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Parochial Employees' Retirement System Board of Trustees, LA

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Tue Dec 9, 2025

Parochial Employees' Retirement System Board of Trustees

Board to review 2026 operating budget and investment performance

The Board of Trustees will discuss the proposed 2026 operating budget, including staff salaries and COLA. The meeting includes reviews of investment performance and the approval of retirements from October to December 2025.

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PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM Board of Trustees Meeting – December 9, 2025, 9AM 7905 Wrenwood Blvd., Baton Rouge, Louisiana 70809 AGENDA Board Members: R. Bruce Kelly, Chair, Region 1 M. Larry Richard, Designee, Police Jury Assn. Kelly Fontenot, Region 2 Senator Bob Owen Christine Buras-Dodd, Region 3 Representative Josh Carlson Bridgette Horton, Region 4 Meeting Called to Order by the Chair: 1) Invocation 2) Roll Call 3) Public Comment Period (must relate to agenda item) 4) Disclosure of Conflicts 5) Approval of Minutes – September 7, 2025 6) Investments – Chris Burke and Keith Reynolds A. Performance Update B. Recommendations of Investment Committee C. Timeline 7) Approval of Retirements – October to December 2025 8) Requests for Actuarial Transfer of Service & Reciprocal Agreements - October to December 2025 9) Outside Counsel – Laura Gail Sullivan A. 2026 Contract B. Option 4 Memo C. Pending Retirement Applications 10) 2026 Curran Actuarial Contract 11) 2026 DHHM Contracts (Audit, GASB 68, Statewide AUPs, Census) 12) PERS Personnel Manual A. 2026 Holiday Schedule 13) State Agreed Upon Audit Procedures 14) Proposed Legislation A. Trustee Education – “LAPERS” Bill B. Disability Clean-up – Possible “LAPERS” Bill 15) 2025 DROP Interest Rate 16) Budget A. 2025 Est. Actual Operating Budget B. Proposed 2026 Operating Budget 1. Digital Imaging 2. AS400 Enhancements 3. Training C. 2026 Staff COLA D. 20 …
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Sun Sep 7, 2025

Parochial Employees' Retirement System Board of Trustees

Board to vote on retirements, service credit transfers, and new employer requests

The PERS Board of Trustees will consider approving retirements for July through September 2025, including an Option 4 request from Joseph Thibodeaux, and multiple service credit transfers. They will also review new employer participation requests from Sabine Parish Water Works District 1 and Lafayette Housing Authority, along with investment updates, a technology report, and proposed 2026 meeting dates.

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PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM Board of Trustees Meeting – September 7, 2025, 8:30 AM, Westin Hotel, New Orleans AGENDA Board Members: R. Bruce Kelly, Chair, Region 1 Kelly Fontenot, Region 2 Phillip Bourgoyne, Region 3 Bridgette Horton, Region 4 Meeting Called to Order by the Chair: 1. Invocation 2. Roll Call 3. Public Comment Period (must relate to agenda item) 4. Approval of the June 17, 2025, Minutes 5. Disclosure of Conflicts 6. Investments A. Investment Summary and Performance Update B. Public Equity Portfolio Update C. Other Business 1. Timeline 7. Approval of Retirements, July, August, & September 2025 A. Option 4 Request – Joseph Thibodeaux 8. Requests for Transfer of Service Credit - July, August, & September 2025 9. Region 3 Election Results 10. Technology Update – Michele Perez 11. Administrative Director’s Report A. PERS Personnel Manual B. Monthly DROP Entry/Exit Dates Policy C. Act 22 – Reemployment of Court Reporters D. New Employer Requests 1. Sabine Parish Water Works District 1 (Plan B) 2. Lafayette Housing Authority (Plan B) E. Q3 Operating Budget Update F. Training 1. 2026 Enhanced Training & Education (See also SR 176) 2. PERS Administrative Training, October 28, 2025, Renaissance Hotel, BR G. 2026 Regular Legislative Session, General Session, March 9 – June 1 H. LAPERS Retirement Seminar 12. Proposed Meeting Dates for 2026 March 17; June 9 or 23; Sunday, September …
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Mon Jun 23, 2025

Parochial Employees' Retirement System Board of Trustees

Board to review 2024 audit, actuarial report, and investment custodian search results

The Parochial Employees' Retirement System Board of Trustees will consider routine items including approval of minutes, retirements, and transfers of creditable service. Key discussions include an investment summary and custodian search recommendations, the 2024 audit report, and the 2024 actuarial report. The board will also nominate candidates for Region 3 and receive a director's report on the operating budget and legislative updates.

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PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM Board of Trustees Meeting – June 17, 9:00 am 7905 Wrenwood Blvd., Baton Rouge, Louisiana 70809 AGENDA Board Members: R. Bruce Kelly, Chair, Region 1 M. Larry Richard, Designee, Police Jury Assn. Kelly Fontenot, Region 2 Senator Bob Owen, Vice Chair, Sen. Retirement Phillip Bourgoyne, Region 3 Representative Josh Carlson Bridgette Horton, Region 4 Meeting Called to Order by the Chair: 1. Invocation 2. Roll Call 3. Public Comment Period (must relate to agenda item) 4. Disclosure of Conflicts 5. Approval of March and April Minutes i. Correction of Typo in December 2024 Minutes 6. Retirements, April, May, & June 2025 7. Reciprocals and Transfers of Creditable Service, April, May, & June 2025 8. Investments i. Investment Summary and Performance Update ii. Recommendations – Custodian Search Results iii. Other Business 1. 2025 IPS Review 9. 2024 Audit Report, Compliance Questionnaire, & Attestation Questionnaire (approx. 10 am) 10. 2024 Actuarial Report (1 hr. trustee education credit) i. Fund Transfers - Plan B to Plan A and Plan A to Plan B ii. GASB 67 12. Region 3 Candidates i. Nomination of Candidates for Ballot (Spears, Buras) ii. PERS Election Process 2025 13. Director’s Report i. Quarterly Report on Operating Budget ii. Legislative Update – Act 22 ii. Technology Update – Michele Perez iii. Personnel Manual Draft iv. Upcoming Conferences of Interest a. NASRA – August 9- …
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Tue Mar 18, 2025

Parochial Employees' Retirement System Board of Trustees

Board to review investment strategies and custodial bank search

The Board of Trustees will discuss investment performance, including China exposure and the Goldentree Mandate. Members will review a custodial bank search and the approval of retirements from December 2024 through February 2025. The meeting includes a report on the 2025 operating budget and a settlement approval for FRS v. Greco, et al.

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PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM Board of Trustees Meeting – March 18, 2025, 9 AM 7905 Wrenwood Blvd., Baton Rouge, Louisiana 70809 AGENDA Board Members: R. Bruce Kelly, Chair, Region 1 M. Larry Richard, Designee, Police Jury Assn. Kelly Fontenot, Region 2 Senator Bob Owen Phillip Bourgoyne, Region 3 Representative Josh Carlson Bridgette Horton, Region 4 Meeting Called to Order by the Chair: 1. Invocation 2. Roll Call 3. Public Comment Period (must relate to agenda item) 4. Approval of the December 10, 2024 Minutes 5. Disclosure of Conflicts 6. Investments A. Investment Summary and Performance Update B. Investment Recommendations 1. China Exposure 2. Goldentree Mandate C. Manager Presentation – Conestoga Small Cap D. Custodial Bank Search 1. Segal Contract Revisions E. Operating Cash Management Changes F. Other Investment Business 7. Approval of Retirements – December 2024 – February 2025 8. Requests for Actuarial Transfer of Service - December 2024 – February 2025 9. Region 3 Board Member Election, Nomination of Candidate(s) 10. Technology Update A. Imaging Update B. New AS400 11. Administrative Director’s Report A. FRS v. Greco, et al Settlement Approval B. Tax Qualification Review Update C. New Member Employer Requests D. Securities Litigation Firms E. Quarterly Report on 2025 Operating Budget F. Legislation Preview 1. SB 6 Court Reporters 2. SB 7 ESG & Proxy Voting G. Training and Education Opportunities …
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Tue Dec 10, 2024

Parochial Employees' Retirement System Board of Trustees

Board to review 2025 budget and investment performance

The Board of Trustees will discuss the 2025 budget, including staff salaries and the Curran Actuarial Contract. The meeting includes an investment performance update and a presentation from Doubleline Income. Members will also consider the approval of retirements for October through December 2024.

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1 of 2 PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM Board of Trustees Meeting – December 10, 2024, 8:30 AM 7905 Wrenwood Blvd., Baton Rouge, Louisiana 70809 AGENDA Board Members: R. Bruce Kelly, Chair, Region 1 M. Larry Richard, Designee, Police Jury Ass n. Kelly Fontenot, Region 2 Senator Bob Owen Phillip Bourgoyne, Region 3 Representative Josh Carlson Bridgette Horton, Region 4 Meeting Called to Order by the Chair: 1. Invocation 2. Roll Call 3. Public Comment Period (must relate to agenda item) 4. Minutes from September 17, 2024 5. Disclosure of Conflicts 6. Investments A. Investment Summary and Performance Update B. Manager Presentation (Doubleline Income ) C. Other Investment Business 1. Plan Exposure in China 2. Timeline Addition – Custodian Proposals 3. XTP Update 7. Approval of Retirements – October, November, and December 2024 8. Requests for Actuarial Transfer of Service 9. Region 3 Board Member Election, Nomination of Candidate(s) 10. Technology Presentation – Exigo Communication Services Presentation 11. Administrative Director’s Report A. New Member-Employer Requests B. Budget 1. Quarterly Report on 2024 Operating Budget 2. Introduction of 2025 Budget i. 2025 Staff COLA and Executive Staff Salaries ii. 2025 Curran Actuarial Contract C. IRS Tax Qualification Review 1. Cost 2. Refund Policy Resolution D. Member Issue – Carl Singletary E. Option 4 Interpretation Issue – 1st Degree Relative F. DROP Interest …
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Tue Dec 12, 2023

Parochial Employees' Retirement System Board of Trustees

Board to review 2024 operating budget and actuarial services contract

The Board of Trustees will discuss investment performance and the 2024 estimated operating budget. The body is scheduled to review a contract for actuarial services with Curran Actuarial Consulting and determine 2024 DROP annuity conversion rates.

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A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., DECEMBER 12, 2023 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of the September 19, 2023 Minutes 4. Public Comment Period 5. Investments A.  Investment Summary and Performance Update             B.  Investment Committee Recommendations           C.  Manager Presentation - Harbourvest D.  Other Investment Business             1.  Investment Timeline             2.  Asset Allocation Study Introduction 6. Approval of Retirements to Date 7. Requests for Reciprocal Recognition of Service 8. Requests for Actuarial Transfer of Service 9. 2024 Contract for Actuarial Services with Curran Actuarial Consulting 10. Board Election Results 11. Cost of Living Adjustment – Retirement System Staff 12. Report on 2023 Operating Budget 13. Estimated Operating Budget for 2024 14. Board Policy for 2024 Holidays 15. Other Business A. 2023 Interest Rate on DROP Deposits B. DROP Annuity Conversion Rate for 2024 C. Information Technology Strategic Plan D. Legislative Update E. Participating Employer Agreement 1. St. John the Baptist Public Defender 16. Executive Session A. Personnel Matters 17. Adjourn
Tue Sep 19, 2023

Parochial Employees' Retirement System Board of Trustees

Parochial Employees' Retirement System Board to review investments and budget

The Board of Trustees will review investment performance and receive a presentation from Loomis Sayles Fixed Income. The body will also consider retirement approvals, actuarial transfers of service, and the 2023 operating budget quarterly report.

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A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., SEPTEMBER 19, 2023 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of the June 20, 2023 Minutes 4. Public Comment Period 5. Investments A.  Investment Summary and Performance Update          B.  Manager Presentation (Loomis Sayles Fixed Income) C.  Other Investment Business             1.  Investment Timeline 6. Approval of Retirements to Date 7. Requests for Actuarial Transfer of Service 8. Meeting Dates for 2024: March 12, June 18, September 17, December 10 9. Other Business A. Announcement of Board Member Election, Nomination of Candidates B. Quarterly Report on 2023 Operating Budget 10. Executive Session A. Personnel Matters 11. Adjourn
Tue Jun 20, 2023

Parochial Employees' Retirement System Board of Trustees

Board of Trustees to review 2022 audit and actuarial reports

The Board of Trustees will discuss investment performance and review the 2022 audit and actuarial reports. The body is also considering policies for retiree COLAs and system holidays.

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A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., JUNE 20, 2023 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of the March 14, 2023 Minutes 4. Public Comment Period 5. Investments A.  Investment Summary and Performance Update B. Investment Committee Recommendations C.  Manager Presentation (Aksia)             D.  Other Investment Business 1. IPS Review 2. Investment Timeline 6. Approval of Retirements to Date 7. Request for Reciprocal Recognition of Service 8. Requests for Actuarial Transfer of Service 9. Other Business 2022 Audit Report, Compliance Questionnaire & Attestation Questionnaire B. 2022 Actuarial Report C. Transfer from Plan B to Plan A D. Contract for Legal Services E. Quarterly Report on Operating Budget F. Legislative Update G. Board Policy for Retiree COLA’s H. Board Policy for System Holidays I. Retirement Resolution for Becky Fontenot J. Annual Conference Schedule 1. National Association of State Retirement Administrators (NASRA) Annual Conference, Broomfield, CO, 8/5 - 8/9/23 2. LAPERS Seminar, New Orleans, Louisiana, 9/10– 9/12/23 10. Adjourn TRUSTEE TRAINING – Notice is hereby given that agenda item 9 B involves discussion of actuarial science. The discussion of this agenda item may be applied as credit for trustee training pursuant to La. R.S. 11:185.
Tue Mar 14, 2023

Parochial Employees' Retirement System Board of Trustees

Board to review investments, retirements, and legislative session

The Parochial Employees' Retirement System Board of Trustees will meet to discuss investment performance and portfolio cost analysis, approve retirements to date, and handle service purchase and transfer requests. Other business includes a 2022 operating budget report, actuarial and audit updates, a new participating employer agreement for Iberia Parish Convention & Visitors Bureau, and a legislative update for the 2023 Regular Legislative Session.

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A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., MARCH 14, 2023 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of December 13, 2022 Minutes 4. Public Comment Period 5. Investments A. Investment Summary and Performance Update B. Investment Committee Recommendations C. Manager Presentation (PE Global) D. Other Investment Business 1. Update on Portfolio Cost Analysis Services 2. Investment Timeline 6. Approval of Retirements to Date 7. Purchase of Prior Service – Not Properly Enrolled 8. Requests for Reciprocal Recognition of Service 9. Requests for Actuarial Transfer of Service 10. Other Business A. Report on 2022 Operating Budget B. Update on 2022 Actuarial & Audit Reports C. Financial Disclosure Forms for Board Members D. Participating Employer Agreements 1. Iberia Parish Convention & Visitors Bureau E. Legislative Update 1. 2023 Regular Legislative Session F. Annual Conference Schedule 1. National Association of State Retirement Administrators (NASRA) Annual Conference, Broomfield, CO, 8/5 - 8/9/23 2. LAPERS Seminar, New Orleans, Louisiana, 9/10– 9/12/23 11. Adjourn
Tue Dec 13, 2022

Parochial Employees' Retirement System Board of Trustees

Board reviews 2023 budgets and investment updates

The Board of Trustees is meeting to review the 2022 operating budget report and consider the estimated 2023 operating budget. The agenda includes updates on investment performance, retirement approvals, and several contract-related items.

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A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., DECEMBER 13, 2022 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of the June 21, 2022 and September 13, 2022 Minutes 4. Public Comment Period 5. Investments A. Investment Summary and Performance Update B. Manager Presentation – TA Realty B. Timeline Update C. Other Investment Business 6. Approval of Retirements to Date 7. Requests for Reciprocal Recognition 8. Requests for Actuarial Transfer of Service 9. 2023 Contract for Actuarial Services with G.S. Curran & Co., LTD 10. Engagement Letters with Duplantier, Hrapmann, Hogan and Maher 11. Board Election Results 12. Cost of Living Adjustment – Retirement System Staff 13. Report on 2022 Operating Budget 14. Estimated Operating Budget for 2023 15. Board Policy for 2023 Holidays: 1. Mardi Gras 2/21 6. Columbus Day 10/09 2. Good Friday 4/07 7. Thanksgiving 11/23 & 11/24 3. Memorial Day 5/29 8. Christmas 12/22 & 12/25 4. Independence Day 7/04 9. New Year’s 12/29 & 1/01 5. Labor Day 9/04 16. Other Business A. 2022 Interest Rate on DROP Deposits B. DROP Annuity Conversion Rate for 2023 C. Legislative Update D. Policy for Denial of Disability Applications E. Resolution for Chief Investment Officer F. Resolution for Terrie Rodrigue 17. Executive Session A. Personnel Matters 18. Election of Officers 19. Adjourn
Tue Sep 13, 2022

Parochial Employees' Retirement System Board of Trustees

Board of Trustees meets to review investments and retirement approvals

The Board of Trustees will review investment performance and committee recommendations. The body will also consider retirement approvals, reciprocal recognition requests, and actuarial transfers of service.

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A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., SEPTEMBER 13, 2022 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of the June 21, 2022 Minutes 4. Public Comment Period 5. Investments A.  Investment Summary and Performance Update             B.  Investment Committee Recommendations          C.  Other Investment Business             1.  Update on Portfolio Cost Analysis Project with XTP             2.  Investment Timeline 6. Approval of Retirements to Date 7. Requests for Reciprocal Recognition 8. Requests for Actuarial Transfer of Service 9. Meeting Dates for 2023: March 14, June 20, September 19, December 12 10. Other Business A. Announcement of Board Member Election, Nomination of Candidates B. Quarterly Report on 2022 Operating Budget C. Letter from Louisiana Attorney General D. Participating Employer Agreement 1. Tangipahoa Parish Recreation District #3 2. Allen Parish Coroner E. On Board Processing/Technology Enhancements F. LAPERS Seminar, New Orleans, Louisiana, 9/18– 9/20/22 11. Adjourn
Tue Jun 21, 2022

Parochial Employees' Retirement System Board of Trustees

Parochial Employees' Retirement System Board meets on June 21, 2022

The Board of Trustees will review investment performance and consider an Investment Policy Statement. The meeting includes reviews of the 2021 Audit Report, the 2021 Actuarial Report, and a quarterly operating budget report.

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A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., JUNE 21, 2022 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of the March 8, 2022 Minutes 4. Public Comment Period 5. Investments A.  Investment Summary and Performance Update B.  Approval of Investment Policy Statement             C.  Other Investment Business 6. Approval of Retirements to Date 7. Requests for Reciprocal Recognition 8. Requests for Actuarial Transfer of Service 9. Other Business 2021 Audit Report, Compliance Questionnaire & Attestation Questionnaire B. 2021 Actuarial Report C. Transfer from Plan B to Plan A D. Quarterly Report on Operating Budget (page 17) E. Legislative Update (page 18) F. Annual Conference Schedule 1. National Association of State Retirement Administrators (NASRA) Annual Conference, Long Beach, CA, 8/6 - 8/10/22 2. LAPERS Seminar, New Orleans, Louisiana, 9/18– 9/20/22 10. Adjourn TRUSTEE TRAINING – Notice is hereby given that agenda item 9 B involves discussion of actuarial science. The discussion of this agenda item may be applied as credit for trustee training pursuant to La. R.S. 11:185.
Tue Mar 8, 2022

Parochial Employees' Retirement System Board of Trustees

Board of Trustees to review investments and retirement approvals

The Board of Trustees will review investment performance and a presentation from Mondrian International Small Cap. The body will also act on retirement approvals, prior service purchases, and actuarial transfers of service.

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A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., MARCH 8, 2022 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of December 15, 2021 Minutes 4. Public Comment Period 5. Investments A. Investment Summary and Performance Update B. Manager Presentation 1. Mondrian International Small Cap C. 2022 Investment Timeline D. Other Investment Business 6. Approval of Retirements to Date 7. Purchase of Prior Service – Not Properly Enrolled 8. Requests for Actuarial Transfer of Service 9. Other Business A. Report on 2021 Operating Budget B. Update on 2021 Actuarial & Audit Reports C. Financial Disclosure Forms for Board Members D. Participating Employer Agreements 1. Tangipahoa Parish Coroner E. Legislative Update 1. 2022 Regular Legislative Session F. Annual Conference Schedule 1. National Association of State Retirement Administrators (NASRA) Annual Conference, Long Beach, CA, 8/6 - 8/10/22 2. LAPERS Seminar, New Orleans, Louisiana, 9/18– 9/20/22 10. Adjourn
Tue Sep 21, 2021

Parochial Employees' Retirement System Board of Trustees

Board of Trustees to review investments and retirement approvals

The Board of Trustees will meet to discuss investment performance and committee recommendations. The body will also review retirement approvals and requests for service transfers.

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A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., SEPTEMBER 21, 2021 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of the June 22, 2021 Minutes 4. Public Comment Period 5. Investments A. Investment Summary and Performance Update B. Investment Committee Recommendations C. Other Investment Business 1. Update on Portfolio Cost Analysis Services 2. Investment Timeline 6. Approval of Retirements to Date 7. Requests for Reciprocal Recognition 8. Requests for Actuarial Transfer of Service 9. Meeting Dates for 2022: March 8, June 21, September 13, December 13 10. Other Business A. Announcement of Board Member Election, Nomination of Candidates B. Quarterly Report on 2021 Operating Budget C. Participating Employer Agreement 1. St. Charles Public Defender D. LAPERS Virtual Seminar 11. Adjourn Members of the public who wish to attend this meeting may do so at the retirement system office, 7905 Wrenwood Blvd., Baton Rouge, LA  70809.  In order to provide proper social distancing, please confirm attendance by calling 225-928-1361 by 4:00 pm on 9/17/21.
Tue Jun 22, 2021

Parochial Employees' Retirement System Board of Trustees

Parochial Employees' Retirement Board to review investments, approve retirements

The Board of Trustees will discuss investment performance and policy, approve retirements, and consider actuarial reports, rate increases, and other administrative matters.

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A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., JUNE 22, 2021 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of the March 9, 2021 Minutes 4. Public Comment Period 5. Investments A.  Investment Summary and Performance Update B.  Approval of Investment Policy Statement             C.  Other Investment Business 6. Approval of Retirements to Date 7. Purchase of Prior Service 8. Requests for Actuarial Transfer of Service 9. Other Business 2020 Audit Report, Compliance Questionnaire & Attestation Questionnaire B. 2020 Actuarial Report C. Transfer from Plan B to Plan A D. 2021 Meeting Schedule E. Approval of Proposed Rate Increase – Akers & Wisbar F. Application Effective Date – Brian Romero, Iberville Parish G. Retirement Calculation Question – Lori Franovich, Plaquemines Parish H. Quarterly Report on Operating Budget I. Legislative Update J. Annual Conference Schedule 1. NASRA Annual Conference – 8/9 – 8/11/21, Virtual 2. LAPERS Annual Seminar – 9/12 – 9/14/21, New Orleans Marriott K. Executive Session 1. Collection of Retiree Overpayment – D. Williams 2. Investment Manager Contract Revision 10. Adjourn TRUSTEE TRAINING – Notice is hereby given that agenda item 9 B involves discussion of actuarial science. The discussion of this agenda item may be applied as credit for trustee training pursuant to La. R.S. 11:185.
Mon Mar 8, 2021

Parochial Employees' Retirement System Board of Trustees

Board to review investments, approve retirements, and discuss 2021 legislative session

The Board of Trustees will review investment performance and a committee recommendation, approve retirements, consider requests for service transfers, and discuss the 2021 legislative session and conference schedule.

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A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., MARCH 9, 2021 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of December 8, 2020 Minutes 4. Public Comment Period 5. Investments A. Investment Summary and Performance Review B. Investment Committee Recommendation 1. Real Estate 2. Third Party Investment Expense Review C. 2021 Investment Timeline D. Other Business 6. Approval of Retirements to Date 7. Purchase of Prior Service – Not Properly Enrolled 8. Requests for Actuarial Transfer of Service 9. Other Business A. Report on 2020 Operating Budget B. Update on 2020 Actuarial & Audit Reports C. Financial Disclosure Forms for Board Members D. Recommendation – Benefits Administrator E. Application Effective Date 1. Request from Sulphur Parks and Recreation – DROP Effective Date 2. Plaquemines Parish Government – Retirement Effective Date F. Legislative Update 1. 2021 Regular Legislative Session G. Annual Conference Schedule 1. National Association of State Retirement Administrators (NASRA) Annual Conference, Pittsburg, PA, 8/7 - 8/11/21 2. LAPERS Seminar, New Orleans, Louisiana, 9/12– 9/14/21 10. Adjourn
Tue Dec 8, 2020

Parochial Employees' Retirement System Board of Trustees

Board to consider 2021 contract for actuarial services with G.S. Curran & Co.

The Parochial Employees' Retirement System Board of Trustees is meeting to discuss and decide on routine administrative and financial matters. Key items include a proposed 2021 contract for actuarial services, approval of retirements, and setting the 2021 operating budget and board holiday policy.

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A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., DECEMBER 8, 2020 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of the September 21, 2020 Minutes 4. Public Comment Period 5. Investments A. Investment Summary and Performance Review B. Investment Committee Recommendation C. Timeline Update D. Presentation from Artisan Partners E. Other Investment Business 6. Approval of Retirements to Date 7. Purchase of Prior Service- Not Properly Enrolled 8. Requests for Reciprocal Recognition 9. Requests for Actuarial Transfer of Service 10. 2021 Contract for Actuarial Services with G.S. Curran & Co., LTD 11. Cost of Living Adjustment – Retirement System Staff 12. Report on 2020 Operating Budget 13. Estimated Operating Budget for 2021 14. Board Policy for 2021 Holidays: 15. Other Business A. 2020 Interest Rate on DROP Deposits B. DROP Annuity Conversion Rate for 2021 C. Legislative Update D. Late Penalties for 3rd Quarter 2020 16. Executive Session A. Personnel Matters 17. Adjourn
Mon Sep 21, 2020

Parochial Employees' Retirement System Board of Trustees

Board to consider currency manager recommendation and retiree COLA

The Parochial Employees' Retirement System Board of Trustees will discuss investment updates, a currency manager recommendation, and an investment timeline. They will also consider a retiree cost-of-living adjustment (COLA) under R.S. 11:1937, approve retirements, and set 2021 meeting dates.

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A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., SEPTEMBER 21, 2020 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of the March 10, June 25 and June 30, 2020 Minutes 4. Public Comment Period 5. Investments A. Investment Summary and Performance Update B. Other Investment Business 1. Currency Manager Recommendation 2. Investment Timeline 6. Approval of Retirements to Date 7. Requests for Reciprocal Recognition 8. Requests for Actuarial Transfer of Service 9. Meeting Dates for 2021: March 9, June 22, September 14, December 14 10. Other Business A. Retiree COLA; R.S. 11:1937 B. Quarterly Report on 2020 Operating Budget C. Late Penalties for 2nd Quarter of 2020 D. Disability Income Statements E. Participating Employer Agreement 1. 3rd Judicial District Indigent Defender 11. Adjourn Members of the public who wish to attend this meeting may do so at the retirement system office, 7905 Wrenwood Blvd., Baton Rouge, LA  70809.  In order to provide proper social distancing, please confirm attendance by calling 225-928-1361 by 4:00 pm on 9/18/20.
Tue Jun 30, 2020

Parochial Employees' Retirement System Board of Trustees

Board discusses investment restructuring and retirement payments

The Board of Trustees is meeting to review investment policy statements and a restructure of fixed income and equity. The agenda also includes the approval of retirements and various actuarial reports.

retirementinvestmentsauditpensionfinance
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Extracted text of the official agenda document (automated extraction — may contain OCR/formatting errors).
A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 10:00 A.M., JUNE 30, 2020 1. Meeting Called to Order 2. Invocation 3. Roll Call 4. Public Comment Period 5. Investments A. Approval of Fixed Income and Equity Restructure             B.  Approval of Investment Policy Statement             6. Approval of Retirements to Date A. Option 4 payment – Allen Weber 7. Requests for Actuarial Transfer of Service 8. Other Business 2019 Audit Report, Compliance Questionnaire & Attestation Questionnaire B. 2019 Actuarial Report C. Transfer from Plan B to Plan A D. Late Penalties for 1st Quarter 2020 9. Adjourn
Thu Jun 25, 2020

Parochial Employees' Retirement System Board of Trustees

Board reviews investment updates and retirement payments

The Board of Trustees is meeting to review investment performance, a restructure of fixed income and equity, and the approval of an Investment Policy Statement. The agenda also includes approving retirements and reviewing the 2019 audit report.

investmentsretirementauditbudgetpension
📄 From the agenda
Extracted text of the official agenda document (automated extraction — may contain OCR/formatting errors).
A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., JUNE 25, 2020 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of the March 10, 2020 Minutes 4. Public Comment Period 5. Investments A.  Investment Summary and Performance Update B. Fixed Income and Equity Restructure             C.  Approval of Investment Policy Statement             D.  Other Investment Business 6. Approval of Retirements to Date A. Option 4 payment – Allen Weber 7. Requests for Actuarial Transfer of Service 8. Other Business 2019 Audit Report, Compliance Questionnaire & Attestation Questionnaire B. 2019 Actuarial Report C. Transfer from Plan B to Plan A D. Quarterly Report on Operating Budget E. Late Penalties for 1st Quarter 2020 F. Legislative Update G. Annual Conference Schedule 9. Adjourn TRUSTEE TRAINING – Notice is hereby given that agenda item 8 B involves discussion of actuarial science. The discussion of this agenda item may be applied as credit for trustee training pursuant to La. R.S. 11:185.
Tue Mar 10, 2020

Parochial Employees' Retirement System Board of Trustees

Lapers Board reviews investment performance and retirement approvals

The Board of Trustees met to review investment summaries, asset/liability studies, and the 2020 investment timeline. The agenda also included approving retirements and reviewing 2019 operating budget reports.

retirementinvestmentsbudgetauditgovernance
📄 From the agenda
Extracted text of the official agenda document (automated extraction — may contain OCR/formatting errors).
A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., MARCH 10, 2020 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of December 10, 2019 Minutes 4. Public Comment Period 5. Investments A. Investment Summary and Performance Review B. Asset/Liability Study Presentation C. 2020 Investment Timeline 6. Approval of Retirements to Date A. Gerson Martin, Option 4 Payment 7. Requests for Actuarial Transfer of Service 8. Other Business A. Report on 2019 Operating Budget B. Update on 2019 Actuarial & Audit Reports C. Financial Disclosure Forms for Board Members D. Legislative Update 1. 2020 Regular Legislative Session G. Annual Conference Schedule 1. National Association of State Retirement Administrators (NASRA) Annual Conference, Park City, Utah, 7/31 - 8/5/20 2. LAPERS Seminar, New Orleans, Louisiana, 9/20– 9/22/20 9. Adjourn
Tue Dec 10, 2019

Parochial Employees' Retirement System Board of Trustees

Board to review 2020 operating budget and actuarial contracts

The Board of Trustees will discuss investment performance and the estimated operating budget for 2020. The body is reviewing contracts for actuarial services and audit engagements. Other business includes retirement approvals and the 2020 holiday schedule.

retirementbudgetinvestmentscontractspensions
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Extracted text of the official agenda document (automated extraction — may contain OCR/formatting errors).
A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., DECEMBER 10, 2019 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of the September 10, 2019 Minutes 4. Public Comment Period 5. Investments A. Investment Summary and Performance Review B. Fixed Income Structure Analysis C. LSV Asset Management D. Asset Liability Study Discussion E. Other Investment Business 6. Approval of Retirements to Date 7. Purchase of Prior Service- Not Properly Enrolled 8. Requests for Reciprocal Recognition 9. Requests for Actuarial Transfer of Service 10. 2020 Contract for Actuarial Services with G.S. Curran & Co., LTD 11. Audit Engagement Letter with Duplantier, Hrapmann, Hogan and Maher 12. Cost of Living Adjustment – Retirement System Staff 13. Report on 2019 Operating Budget 14. Estimated Operating Budget for 2020 15. Board Policy for 2020 Holidays: 1. Mardi Gras 2/25 6. Columbus Day 10/12 2. Good Friday 4/10 7. Thanksgiving 11/26 & 11/27 3. Memorial Day 5/25 8. Christmas 12/24 & 12/25 4. Independence Day 7/03 9. New Year’s 12/31 & 1/01 5. Labor Day 9/07 16. Other Business A. 2019 Interest Rate on DROP Deposits B. DROP Annuity Conversion Rate for 2020 C. Legislative Update 17. Executive Session A. Personnel Matters 18. Adjourn
Tue Sep 10, 2019

Parochial Employees' Retirement System Board of Trustees

Board to review investments, approve retirements, set 2020 meeting dates

The Parochial Employees' Retirement System Board of Trustees will meet to discuss investment performance, approve retirements, consider prior service purchase requests, and set meeting dates for 2020. The agenda also includes a quarterly budget report, approval of option factors, a policy on retiree health insurance, and proposed legislation for the 2020 regular session.

pensionretirementinvestmentsbudgetlegislationhealth-insurance
📄 From the agenda
Extracted text of the official agenda document (automated extraction — may contain OCR/formatting errors).
A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., SEPTEMBER 10, 2019 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of the June 18, 2019 Minutes 4. Public Comment Period 5. Investments A. Investment Summary and Performance Update B. Other Investment Business 1. Equity Structure and Analysis 2. Fee Analysis 3. Approval of Investment Policy Statement 4. Asset Allocation Timetable 6. Approval of Retirements to Date 7. Request to Purchase Prior Service – Not Properly Enrolled 8. Requests for Reciprocal Recognition 9. Requests for Actuarial Transfer of Service 10. Meeting Dates for 2020: March 10, June 16, September 15, December 8 11. Other Business A. Quarterly Report on 2019 Operating Budget B. Approval of Option Factors C. Policy on Health Insurance Coverage for Retired Employees of the System D. Proposed Legislation for 2020 Regular Session E. LAPERS Seminar, New Orleans, Roosevelt Hotel, 9/15 – 9/17, 2019 F. PERS Administrative Training, October 8, 2019, Baton Rouge Renaissance 12. Adjourn
Tue Jun 18, 2019

Parochial Employees' Retirement System Board of Trustees

Board of Trustees to elect leadership and review investment policy

The Board of Trustees will elect a Chairman and Vice Chairman and review the Investment Policy Statement. The body will also consider contracts for benefit calculation software and other professional services.

retirement-systeminvestmentscontractsgovernancepensions
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Extracted text of the official agenda document (automated extraction — may contain OCR/formatting errors).
A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., JUNE 18, 2019 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of the March 12, 2019 Minutes 4. Public Comment Period 5. Election of Chairman and Vice Chairman 6. Investments A.  Investment Summary and Performance Update             B.  Approval of Investment Policy Statement             C.  Other Investment Business 7. Approval of Retirements to Date 8. Request to Purchase Prior Service – Not Properly Enrolled 9. Requests for Actuarial Transfer of Service 10. Other Business 2018 Audit Report, Compliance Questionnaire & Attestation Questionnaire B. 2018 Actuarial Report C. Transfer from Plan A to Plan B D. Contract with G.S. Curran & Co – Benefit Calculation Software E. Contract with Akers & Wisbar F. Quarterly Report on Operating Budget (page 13) G. Legislative Update (page 14) H. Participating Employer Agreement 1. Jefferson Parish Finance Authority 2. Evangeline Parish Communications District I. Retirement Resolution for Geraldine Ferguson J. Health Insurance Coverage for Retired Employees of the System K. Annual Conference Schedule 1. National Association of State Retirement Administrators (NASRA) Annual Conference, Williamsburg, Virginia, 8/2 - 8/7/19 2. LAPERS Seminar, New Orleans, Louisiana, 9/15 – 9/17/19 11. Adjourn
Tue Mar 12, 2019

Parochial Employees' Retirement System Board of Trustees

Board to review 2018 budget, actuarial report, and legislative session

The Parochial Employees' Retirement System Board of Trustees will meet to discuss routine business including investment performance, retirement approvals, and service credit requests. Notable items include a report on the 2018 operating budget, an update on actuarial and audit reports, and a legislative update for the 2019 regular session. The board will also consider a request for retroactive payment from a Jefferson Parish employee and a proposed policy for Option 4 payments.

pensionsretirementbudgetactuariallegislative-updatejefferson-parish
📄 From the agenda
Extracted text of the official agenda document (automated extraction — may contain OCR/formatting errors).
A G E N D A PAROCHIAL EMPLOYEES’ RETIREMENT SYSTEM MEETING OF THE BOARD OF TRUSTEES BATON ROUGE, LOUISIANA 8:30 A.M., MARCH 12, 2019 1. Meeting Called to Order 2. Invocation 3. Roll Call and Approval of December 11, 2018 Minutes 4. Public Comment Period 5. Investments A. Investment Summary and Performance Review B. Other Investment Business 6. Approval of Retirements to Date 7. Purchase of Prior Service- Not Properly Enrolled 8. Requests for Reciprocal Recognition 9. Requests for Actuarial Transfer of Service 10. Other Business A. Report on 2018 Operating Budget B. Update on 2018 Actuarial & Audit Reports C. Financial Disclosure Forms for Board Members D. Request for Retroactive Payment – Arleeta Terrell, Jefferson Parish E. Proposed Policy for Option 4 Payments F. Legislative Update 1. 2019 Regular Legislative Session G. Annual Conference Schedule 1. National Association of State Retirement Administrators (NASRA) Annual Conference, Williamsburg, Virginia, 8/2 - 8/7/19 2. LAPERS Seminar, New Orleans, Louisiana, 9/15– 9/17/19 11. Executive Session A. Personnel Matters 12. Adjourn

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