RETIREMENT BOARD MEETING 1. Opening of Meeting.  September 16,2021  2. Approval of Minute No. 283 dated June 3, 2021.  3. Public Comment. 4. Treasurer's Report:  Bank Reconciliation Approval - April, May, June, July and August 2021.  5.E Requisitions:  Requisition Approval - June, July and August 2021.  6. Old Business. 7.New Business:  A. Approval ofai request from Nancy Wyland to purchase part-time service credit dated from November 4, 2019 to September 16, 2020 in the amount of$1,425.47. B. Approval to add Robbins Gellar Rudman & Dowd, LLP as an additional  securities litigation firm.  C.Actuary Presentation: David Reichert- - Korn Ferry.  D. Portfolio Presentation: Lee Martin, Ph.D. - Marquette Associates.  8.A Adjournment.    Minute No. 283  June 3,2021  Thec quarterly meeting oft the' Washington County Retirement. Board was held at approximately 10:24 a.m. on' Thursday, June 13, 2021, int the public meeting room with the following members being present: Commissioners Dianal Irey Vaughan, Nick Sherman and) Larry! Maggi and Controller Michael Namie. Absent from the meeting was Treasurer Tom Flickinger. Also present: ChiefClerk Cindy Griffin; Secretary Paula. Jansante; Clerk of Courts Brendal Davis who exited the mecting at approximately 10:38 a.m.; and Lee! Martin, Ph.D. andl Bill Torre, CFA, CAIA, representing! Marquette Associates. Mrs, Vaughan entertained: ar motion to approvel Minute No.: 282 dated! February 18, 2021. The motion was moved by! Mr. Sherman and seconded by Mr. Maggi thatt the above-mentioned minutes be  Approval ofl Minutes approved as written. No discussion followed. Roll call vote taken; Motion passed unanimously. Public Comment None. Treasurer's) Report  Mr. Namie- yes; Maggi - yes; Mr. Sherman- yes; Mrs: Vaughan-yes.  In! Mr. Flickinger's absence, Mr. Namie presented the. January and1 February 2021 statements stating that both months reconciled to zero. It was moved by Mr. Namie ands seconded by Mr. Sherman to  accept the reconciliations oft the above-mentioned. statements.  No discussion followed. Roll call vote taken: Motion passed unanimously. Retirement Allowance Report Bank Balance as ofJanmary 1, 2021 Add: ACH Credit Add: Other Credits Less: Cancelled Checks Less: ACH) Debits Bank Balance as ofJanuary 31, 2021 Transfer Out ACHI Retum Less: Outstanding Checks Less: Retirement Check Run Reconciled: Balance as of. January 31, 2021  Mr. Namie yes; Mr. Maggi - yes; Mr Sherman- yes; Mrs. Vaughan- = yes.  $141,475.45 256,454.00 772,291.21 (159,751.24) (762.862.84) $247,606.58 (54,339.06) 37.41 (158,877.66) (34,427.27) $-:    Bank Balance as of February 1,2021 Deposits to Checking Account Add: ACH Credit Add: Other Credits Less: Cancelled Checks Less: ACHI Debits Bank Balance as ofFebruary? 28, 2021 Transfers to! Mutual Funds Less: Outstanding Checks Less: Retirement Check Run Reconciled. Balance as of February 282021  $247,606.58 6,793,15 261,904.57 685,632.10 (222,201.86) (879,089.13) $100,645.41 (5,489,36) (64,751.23) (30.404.82) $-0:  Mr. Namie presented thel March 2021 statement stating thati itr reconciledi toz zero. It was moved by Mr. Namie ands seconded by! Mr. Sherman to accept the reconciliation ofthe above-mentioned. statement.  No discussion followed. Roll call vote taken: Motion passed unanimously. Retirement Allowance Report Bank Balance as of! March 1,2021 Deposits to Checking Account Transfers In Add: ACHO Credit Add: Other Credits Less: Cancelled Checks Less: ACHDebits Bank Balance as of March 31, 2021 Transfers to! Mutual Funds Less: Outstanding Checks Less: Retirement Check Run Reconciled Balance as ofMarch: 31, 2021 Requisitions 2021 totaled $3,903,445.95. approved,  Mr. Namie-) yes; Mr. Maggi- - yes; Mr. Sherman- yes; Mrs. Vaughan- - yes.  $100,645.41 22,051.65 15,353.49 261,566.54 708,347.02 (177,491.99) (833.700.93) $96,711.19 (20,842.85) (49,674.26) (26.254.08) S-D:  Mr. Namies stated that requisitions for the months ofFebruary, March, April andl May It was moved by Mr. Namie ands seconded by Mr. Sherman that the requisitions be  No discussion followed.    Roll call vote taken: Vaughan - yes.. Distributions Check 2144. 2145 2146 2147 2148 2149 2150 Transfer Transfer  Mr. Namie-: yes; Mr. Flickinger- yes; Mr. Maggi - yes; Mr. Sherman yes; Mrs.  Motion passed unanimously.  February 2021 Payee Michael. A. Beresh Kayla Gulick Tanner Kefover Chase Pindel PNCI Bank  Amount $:28,668.60 844.13 6,582.65 4,183.29 35,799.47 190.17 20,819.80 55,678.90 795,520.02 $948.287.03 Amount $55,355.47 21,342.42 133.11 133.10 4;518.62 89.17 82.00 82.01 82.00 84.11 5,813.45 6,592.00 2,380.48 1,845.76 412.11 11,591.96 17,520.92 1,063.34 3,252.30  Washington County Cashl Disbursement Account  LPLFinancial as Trustee of IRA ofGregory Morrell Washington County Regular Payroll Escrow Account Washington County Retirement Account Totall February 2021 Distributions  March 2021 Payee Washington County Cash Disbursement. Account Washington County Payroll Account Sharon Annl Dexter. Karen) Leel Keys LeValley Estate of Karenl L. Puskar David H. Rhome Susan. R. Featherston Nancy R. Mosser Lindal R. Speicher Henry Novak Terry Ashley Jenna Chomak Kendall Coleman Melissa Hill Donald. Kozak Heather R. McBride Connor Tibbe Lucas" Tokarczyk  Check 2151 2152 2153 2154 2155 2156 2157 2158 2159 2160 2161 2162 2163 2164 2165 2166 2167 2168 2169  Trustee ofReliance" Trust Col FBO. Amyl L. Mazanetz    Transfer Transfer  PNCI Bank  63,607.59 795,809.54 $991.791.46 Amount. $27,514.20 199.35 47.79 3,423.09 847.30 1,495.05 10,880.53 12,273.35 4,747.59 21,342.42 57,918.40 794,977.11 $935.666.18  Washington County Retirement. Account Total March 2021 Distributions  April 2021 Payee John' W.J Harter Susan C. Holleran Glenda Smith: Bailey Schmalzreid Paull Karmazin Martiqua Sloan Mikayla' Watson Washington County Payroll Account PNCBank Washington County Retirement. Account Total April 2021 Distributions  Check 2170 2171 2172 2173 2174 2175 2176 2178 2179 Transfer Transfer  Washington County Cash Disbursement. Account  2177 E-Trade Securities as" Trustee OfIRA ofCurtis Williams  May2021 Payee Joseph M. Bowers Donald. A. Hartman Thomas M. Cowden Katerinal Findley Marsha Hayman Chelseal Heinen Melanie. A. Messner James Miller Joseph! Muntan Haley Savel Arrion, Sorrell Ryan' Wood Washington County Payroll Account Washington County Cash Disbursements. Account PNCI Bank Washington County Retirement: Account Total May2 2021 Distributions  Check 2180 2181 2182 2183 2184 2185 2186 2187 2188 2189 2190 2191 2192 2193 Transfer Transfer  Amount $63.51 51.76 10,226.44 7,296.30 3,167.07 4,856.15 1,948.61 134.64 11,429.15 5,902.65 3,596.65 2,188.04 21,230.48 79,482.92 65,495.69 810,631,22 $1027,701.28    Old Business None. New Business $5,435.00. approved. No discussion followed. Roll call vote taken: Motion passed unanimously  Mrs. Vaughan entertained ai motion to approvea ai request from David Powell to purchase' part-time service credit dated from February 15, 2018t tol May 25, 2021, in thes amount of It was moved by Mr. Namie and seconded by Mr. Sherman that the service credit request be  Mr. Namie- yes; Mr. Maggi yes; Mr: Sherman- - yes; Mrs. Vaughan-yes.  Mrs. Vaughan entertained: a motion: for the ratification ofa an MOU dated March 1,2021, for the approval ofar request by Angelial Mattes to purchase 5 years ofmilitary service dated September 5, 1989 to September 4, 1994, in the amount of$21,678.66. Ity was moved by Mr. Sherman and: seconded by Mr. Namie that the service credit request be  approved. No discussion followed. Roll call votet taken: Motion passed unanimously  Mr. Namie- yes; Mr, Maggi- - yes; Mr. Sherman yes; Mrs. Vaughan- -yes.  After some discussion Mrs. Vaughan entertained ar motion for al Request for Information (RFI) fort the consideration of adding an additional securities litigation firm atr no cost tot the County. The County currently retains one firm buti is considering adding another firm tor monitor Ity was moved by Mr. Sherman ands seconded by Mr. Namie consenting tot thes submission ofan  the retirement portfolio which! has become increasingly diversified.  RFI. No discussion followed. Roll call vote taken: Motion passed unanimously  Mr. Namie- yes; Mr. Maggi- - yes; Mr. Sherman - yes; Mrs. Vaughan- - yes.  Portfolio Presentation- - Leel Martin, Ph.D. and Bill Torre, CFA, CAIA - Marquette. Associates Mr. Martin! began with al brief discussion ont the market environment: stating thatt the GDP increased byia as strong annual rate of6.4% exceeding expectations for thei first quarter driven byt the most recent stimulus whichs supported consumer spending. The ongoing Federal Reserve policy    continued its support holdingi interest rates near zero. Projections indicate that 2021 will be the strongest yeari in almost 40: years. Mr. Martin indicated that witht the consumer spendingi increase. and the economic rebound that concerns over inflation have begun to percolate. He continued stating thatt the cost ofg goodsi is going ups across thel board with food prices rising 12 monthsi ina row, Mrs. Vaughan directed a question to! Mr. Martin withr regardt toi interest rates, Hei indicated thatt the bondy yield went up slightly in QI leading to negative bondp prices whichs stabilized in Q2. However, looking at the" TIPS markets, thel Fedi is indicating that it believes that the inflationi is temporary. Mr. Martin stated that inflation wouid probably. come down but perhaps not to pre- pandemic levels. He explained that thel Fed expects that interest rates can be kept to near: zero until. 2023, but Mr. Martin: stated that he tendst to believe thati it would not be likelyi ift the behavior ofthe Mr. Martin directed attention to the Global Asset Classi indices. Witht the current environment, risk assets continue to go up with U.S. equities up 6.3%in Q1 andi international equities returning 4.2%. International equities laggedt the U.S. returns for the Ist quarter mainly duet to the strength oft the U.S. dollar. As mentioned- earlier, U.S. bonds were down, returning- 3,4% for the quarter with high yield posting aj positive returno of0.8%. Finally, the inflation- sensitive assets posteds solid results with TIPS in the red(-1.5%), commodities returning 6.9% and Moving to the County's pension fund, Mr. Martin presented the pension fund's observations noting that the pension fund finished the Ist quarter at $197.0 million gaining $6.9 million for the 3-month period. He also pointed out that the fund broket the $200M ceiling currently sitting at $204M upi nearly 8% for the year to date outperforming the assumed. rate of return. Additionally, the portfolio return for QI was. 3.7% outperforming the policyi index of3.0%. Positive attribution came from domestic equity (small/mid cap overweight), global and. international equity, defensive equity andi infrastructure. Negative attribution came from treasuries. Longer term, thei fund has gained $76.3 million over the past 5 years returning 9.9%. Over the 10- Mrs. Vaughan madet the comment that the fund has done very well over time, but she inquired as to what steps could be taken to safeguard the fund with regard toi investment policies, etc, Mr. Martin explained that the fundi is governed by Act 961 butt that asset types, target policies, ranges, funding policies, etc., can! be managed byt the County investment policies. Mr. Martin responded tol Mrs. Vaughan and Mr. Namie'si inquiries stating that once the Korn. Ferry annual report is available, Marquette will provide ant asset/liability study and cash flow analysis for the next 10 years to be presented ate ai future meeting as well as offer suggestions for possible actions. that could bet takeni in order to safeguard the fund andi itsi increasing outflow needs. Mr. Martin wrapped up thej pension fund observations by pointing out that even with the fund's diversification, the fund's investment management fees have remained low at approximately 36 basis points emphasizing that the average cost for U.S. pension: fundsi is approximately. 541 basis points. Looking ahead, Mr. Martins stated that the. JPMI Reall Estate divestment is ongoing moving funds to TA Realty. Additionally, the asset allocation! has moved investment into private debt andi is  futures markets is anyi indication.  U.S. REITS posting 8.3%.  year period, thei fund! has added over $117M.    expected toi move into private equity in August 2021.  Mr. Martin directed attention tot the managers stating that U.S. equities were up 8.0% compared tot the benchmark at 6.3% coming back to quality and value with GW&K Small-Mid Cap Core returning 10% and' Twin Capital at 7.0%1 for the quarter. On the global side, the portfolio retured 5.7% compared tot the 4.6% bench. Mr. Martin notedt that Dodge & Cox values approach is outperforming at 11.6% while the American Funds New Perspective growth approach underpertormed: at2.3. Ont thei international side, Fidelity Total Int'll Index Fund returned 3.9% with Schroder Int'll Multi-Cap Equity" Trust ats 9.8%. He explained that dividend paying type stocks tend to outperform growth stocks ont thei international sidei in contrast to thel U.S. whichi is led by tech stocks. For Defensivel Equity, Parametric returned 5.1% outperforming the bench of3.1%. In Real Estate, Mr. Martin pointed to the I-year return with. J.P. Morgan (0.6%) lagging the bench by 1.4% which explains the reason fors some oft the movement into the Clarion Lion Properties. Fund which returned 2.1% compared to the. 1.5% benchmark: for the same period. Mr, Martin noted that, sincei inception, the JPI Morgan infrastructure: fund has returned 7.7% ahead ofthet benchmark of 5.3%. Additionally, hel highlighted the l-year Hancock Timberland: and Farmland Fund return of 7.8% outperforming the bench at 1.9%. Finally, the overall U.S. Fixed Income Composite's return. fort the I-year was 3.5% over the 2.0%5 bench attributable to the addition ofhighy yield last) year. The OPEB fund finished the quarter at $22.8 million, gaining $855K with a 4.0% return for Q1 above the policy index of3.4%. Positive attribution came from domestic equity (small/mid cap overweight), global andi international equity, defensive equity andi infrastructure. Negative attribution came from treasuries. Mr. Martin statedt that the OPEB isi invested with a little more riskt than the pension fund but explained that because the OPEB fundi iss smaller, the dollar impact off funding relative to the pension fund would not be as great should there be at bad year. Noting this and that the fund! has no redemptions, the potential gains outweigh the risk. Mrs. Vaughan asked Mr. Martin on his thoughts on funding the OPEB, specifically ifhe believed that the Retirement Boards should consider additional funding from the General) Fund, She asked Mr. Martin about obtaining a projection for future outflows from the fund sot that thel Board could consider ifit would be a good decision to make an additional contribution to the OPBB1 fund. Hec explained that since the OPEBI has already been closedt tor new participants that the calculation would easiert to estimate. than for the pension fund. Ther medical cost assumption would need to be determined whichi is normally 50% over the general CPI. Mrs. Vaughan stated that funding the liability could possibly minimize future tax increases, improve the County's financial position and improve the bond rating since the unfunded' liability is now required to be reported int the annual County financials statements. Mr. Namie commented thati ifthel Boardi is considering funding the OPEB fund from the general fund that a discussion: should take place with Mr. Hatfield so that the budget ist taken into consideration" when determining the amount. Mrs. Vaughn explained that she would like to ensure that the participants who have earned the benefits actually reçeive thel benefits for which they are entitled. Mr. Martin stated that hes would work ups a cash flow analysis plotting out the next 10 years for both they pension and OPEB funds once the final Koml Ferry reporti is available. Wrapping up the OPEB discussion, Mr. Martin wanted to emphasize the point that    because there are currently no outflows from the fund that the investment strategy can afford to! be more aggressive than thato ofthep pension fund. Sinice volatility is not ast much ofa concern fort the OPEB fund, Mr. Martin: suggested that thel Board. consider redirecting some fixedi income into Moving tot the asset. allocation study, Mr. Torre proceeded with his presentation explaining that the: study is comparingt the 10-year return assumptions from Décember 31, 2018, tot that of December: 31, 2020, pointing out that the fixedi income intermediate goverment/credit. and high yield has dropped off welll belowt the assumed rate ofr return of7.0%. The chart shows that global infrastructure fell from 7.5%.to 7.0%1 but emphasized that the infrastructure was still hitting the targeted rate ofi return. Mrs.Vaughan askedi ifti the assumed rate ofr return was still at7.0%. Mr. Martin confirmed that it was but indicated thats sincet the OPEB: is purely a longt term investment fund that ity wasn't as much ofa ani issue but he stated that the ARR would be considered! int the Mr. Torre continued to present the asset allocation options with Portfolio Ai representing the curent approved asset allocation and current mix. Portfolio B, CandI D all represent the current allocation moving 5%i into global infrastructure. The allocation: movement would come from equity 5% (Portfoliol B), equity 2.5% and fixedi income 2.5% (Portfolio C), and fixed income 5% (Portfolio D). Mr. Torre and Mr. Martin recommended. Portfolio D. Mr. Martini indicated that it wouldi not be beneficial to leave 20%i in fixedi income when therei is no need for liquidity emphasizing thatt there woulds stilll be 15% ini fixed income with about halfi investedi ini intermediate  listedi infrastructure whiley yields within the bond markets are so low.  analysis for the next meeting.  treasuries.  Mrs. Vaughan entertained a motion to move 5% ofthe OPEB fund into globali infrastructure Itv was moved by Mr.. Sherman and seconded by Mr, Maggi to adopt the new: asset Itv was notedt that for OPEB, only the Board ofC Commissioners vote ont the motion. No Mr, Maggi- yes; Mr. Sherman yes; Mr. Maggi- -yes; Mrs. Vaughan -yes..  from fixedi income based ont thet recommendation.  allocation strategy. discussion followed. Roll call vote taken: Motion passed unanimously.  Inc closing Mr. Martin: stated that BNYI Melloni is the current director trustee ofthe OPEB fund whichi is problematic in that itist the only bank that won'texecute buys and: sells on the same day which allows for some out-of-market exposure. Mrs. Vaughan asked ifhey was recommending ar new bank; and! he statedt that he was making thatr recommendation. He also commented that Mr, Namie! hadi mentioned that BNYI Mellon does not provide optimal statements. Mr. Namie uses the Marquette. Associates statements' which have tot be reconciled thel BNY Mellon statements. Mr. Martin stated that Marquette would conduct ac custodial: search top present at the next) meeting  providing 2-3 director trustee alternatives for thel Boardt to consider.    The meeting was adjourned at 11:25 a.m.  THE FOREGOINGI MINUTES SUBMITTED: FOR APPROVAL:  2021  ATTEST:    County of Washington Office of Treasurer  LISA CARPENTER DEPUTYTREASURER LANE TURTURICE SOLICITOR  TOMF FLICKINGER COUNTYTREASURER  100 West Beau Street Suite 102  Washington, Pennsylvania 15301 RETIREMENT ALLOWANCE, ACCOUNT  APRIL 2021  Bank Balance as of April 1, 2021 Deposits to Checking Account Transfers In ACH Credit Other Credits Less: Cancelled Checks Less: Other Debits Less: ACH Debits Funds Transfers Out  $ 96,771.19 2,439.94 312,228.66 617,022.04 -0- (105,316.35) -0- (833,359.41) -0- 89,786.07 15,353.49) (46,806.18) (27,626.40) -0-  Bank Balance as of April 30, 2021 Transfers to Mutual Funds Less: Outstanding Checks Less: Retirement Check Run  $  Reconciled Balance as of April 30, 2021    County of Washington Office of Treasurer  LISA CARPENTER DEPUTY TREASURER LANE TURTURICE SOLICITOR  TOMFLICKINGER COUNTYTREASURER  100 West Beau Street Suite 102  Washington, Pennsylvania 15301 RETIREMENT ALLOWANCE, ACCOUNT  MAY 2021  Bank: Balance as of May 1,2021 Deposits to Checking Account Transfers In ACH Credit Other Credits Less: Cancelled Checks Less: Other Debits Less: ACH Debits Funds Transfers Out  $ 89,786.07 -0- -0- 261,175,80 766,525.48 (162,967.39) -0- (854,051.68) -0- 100,468.28 14,649.49) (52,263.80): - 33,554.99) -0-  Bank Balance as ofl May 31, 2021 Transfers to Mutual Funds Less: Outstanding Checks Less: Retirement Check Run  $  Reconciled Balance as ofl May 31, 2021    County of Washington Office of Treasurer  LISA. CARPENTER DEPUTYTREASURER LANETURTURICE SOLICITOR  TOMFLICKINGER COUNTYTREASURER  100 West Beau Street Suite 102  Washington, Pennsylvania 15301 RETIREMENT ALLOWANCE ACCOUNT  JUNE: 2021  Bank. Balance as ofJune 1, 2021 Deposits to Checking Account Transfers In ACH Credit Other Credits Less: Cancelled Checks Less: Other Debits Less: ACH Debits Funds Transfers Out  $ 100,468.28 5,435.00 22,963.82 323,745.75 678,250.59 (90,110.78) -0- (839,905.68) -0- 200,846.98 47.10) (166,668.04) 34,131.84) 0-  Bank, Balance as of. June 30, 2021 Transfers to Mutual Funds Less: Outstanding Checks Less: Retirement Check Run  $  Reconciled Balance as of June 30, 2021    County of Washington Office of Treasurer  LISA CARPENTER DEPUTYTREASURER LANE TURTURICE SOLICITOR  TOMF FLICKINGER COUNTYTREASURER  100 West Beau Street Suite 102  Washington, Pennsylvania 15301 RETIREMENT ALLOWANCE ACCOUNT  JULY2021  Bank Balance as of July 1, 2021 Deposits to Checking Account Transfers In ACH Credit Other Credits. Less: Cancelled Checks Less: Other Debits Less: ACH Debits Funds Transfers Out  $ 200,846.98 7,546.55 -0- 288,852.28 1,011,263.99 (444,081.94) -0- (912,314.14) -0- 152,113.72 94.20) (121,744.38) 3 30,275.14) -0-  Bank Balance as of. July 31,2021 Transfers to Mutual Funds Less: Outstanding Checks Less: Retirement Check Run  $  Reconciled Balance as of. July 31, 2021    County of Washington Office of Treasurer  LISA CARPENTER DEPUTYTREASURER LANE TURTURICE SOLICITOR  TOMFLICKINGER COUNTYTREASURER  100 West Beau Street Suite 102  Washington, Pennsylvania 15301 RETIREMENT ALLOWANCE ACCOUNT  August 2021  Bank Balance as of August 1, 2021 Deposits to Checking Account Transfers In ACH Credit Other Credits Less: Cancelled Checks Less: Other Debits Less: ACH Debits Funds Transfers Out  $ 152,113.72 -0- -0- 282,772.90 696,342.60 (162,511.29) -0- (856,090.54) -0- 112,627.39 -0- (88,413.32) 24,214.07) -0-  Bank Balance as ofAugust 31,2021 Transfers to Mutual Funds Less: Outstanding Checks Less: Retirement Check Run  Reconciled Balance as of August 31, 2021    Washington County Retirement Board Distributions  June 2021 Payee  Check # 2194 2195 2196 2197 2198 2199 2200 2201 Transfer: Transfer:  Amount  Washington County Cash Disbursement, Account  3,143.51 3,232.26 36.93 825.01 4,519.88 142,064.34 38.36 21,984.52 57,225.83 812,570.66 1,045,641.30  Mariela Benitez Mark Gramm Dawn Simko Dakota Snyder  UMB Bank FBO Kathy Ross Jacquir Baston  Washington County Payroll Account  PNC Bank  Washington County. Retirement Acct.  Total Monthly  Cc: D. Irey' Vaughan L. Maggi N. Sherman M. Namie T. Flickinger J. Haynes J. Hatfield L.K Kudaroski J.1 Thornburg H. Sheatler C.Sams    Washington County Retirement Board Distributions  July2021 Payee  Check# 2202 2203 2204 2205 2206 2207 2208 2209 2210 2211 2212 2213 2214 2215 2216 2217 2218 2219 2220 2221 2222 2223 2224 2225 2226 Transfer: Transfer:  Amount 8,017.30 242.21 422.04 242.21 13,907.15 22,691.01 10,285.55 2,040.37 2,640.77 6,691.69 5,280.45 288.72 26,439.78 38,931.66 1,513.21 78.21 2,465.89 35,557.18 49,356.65 19,525.96 40,160.61 6,189.76 24,696.80 21,659.48 29,471.21 123,818.07 815,001.78 1,307,615.72  Jeannie MA Ayd Beth ALindey Ronald CI Revi Roxarie Rizak Richard Black: Catherine Buchanan  Storehouse Investments LLC as1 Trustee ofl IRA ofA Abbyl LCook Fidelity Management Trust Co as Trustee of! IRA of Carlos Correa.  Olivia Cypher Jacob Fritch Deborah Furbee Philip Milostan Onilee Moore Amy Mruk Stephen Sobocinski CherylLValvo Michael Costello Deborah SH Hammond Darlal RI Mayton Elleen Retamal Carrie MS Sprowls Washington County Payroll Account Washington County Cash Disbursement Account Washington County Retirement/ Acct.  TDA Ameritrade Clearing as Trustee ofl IRA ofk Kelly! Lynn! Mummert  Washington Financiala as Trustee of! IRA ofL Lois APettit  PNC Bank  Total Monthly  cc; D. Irey Vaughan LMaggi N. Sherman M. Namie T.F Flickinger J.Haynes J.Hatfield L.K Kudaroski J.T Thornburg H.S Sheatler C. Sams    Washington County Retirement Board Distributions  August 2021 Payee  Check: # 2228 2229 2230 2231 2232 2233 2234 2235 2236 2237 2238 2240 2239 Transfer: Transfer:  Amount 242.21 242.21 252.70 840.21 351.12 474.42 7,856.40 3,114.35 4,222.18 2,649.74 31,474.80 21,831.08 27,372.21 62,456.25 814,903.24 978,283.12  Justine A Cleveland Audrey Dorsey Mariela Benitez Lizal Blanco Saquan Clark Dylan Culbertson Steffan Keeton Monica Piontek Denise Sexton Jon Tustin  Fidelity Net Benefits as trustee of IRA of Karly Steele  Washington County Payroll Account Washington County Cash Disbursement, Account  PNC Bank  Washington County Retirement. Acct.  Total Monthly  Cc:: D. Irey Vaughan L. Maggi N. Sherman M. Namie T.Flickinger J. Haynes J. Hatfield L. Kudaroski J. Thornburg H. Sheatler C. Sams