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, 2018.
• 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, 2018.

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

• Approved the amendment to section 5a of the Board of Education Retirement System Rules and Regulations to permit an employee-member’s elected alternate to act as a member of the Retirement Board in the absence of such employee-member.

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

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 December 31, 2017.
• 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, 2017.

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, 2017.
• 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, 2017.
• Adopted the Actuary's recommendation for the Tiers III, IV, and VI loan insurance premium rate to be continued at 0.20% of the outstanding loan balances for any loan originating during Fiscal Year 2018.

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

• Authorized the Teachers' Retirement System of the City of New York to execute the internal rebalancing of approximately $15.6 million in assets from the Passport Funds to the Qualified Pension Plan.
• Accepted the recommendation of TRS staff that the administrative expense charge for assets in the Variable Annuity Funds shall continue at eighteen basis points through Fiscal Year 2018; and that any excess expense fee revenue that may exist at the end of Fiscal Year 2017 shall be rolled into the Variable Fund unit values, on a pro rata basis.
• Authorized the adoption of the proposed Agency budget (excluding Modernization) in the amount of $63,683,771 and the Modernization Program budget in the amount of $38,525,000 for Fiscal Year 2018.

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

• Approved the Actuary's recommendation for a final Fiscal Year 2017 employer contribution to the Teachers' Retirement System of the City of New York in the amount of $3,888,399,470.

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, 2017.
• 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, 2017.
• Approved the Actuary's recommendation for a preliminary Fiscal Year 2018 employer contributions to the Teachers' Retirement System of the City of New York in the amount of $3,850,783,556.
• Approved the Actuary's Fiscal Year 2016 reimbursement calculation resulting from Chapter 41 of the Laws of 2016 in the amount of $365,661.

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

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

• Authorized the Actuary to utilize the June 30, 2016 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.