2014-05-21-RB-min - Laserfiche WebLink

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possibly take $5 mil from Hartford and $5 mil from Contrafund, which is 8% of domestic equity and invest 2% each into Wellington Opportunistic, Acadian, Rhumbline and Glenmeade. Alan asked LouAnn to create a report of how the volatility component is affected by investing the 2% in each strategy. Meketa will begin the RFP process for a Large Cap Manager. Glenmeade and Parnassus Investments will be asked to respond. There was a request from Dave Hargrave for buyback of Middlesex County Call Firefighter service. It is hard to determine what hours he worked because they were part time on an as needed basis. The calculation would be prorated and Middlesex will not accept the service. In keeping in line with the policy, the Board denied the request. It was noted that Bob Cunha was unopposed in the election and will serve his 10t"term 711114- 6130117. Memo #1312014 Board Member Training and Ethics Test Remainder were given to the Board. A motion was made, seconded and approved unanimously to adjourn the meeting at 10:20. The next meeting will be held June 25, 2014, 8:00 AM at Cary Memorial Library in the Learning Center. Absent Robert Cunha, Chairman Michael McNabb, Appointed Member Robert Addelson, Ex Officio Member Joseph Foley, Elected Member Alan Fields, Appointed Member