Boston Retirement Board Meeting

• Outstanding/Ongoing Administrative Issues: Timothy J. Smyth, Executive Officer

• Administrative Update
• Election of Chairman – discussion and vote
• IT update – discussion only
• Search for pension software
• Utilization of external project manager
• PERAC Memos, Reports and/or Forms for Board education:
• PERAC Memo 30-2024 re Cybersecurity Training
• PERAC Memo 31-2024 re 2024 Disability Data Changes

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  Outstanding/Ongoing Investment Issues: John F. Kelly, Investment Analyst

• Investment Update
• Real Estate Search – discussion and vote
• AEW
• Kayne Anderson
• Sculptor
• Hedge Fund of Funds Search – discussion and vote
• November 2024 Flash Report – discussion only
• Work Plan – discussion only
• Hamilton Lane recommendations – discussion and vote
• Incline Ascent Fund II, L.P.
• Sands Capital Global Innovation Fund III, L.P.

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  Outstanding/Ongoing Financial Issues: Ellen M. McCarthy, Comptroller

• Financial Update
• November 2024 Financial Snapshot – discussion only
• Financial documents for Board to be provided by Comptroller – discussion only
• Cash Projections
• MMDT Reconciliation
• Cash Receipts Summary
• Cash Disbursements Summary
• Adjusting Entries Summary
• MMDT Statement
• General Ledger
• Warrants
• Trial Balance
• Operating
• Retirement Payments
• Direct Deposit
• BRS Cash Projections

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  Outstanding/Ongoing Operations Issues:  Christine M. Weir, Deputy Director

• Operations Update
• November 2024 Pension Payroll update – discussion only
• New Retiree Account Listing for November 2024 – discussion only
• Renovation of Room 816 update – discussion only
• Backlog Processes update – discussion only

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  Outstanding/Ongoing Legal Issues:  Natacha Thomas, General Counsel

• Legal Update

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  Old Business

   

  New Business

   

  Executive Session

  The Board shall enter into Executive Session in order to discuss the physical condition or mental health of an individual(s), as well as “to discuss the reputation, character, physical condition or mental health, rather than professional competence, of an individual” pursuant to GL c. 30A, §21(a)(1).  Specifically, the Board shall consider applications for accidental disability retirement benefits, ordinary disability retirement benefits and/or petitions for accidental death benefits. Finally, the Board may also consider litigation strategy, pension forfeiture, personnel matters and/or the deployment of security personnel or devices, or strategies with respect thereto.

   

  The Board shall re-convene in Administrative Session in order to consider any remaining agenda items and then adjourn.

   

  END.

• Adjourn

The Board enters Executive Session in order to review applications for disability retirement benefits, accidental death benefits, member survivor allowance benefits, pension forfeiture, as well as litigation strategy. At the conclusion of the Executive Session, the Board reconvenes in Administrative Session in order to consider the rest of the agenda items, if any, and adjourn.