The Board shall meet at least monthly to consider investments. At each of its meetings it shall:

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1.  Review, and if appropriate direct changes in, the investment portfolio of the System.

2.  Recommend any appropriate changes in the investment objectives and policies.

3.  Acknowledge and process investment suggestions forwarded to it by members of the System.

4.  Provide for investment practice explanations to all members of the System when such explanations seem appropriate.