<p> EDUCATIONAL RETIREMENT BOARD MEETING ERB Albuquerque Office 6201 Uptown Boulevard, Suite 203 Albuquerque, NM 87501 Friday, April 24, 2015 9:00 a.m.</p><p>AGENDA</p><p>1. Procedural Items: a. Roll Call/Ascertain Quorum b. Approval of Agenda (A) c. Approval of Minutes – February 27, 2015 (A) d. Introduction of Guests</p><p>2. Consent Agenda: a. Board Travel: (A) </p><p>3. Investment Reports: Bob Jacksha, Chief Investment Officer a. Investment Committee Report b. Other Investment Reports</p><p>4. Approval of Committee Charters: Chris Bulman, General Counsel a. Investment Committee (A) b. Audit Committee (A) </p><p>5. Fiscal Year 2015 3rd Quarter Budget Report: Dianne Rossbach, Chief Financial Officer</p><p>6. FY16 Budget Investment Management fees: Bradley Day, Trustee</p><p>7. Outsourcing of Member Services Discussion: Bradley Day, Trustee</p><p>8. Alternative Retirement Plan: a. ARP Committee Report: Beulah Woodfin, Trustee b. Discussion of 3% employer contribution to Defined Benefit Plan: Beulah Woodfin, Trustee c. Amendment to Operations Manual regarding tax status: Chris Bulman (A) d. Extension of Service Provider contracts (TIAA-CREF and Fidelity): Chris Bulman (A)</p><p>9. Final Action on Proposed Rule Changes: Chris Bulman, General Counsel (A)</p><p>10. Age & Service Retirements: Rick Scroggins, Deputy Director (A) </p><p>11. Disability Retirements: Rick Scroggins, Deputy Director (A) 12. Director’s Report: Jan Goodwin, Executive Director a. Retirement season update b. Interest overpayment update c. Equipment Disposal (A) d. Other</p><p>13. Executive Session: Joseph Dworak, Assistant Attorney General Deliberations regarding the Hearing Officer’s Recommended Decisions in the following Administrative Appeals (session closed pursuant to NMSA 1978, Section 10-15-1(H)(3)): a. Appeal of Andrew J. Kaczmarek b. Appeal of Robert Carrick c. Appeal of Donna Gibson d. Appeal of Muhammad Ali Rana, M.D.</p><p>14. Action from Executive Session (A)</p><p>15. Next Meeting: Friday, June 12, 2015 – Albuquerque</p><p>16. Adjourn (A)</p><p>Please send any suggestions for the June Board Meeting Agenda to Executive Director Jan Goodwin by Friday, May 29, 2015.</p><p>If the meeting is still going at 12:30 pm, there will be a 30-minute meal break.</p>