Police Pension Board Meeting (2024-05-13)

THE PENSION RESOURCE CENTER, LLC 4360 Northlake Boulevard, Suite 206  Palm Beach Gardens, FL 33410 Phone (561) 624-3277  Fax (561) 624-3278  WWW.RESOURCECENTERS.COM PLEASE NOTE: Should any interested party seek to appeal any decision made by the Board with respect to any matter considered at such meeting or hearing, he will need a record of the proceedings, and for such purpose he may need to insure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. In accordance with the Americans With Disabilities Act of 1990, persons needing a special accommodation to participate in this meeting should contact The Pension Resource Center, LLC no later than four days prior to the meeting. In accordance with F.S. 120.54(5)(b)2, notice of use of communications media technology for public participation and availability at this meeting is hereby provided. Any member of the public wishing to listen and/or appear at the virtual meeting is directed to use the above audio audio/video access codes/lins.. TOWN OF JUPITER POLICE OFFICERS’ RETIREMENT FUND Meeting of Monday, May 13, 2024 QUARTERLY MEETING NOTICE Location: Electronic Meeting Town Council Chambers 210 Military Trail Jupiter, FL 33458 Meeting Contact: (800) 206-0116 (Plan Administrator) A quorum of Trustees will be present. Some Trustees may appear electronically. Time: 10:00 A.M. INSTRUCTIONS TO JOIN MEETING ELECTRONICALLY Meeting ID: 867 4404 8657 Passcode: 409948 Resource Centers is inviting you to a scheduled Zoom meeting: For Video & Audio (Recommended): If you are using a mobile device (Smart Phone or Tablet) use the “Zoom” App. Link to Join from Laptop, PC, Mac, Linux, iOS or Android (No password needed if you use the direct link): https://us06web.zoom.us/j/86744048657?pwd=26xXl1o67jTenfYNhLlWPH1Xm3kGQn.1 For Voice Only: One tap mobile: +1301 715 8592,,86744048657#,,,,*409948# US

2 THE PENSION RESOURCE CENTER, LLC 4360 Northlake Boulevard, Suite 206  Palm Beach Gardens, FL 33410 Phone (561) 624-3277  Fax (561) 624-3278  WWW.RESOURCECENTERS.COM TOWN OF JUPITER POLICE OFFICERS’ RETIREMENT FUND Meeting of Monday, May 13, 2024 QUARTERLY MEETING AGENDA Location: Electronic Meeting Town Council Chambers 210 Military Trail Jupiter, FL 33458 Meeting Contact: (800) 206-0116 (Plan Administrator) A quorum of Trustees will be present. Some Trustees may appear electronically. Time: 10:00 A.M. 1. Call Meeting to Order Roll Call: Mark Ahern Nick Scopelitis Jason Alexandre Michael Salvemini Frank LaPlaca 2. Approval of Minutes of Meeting Held February 5, 2024 3. Investment Reports a. Investment Manager Presentation – Eagle Capital (Scott Ohm) b. Investment Manager Presentation – Polen Capital (Sam Oppe & Rana Pritanjali) c. Private Credit Presentation – Pennant Park (Brian Kendall) d. Investment Consultant Report 1. Investment Performance Report 3/31/24 e. Other Reports in Packet 1. PomTrack Reports 2. Robbins Geller Reports 4. Actuary Report a. Cost Estimate for Study on Possible Proposed Benefit Changes 5. Attorney Report a. Discussion Regarding Necessity to Hold Back for Full DROP Distribution Requests 6. Approval of Disbursements and Interim Financial Statements

3 7. Administrator Report a. Benefit Approvals b. Annual Form 1 Financial Disclosure Filing Reminder (July 1 Deadline) c. Upcoming Election for Michael Salvemini (May 2024) d. Reappointment of Nick Scopelitis as 5th Trustee e. Employee Pension Workshops Scheduled 8. Other Business 9. Public Comments (Three Minute Limitation) 10. Adjourn NEXT MEETING: Monday, August 12, 2024 at 10:00 A.M. PLEASE NOTE: Should any interested party seek to appeal any decision made by the Board with respect to any matter considered at such meeting or hearing, he will need a record of the proceedings, and for such purpose he may need to insure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. In accordance with the Americans With Disabilities Act of 1990, persons needing a special accommodation to participate in this meeting should contact The Pension Resource Center, LLC no later than four days prior to the meeting.

4 In accordance with F.S. 120.54(5)(b)2, notice of use of communications media technology for public participation and availability at this meeting is hereby provided. Any member of the public wishing to listen and/or appear at the virtual meeting is directed to use the above audio audio/video access codes/lins..