Public Safety Employees Pension & Benefits Conference, Rancho Mirage, CA – October 9 – 12, 2011

                        Next meeting:  October 24, 2011 @ 12:00 PM

                        Any other business to come before the Commission

                        Motion to Adjourn

This Agenda has been revised