LAKE WALES POLICE OFFICERS’ RETIREMENT SYSTEM

22233 Drawbridge Dr. ¨ Leesburg, Florida 34748 ¨ Phone: 352-787-9795 ¨ Fax: 352-787-2699


CITY OF LAKE WALES

AGENDA

POLICE OFFICERS’ PLAN AND TRUST FUND

Notice of Meeting Posted 01/19/21

January 25, 2021 – 1 pm

Location:  Lake Wales Fire Dept.-253 W. Central Ave. Lake Wales FL - Tra ning Room

1.

Call to Order and Roll Call

2.

OPEN FORUM


Plan members, retirees or beneficiaries are requested to keep comments to a
maximum of five minutes.

3.

CONSENT AGENDA


•    Minutes from the October 26, 2020 meeting additions, changes/approval

•    Accounting Report - additions, changes/approval
4.

OLD BUSINESS

•   No Opinion Letter - Attorney to draft letter for No Opinion for 401a option after cap on member contributions.

•    DROP Form Management Fees:  Plan Administrator to reach out to Foster & Foster to discuss fee 
to manage DROP until age 59 ½.

•    Sample DROP payout options

5.

Investment Manager Report

6.

Investment Consultant Report

7.

Attorney's Report

8.

ADJOURNMENT/NEXT MEETING

The next regular meeting for the Board of Trustees is scheduled for April 26, at 1pm.

DISABILITY INFORMATION: In accordance with the Americans with Disabilities Act and F.S.S. 286.26, persons with disabilities needing special accommodation to participate in this meeting should contact Susy Pita, Plan Administrator, no later than seven days subsequent to the proceeding at 352-787-9795 for assistance.  If hearing impaired, call the Florida Relay Service Numbers at 800-955-8771 (TDD) or 800-955-8770 (VOICE) for assistance.

APPEAL NOTICE: If a person decides to appeal any decision made by the Board, with respect to any matter considered at such meeting or hearing, that person will need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which appeal is to be based.