Sacramento County Employees' Retirement System - SCERS

Board Meeting January 15, 2025
2025-01-15 10:00 (America/Los_Angeles) | SCERS Board Room, 980 9th Street, Sacramento, CA, 95814
Agenda
Minutes
Open Session
Item 1 – Call to Order / Roll Call – No Materials
Item 2 – Swearing-In Ceremony – No Materials
Item 3 – Public Comment – No Materials
Consent Matters
Item 4 – Minutes of the December 11, 2024 Regular Meeting
Approve the minutes of the December 11, 2024 Regular Meeting.
Item 5 – Disability Retirement Applications
Adopt Staff’s recommendations for the following Disability Retirement Applications:
Item 5A – COTA, David (Lead Electrician, Regional Sanitation District): Grant a service-connected disability retirement.
Item 5B – CROUCH, Kenneth (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement.
Item 5C – IOSIF, Ileana (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement.
Item 5D – KELLY, Marisa (Human Service Supervisor Master’s Degree, Department of Child, Family, and Adult Services): Grant a service-connected disability retirement.
Item 5E – WEST, Mark (Stormwater Utility Worker, Water Resources): Grant a service-connected disability retirement.
Item 6 – Ratification of Service Retirement Application Approvals—December 2024
Ratify the service retirement applications that were finalized in December 2024.
Item 7 – Disability Retirement Procedures
Re-affirm the Disability Retirement Procedures with minor amendments.
Item 8 – Annual Board Education Compliance Report
Receive and file the annual Board Education Compliance Report for 2024.
Item 9 – CEO Delegated Authority Expense Report—Fourth Quarter 2024
Receive and file the CEO Delegated Authority Expense Report for quarter ended December 31, 2024.
Item 10 – Monthly Report of Investment Activity—December 2024
Receive and file the Monthly Report of Investment Activity for December 2024.
Executive Reports
Item 11 – Chief Executive Officer’s Report – No Materials
Item 12 – Chief Investment Officer’s Report – No Materials
Item 13 – Chief Benefits Officer’s Report – No Materials
Administrative Matters
Item 14 – Annual Discharge of Uncollectible Receivables
Approve the discharge of $98,334.25 of uncollectible receivables.
Item 15 – CEO Delegated Authority Policy for Expenses
Approve amendments to CEO Delegated Authority Policy for Expenses.
Item 16 – Media and Legislative Relations Policy
Approve new Media and Legislative Relations Policy.
Item 17 – Risk Assessment Project
Receive and file Risk Assessment Project Overview, as presented by Larry Jensen, Audit & Risk Management Services.
Item 18 – Technology Report—Fourth Quarter 2024
Receive and file the Technology Report for the quarter ended December 31, 2024.
Investment Matters
Item 19 – Investment Manager Compliance and Watch List Report—Fourth Quarter 2024
Receive and file the Investment Manager Compliance and Watch List Report for the quarter ended December 31, 2024.
Item 20 – Consultant/Service Provider Contract Timelines
Receive and file report on contract terms for consultant and service provider relationships.
Other Matters
Item 21 – Comments from Members of the Board of Retirement – No Materials
Closed Session
Item 22 – CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION
Pursuant 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
Item 23 – PERSONNEL MATTERS—EMPLOYEE DISABILITY RETIREMENT APPLICATIONS
Pursuant 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 5 above. This item will be withdrawn in whole or in part if approved on Consent as recommended by staff
Adjournment​

Board Meeting December 11, 2024
2024-12-11 10:00
Agenda
Minutes
Open Session
Item 1 – Call to Order / Roll Call – No Materials
Item 2 – Public Comment – No Materials
Consent Matters
Item 3 – Minutes of the October 16, 2024 Regular Meeting
Approve the minutes of the October 16, 2024 Regular Meeting.
Item 4 – Minutes of the November 19, 2024 Audit Committee Meeting
Recommendation to approve the minutes of the November 14, 2024 Audit Committee Meeting.
Item 5 – Minutes of the November 20, 2024 Regular Meeting
Recommendation to approve the minutes of the November 15, 2024 Regular Meeting.
Item 6 – Disability Retirement Applications
Adopt Staff’s recommendations for the following Disability Retirement Applications:
Item 6A – BALLANTYNE, George (Collection Equipment Operator, Waste Management and Recycling): Grant a service-connected disability retirement.
Item 6B – CERVANTES, Irma (Custodian Level 2, Airports): Grant a service-connected disability retirement.
Item 6C – FUSILIER, Angela (Human Services Social Worker – Master’s Degree, Child, Family and Adult Services): Grant a service-connected disability retirement.
Item 6D – POWE, Dexter (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement.
Item 6E – SLONEKER, Brad (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement.
Item 6F – TELL, Lionel (Senior Highway Maintenance Worker, Airports): Grant a service-connected disability retirement.
Item 6G – VALIENTE, Ambar (Head Start Intervention Specialist, Sacramento Employment Training Agency): Grant a service-connected disability retirement.
Item 6H – WALSH, Malika (Mental Health Counselor, Department of Behavioral Health): Grant a service-connected disability retirement.
Item 7 – Ratification of Service Retirement Application Approvals—October and November 2024
Ratify the Service Retirement Application Approvals for October and November 2024.
Item 8 – Board Meeting Calendar 2025
Approve the Retirement Board Meeting Calendar for 2025.
Item 9 – Salary Resolution Amendment
Approve the following positional change for 2025-26: Reallocate 1.0 FTE Information Technology Systems Support Specialist to 1.0 FTE Information Technology (IT) Infrastructure Analyst II.
Item 10 – Monthly Report of Investment Activity—October and November 2024
Receive and file the Monthly Report of Investment Activity for October and November 2024.
Item 11 – Portfolio Allocation and Rebalancing Report—Third Quarter 2024
Recommendation to receive and file the Portfolio Allocation and Rebalancing Report for quarter ended September 30, 2024
Executive Reports
Item 12 – Chief Executive Officer’s Report – No Materials
Item 13 – Chief Investment Officer’s Report – No Materials
Item 14 – Chief Benefits Officer’s Report – No Materials
Administrative Matters
Item 15 – Actuarial Valuation and Review and GASB 67 Report as of June 30, 2024
Adopt the 2025-26 fiscal year employer and member contribution rates recommended by Segal; receive and file the Actuarial Valuation and Review as of June 30, 2024; and receive and file the Governmental Accounting Standards Board Statement 68 Actuarial Valuation as of June 30, 2024.
Item 16 – Annual Comprehensive Financial Report for Fiscal Year Ended June 30, 2024
Receive and file the SCERS Annual Comprehensive Financial Report (the ACFR) based on the audited financial statements and auditor reports as of and for the fiscal year ended June 30, 2024, issued by SCERS’ independent auditor, Brown Armstrong Accountancy Corporation (Brown Armstrong).
Investment Matters
Item 17 – ALM Study
Receive and file presentation regarding Asset Liability Modeling study.
Item 18 – Total Fund Investment Performance Report—Third Quarter 2024
Receive and file the performance report for the quarter ended September 30, 2024, as presented by Verus.
Item 19 – Quarterly Investment Performance Report—Alternative Assets
Receive and file the performance report for the periods ending September 30, 2024 for the Absolute Return portfolio, and the periods ending June 30, 2024 for the Private Equity, Private Credit, and Real Assets portfolios, as presented by Cliffwater.
Item 20 – Quarterly Investment Performance Report—Real Estate
Receive and file the performance report on real estate investments for the quarter ended September 30, 2024, as presented by Townsend Group.
Other Matters
Item 21 – Comments from Members of the Board of Retirement – No Materials
Benefit Matters (Time Certain: 1:00 P.M.)
Item 22 – Administrative Appeal
Adopt Staff’s recommendation for the following matter:
Item 22A – Tidwell, Walter (former Criminal Investigator, District Attorney’s Office): Affirm the denial of Appellant’s request regarding community property.
Closed Session
Item 23 – CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION
Pursuant 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
Item 24 – CONFERENCE WITH LEGAL COUNSEL—ANTICIPATED LITIGATION
Pursuant to Government Code Section 54956.9(d)(4), this session shall be closed for the Board to discuss potential litigation to which SCERS may be a party (1 case)
Item 25 – PERSONNEL MATTERS—EMPLOYEE DISABILITY RETIREMENT APPLICATIONS
Pursuant 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
Item 26 – PUBLIC EMPLOYEE PERFORMANCE EVALUATION—CHIEF EXECUTIVE OFFICER
Public employee performance evaluation pursuant to Government Code Section 54957(b)(1).
Adjournment​

Board Meeting November 20, 2024
2024-11-20 10:00
Agenda
Open Session
Item 1 – Call to Order / Roll Call – No Materials
Item 2 – Public Comment – No Materials
Item 3 – 2024 Year in Review and 2025 Strategic Management Plan
Adopt the 2025 Strategic Management Plan.
Item 4 – 2024 Year in Review and 2025 Annual Investment Plan
Adopt the 2025 Annual Investment Plan.
Item 5 – Comments from Members of the Board of Retirement – No Materials
Closed Session
Item 6 – CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION (confidential)
Pursuant 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.
Item 7 – CONFERENCE WITH LEGAL COUNSEL—ANTICIPATED LITIGATION (confidential)
Pursuant to Government Code Section 54956.9(d)(4), this session shall be closed for the Board to discuss amicus briefing in formally initiated litigation to which SCERS is not a party: Los Angeles County Employees’ Retirement Association v. County of Los Angeles, et al., California Supreme Court Case No. S286264.
Item 8 – PUBLIC EMPLOYEE PERFORMANCE EVALUATION—CHIEF EXECUTIVE OFFICER (confidential)
Public employee performance evaluation pursuant to Government Code Section 54957(b)(1).
Adjournment​

Board Meeting October 16, 2024
2024-10-16 10:00
Agenda
Minutes
Open Session
Item 1 – Call to Order / Roll Call – No Materials
Item 2 – Public Comment – No Materials
Consent Matters
Item 3 – Minutes of the September 18, 2024 Regular Meeting
Approve the minutes of the September 18, 2024 Regular Meeting.
Item 4 – Disability Retirement Applications
Adopt Staff’s recommendations for the following Disability Retirement Applications:
Item 4A – DOORN, Candice (Associate Teacher, Sacramento Employment Training Agency); Grant a service-connected disability retirement. (confidential)
Item 4B – IOSIF, Ileana (Deputy Sheriff, Sheriff’s Department); Grant a service-connected disability retirement. (confidential)
Item 5 – Ratification of Service Retirement Application Approvals—September 2024
Ratify the service retirement applications that were finalized in September 2024.
Item 6 – CEO Delegated Authority Expense Report—Third Quarter 2024
Receive and file the Quarterly CEO Delegated Authority Expense Report for the quarter ended September 30, 2024.
Item 7 – State Association of County Retirement Systems
Item 7A – Legislative Update—October 2024
Receive and file the State Association of County Retirement Systems (SACRS) Legislative Update for October 2024.
Item 7B – 2025 Legislative Proposals
Recommendation to support SACRS legislative proposals for 2025.
Item 8 – Board Policies
Approve amendments to or reaffirm the following policies:
Item 8A – Board Education Policy
Item 9 – Monthly Report of Investment Activity—September 2024
Receive and file the Monthly Report of Investment Activity for September 2024.
Executive Reports
Item 10 – Chief Executive Officer’s Report – No Materials
Item 11 – Chief Investment Officer’s Report – No Materials
Item 12 – Chief Benefits Officer’s Report – No Materials
Benefit Matters
Item 13 – Service Purchase Policy
Approve new Service Purchase Policy that clarifies existing practices and procedures.
Item 14 – Education: Disability Retirement
Receive and file presentation on the disability retirement process.
Administrative Matters
Item 15 – Technology Report—Third Quarter 2024
Receive and file Technology Report for the quarter ended September 30, 2024.
Investment Matters
Item 16 – Investment Manager Compliance and Watch List Report—Third Quarter 2024
Receive and file the Investment Manager Compliance and Watch List Report for quarter ended September 30, 2024.
Item 17 – Education: Cryptocurrency
Receive and file presentation regarding cryptocurrency, as presented by Verus.
Item 18 – Education: Portfolio Analytics
Receive and file presentation on portfolio analytics software implementation.
Other Matters
Item 19 – Comments from Members of the Board of Retirement – No Materials
Closed Session
Item 20 – CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION (confidential)
Pursuant 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.
Item 21 – CONFERENCE WITH LEGAL COUNSEL—INITIATION OF LITIGATION (confidential)
Pursuant to Government Code Section 54956.9(d)(4), this session shall be closed for the Board to discuss whether to initiate litigation in one (1) case.
Item 22 – PERSONNEL MATTERS—EMPLOYEE DISABILITY RETIREMENT APPLICATIONS (confidential)
Pursuant 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 4, above. This item will be withdrawn in whole or in part if approved on Consent as recommended by staff.
Adjournment​

Board Meeting September 18, 2024
2024-09-18 10:00
Agenda
Minutes
Open Session
Item 1 – Call to Order / Roll Call – No Materials
Item 2 – Public Comment – No Materials
Consent Matters
Item 3 – Minutes of the August 21, 2024 Regular Meeting
Approve the minutes of the August 21, 2024 Regular Meeting.
Item 4 – Disability Retirement Applications
Adopt Staff’s recommendations for the following Disability Retirement Applications:
Item 4A – GRIEM, Joshua (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 4B – JAMES, Marcus (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 4C – MARSHALL-LEE, Richard (Assistant Probation Officer, Probation Department): Grant a service-connected disability retirement. (confidential)
Item 4D – TEMMERMAN, Frank (Judicial Services Officer, Sacramento County Courts): Grant a non-service-connected disability retirement. (confidential)
Item 4E – YANG, Leesai (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 5 – Ratification of Service Retirement Application Approvals—August 2024
Ratify the service retirement applications that were finalized in August 2024.
Item 6 – State Association of County Retirement Systems Legislative Update—September 2024
Receive and file the State Association of County Retirement Systems (SACRS) Legislative Update for September 2024.
Item 7 – Board Policies
Approve amendments to or reaffirm the following policies:
Item 7A – Privacy and Confidentiality Policy
Item 7B – Protection of Individual Records Policy
Item 8 – Monthly Report of Investment Activity—August 2024
Receive and file the Monthly Report of Investment Activity for August 2024.
Executive Reports
Item 9 – Chief Executive Officer’s Report – No Materials
Item 10 – Chief Investment Officer’s Report – No Materials
Item 11 – Chief Benefits Officer’s Report – No Materials
Investment Matters
Item 12 – Enterprise Risk Tolerance Survey
Receive and file results of Enterprise Risk Tolerance Survey, as presented by Verus.
Item 13 – Liquidity Study
Receive and file the liquidity study and cash-flow profile of SCERS’ portfolio, as presented by Verus.
Item 14 – Quarterly Investment Performance Report—Alternative Assets
Receive and file the performance report for the quarter ended June 30, 2024 for the Absolute Return portfolio, and the quarter ended March 31, 2024 for the Private Equity, Private Credit, Real Assets, and Opportunities portfolios, as presented by Cliffwater, LLC.
Item 15 – Quarterly Investment Performance Report—Real Estate
Receive and file the performance report on real estate investments for the quarter ended June 30, 2024, as presented by Townsend Group.
Other Matters
Item 16 – Comments from Members of the Board of Retirement – No Materials
Benefits Matters – Time Certain: 1:00 p.m.
Item 17 – Administrative Appeal
Adopt Staff’s recommendation for the following matter:
Item 17A CAMPOS, Joyce (former Office Assistant II, Department of Human Assistance): Affirm the denial of Appellant’s request to apply for disability retirement benefits.
Closed Session
Item 18 – CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION (confidential)
Pursuant 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.
Item 19 – PERSONNEL MATTERS—EMPLOYEE DISABILITY RETIREMENT APPLICATIONS (confidential)
Pursuant 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 4, above. This item will be withdrawn in whole or in part if approved on Consent as recommended by staff.
Adjournment​

Board Meeting August 21, 2024
2024-08-21 10:00
Agenda
Minutes
Open Session
Item 1 – Swearing-In Ceremony – No Materials
Item 2 – Call to Order / Roll Call – No Materials
Item 3 – Election of Board Officers – No Materials
Item 4 – Public Comment – No Materials
Consent Matters
Item 5 – Minutes of the June 20, 2024 Regular Meeting
Approve the minutes of the June 20, 2024 Regular Meeting.
Item 6 – Minutes of the June 13, 2024 Audit Committee Meeting
Approve the minutes of the June 13, 2024 Audit Committee Meeting.
Item 7 – Disability Retirement Applications
Adopt Staff’s recommendations for the following Disability Retirement Applications:
Item 7A – ANDERS, Jamie (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 7B – BROOKS, Gwendolyn (Head Start Teacher, Sacramento Employment and Training Agency): Grant a non-service-connected disability retirement. (confidential)
Item 7C – FRENCH, Tara-Marie (Utility Billing Services Representative II, Department of Finance): Grant a service-connected disability retirement. (confidential)
Item 7D – GASTINELL, Judy (Human Services Specialist, Department of Human Assistance): Grant a service-connected disability retirement. (confidential)
Item 7E – MARIN, Noe (Sanitation District Maintenance and Operations Technician, Sacramento Area Sewer District): Grant a service-connected disability retirement. (confidential)
Item 7F – PREHODA, Brian (Sheriff’s Sergeant, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 7G – SCRANTON, Donna (Mental Health Counselor, Health and Human Services): Grant a service-connected disability retirement. (confidential)
Item 7H – VAUGHN, Jacqueline (Sheriff Records Officer I, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 7I – WATKINS, Kaley (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 8 – Ratification of Service Retirement Application Approvals—June and July 2024
Ratify the service retirement applications that were finalized in June and July 2024.
Item 9 – State Association of County Retirement Systems Legislative Update—August 2024
Receive and file the State Association of County Retirement Systems (SACRS) Legislative Update for August 2024.
Item 10 – CEO Delegated Authority Expense Report—Second Quarter 2024
Receive and file the CEO Delegated Authority Expense Report for the quarter ended June 30, 2024.
Item 11 – Employer Contribution Prepayments
Receive and file report confirming County contribution prepayment for fiscal year 2024-25, SacSewer contribution prepayment for fiscal year 2024-25, and Metro Fire contribution prepayment for 2025-26.
Item 12 – Portfolio Allocation and Rebalancing Report—Second Quarter 2024
Receive and file the Portfolio Allocation and Rebalancing Report for the quarter ended June 30, 2024.
Item 13 – Investment Manager Compliance and Watch List Report—Second Quarter 2024
Receive and file the Investment Manager Compliance and Watch List Report for the quarter ended June 30, 2024.
Item 14 – 2023 Alternative Asset Fee and Expense Report
Receive and file the 2023 Alternative Asset Fee and Expense Report.
Item 15 – Monthly Report of Investment Activity—June and July 2024
Receive and file the Monthly Report of Investment Activity for June and July 2024.
Executive Reports
Item 16 – Chief Executive Officer’s Report – No Materials
Item 17 – Chief Investment Officer’s Report – No Materials
Item 18 – Chief Benefits Officer’s Report – No Materials
Administrative Matters
Item 19 – Sacramento Area Sewer District
Approve Sacramento Area Sewer District’s request to join SCERS as a new employer, effective December 15, 2024; authorize the Chief Executive Officer to execute a three-party agreement with Sacramento County and the District regarding the allocation of pension liabilities and funding obligations; and, adopt contribution rates for the District for December 15, 2024-June 30, 2025, as recommended by Segal.
Item 20 – Strategic Management Plan Report—Second Quarter 2024
Receive and file an update on activities and progress related to the 2024 Strategic Management Plan for the quarter ended June 30, 2024.
Item 21 – Technology Report—Second Quarter 2024
Receive and file the Technology Report for the quarter ended June 30, 2024.
Investment Matters
Item 22 – Education: Strategic Asset Allocation
Receive and file education presentation from Ian Toner, Verus’ Chief Investment Officer, on Strategic Asset Allocation.
Item 23 – Investment Oversight Initiative
Receive and file presentation on strengthening SCERS’ oversight of investment portfolio.
Item 24 – Salary Resolution Amendment
Approve the following positional changes: Reallocate 1.0 FTE Paralegal and 1.0 FTE Office Specialist to 1.0 FTE Retirement Investment Officer.
Item 25 – Total Fund Investment Performance Report—Second Quarter 2024
Receive and file Total Fund Investment Performance Report for the quarter ended June 30, 2024, as presented by Verus.
Other Matters
Item 26 – Comments from Members of the Board of Retirement – No Materials
Benefits Matters
Item 27 – Felony Forfeiture Review
Adopt Staff’s recommendations for the following Felony Forfeiture matter:
Item 27A CHAO, Seng (Victim Witness Claims Assistant, District Attorney’s Office): Enforce the felony forfeiture statutes against Member’s retirement benefits.(confidential)
Closed Session
Item 28 – CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION (confidential)
Pursuant 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.
Item 29 – PERSONNEL MATTERS—EMPLOYEE DISABILITY RETIREMENT APPLICATIONS (confidential)
Pursuant 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 7, above. This item will be withdrawn in whole or in part if approved on Consent as recommended by staff.
Adjournment​

Board Meeting June 20, 2024
2024-06-20 10:00
Agenda
Minutes
Open Session
Item 1 – Call to Order/Roll Call – No Materials
Item 2 – Public Comment – No Materials
Consent Matters
Item 3 – Minutes of the May 15, 2024 Regular Meeting
Approve the minutes of the May 15, 2024 Regular Meeting.
Item 4 – Disability Retirement Applications
Adopt Staff’s recommendations for the following Disability Retirement Applications:
Item 4A – BRESLER, Lorelei (Human Services Social Worker, Health and Human Services): Grant a reciprocal service-connected disability retirement. (confidential)
Item 4B – GRAEF, Jeramie (Sanitation District Maintenance and Operations Assistant, Sacramento Area Sewer District); Grant a service-connected disability retirement. (confidential)
Item 4C – JENKINS, Kenneth, (Deputy Sheriff, Sheriff’s Department); Grant a service-connected disability retirement. (confidential)
Item 4D – JONES, Shaelomena (Human Services Specialist II/Employment Advisor, Department of Human Assistance): Grant a non-service-connected disability retirement. (confidential)
Item 5 – Ratification of Service Retirement Application Approvals—May 2024
Ratify the service retirement applications that were finalized in May 2024.
Item 6 – State Association of County Retirement Systems Legislative Update—June 2024
Receive and file the State Association of County Retirement Systems (SACRS) Legislative Update for June 2024.
Item 7 – Board Policies
Re-affirm the following policy:
Item 7A – Membership Policy
Item 8 – Sacramento County 2024-25 Contribution Prepayment
Approve Sacramento County’s intent to prepay the employer contribution for the 2024-25 fiscal year.
Item 9 – Monthly Report of Investment Activity—May 2024
Receive and file the Monthly Report of Investment Activity for May 2024.
Executive Reports
Item 10 – Chief Executive Officer’s Report – No Materials
Item 11 – Chief Investment Officer’s Report – No Materials
Item 12 – Chief Benefits Officer’s Report – No Materials
Administrative Matters
Item 13 – Actuarial Services
Approve actuarial services agreement with Segal through June 30, 2027, and authorize the Chief Executive Officer to execute any necessary documents.
Investment Matters
Item 14 – Quarterly Investment Performance Report—Alternative Assets
Receive and file the performance report for the quarter ended March 31, 2024 for the Absolute Return portfolio, and the quarter ended December 31, 2023 for the Private Equity, Private Credit, and Real Assets portfolios, as presented by Cliffwater, LLC.
Item 15 – Quarterly Investment Performance Report—Real Estate
Receive and file performance report on real estate investments for quarter ended March 31, 2024, as presented by Townsend Group.
Item 16 – Alternative Assets Consultant Services
Approve amendment to consulting services agreement with Cliffwater, LLC through June 30, 2026, in an amount not to exceed $1,000,000 and authorize the Chief Executive Officer to execute any necessary documents.
Other Matters
Item 17 – Comments from Members of the Board of Retirement – No Materials
Closed Session
Item 18 – CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION (confidential)
Pursuant 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., Sacramento County Superior Court Case No. 24CV007762.
Item 19 – PERSONNEL MATTERS—EMPLOYEE DISABILITY RETIREMENT APPLICATIONS (confidential)
Pursuant 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 4, above. This item will be withdrawn in whole or in part if approved on Consent as recommended by staff.
Adjournment​

Board Meeting - Audit Committee - June 13, 2024
2024-06-13 11:00
Agenda
Minutes
Open Session
Item 1 – Call to Order/Roll Call – No Materials
Item 2 – Public Comment – No Materials
Item 3 – Annual Independent Financial Statement Audit Timeline
Discussion of the timeline related to SCERS’ Annual Independent Financial Statement Audit as of and for the fiscal year ended June 30, 2024, as presented by Brown Armstrong Accountancy Corporation. Information only.
Item 4 – Risk Assessment Project
Discussion of the timeline related to risk assessment project and internal audit program. Information only.
Item 5 – Comments from Members of the Audit Committee – No Materials
Adjournment​

Board Meeting May 15, 2024
2024-05-15 10:00
Agenda
Minutes
Open Session
Item 1 – Call to Order/Roll Call – No Materials
Item 2 – Public Comment – No Materials
Consent Matters
Item 3 – Minutes of the April 17, 2024 Regular Meeting
Approve the minutes of the April 17, 2024 Regular Meeting.
Item 4 – Disability Retirement Applications
Adopt Staff’s recommendations for the following Disability Retirement Applications:
Item 4A – CAMPOS, Jaime (Collection Equipment Operator II, Waste Management and Recycling): Grant a service-connected disability retirement. (confidential)
Item 4B – EVENSON, Crystal (Human Services Specialist, Department of Human Assistance): Grant a service-connected disability retirement. (confidential)
Item 4C – SHRADER, Ann (Associate Teacher/Infant Toddler, Sacramento Employment and Training Agency): Grant a non-service-connected disability retirement. (confidential)
Item 4D – WITTE, Joshua (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Adopt Proposed Decision of Administrative Law Judge for the following Disability Retirement Application:
Item 4E – GUIBORD, Ronald (Senior Highway Maintenance Worker, Sacramento County Airports): Deny a service-connected disability retirement. (confidential)
Item 5 – Ratification of Service Retirement Application Approvals—April 2024
Ratify the service retirement applications that were finalized in April 2024.
Item 6 – State Association of County Retirement Systems Legislative Update—May 2024
Receive and file the State Association of County Retirement Systems (SACRS) Legislative Update for May 2024.
Item 7 – Portfolio Allocation and Rebalancing Report––First Quarter 2024
Receive and file the Portfolio Allocation and Rebalancing Report for quarter ended March 31, 2024.
Item 8 – Monthly Report of Investment Activity—April 2024
Receive and file the Monthly Report of Investment Activity—April 2024.
Executive Reports
Item 9 – Chief Executive Officer’s Report – No Materials
Item 10 – Chief Investment Officer’s Report – No Materials
Item 11 – Chief Benefits Officer’s Report – No Materials
Benefit Matters
Item 12 – Error Correction Policy
Approve amendments to Error Correction Policy for clarity and conformity with IRS regulations.
Administrative Matters
Item 13 – Cash Management Policy
Amend Cash Management Policy to establish parameters for cash held in County’s Pooled Investment Fund.
Investment Matters
Item 14 – Total Fund Investment Performance Report—First Quarter 2024
Receive and file the SCERS Total Investment Performance Review report for the quarter ended March 31, 2024, as presented by Verus Advisory.
Item 15 – Education: Real Assets and Real Estate Asset Classes
Receive and file presentations on the Real Assets and Real Estate asset classes.
Other Matters
Item 16 – Comments from Members of the Board of Retirement – No Materials
Closed Session
Item 17 – CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION (confidential)
Pursuant 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., Sacramento County Superior Court Case No. 24CV007762.
Item 18 – CONFERENCE WITH LEGAL COUNSEL—ANTICIPATED LITIGATION (confidential)
Pursuant to Government Code Section 54956.9(d)(4), this session shall be closed for the Board to discuss amicus briefing in formally initiated litigation to which SCERS is not a party: Ventura County Employees’ Retirement Association v. Criminal Justice Attorneys Association of Ventura County, et al., California Supreme Court Case No. S283978.
Item 19 – PERSONNEL MATTERS—EMPLOYEE DISABILITY RETIREMENT APPLICATIONS (confidential)
Pursuant 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 4, above. This item will be withdrawn in whole or in part if approved on Consent as recommended by staff.
Adjournment​

Board Meeting April 17, 2024
2024-04-17 10:00
Agenda
Minutes
Open Session
Item 1 – Call to Order/Roll Call – No Materials
Item 2 – Public Comment – No Materials
Consent Matters
Item 3 – Minutes of the March 20, 2024 Regular Meeting
Approve the minutes of the March 20, 2024 Regular Meeting.
Item 4 – Disability Retirement Applications
Adopt Staff’s recommendations for the following Disability Retirement Applications:
Item 4A – POMPEI, Rhonda (Deputy Clerk III, Superior Court): Grant a non-service-connected disability retirement. (confidential)
Item 5 – Ratification of Service Retirement Application Approvals—March 2024
Ratify the service retirement applications that were finalized in March 2024.
Item 6 – State Association of County Retirement Systems Legislative Update—April 2024
Receive and file the State Association of County Retirement Systems (SACRS) Legislative Update for April 2024.
Item 7 – State Association of County Retirement Systems—Board of Directors Election
Approve the election of officers for the 2024-25 State Association of County Retirement Systems (SACRS) Board of Directors, as recommended by the SACRS Nominating Committee.
Item 8 – Board Policies
Re-affirm the following policies with minor, non-substantive amendments:
Item 8A – Missing Member/Beneficiary Location Policy
Item 8B – Recognized Retiree Organization Policy
Item 8C – Actuarial Funding Policy
Item 8D – Interest Crediting and Unallocated Earnings Policy
Item 9 – Quarterly CEO Delegated Authority Expense Report—First Quarter 2024
Receive and file the Quarterly CEO Delegated Authority Expense Report for the quarter ended March 31, 2024.
Item 10 – Quarterly Investment Manager Compliance and Watch List Report—First Quarter 2024
Receive and file the Quarterly Investment Manager Compliance and Watch List Report for the quarter ended March 31, 2024.
Item 11 – Monthly Report of Investment Activity—March 2024
Receive and file the Monthly Report of Investment Activity—March 2024
Executive Reports
Item 12 – Chief Executive Officer’s Report – No Materials
Item 13 – Chief Investment Officer’s Report – No Materials
Item 14 – Chief Benefits Officer’s Report – No Materials
Administrative Matters
Item 15 – Actuarial Smoothing Options
Receive and file presentation from Segal regarding actuarial smoothing options.
Item 16 – Annual Budget for Fiscal Year 2024-25
Approve an annual budget of approximately $21.5 million and 76 positions for fiscal year 2024-25.
Item 17 – Quarterly Strategic Management Plan Report—First Quarter 2024
Receive and file Quarterly Strategic Management Plan Report for the quarter ended March 31, 2024.
Item 18 – Quarterly Technology Report—First Quarter 2024
Receive and file Quarterly Technology Report for the quarter ended March 31, 2024.
Investment Matters
Item 19 – Education: Private Equity and Private Credit Asset Classes
Receive and file presentations on Private Equity and Private Credit asset classes.
Other Matters
Item 20 – Comments from Members of the Board of Retirement – No Materials
Closed Session
Item 21 – CONFERENCE WITH LEGAL COUNSEL—ANTICIPATED LITIGATION (confidential)
Pursuant to Government Code Section 54956.9(d)(2), this session shall be closed for the Board to discuss significant exposure to litigation to which SCERS may be a party in one (1) case.
Item 22 – PERSONNEL MATTERS—EMPLOYEE DISABILITY RETIREMENT APPLICATIONS (confidential)
Pursuant 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 4, above. This item will be withdrawn in whole or in part if approved on Consent as recommended by staff.
Adjournment​

Board Meeting March 20, 2024
2024-03-20 10:00
Agenda
Minutes
Open Session
Item 1 – Call to Order/Roll Call – No Materials
Item 2 – Public Comment – No Materials
Consent Matters
Item 3 – Minutes of the February 21, 2024 Regular Meeting
Approve the minutes of the February 21, 2024 Regular Meeting.
Item 4 – Disability Retirement Applications
Adopt Staff’s recommendations for the following Disability Retirement Applications:
Item 4A – LEAHY-GRAHAM, Megan (Assistant Deputy Clerk/Recorder, County Clerk/Recorder): Grant a non-service-connected disability retirement. (confidential)
Item 4B – ROBERTSON, Michael (Sheriff Sergeant, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 5 – Ratification of Service Retirement Application Approvals—February 2024
Ratify the service retirement applications that were finalized in February 2024.
Item 6 – State Association of County Retirement Systems Legislative Update—March 2024
Receive and file the State Association of County Retirement Systems (SACRS) Legislative Update for March 2024.
Item 7 – Board Policies
Approve amendments to or re-affirm the following Board Policies.
Item 7A – Alternative Asset Investment Standard of Care Policy
Item 7B – Board and Staff Trading Policy
Item 7C – Electronic Signatures Policy
Item 8 – Monthly Report of Investment Activity—March 2024
Receive and file the Monthly Report of Investment Activity—March 2024
Executive Reports
Item 9 – Chief Executive Officer’s Report – No Materials
Item 10 – Chief Investment Officer’s Report – No Materials
Item 11 – Chief Benefits Officer’s Report – No Materials
Administrative Matters
Item 12 – CEO Delegated Authority Policy for Expenses
Approve amendments to CEO Delegated Authority Policy for Expenses regarding travel reimbursement and other clarifications.
Item 13 – 2024-25 Budget Preview
Receive and file presentation regarding anticipated changes in SCERS’ 2024-25 annual budget.
Investment Matters
Item 14 – Global Equity: Manager Recommendation
Approve an investment of approximately $130 million with Arrowstreet Capital LP (ACWI Alpha Extension 130/30/20 strategy) and authorize the Chief Executive Officer to execute any necessary documents or agreements; and, authorize Staff to determine the most effective method for transitioning assets and execute any necessary documents or agreements to effectuate the transition of assets.
Item 15 – Proxy Voting Policy
Approve amendments to Proxy Voting Policy to permit investment managers to vote proxies on SCERS’ behalf in certain circumstances.
Item 16 – Annual Investment Operations Report
Receive and file Annual Investment Operations Report for 2023.
Item 17 – Quarterly Investment Performance Report—Alternative Assets
Receive and file the performance report for the periods ended December 31, 2023 for the Absolute Return portfolio, and the periods ended September 30, 2023 for the Private Equity, Private Credit, and Real Assets portfolios, as presented by Cliffwater, LLC.
Item 18 – Quarterly Investment Performance Report—Real Estate
Receive and file the performance report on real estate investments for the quarter ended December 31, 2023, as presented by Townsend Group.
Item 19 – Education: Absolute Return Asset Class
Receive and file presentation on Absolute Return asset class.
Other Matters
Item 20 – Comments from Members of the Board of Retirement – No Materials
Closed Session
Item 21 – CONFERENCE WITH LEGAL COUNSEL—ANTICIPATED LITIGATION (confidential)
Pursuant to Government Code Section 54956.9(d)(2), this session shall be closed for the Board to discuss significant exposure to litigation to which SCERS may be a party in one (1) case.
Item 22 – PERSONNEL MATTERS—EMPLOYEE DISABILITY RETIREMENT APPLICATIONS (confidential)
Pursuant 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 4, above. This item will be withdrawn in whole or in part if approved on Consent as recommended by staff.
Adjournment​

Board Meeting February 21, 2024
2024-02-21 10:00
Agenda
Minutes
Open Session
Item 1 – Call to Order/Roll Call – No Materials
Item 2 – Public Comment – No Materials
Consent Matters
Item 3 – Minutes of the January 17, 2024 Regular Meeting
Approve the minutes of the January 17, 2024 Regular Meeting.
Item 4 – Disability Retirement Applications
Adopt Staff’s recommendations for the following Disability Retirement Applications:
Item 4A – ALEJANDRE, Victor (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 4B – ALLEN, Heather (Human Services Social Worker, Department of Human Assistance): Grant a non-service-connected disability retirement. (confidential)
Item 4C – FREITAS, Trenton (Code Enforcement Officer II, Code Enforcement): Grant a service-connected disability retirement. (confidential)
Item 4D – LOPEZ, Eduardo (Assistant Probation Officer, Probation Department): Grant a service-connected disability retirement. (confidential)
Item 4E – MARTINEZ, Elliott (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 4F – PEOPLES, Cory (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement with corrected effective date. (confidential)
Item 4G – REDDING, Julie (Sheriff’s Security Officer, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 5 – Ratification of Service Retirement Application Approvals—January 2024
Ratify the service retirement applications that were finalized in January 2024.
Item 6 – State Association of County Retirement Systems Legislative Update—February 2024
Receive and file the State Association of County Retirement Systems (SACRS) Legislative Update for February 2024.
Item 7 – Annual Cost-of-Living Adjustment (COLA)
Approve COLA adjustments effective April 1, 2024.
Item 8 – Portfolio Allocation and Rebalancing Report—Fourth Quarter 2023
Receive and file the Portfolio Allocation and Rebalancing Report for quarter ended December 31, 2023.
Item 9 – Monthly Report of Investment Activity—January 2024
Receive and file the Monthly Report of Investment Activity for January 2024.
Executive Reports
Item 10 – Chief Executive Officer’s Report – No Materials
Item 11 – Chief Investment Officer’s Report – No Materials
Item 12 – Chief Benefits Officer’s Report – No Materials
Administrative Matters
Item 13 – Strategic Management Plan Annual Report
Receive and file the Strategic Management Plan Annual Report for 2023​.
Item 14 – Sacramento Area Sewer District Pension Protection Act
Approve a “support, if amended” position on legislation regarding the allocation of pension assets and liabilities, and treatment of pension benefits, for the reorganized Sacramento Area Sewer District
Benefit Matters
Item 15 – Administrative Appeals Policy
Approve amendments to SCERS’ Appeal of SCERS’ Administrative Decision Policy.
Investment Matters
Item 16 – Master Investment Policy Statement
Approve amendments to the Master Investment Policy Statement regarding investment considerations involving environmental, social, and governance factors.
Item 17 – Dedicated Cash Allocation—Implementation Strategy
Reallocate dedicated cash allocation from State Street Demand Deposit Account to State Street Government Short Term Investment Fund.
Item 18 – Securities Litigation Policy
Approve amendments to Securities Litigation Policy.
Item 19 – Consultant Contract Timelines
Receive and file report on contract terms for consultant relationships.
Item 20 – Total Fund Investment Performance Review Report—Fourth Quarter 2023
Receive and file the SCERS Total Investment Performance Review report, prepared by Verus Advisory, for the quarter ended December 31, 2023.
Item 21 – Education: Global Equity and Fixed Income Asset Classes
Receive and file presentations on Global Equity and Fixed Income asset classes.
Other Matters
Item 22 – Comments from Members of the Board of Retirement – No Materials
Closed Session
Item 23 – CONFERENCE WITH LEGAL COUNSEL—ANTICIPATED LITIGATION (confidential)
Pursuant to Government Code Section 54956.9(d)(2), this session shall be closed for the Board to discuss significant exposure to litigation to which SCERS may be a party in one (1) case.
Item 24 – PERSONNEL MATTERS—EMPLOYEE DISABILITY RETIREMENT APPLICATIONS (confidential)
Pursuant 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 4, above. This item will be withdrawn in whole or in part if approved on Consent as recommended by staff.
Adjournment​

Board Meeting January 17, 2024
2024-01-17 10:00
Agenda
Minutes
Open Session
Item 1 – Call to Order/Roll Call – No Materials
Item 2 – Public Comment – No Materials
Consent Matters
Item 3 – Minutes of the December 6, 2023 Regular Meeting
Recommendation to approve the minutes of the December 6, 2023 Regular Meeting.
Item 4 – Disability Retirement Applications
Recommendation to adopt Staff’s recommendations for the following Disability Retirement Applications:
Item 4A – AAKHUS, James (Senior Highway Maintenance Worker, Department of Transportation): Grant a service-connected disability retirement. (confidential)
Item 4B – BEESON, Cambron (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 4C – CAMPOY, Joseph (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 4D – GIL, Stephanie (Sheriff Communication Dispatcher II, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 4E – NEWLAND, Colleen (Sheriff’s Community Services Officer, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 4F – OLIVES, Tosca (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 4G – PEOPLES, Cory (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 4H – REYES, Carlos (Deputy Sheriff, Sheriff’s Department): Grant a service-connected disability retirement. (confidential)
Item 4I – SNOW, Kent (Airport Operations Worker, Airports): Grant a non-service-connected disability retirement. (confidential)
Item 4J – SILVA, Richard (Maintenance and Operations Assistant, Sacramento Area Sewer District): Deny a service-connected disability retirement. (confidential)
Item 5 – Felony Forfeiture Review
Adopt Staff’s recommendation for the following Felony Forfeiture Review​:
Item 5A – MARIN, Edward (Human Services Specialist, Department of Human Assistance): Finding of no forfeiture.
Item 6 – Ratification of Service Retirement Application Approvals—November and December 2023
Ratify the service retirement applications that were finalized in November and December 2023.
Item 7 – State Association of County Retirement Systems Legislative Update—January 2024
Receive and file the State Association of County Retirement Systems (SACRS) Legislative Update for January 2024.
Item 8 – Annual Board Education Compliance Report
Receive and file the annual Board Education Compliance Report for 2023.
Item 9 – Quarterly CEO Delegated Authority Expense Report—Fourth Quarter 2023
Receive and file the Quarterly CEO Delegated Authority Expense Report for quarter ended December 31, 2023.
Item 10 – Annual Comprehensive Financial Report
Receive and file the SCERS Annual Comprehensive Financial Report (the ACFR) based on the audited financial statements and auditor reports as of and for the fiscal year ended June 30, 2023, issued by SCERS’ independent auditor, Brown Armstrong Accountancy Corporation (Brown Armstrong).
Item 11 – Board Policies
Re-affirm the following policies with no substantive changes:
Item 11A – CEO Performance Evaluation Policy
Item 11B – Retirement Board Election Policy
Item 11C – Subrogation Claims Policy
Item 11D – Board and Staff Personal Information Policy
Item 12 – Quarterly Investment Manager Compliance and Watch List Report—Fourth Quarter 2023
Receive and file the Quarterly Investment Manager Compliance and Watch List Report for the quarter ended December 31, 2023.
Item 13 – Monthly Report of Investment Activity—December 2023
Receive and file the Monthly Report of Investment Activity for December 2023​.
Executive Reports
Item 14 – Chief Executive Officer’s Report – No Materials
Item 15 – Chief Investment Officer’s Report – No Materials
Item 16 – Chief Benefits Officer’s Report – No Materials
Investment Matters
Item 17 – Investment Counsel Legal Services Agreement
Approve an extension of legal services agreement with Foley & Lardner LLP through January 31, 2027, in an amount not to exceed a total of $825,000 and authorize the CEO to execute any necessary documents​.
Item 18 – Master Investment Policy Statement
Amend Master Investment Policy Statement regarding investment considerations involving environmental, social, and governance factors​.
Item 19 – Education: ALM Study Overview
Receive and file the Asset Liability Modeling (ALM) Study Overview education presentation by SCERS’ staff and general investment consultant, Verus Advisory.
Administrative Matters
Item 20 – Litigation Counsel Legal Services Agreement
Approve amendment to legal services agreement with Nossaman LLP to increase the annual fiscal year not-to-exceed amount from $675,000 to $875,000 and authorize the CEO to execute any necessary documents.
Other Matters
Item 21 – Comments from Board Members of the Board of Retirement – No Materials
Closed Session
Item 22 – Conference with Legal Counsel – Anticipated Litigation (confidential)
Pursuant to Government Code Section 54956.9(d)(2), this session shall be closed for the Board to discuss significant exposure to litigation to which SCERS may be a party in one (1) case.
Item 23 – Conference with Legal Counsel – Anticipated Litigation (confidential)
Ventura County Employees’ Retirement Association v. Criminal Justice Attorneys Association of Ventura County, et al. Second District Court of Appeals Case No. B325277 Pursuant to Government Code Section 54956.9(d)(4), this session shall be closed for the Board to discuss a request for publication of opinion.
Item 24 – Personnel Matters – Employee Disability Retirement Applications (confidential)
Pursuant 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 4, above. This item will be withdrawn in whole or in part if approved on Consent as recommended by staff.
