Oklahoma City Employee Retirement System approves routine items, renews legal-services amendment and elects 2025 leadership
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Summary
At its Dec. 12, 2024 meeting the board approved routine consent items (minutes, claims, retirements), authorized a $35,000-per-year amendment for Graham & Stubbs LLP, and elected Paul Bronson as chair and Brent Bryant as vice chair for 2025.
The Oklahoma City Employee Retirement System board met Dec. 12, 2024, and approved a series of routine consent and administrative items, ratified an amendment for outside legal services and elected leadership for 2025.
Early on the agenda the board approved the minutes from Nov. 14, 2024, the consent docket, ratification of approvals, the claims docket and multiple service-retirement applications. The board also approved two separate reports of death: one authorizing payment of the $5,000 death benefit and continuation of a pension to a surviving spouse, and another authorizing payment and administrative changes to conform records.
Under Item 10, trustees approved the board’s 2025 regular meeting schedule. Item 10b presented "Amendment No. 6 with Graham & Stubbs LLP for professional legal services 01/01/2025 through 12/31/2025 estimated cost 35,000 per year." The board moved, seconded and approved the amendment.
The board then received the investment consultant’s monthly report and, after discussion, voted to receive the report. For leadership, the board elected Paul Bronson to continue as chair for the Jan. 1–Dec. 31, 2025 term. The board also elected Brent Bryant as vice chair for the same term.
A motion or second was recorded for each agenda item and the minutes state each item was approved; the transcript records that votes were recorded but does not provide roll-call tallies.