Boston Retirement System Meeting

Administrative Session

Meeting Convenes - Introduction of Members and Guests

Review and Acceptance of Past Administrative - Session Minutes

Outstanding/Ongoing Administrative Issues: Timothy J Smyth, Executive Officer

• Administrative Update
• PERAC Memorandum for educational purposes only:
• PERAC Memo 19-2023 re tobacco company list
• Unused Vacation Buyback supplemental regulation - discussion only
• Comments from Actuary Kathleen Riley re costs associated with implementation of Section 106

Outstanding/Ongoing Investment Issues: John F. Kelly, Investment Analyst

• Investment Update (NEPC Meeting Materials 2023 09)

• Real Estate RFP search – discussion and vote
• Berkshire
• Cerberus Institutional Real Estate Partners
• Cohen Steers Real Estate Opportunities Fund LP
  • August 2023 Flash Report - discussion only
  • Work Plan - discussion only
  • Custody Search - discussion only
  • 2022 PERAC Investment Report - discussion only

Outstanding/Ongoing Financial Issues: Ellen M. McCarthy, Comptroller

• Financial Update
• August 2023 financial snapshot
• Jan through July 2023 Trial Balance Report
• July 2023 Adjusting Journal
• July 2023 Cash Disbursement Summary
• July 2023 Cash Receipt Summary
• July 2023 Citizens Operating
• July 2023 Mass. Municipal Depository Trust Statement
• July 2023 MMDT Cash Reconciliation
• July 2023 Operating Cash Reconciliation

Outstanding/Ongoing Operations Issues:  Christine M. Weir, Deputy Director

• Operations Update

Outstanding/Ongoing Legal Issues:  Natacha Thomas, General Counsel

• Legal Update

The Board shall enter into Executive Session in order to discuss the physical condition or mental health of an individual(s).  Specifically, the Board shall consider applications for accidental disability retirement benefits, ordinary disability retirement benefits and/or petitions for accidental death benefits. Finally, the Board may also consider litigation strategy, pension forfeiture and/or personnel matters.

The Board shall re-convene in Administrative Session in order to consider any remaining agenda items and then adjourn.