*Immediately following the Administration and Finance Issues Committee meeting

The OCWD Retirement Committee meeting is noticed as a joint meeting with the Board of Directors for the purpose of strict compliance with the Brown Act. Items recommended for approval (if any) at this meeting will be placed on the Agenda for approval at the February 20 Board meeting if required.

ROLL CALL

VISITOR PARTICIPATION
Members of the audience wishing to address the Committee/Board on items of interest to the public are requested to identify themselves. If the matter on which they wish to comment is an Agenda item, the visitor will be called on when that matter comes up for consideration.

ITEMS RECEIVED TOO LATE TO BE AGENDIZED

RECOMMENDATION: Determine need to take immediate action on item(s) and that the need for action came to the attention of the Committee subsequent to the posting of the Agenda (requires a two-thirds vote of the Committee, or, if less than two-thirds present, a unanimous vote)

CONSENT CALENDAR (ITEMS NO. 1)

1. MINUTES OF PREVIOUS MEETINGS

RECOMMENDATION: Approve Minutes of December 13, 2007 Retirement Committee meeting

MATTERS FOR CONSIDERATION

2. DEFERRED COMPENSATION PLAN DOCUMENTS FOR LINCOLN FINANCIAL GROUP

RECOMMENDATION: Agendize for February 20 Board meeting: Approve the adoption of Lincoln Financial Group Deferred Compensation Plan documents

3. RETIREMENT PLAN CONSULTANTS FOR ADVISORY SERVICES FOR THE MONEY PURCHASE PLAN

RECOMMENDATION: Agendize for February 20 Board meeting: Authorize staff to proceed with setting up interview with selected firms

INFORMATIONAL

4. UNION BANK OF CALIFORNIA - PRUDENTIAL RETIREMENT PLAN FEES

RECOMMENDATION: Agendize for February 20 Board meeting: Provide comments and direction to staff

DIRECTORS’ COMMENTS

EMPLOYEE ADVISORY GROUP COMMENTS

GENERAL MANAGERS’ COMMENTS

ADJOURNMENT

Accommodations for the Disabled.  Any person may make a request for a disability-related modification or accommodation needed for that person to be able to participate in the public meeting by telephoning Janice Durant, OCWD District Secretary at 714/378-3233, or Maribeth Goldsby, MWDOC Board Secretary, at (714) 963-3058, or writing to Orange County Water District at P.O. Box 8300, Fountain Valley, CA, 92728, or Municipal Water District of Orange County at P.O. Box 20895, Fountain Valley, CA 92728. Requests must specify the nature of the disability and the type of accommodation requested. A telephone number or other contact information should be included so that District staff may discuss appropriate arrangements. Persons requesting a disability-related accommodation should make the request with adequate time before the meeting for the District to provide the requested accommodation.

In accordance with the requirements of California Government Code Section 54954.2, this agenda has been posted in the main lobby of the Orange County Water District, 10500 Ellis Avenue, Fountain Valley, CA not less than 72 hours prior to the meeting date and time above. All written materials relating to each agenda item are available for public inspection in the office of the Board Secretaries. Backup material for the Agenda is available at the District offices for public review and can be viewed online at the District's website: www.ocwd.com

Pursuant to the Americans with Disabilities Act, persons with a disability who require a disability-related modification or accommodation in order to participate in a meeting, including auxiliary aids or services, may request such modification or accommodation from the District Secretary at (714) 378-3233, by email at jdurant@ocwd.com by fax at (714) 378-3373. Notification 24 hours prior to the meeting will enable District staff to make reasonable arrangements to assure accessibility to the meeting.

Notification 24 hours prior to the meeting will enable the District to make reasonable arrangements to assure accessibility to the meeting.

RETIREMENT COMMITTEE MEMBERS