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Ms. Grace Hutchinson, Chairman, called the meeting to order.
Motion was made to approve the minutes of November 19, 2007 by Mike Lewis. Seconded by Minnie McCray. Motion carried.
Deferred Compensation - Nationwide
Mr. David Pontius presented Nationwide's recommended changes to the fund options. Nationwide recommended that we terminate three (3) existing mutual funds - JP Morgan International Equity Fund based on performance; Templeton Foreign Fund based on performance and manager change; and Dreyfus Premier Small Cap Value Fund based on performance and capacity. The choices to replace the funds recommended for termination respectively are American Funds EuroPacific Growth Fund; Alliance Berstein International Fund; and Allianz NFJ Small Cap Value Fund.
Nationwide also recommended adding nine (9) Nationwide Target Destination Funds to the investment menu. The Target Maturity Funds are designed for people who plan to retire during or near a specific year. Each fund is a "fund of funds" that invests in affiliated and unaffiliated mutual funds including exchange traded funds and short term investments representing a variety of asset changes.
Motion was made by Eleanor Riss to accept the recommended changes to Deferred Compensation Plan with October 3, 2008 as the transition date. Seconded by Debbie Stamsom. Motion carried.
Alternative Work Schedule Proposal
Mr. Mike
Lewis presented the Alternative Work Schedule Policy which attempts
to ensure that if County departments, administrators and agencies
choose alternative non-traditional work schedules (other than
Monday through Friday), in compliance with applicable federal,
state and local laws, rules and regulations (see attached
draft).
Mr. Lewis motioned to adopt the Alternative Work Schedule Policy and present it before the County Commission on June 2, 2008. Seconded by Paula Sims.
Interview of Candidates for two (2) Retiree Position on the UPPC
Ms. Waverly explained that notices were sent to all retirees and 11 retirees responded. A questionnaire was sent to the 11 respondents and 8 responded. The candidates present for consideration today are:
• Nina Elizabeth "Betty" Loveless - Retired May 2007 from Juvenile Court after 43½ years of service
• James Bostic - Retired June 1991 from the Public Defenders office after 17 years of service
• James Dilling - Retired from the Correction Center in May 1999 after 13 years of service and is also a member of SCORE
Ms. McCray moved to nominate Betty Loveless for the two-year term ending October 2010 and James Bostic for the one-year term ending October 2009. Both positions will begin upon adoption at the next County Commission meeting. By acclamation of the UPPC, Ms. Loveless and Mr. Bostic are recommended to the County Commission for the aforementioned terms to the UPPC.
Other Business
It was suggested by Ms. Hutchinson the minutes of the UPPC meetings are emailed to all members and then placed on the intranet prior to the next scheduled meeting.
Ms. Hutchinson proposed to establish regular quarterly meetings for the 1st Wednesday in the months of January, April, July and October. The UPPC will still be able to call meetings as issues come before the committee.
Motion was made to adjourn by Minnie McCray. Seconded by Eleanor Riss. Meeting adjourned.
Respectfully submitted,
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Shasta L. Sharp, Committee Recorder
June 9, 2008 | 
