Boston Retirement Board Meeting

• Administrative Update
  • ABC Project – discussion only
  • COLA and COLA base – discussion and vote

• Investment Update
  • 2018 Real Estate Search (Closed-End) – discussion and vote
    • Brookfield
    • PGIM Real Estate
    • Terracap
  • May 2018 Flash Report – discussion only
  • PERAC Investment Report 2017 – discussion only
  • Work Plan – discussion only

• Financial Update
  • May 2018 Financial Snapshot – discussion only

• Operations Update
  • May 2018 payroll update – discussion only

• Legal Update
  • PERAC Advisory Opinions:
    • PERAC advisory opinion re impact on contributions when member makes less than $5,000 in regular comp in one year
    • PERAC advisory opinion re pension eligibility of BPS Performance Based Compensation for Principals and Headmasters
  • PERAC Memorandum:
    • PERAC # 18-2018 re Vernava Follow Up and Compliance with PERAC Memo
  • Waiver Request:
    • Paul Hayward                BPD                            $4,037.90

The Board shall enter into Executive Session in order to consider applications for disability retirement allowance benefits, accidental death benefits, termination allowance benefits, as well as litigation strategy.  The Board shall re-convene in Administrative Session in order to consider any remaining agenda items and then adjourn.