Monthly Board Report

Three trustee positions up for election this spring

OP&F members will elect an active police representative, an active fire representative and a retired fire representative to the Board of Trustees during elections this spring. Currently, Robert Britt (Toledo Police), Stephen Corvi (Columbus Fire) and Marco Miller (Columbus Fire, retired) hold these positions. Each is eligible for re-election.

A notice of election will be mailed to police and fire departments and to retired fire members by Feb. 6. Election materials, including nominating petitions, certificates of eligibility and election rules will also be posted to the OP&F website on Feb. 6.

Eligible members who intend to run for a position on the Board of Trustees must submit all required forms and information to OP&F no later than 4 p.m. on April 3. Ballots will be mailed in early May and the election results announced by May 31. The new term for the trustees will begin June 5.

Members are encouraged to update address information with OP&F so that they receive election information and can cast their ballot.

PORTFOLIO UPDATE

  • As of 1/27: $17.5 billion
  • End of December: $16.9 billion
  • End of November: $17.2 billion
  • Board of Trustees Committee Notes

    (Motions voted on by the Board are listed separately)

    DISABILITY: The Committee conducted its scheduled initial determination and appeal hearings and also reviewed the Annual Mandatory Disability Experience Report by Employer.

    PERSONNEL: The Committee discussed staffing data, succession planning and the resources for the ongoing pension system replacement project. The Board reviewed the 2023 committee schedule. An executive session was not required.

    FULL BOARD: The Board reviewed the 2023 trustee election materials for approval.

    INVESTMENT: In addition to a review and discussion of the investment portfolio, the Board heard presentations by its investment consultant on the 3rd quarter performance of its real estate and real assets portfolios.

    Motions:

    At its January 2023 meeting, the OP&F Board of Trustees approved the following motions:

  • The Board approved Wilshire’s recommended amendments to the Implementation Plan and Benchmarking Transition. Motion passed by unanimous vote. (Investment Committee).
  • The Board approved staff and Wilshire’s recommended amendments to the Investment Manager Guidelines for the Western U.S. Enhanced Cash Strategy. Motion passed by unanimous vote. (Investment Committee).
  • The Board approved Townsend’s recommendation for the 2023 Real Estate Investment Plan. Motion passed by unanimous vote. (Investment Committee).
  • The Board approved Townsend’s recommendation for the 2023 Real Asset Investment Plan. Motion passed by unanimous vote. (Investment Committee).
  • The Board approved the following from the Disability Committee. Motions passed by unanimous vote:
    • Approved four Death Benefit Fund cases.
    • Approved 10 Initial Determination of Disability. One Initial Determination was postponed.
    • Approved that the one Reconsideration hearing heard remain the same.
    • Approved four Appeal hearings, one file review and one appeal remain the same.
    • Approved the Disability Reporting Waivers list.

    NEXT BOARD OF TRUSTEES MEETINGS: Feb. 28-March 1, 2023

    Previous Reports

    Monthly Report for January 2023
    - Posted February 01, 2023
    Monthly Report for December 2022
    - Posted December 29, 2022
    Monthly Report for October 2022
    - Posted November 04, 2022
    Monthly Report for September 2022
    - Posted October 07, 2022
    Monthly Report for August 2022
    - Posted September 09, 2022
    Monthly Report for June 2022
    - Posted July 06, 2022
    Monthly Report for May 2022
    - Posted June 02, 2022
    Monthly Report for April 2022
    - Posted May 05, 2022
    Monthly Report for March 2022
    - Posted April 19, 2022
    Monthly Report for February 2022
    - Posted March 15, 2022
    Monthly Report for January 2022
    - Posted February 02, 2022
    Monthly Report for December 2021
    - Posted December 08, 2021
    Monthly Report for October 2021
    - Posted November 02, 2021
    Monthly Report for September 2021
    - Posted October 07, 2021
    Monthly Report for August 2021
    - Posted September 01, 2021
    Monthly Report for June 2021
    - Posted July 12, 2021
    Monthly Report for May 2021
    - Posted June 02, 2021
    Monthly Report for April 2021
    - Posted May 24, 2021
    Monthly Report for March 2021
    - Posted April 08, 2021
    Monthly Report for February 2021
    - Posted March 04, 2021
    Monthly Report for January 2021
    - Posted February 04, 2021
    Monthly Report for December 2020
    - Posted December 09, 2020
    Monthy Report For October 2020
    - Posted October 28, 2020
    Monthy Report For September 2020
    - Posted October 08, 2020
    Monthly Report For August 2020
    - Posted September 02, 2020
    Monthly Report for June 2020
    - Posted June 29, 2020
    Monthly Report for February 2020
    - Posted March 06, 2020
    Monthly Report for January 2020
    - Posted February 12, 2020
    Monthly Report for December 2019
    - Posted December 23, 2019
    Monthly Report for October 2019
    - Posted October 30, 2019
    Monthly Report for September 2019
    - Posted October 04, 2019
    Monthly Report for August 2019
    - Posted September 27, 2019
    Monthly Report for June 2019
    - Posted July 17, 2019
    Monthly Report for May 2019
    - Posted June 07, 2019
    Monthly Report for April 2019
    - Posted May 08, 2019
    Monthly Report for March 2019
    - Posted March 28, 2019
    Monthly Report for February 2019
    - Posted March 08, 2019
    Monthly Report for January 2019
    - Posted February 01, 2019
    Monthly Report for December 2018
    - Posted December 27, 2018
    Monthly Report for November 2018
    - Posted November 21, 2018
    Monthly Report for October 2018
    - Posted November 01, 2018
    Monthly Report for September 2018
    - Posted October 03, 2018
    Monthly Report for August 2018
    - Posted August 29, 2018
    Monthly Report for June 2018
    - Posted June 27, 2018
    Monthly Report for May 2018
    - Posted May 31, 2018
    Monthly Report for April 2018
    - Posted May 02, 2018
    Monthly Report for March 2018
    - Posted April 04, 2018
    Monthly Report for February/March 2018
    - Posted March 07, 2018
    Monthly Report for January 2018
    - Posted January 30, 2018
    Monthly Report for December 2017
    - Posted December 19, 2017
    Monthly Report for November 2017
    - Posted November 29, 2017
    Monthly Report for October 2017
    - Posted November 01, 2017
    Monthly Report for September 2017
    - Posted October 03, 2017
    Monthly Report for August 2017
    - Posted September 14, 2017
    Monthly Report for June 2017
    - Posted July 11, 2017
    Monthly Report for May 2017
    - Posted May 23, 2017
    Monthly Report for March 2017
    - Posted April 07, 2017
    Monthly Report for February 2017
    - Posted March 08, 2017
    Monthly Report for January 2017
    - Posted February 01, 2017
    Monthly Report for December 2016
    - Posted December 20, 2016
    Monthly Report for November 2016
    - Posted November 21, 2016
    Monthly Report for October 2016
    - Posted October 28, 2016
    Monthly Report for September 2016
    - Posted October 05, 2016
    Monthly Report for August 2016
    - Posted September 07, 2016
    Monthly Report for June 2016
    - Posted July 06, 2016
    Monthly Report for May 2016
    - Posted May 25, 2016
    Monthly Report for April 2016
    - Posted May 04, 2016
    Monthly Report for March 2016
    - Posted April 08, 2016
    Monthly Report for February 2016
    - Posted March 02, 2016
    Monthly Report for January 2016
    - Posted January 27, 2016
    Monthly Report for December 2015
    - Posted December 22, 2015
    Monthly Report for November 2015
    - Posted November 22, 2015
    Monthly Report for October 2015
    - Posted October 27, 2015
    MONTHLY REPORT for September 2015
    - Posted October 06, 2015
    MONTHLY REPORT for August 2015
    - Posted September 01, 2015
    MONTHLY REPORT for June 2015
    - Posted June 30, 2015
    MONTHLY REPORT for May 2015
    - Posted May 28, 2015
    MONTHLY REPORT for January 2015
    - Posted February 04, 2015
    MONTHLY REPORT for April 2015
    - Posted May 07, 2015
    MONTHLY REPORT for March 2015
    - Posted April 01, 2015
    MONTHLY REPORT for February 2015
    - Posted March 03, 2015
    MONTHLY REPORT for November 2014
    - Posted November 25, 2014
    MONTHLY REPORT for October 2014
    - Posted November 05, 2014
    MONTHLY REPORT for September 2014
    - Posted September 23, 2014
    MONTHLY REPORT for August 2014
    - Posted September 02, 2014
    MONTHLY REPORT for June 2014
    - Posted July 02, 2014
    MONTHLY REPORT for May 2014
    - Posted May 28, 2014
    MONTHLY REPORT for April 2014
    - Posted May 09, 2014
    MONTHLY REPORT for March 2014
    - Posted April 04, 2014
    MONTHLY REPORT for February 2014
    - Posted March 05, 2014
    MONTHLY REPORT for December 2013
    - Posted December 30, 2013
    MONTHLY REPORT for November 2013
    - Posted December 02, 2013
    MONTHLY REPORT for September 2013
    - Posted October 02, 2013
    MONTHLY REPORT for August 2013
    - Posted September 04, 2013
    MONTHLY REPORT for April 2013
    - Posted May 01, 2013
    MONTHLY REPORT for May 2013
    - Posted June 10, 2013
    MONTHLY REPORT for March 2013
    - Posted April 03, 2013
    MONTHLY REPORT for February 2013
    - Posted March 07, 2013
    MONTHLY REPORT for January 2013
    - Posted February 06, 2013
    MONTHLY REPORT for December 2012
    - Posted December 18, 2012
    MONTHLY REPORT for November 2012
    - Posted November 21, 2012
    MONTHLY REPORT for October 2012
    - Posted November 05, 2012
    MONTHLY REPORT for September 2012
    - Posted October 05, 2012
    MONTHLY REPORT for July 2012
    - Posted August 01, 2012
    MONTHLY REPORT for June 2012
    - Posted July 03, 2012
    MONTHLY REPORT for May 2012
    - Posted June 06, 2012
    MONTHLY REPORT for April 2012
    - Posted May 01, 2012
    MONTHLY REPORT for March 2012
    - Posted April 04, 2012
    MONTHLY REPORT for February 2012
    - Posted February 29, 2012
    MONTHLY REPORT for January 2012
    - Posted February 01, 2012
    MONTHLY REPORT for December 2011
    - Posted December 20, 2011
    MONTHLY REPORT for September 2011
    - Posted December 15, 2011
    MONTHLY REPORT forOctober 2011
    - Posted December 16, 2011
    MONTHLY REPORT for November 2011
    - Posted December 19, 2011
    MONTHLY REPORT for July 2011
    - Posted July 01, 2011
    MONTHLY REPORT for June 2011
    - Posted June 01, 2011
    MONTHLY REPORT for May 2011
    - Posted May 01, 2011
    MONTHLY REPORT for April 2011
    - Posted April 01, 2011
    MONTHLY REPORT for March 2011
    - Posted March 01, 2011
    MONTHLY REPORT for February 2011
    - Posted February 01, 2011
    MONTHLY REPORT for January 2011
    - Posted January 01, 2011



    Board of Trustee Elections

    In 2020, OP&F will hold elections for three positions on the Board of Trustees; a retired police representative, an active police representative and an active fire representative.

    Board and Committee Meetings

    OP&F encourages you to come to our monthly board meetings. Board agendas and minutes can be viewed by clicking the link below.

    Board Members and Committee Assignments

    Please click the links below to view Committee Assignments and Board Members.