General Information

Government Type

Independent or Quasi-Government

Entity

Utah State Retirement Office

Public Body

Utah State Retirement Board

Notice Information

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Notice Title

Administrative Board Meeting Minutes

Notice Tags

Retirement

Notice Type(s)

Meeting, Hearing

Event Start Date & Time

January 19, 2023 03:00 PM

Description/Agenda

MINUTES OF THE UTAH STATE RETIREMENT BOARD ADMINISTRATIVE BOARD MEETING January 19, 2023, 3:00 p.m. 540 East 200 South, Salt Lake City, Utah Hybrid Meeting Board Members Attending In-Person: Mr. Richard Ellis, Board President Mr. Ryan Hessenthaler, Board Member Mr. Marlo Oaks, Board Member Mr. Karl Wilson, Board Vice President Board Members Attending Virtually: Ms. Christie Behunin, Board Member Mr. Roger Donohoe, Board Member Mr. Larry Evans, Board Member Excused: Staff Attending In-Person: Mr. Dan Andersen, Executive Director Mr. Mark Cain, Deputy Executive Director Mr. Kevin Catlett, Chief Investment Counsel Mr. Rob Dolphin, Chief Financial Officer Mr. Rich Eggett, Sr. Portfolio Manager Mr. Dee Larsen, General Counsel Mr. Chet Loftis, PEHP Director Mr. John Skjervem, Chief Investment Officer Staff Attending Virtually: Ms. LuAnn Miskin, Executive Assistant Call to Order President Richard Ellis called the meeting to order at 3:01 p.m. and welcomed Board members and staff. Approval of Minutes ACTION: Mr. Karl Wilson moved, seconded by Mr. Marlo Oaks, to approve the minutes of the December 15, 2022, Administrative Board Meeting. The motion passed unanimously, 6-0. Ms. Christie Behunin was absent for this vote. ACTION: Mr. Larry Evans moved, seconded by Mr. Roger Donohoe, to approve the minutes of the December 15, 2022, Investment Board Meeting. The motion passed unanimously, 6-0. Ms. Christie Behunin was absent for this vote. Salt Lake City PEHP Refund Request Mr. Chet Loftis reviewed the refund request from Salt Lake City for $27,815.27 from their risk pool to pay for taxes on wellness incentives earned by city employees. ACTION: Mr. Ryan Hessenthaler moved, seconded by Mr. Marlo Oaks, to approve the Salt Lake City refund request from their risk pool for $27,815.27 to pay for taxes on wellness incentives earned by city employees. The motion passed unanimously, 6-0. Ms. Christie Behunin was absent for this vote. Legislative Overview Mr. Dee Larsen gave an overview of the 2023 legislative session, which began on January 17. A list of '2023 General Session: Summary of Selected URS-Related Bills' was reviewed and discussed (provided in the Board Meeting materials). Adjournment Mr. Ryan Hessenthaler moved, seconded by Mr. Karl Wilson, to adjourn the meeting. The motion passed unanimously, 7-0. The meeting adjourned at 3:26 p.m. ________________________________________ Richard K. Ellis, President ________________________________________ Daniel D. Andersen, Executive Director

Notice of Special Accommodations (ADA)

In compliance with the Americans with Disabilities Act, persons needing auxiliary communicative aids and services for this meetings should call LuAnn Miskin at 801-366-7302 or use Relay Utah (toll-free in-state 7-1-1 or Spanish-language 888-346-3162), giving her at least 48 hours notice or the best notice practicable.

Notice of Electronic or Telephone Participation

NA

Meeting Information

Meeting Location

540 E 200 S
Salt Lake City, UT 84102
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Contact Name

Stacie Petersen

Contact Email

stacie.petersen@urs.org

Notice Posting Details

Notice Posted On

February 10, 2023 10:57 AM

Notice Last Edited On

February 10, 2023 10:57 AM

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