About

The Howard County Retirement Plan and the Howard County Police and Fire Employees' Retirement Plan are administered by committees made up of designated employees as outlined in the County Code. The committees hold joint meetings throughout the year. Below is a list of the scheduled meetings for the current calendar year.

Meeting Dates Calendar Year 2021

December  2, 2021

  • Agenda
  • Minutes

November 19, 2021(Special Meeting)

October 28, 2021

September 23, 2021

 July 22, 2021

June 24, 2021

May 27, 2021

April 29, 2021

March 25, 2021

February 25, 2021

January 28, 2021

January 19, 2021

 

 

Minutes will be posted following Committee approval at the next meeting. The agenda will be available 5 business days prior to the meeting.

Public documents from the meetings are posted below.

Meeting Materials
Title
2021
Content

October 28, 2021 Meeting 

Unaudited Statement of Revenues and Expenses Howard County Retirement Plan

Unaudited Statement of Revenues and Expenses Howard County Police and Fire Employees Retirement Plan

Fiscal Year 2022 Budget

NEPC Presentation

  • September Market Update
  • September Preliminary Performance
  • Private Equity Recommendation 

September 23, 2021 Meeting

NEPC Presentation

  • Q2 2021 Market Environment 
  • Q2 2021 Total Fund Performance
  • Q1 2021 Private Markets Report 
  • August Preliminary Flash Report

William Blair Presentation  

July 22, 2021 Meeting

Governance Training 

June 24, 2021 Meeting

NEPC Presentation

  • Q1 2021 Market Environment 
  • Q1 2021 Total Fund Performance
  • Q4 2020 Private Markets Report 
  • May Flash Report 

High Yield Manager Recommendation

Artisan Presentation

NEPC Howard County Rebalancing Exhibit

 

May 27, 2021 Meeting

Unaudited Statement of Revenues and Expenses Howard County Retirement Plan

Unaudited Statement of Revenues and Expenses Howard County Police and Fire Employees’ Retirement Plan

NEPC Presentation

  • April's Flash Report 
  • Unfavorable News Committee
  • Private Equity Pacing and Recommendation

 

April 29, 2021 Meeting

NEPC Presentation

  • March Flash Report 
  • Correlation & Stochastic Analysis
  • High Yield Search Book

Proposed Investment Policy Statement Changes

Fiduciary Training

 

March 25, 2021 Meeting

Retiree Cost of Living (COLA) Memo

NEPC Presentation 

  • Real Asset Portfolio Review 
  • February Flash Report

 

February 25, 2021 Meeting

 

January 28, 2021 Meeting

Title
2020
Content

December 3, 2020 Meeting

  • Clifton Larsen Allen Audit Presentation
  • Clifton Larsen Allen Howard County Retirement Plan Audit Letter
  • Clifton Larsen Allen Howard County Retirement Plan Findings
  • Howard County Retirement Plan Fiscal Year 2020 Audit
  • Clifton Larsen Allen Howard County Police and Fire Employees' Retirement Plan Audit Letter
  • Clifton Larsen Allen Howard County Police and Fire Employees' Retirement Plan Findings
  • Howard County Police and Fire Employees' Retirement Plan Fiscal Year 2020 Audit
  • NEPC Presentation

 

October 29, 2020 Meeting

  • Unaudited Statement of Revenues and Expenses Howard County Retirement Plan
  • Unaudited Statement of Revenues and Expenses Howard County Police and Fire Employees Retirement Plan
  • Fiscal Year 2021 Budget
  • NEPC Presentation

 

September 24, 2020 Meeting

  • NEPC Presentation

 

July 30, 2020 Meeting

 

June 25, 2020 Meeting

  • NEPC Presentation

 

May 28, 2020 Meeting

  • Unaudited Statement of Revenues and Expenses Howard County Retirement Plan
  • Unaudited Statement of Revenues and Expenses Howard County Police and Fire Employees Retirement Plan
  • NEPC Presentation

 

April 30, 2020 Meeting

  • NEPC Presentation
  • 2020 Retiree COLA Memo
  • CARES Act Memo

 

February 27, 2020 Meeting

  • Unaudited Statement of Revenues and Expenses Howard County Retirement Plan
  • Unaudited Statement of Revenues and Expenses Howard County Police and Fire Employees' Retirement Plan
  • NEPC Presentation

 

January 23, 2020 Meeting

Title
2019
Content

December 5, 2019 Meeting

  • Clifton Larson Allen Audit Presentation
  • Clifton Larson Allen Howard County Retirement Plan Audit Letter
  • Clifton Larson Allen Howard County Retirement Plan Audit Findings
  • Howard County Retirement Plan Fiscal Year 2019 Audit
  • Clifton Larson Allen Howard County Police and Fire Employees' Retirement Plan Audit Letter
  • Clifton Larson Allen Howard County Police and Fire Employees' Retirement Plan Audit Findings
  • Howard County Police and Fire Employees' Retirement Plan Fiscal Year 2019 Audit
  • NEPC Presentation

 

October 24, 2019 Meeting

  • Unaudited Statement of Revenues and Expenses Howard County Retirement Plan 
  • Unaudited Statement of Revenues and Expenses Howard County Police and Fire Employees' Retirement Plan
  • Retirement Plan Fiscal Year Ending 2020 Budget
  • NEPC September Flash Report
  • NEPC Presentation
  • Colchester Global Investors Presentation

 

September 26, 2019 Meeting

  • NEPC Presentation

 

July 25, 2019 Meeting

  • NEPC Presentation: Passive Provider Overview and June Performance

 

June 27, 2019 Meeting

  • NEPC Presentation: Manager Fee Review, Hedge Fund Review and May Performance
  • NEPC Absolute Return Fixed Income Manager Search
  • Howard County Retirement Plan: Summary of updates to disability procedures

 

May 31, 2019 Meeting

  • NEPC Investment Performance Review March 31, 2019
  • Flash Report April 2019
  • Baillie Gifford Active Management Presentation
  • Baillie Gifford EAFE Fund Presentation
  • Unaudited Statement of Revenues and Expenses Howard County Retirement Plan
  • Unaudited Statement of Revenues and Expenses Howard County Police and Fire Employees' Retirement Plan

 

April 25, 2019 Meeting

  • 2019 Asset Allocation Review NEPC
  • Flash Report March 2019
  • Howard County Investment Policy Statement Redline Draft

 

March 28, 2019 Meeting

  • Retiree COLA Memo 2019
  • Dodge and Cox Presentation
  • Pimco Presentation
  • NEPC Presentation

 

February 28, 2019 Meeting

  • Invesco Presentation
  • AndCo Investment Performance Review December 31, 2018
  • Unaudited Statement of Revenues and Expenses Howard County Retirement Plan
  • Unaudited Statement of Revenues and Expenses Howard County Police and Fire Employees' Retirement Plan

 

January 31, 2019 Meeting

  • Howard County Retirement Plan July 1, 2018 Actuarial Valuation Results
  • Howard County Police & Fire Retirement July 1, 2018 Actuarial Valuation Results
  • Howard County Retirement Plan Disability Procedures Update
  • Investment Monitoring Policy
Title
2018
Content

November 30, 2018 Meeting

  • Howard County Retirement Plan FY18 Plan Audit
  • Howard County Police & Fire Retirement Plan FY18 Plan Audit
  • AndCo Investment Performance Review September 30, 2018
  • Liquidity Review
  • Risk Analysis Report

 

October 25, 2018 Meeting

 

September 20, 2018 Meeting

  • AndCo Presentation
  • Bolton 2018 Experience Study for the Howard County Retirement Plan
  • Bolton 2018 Experience Study for the Howard County Police and Fire Employees' Retirement Plan.
  • Summit Strategies Investment Performance Review June 30, 2018
  • Summit Strategies Economic & Capital Market Review June 30, 2018

 

July 25, 2018 Meeting

  • Summit Strategies Private Equity Update July 2018

 

June 28, 2018 Meeting

  • CB 57-2018 Prefile

 

May 31, 2018 Meeting

  • Summit Strategies Investment Performance Review March 31, 2018
  • Summit Strategies Economic & Capital Market Review March 31, 2018
  • Summit Strategies Emerging Market and Real Assets Search
  • Unaudited Statement of Revenues and Expenses Howard County Retirement Plan
  • Unaudited Statement of Revenues and Expenses Howard County Police & Fire Employees' Retirement Plan

 

April 26, 2018 Meeting

  • Emerging Market Education
  • Retiree COLA memo
  • Fiduciary Training

 

March 29, 2018 Meeting

  • Dimensional Fund Advisors Presentation
  • Mondrian Presentation
  • Robbins Geller Rudman & Dowd Presentation
  • Retiree COLA Analysis (continued)

 

February 22, 2018 Meeting

  • Unaudited Statement of Revenues and Expenses Howard County Retirement Plan
  • Unaudited Statement of Revenues and Expenses Howard County Police and Fire Employees’ Retirement Plan
  • ICM Presentation
  • Colchester Presentation
  • Summit Strategies Investment Performance Review December 31, 2017 
  • Summit Strategies Economic & Capital Market Review December 31, 2017
  • Retiree COLA analysis/Change in CPI table
  • Disability Review Board Procedures Update (HCRP)
  • House Bill 971 and Related News Article
  • Previously Closed Meeting Minutes

 

January 25, 2018 Meeting

  • Howard County Retirement Plan Actuarial Valuation as of July 1, 2017 (complete report)
  • Howard County Retirement Plan Valuation Results Summary
  • Howard County Police/Fire Retirement Plan Actuarial Valuation as of July 1, 207 (complete report)
  • Howard County Police/Fire Retirement Plan Valuation Results Summary
Title
2017
Content

December 1, 2017 Meeting

  • Summit Strategies Investment Performance Review September 30, 2017
  • Summit Strategies Economic & Capital Market Review September 30, 2017
  • Annual Liquidity Review 2017
  • State Street Global Advisors Presentation
  • Whiteford, Taylor & Preston International Growth Equity Manager Review Memo
  • Whiteford, Taylor and Preston UBIT Memo

 

October 26, 2017 Meeting

  • William Blair Presentation
  • Brown Capital Management Presentation
  • Unaudited Statement of Revenues and Expenses
  • Updated QDRO Procedures for the Howard County Police and Fire Employees' Retirement Plan

 

September 28, 2017 Meeting

  • Fidelity Investments Presentation
  • Summit Strategies Investment Performance Review June 30, 2017
  • Summit Strategies Private Equity Update
  • Summit Strategies Risk Analysis
  • Summit Strategies Monthly Flash Report July 31, 2017

 

July 21, 2017 Meeting

  • Pension Oversight Commission Annual Report
  • Summit Strategies Due Diligence Process
  • Summit Strategies Due Diligence Process II
  • Summit Strategies Emerging Markets Debt Manager Search April 2015 (Due Diligence Example)
  • Summit Strategies June Flash Report
Tags
Boards & Commissions

Stay Connected!

Sign up for the County Executive's weekly newsletter and stay up to date on everything Howard County.
 

Zip Code