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X-WR-CALNAME:Sacramento County Employees' Retirement System - SCERS
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X-WR-CALDESC:Events for Sacramento County Employees' Retirement System - SCERS
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DTSTART;TZID=America/Los_Angeles:20260819T100000
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DTSTAMP:20260813T220825Z
CREATED:20260812T220519Z
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UID:10000107-1787133600-1787133600@www.scers.gov
SUMMARY:Board Meeting August 19\, 2026
DESCRIPTION:Please note the location change.\nThis meeting will take place at the Sacramento Metropolitan Fire at 10545 Armstrong Avenue\, Suite 200. \nIf you wish to watch the meeting\, you can connect using Zoom here. You can only address the Board in person. \nAgenda \nItem 1 – Call to Order/Roll Call – No Materials \nItem 2 – Election of Board Officers \nItem 3 – Public Comment – No Materials \nConsent Matters\nItem 4 – Minutes of the June 17\, 2026 Regular Meeting\nApprove the minutes of the June 17\, 2026 Regular Meeting. \nItem 5 – Minutes of the June 16\, 2026 Audit Committee Meeting\nApprove the minutes of the June 16\, 2026 Audit Committee Meeting. \nItem 6 – Disability Retirement Applications\nAdopt Staff’s recommendations for the following Disability Retirement Applications: \nItem 6A – BATES\, Jonathan (Deputy Sheriff\, Sacramento County Sheriff’s Department): Grant a service-connected disability retirement. \nItem 6B – CASE\, Amelia (Deputy Sheriff\, Sacramento County Sheriff’s Department): Grant a service-connected disability retirement. \nItem 6C – KLEMME\, Dennis (Airport Operations Dispatcher Range B\, Airports): Grant a service-connected disability retirement. \nItem 6D – MOLDEN\, Robert (Deputy Probation Officer\, Sacramento County Probation Department): Grant a non-service-connected disability retirement. \nItem 7 – Ratification of Service Retirement Application Approvals—June and July 2026\nRatify the service retirement applications that were finalized in June and July 2026. \nItem 8 – State Association of County Retirement Systems Legislative Update—August 2026\nReceive and file the State Association of County Retirement Systems (SACRS) Legislative Update for August 2026. \nItem 9 – CEO Delegated Authority Expense Report—Second Quarter 2026\nReceive and file the CEO Delegated Authority Expense Report for the quarter ended June 30\, 2026. \nItem 10 – Employer Contribution Prepayments\nReceive and file report confirming Sacramento County and Sacramento Area Sewer District employer contribution prepayments for fiscal year 2026-27\, and Sacramento Metro Fire District unfunded liability payment for 2026-27. \nItem 11 – Board Policies\nReaffirm or approve amendments to the following policies: \nItem 11A – Placement Agent Policy \nItem 11B – Staff Background Check Policy \nItem 11C – Service Credit Policy \nItem 12 – Portfolio Allocation and Rebalancing Report—Second Quarter 2026\nReceive and file the Portfolio Allocation and Rebalancing Report for the quarter ended June 30\, 2026. \nItem 13 – 2025 Alternative Asset Fee and Expense Report\nReceive and file the 2025 Alternative Asset Fee and Expense Report.\n \nItem 14 – Monthly Report of Investment Activity—June and July 2026\nReceive and file the Monthly Report of Investment Activity for June and July 2026. \nItem 15 – Legal Services\nApprove an amendment to legal services agreement with investment counsel Foley & Lardner LLP increasing the not-to-exceed amount to $1\,225\,000 through January 2027 and authorize the Chief Executive Officer to execute any necessary documents. \nExecutive Reports\nItem 16 – Chief Executive Officer’s Report (no action requested) \nItem 17 – Chief Investment Officer’s Report\nReceive and file CIO Report for the quarter ended June 30\, 2026.\n \nItem 18 – Chief Benefits Officer’s Report (no action requested) \nAdministrative Matters\nItem 19 – Liquidity Study\nReceive and file the liquidity study and cash-flow profile of SCERS’ portfolio\, as presented by Cerity Partners. \nItem 20 – Actuarial Experience Study\nReceive and file Experience Study as of June 30\, 2025\, and adopt actuarial assumptions as recommended by Segal effective the June 30\, 2026 valuation\, including a reduction in the discount rate to 6.50%; and consider whether to implement either a two- or a three-year phase-in of the unfunded liability contribution-rate increase.    \nItem 21 – Technology Report—Second Quarter 2026\nReceive and file Technology Report for the quarter ended June 30\, 2026. \nBenefit Matters\nItem 22 – Elk Grove Cemetery District Enrollment Errors—Remediation Plan\nApprove the remediation plan to correct member enrollment errors identified at Elk Grove Cemetery District (EGCD). \nItem 23 – Post-Retirement Employment Policy\nApprove amendments to the Post-Retirement Employment Policy. \nInvestment Matters\nItem 24 – Education: Investment Fees\nReceive and file presentation on investment fee trends and analysis. \nItem 25 – Investment Manager Compliance and Watch List Report—Second Quarter 2026\nReceive and file the Investment Manager Compliance and Watch List Report for the quarter ended June 30\, 2026. \nItem 26 – Total Fund Investment Performance Report—Second Quarter 2026\nReceive and file Total Fund Investment Performance Report for the quarter ended June 30\, 2026\, as presented by Cerity Partners. \nOther Matters\nItem 27 – Comments from Members of the Board of Retirement \n  \nCLOSED SESSION\nItem 28 – PERSONNEL MATTERS—EMPLOYEE DISABILITY RETIREMENT APPLICATIONS\nPursuant to Government Code Section 54957(b)\, this session shall be closed for the Board to discuss the employment of public employees\, specifically\, the disability retirement applicants referenced in Item 6\, above. This item will be withdrawn in whole or in part if approved on Consent as recommended by staff. \nItem 29 – CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION\nPursuant to Government Code Section 54956.9(d)(1)\, this session shall be closed for the Board to discuss formally initiated litigation to which SCERS is a party: SCERS vs. Telus Health (US) Ltd.\, United States District Court\, Eastern District of California\, Case No. 2:24-cv-01431-JAM-DB. \nItem 30 – CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION\nPursuant to Government Code Section 54956.9(d)(1)\, this session shall be closed for the Board to discuss formally initiated litigation to which SCERS is a party: Marriage of Banh/Kim\, Superior Court of California\, County of Sacramento\, Case No. 15FL03807. \nItem 31 – PERSONNEL MATTERS—PUBLIC EMPLOYEE APPOINTMENTS\nPursuant to Government Code section 54957(b)(1)\, this session shall be closed for the Board to discuss the following public employee appointment: Assistant Retirement Administrator-Operations (Chief Operations Officer) \n  \nADJOURNMENT
URL:https://www.scers.gov/event/board-meeting-august-19-2026/
LOCATION:Sacramento Metropolitan Fire\, 10545 Armstrong Avenue Suite 200\, Mather\, CA\, 95655
CATEGORIES:Board Meetings
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