PERAC Memo #16 - 2013: Data Verification for PERAC’s 2012 Annual Report
Data Verification for PERAC’s 2012 Annual Report
View original on mass.gov →Summary
PERAC Memo #16/2013 requests that all retirement boards assist in compiling data for PERAC's 2012 Annual Report by reviewing and verifying two enclosed documents: a board data sheet (contact/meeting information current as of today, but board member/administrator names as of December 31, 2012) and a list of investment managers, custodian, and consultant retained as of December 31, 2012.
Boards must annotate any corrections (including manager name changes, fund liquidations, or terminations with supporting documentation/dates), or mark the documents "correct" if no changes are needed, and return them to Rose Cipriani by May 3, 2013.
Full Text
PERAC MEMO #16/2013
M E M O R A N D U M
TO: All Retirement Boards
FROM: Joseph I. Martin, Deputy Executive Director
RE: Data Verification for PERAC’s 2012 Annual Report
DATE: April 23, 2013
We are in the process of compiling information necessary for PERAC’s 2012 Annual Report.
Please review the attached retirement board data sheet and the managers, custodian and
consultant list.
Please annotate the data sheet and list of managers, custodian and consultant with whatever
changes need to be made and fax or mail them
to Rose Cipriani at PERAC no later than May 3,
2013.
Please note that if no changes need to be made to the data sheet and/or list of managers,
custodian and consultant, please mark them as “correct” and return them to Ms. Cipriani no later
than May 3, 2013.
1.) Retirement Board Information
Please verify the attached printout of information about your retirement board. Your board
address, telephone and fax numbers, and board meeting information should be as of the current
date. However, the names of board members and the board administrator should be as of
December 31, 201
2.
2.) Managers, Custodian and Consultant
Please assist by verifying that the attached list of manager(s), custodian and consultant (if any)
were retained by your retirement board in accordance with statute and regulation as of December
31, 2012. Please note that PERAC considers each pooled fund (e.g. mutual funds, commingled
funds, group trusts, real estate funds, limited partnership funds, and venture capital funds) as an
investment manager for the retirement system.
Any discrepancies between our records and the board’s records, including any differences in the
names of investment management firms or differences in the names of pooled fund products, or
if a fund has been liquidated, or if a manager has been terminated, should be noted on the
w
M E M O R A N D U M - Page Two TO: All Retirement Boards FROM: Joseph I. Martin, Deputy Executive Director RE: Data Verification for PERAC’s 2012Annual Report DATE: April 23, 2013
attached list.
For name changes, please provide corresponding additional information such as
press releases, notification from the manager, etc.
Where relevant, please provide the
corresponding liquidation or termination dates.
Thank you in advance for your cooperation in this matter. If you have any questions, please feel free to contact Rose Cipriani at 617-666-4446 extension 931.
Enclosures