Members Present:  Billie Blackburn, Greg Fox, Laura Hare, Terry Lehenbauer, Louisa Payne, Tom Poole, Robert Reed, Fran Stromberg, John Wilguess

Members Absent:  Nancy Clark, Sandy Cooper, A. B. Harrison, Sally Henderson, Ken Morris 

Ad Hoc Members:  Bob Oehrtman, David Peters

Ex Officio:  Anne Matoy, Barbara Wells

Greg Fox called the meeting to order.

I. Approval of agenda.   Moved to approve the agenda as corrected, seconded by Poole; passed.

II. Approval of minutes.
            Moved to approve by Lehenbauer, seconded by Blackburn; passed.

III. Task Force Reports
           Retirement Task Force—Bob Oehrtman presented and explained the Retirement Subcommittee’s recommendations regarding OTR. 
See attached . Payne moved to accept the subcommittee’s recommendation and send it forward to administration. Seconded by 
Blackburn; passed.
            Matoy stated that OSU Human Resources had met with officials from OU about the OTR problem, with the hope of presenting a 
united front when meeting with representative of OTR.
            The issue of the cap of 1600 on sick leave was raised.  This had been part of recommendation by the Retirement Subcommittee.  While 
the 4057(b) plan was sent over to administration in the last meeting, the cap on sick leave has not been acted on.  Reed moved to send forward 
to administration the recommendation to track all sick leave earned. Seconded by Blackburn; passed.

A.     Flexible Benefits Task Force   John Wilguess states that although the committee had taken the summer off, they would begin meeting in 
the next week or so.  They had been waiting to hear back from administration on their recommendation.  Matoy urged them to begin campus 
review now rather than waiting for the new president.

IV.  State insurance update—Anne Matoy stated that premiums will, in 2003, once again increase.  However, Oklahoma’s current premiums or the 
anticipated increase are still lower than most of the surrounding states.      

V.   Life insurance update—The recommendation that life insurance for retirees be increased from $4,000 to $10,000 is being held for further study. 
Although the idea has merit, with the tight budget, funding is not available.  Actuaries will be looking at the cost of $6,000 and $8,000 policies.            

V. Status of committee   The committee will be looking to Dr. Bosserman for direction.

VI. Meeting dates.   Future meeting dates for the fall semester will be. Sept. 4, Oct. 2, Nov. 6, and Dec. 2.  All meetings will be at 9:00 am in the 
conference room of the Wellness Center unless announced otherwise.

Reed moved to adjourn the meeting, seconded by Payne; passed.