Oklahoma City Post-Employment Benefits Trust - 8-12-2026

The Oklahoma City Post-Employment Benefits Trust held a meeting on August 12, 2026, focusing primarily on investment performance and contract renewals related to the management of the trust's assets. The trust received a detailed presentation from ACG on quarterly and monthly investment reports, highlighting strong portfolio returns driven by AI-related sectors and a well-diversified asset allocation strategy. The trustees approved the receipt of these investment reports. Additionally, the trust approved the fifth renewal of an actuarial services agreement with Niheart at an estimated cost of $21,000 and the second renewal of an investment consulting agreement with ACG for $45,000. A joint resolution was passed to authorize shared fiduciary liability insurance coverage among the trust and related city retirement boards. The meeting also included a resolution honoring Brent Bryant for his distinguished service as chair of the trust. No new procurement solicitations or capital projects were discussed.