At this meeting, a quorum was present, and the Board took the following actions:

• Authorized the Comptroller of the City of New York to invest certain portions of the Contingent Reserve Fund, the Pension Reserve Fund, the Annuity Savings Fund, and the Annuity Reserve Fund for a three-month period, terminating on March 31, 2014.
• Authorized the Comptroller of the City of New York to invest the net contributions derived from the Fixed portion of the Tax-Deferred Annuity Program for a three-month period terminating on March 31, 2014.
• Authorized a change in the form of the Socially Responsive Equity Fund (Variable E Annuity Program) to a separate account format and the retention of Neuberger Berman as an investment manager for the fund.
• Authorized starting initial phase of the Modernization project which includes a detailed gap analysis and entering into contract negotiations with Sagitec Company to provide for modernized services and technology.
• Adopted certain revisions to the Investment Policy Statement for the variable-return Passport Funds, including a provision to prohibit investments in companies that receive more than 20% of their total revenues from the manufacture of civilian firearms or ammunition and to divest from all such investments within the funds.

At this meeting, a quorum was present, and no resolutions requiring Board action were introduced.

At this meeting, a quorum was present, and the Board took the following action:

• Authorized the appointment of Patricia M. Reilly to the position of Executive Director of the Teachers' Retirement System of the City of New York, effective November 1, 2013. Ms. Reilly was previously TRS' Deputy Executive Director.

At this meeting, a quorum was present, and the Board took the following action:

• Authorized the Comptroller of the City of New York to invest certain portions of the Contingent Reserve Fund, the Pension Reserve Fund, the Annuity Savings Fund, and the Annuity Reserve Fund for a three-month period, terminating on December 31, 2013.
• Authorized the Comptroller of the City of New York to invest the net contributions derived from the Fixed portion of the Tax-Deferred Annuity Program for a three-month period terminating on December 31, 2013.

At this meeting, a quorum was present, and the Board took the following actions:

• Authorized the Comptroller of the City of New York to invest certain portions of the Contingent Reserve Fund, the Pension Reserve Fund, the Annuity Savings Fund, and the Annuity Reserve Fund for a three-month period, terminating on September 30, 2013.
• Authorized the Comptroller of the City of New York to invest the net contributions derived from the Fixed portion of the Tax-Deferred Annuity Program for a three-month period, terminating on September 30, 2013.
• Approved the Actuary's recommendation for Fiscal Year 2013 Employer Contribution to the Excess Benefit Fund in the amount of $139,401.
• Adopted the Actuary's recommendation for the Tiers III/IV loan insurance premium rate to be continued at 0.20% of the outstanding loan balances for any loan originating during Fiscal Year 2014.
• Agreed to renew agreements with the following Investment Managers for the Diversified Equity Fund for a three-year term, expiring on June 30, 2016:
  • Advent Capital
  • Analytic Investors
  • Blackrock
  • NISA
  • Walter Scott
  • Wasatch
• Agreed to renew its directed brokerage agreements with Muriel Siebert & Co., BNY/Convergex, and Abel Noser Corp. for the variable-return Passport Funds for a one-year period, expiring on June 30, 2014.
• Announced the re-election of Ms. Sandra March to the Teachers' Retirement Board for a three-year term of office.
• Agreed to amend the Qualified Pension Plan to comply with provisions of the Heroes Earnings Assistance and Relief Tax Act of 2008 (Heart Act).
• Reappointed Dr. Alan David to a three-year term on the Medical Board, which expires on July 31, 2016.

At this meeting, a quorum was present, and the Board took the following actions:

• Adopted the Actuary's recommendation for a final Fiscal Year 2013 Employer Contribution to the System in the amount of $2,855,639,947.
• Approved the Actuary's recommendation for preliminary Fiscal Year 2014 employer contributions to the Teachers' Retirement System of the City of New York in the amount of $2,998,693,727.

At this meeting, a quorum was present, and the Board took the following action:

• Authorized the adoption of the proposed Agency budget in the amount of $55,649,255 for Fiscal Year 2014.

At this meeting, a quorum was present, and the Board took the following actions:

• Authorized the Comptroller of the City of New York to invest certain portions of the Contingent Reserve Fund, the Pension Reserve Fund, the Annuity Savings Fund, and the Annuity Reserve Fund for a three-month period, terminating on June 30, 2013.
• Authorized the Comptroller of the City of New York to invest the net contributions derived from the Fixed portion of the Tax-Deferred Annuity Program for a three-month period terminating on June 30, 2013.
• Authorized the Actuary to utilize the June 30, 2012 New York City Retirement Systems pension census data to determine the postemployment benefit obligations for the City of New York and certain component units of the City for Fiscal Year 2013.
• Adopted proposed changes to the Securities Litigation Protocol and omitted the requirement that evaluation counsel be precluded from serving as litigation counsel in the same matter.

At this meeting, a quorum was present, and the Board took the following actions:

• Approved the Actuary's recommendation that the Fiscal Year 2013 Employer Contribution to TRS be revised from $2,673,078,096 to $2,853,909,197.
• Announced that TRS has divested from gun manufacturers (i.e., companies that receive material revenue from the manufacture of civilian firearms and ammunition), following resolutions passed in executive session on February 7.

At this meeting, a quorum was present, and no major actions were taken.