Calendar of Events
Laws & Rules
Ohio Qualified Information
Links to Other Web Sites
Nominating petitions, guidelines and other materials
relating to the 2008 OP&F Trustee elections will be available beginning
Feb. 4, 2008. Eligible members of three membership groups will each elect a
representative to the OP&F Board � active firefighters, active police
officers and retired police officers. Currently holding these positions are
Chair of the Board of Trustees Lawrence Petrick (active fire, Shaker Heights),
Ed Montgomery (active police, Columbus) and the Board�s Vice Chair, William Gallagher
(retired police, Cleveland).
Members interested in running for a position on the Board
should contact OP&F to receive a packet containing necessary materials and
information outlining the duties and responsibilities of a trustee. Election
materials are also available on the OP&F Web site at www.op-f.org.
Completed nominating petitions, a certificate of eligibility
and the candidates photo must be received by OP&F no later than 4 p.m. on
Monday, April 7, 2008. Ballots will be sent to eligible members on May 5, and
must be returned by May 20. Results of all three elections will be announced on May 27, 2008.
Harrell elected by Board to serve as Chair Elect
Kathy Harrell (Cincinnati
Police) was elected by the OP&F Board of Trustees to serve as Chair Elect at
the Board�s January meeting. Harrell will complete the Chair Elect term vacated
when Anthony Gorsek resigned from the Board in September 2007. Harrell, who was
elected to a four-year term in May of 2007, will serve as Chair Elect until
June 2008, at which time she will become the Board Chair.
OP&F Board attends trustee educational sessions in
Members of the OP&F Board of Trustees joined their peers
from Ohio�s other five public retirement systems and visitors from other states
on Jan. 28-29 at the Ohio Forum on Public Retirement in downtown Columbus.
OP&F Trustees participated in the conference, which featured topics
including fiduciary responsibilities, retirement system funding and specific
Board of Trustee Committee Notes: (Actions approved by the Board are listed
The OP&F Administration/Audit
Committee received updates on several
Information Services projects, including imaging and the outside security
assessment. The Committee also was briefed on activities by the internal
auditor, which included a calculations audit of the Member Services Department,
a review of the imaging process in the Records/Imaging/Mail Services Division,
and an external security access study of the Information Services Department.
In addition to the scheduled
disability hearings and reviews, the Disability Committee reviewed and discussed the Mandatory Disability
Experience Report by Employer, the 4th Quarter 2007 Disability
Experience Report and the status of Annual Earnings Statments. The Committee
also discussed providing formal training for member agents on the processing of
The OP&F Health Care
Committee/Board of Trustees meeting
focused on updates from UnitedHealthcare (UHC) and AARP representatives about
enrollment for the 2008 retiree health care plan. The Committee/Board also
discussed other concerns about health care enrollment and various other issues
surrounding the transition to UHC.
Committeee reviewed an analysis of the
Mid-Career Seminar, which OP&F sponsored for the first time in November
2007, and discussed potential changes and improvements for future seminars.
In addition to the monthly
portfolio update, the OP&F Investment Committee/Board of Trustees listened
to presentations on INVESCO�s core real estate fund and from EARNEST Partners.
The Committee/Board also reviewed and discussed the Private Markets Report.
At its January 24,
2008 meeting, the OP&F Board of Trustees passed the following motions:
staff and consultant recommendation to approve the Real Estate Strategic Plan
for the real estate program, as presented to the Board on January 23, 2008
the rating recommendations of staff for Chicago Equity Partners, Columbia
Management and MacKay Shields, as outlined in Investment Staff�s memorandums to
the Board dated January 23, 2008, and approved the rating for EARNEST Partners
as further discussed by the Board on January 23, 2008 (Investment Committee).
staff and consultant recommendation to adopt the amended Ohio Police &
Fire Pension Fund Broker Policy, as discussed by and further amended by the
Board on January 23, 2008 (Investment Committee).
staff�s recommendation to invest $15 million in the Northgate IV, L.P., upon
the terms outlined in staff�s memorandum dated January 23, 2008, and such other
terms favorable or protective to OP&F, as determined by the Executive
Director (Investment Committee).
the awards for the Initial Determination Hearings (IDH) for 36 members
identified on the IDH list presented to the Board on January 22, 2008. Member #37
is postponed further review and disability benefits are denied for members #22,
#27, #35 and #39 (Disability Committee).
the awards for the Disability Appeal Hearings for the three members identified
on the appeals list presented to the Board on January 23, 2008. No change was
made for the member identified as member #2 and #3, and member #6 is postponed
at the member�s request (Disability Committee).
the determination for reconsideration hearings for the members identified
the awards for the Death Benefit Fund Hearings for eligible applicants of the
members identified (Disability Committee).
the mandatory medical evaluations and filing of annual earnings statements for
future years for those disability recipients identified in the list presented
to the Board on January 23, 2008 (Disability Committee).
the filing of future annual earnings statements and mandatory medical
evaluations for those disability recipients identified in the list presented to
the Board on January 23, 2008, and grants a limited waiver for those disability
benefit recipients indentified in that list. Also, the Board postpones for
reexamination those disability benefit recipients identified and terminates the
disability benefits for those disability benefit recipients identified in the
same list (Disability Committee).
the 2007 Employer Disability Experience Report in the form presented to the
Board on January 23, 2008, and authorizes staff to forward the report to the
appropriate public officials, in accordance with Section 742.381 of the Ohio
Revised Code (Disability Committee).
the proposed changes to Administrative Rule 742-3-23, Spousal
Consent/Designation of Multiple Beneficiaries, in the form outlined in
staff�s memorandum dated January 22, 2008, and authorizes such other technical
revisions to the rules as are deemed necessary and appropriate by OP&F�s
General Counsel along with the required filing of the Rule with the proper
agencies (Benefits Committee).
the travel recommendations of the Administration/Audit Committee as presented
to the Board of Trustees on January 23, 2008 (Administration/Audit Committee).