BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//Sacramento County Employees' Retirement System - SCERS - ECPv6.15.20//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:Sacramento County Employees' Retirement System - SCERS
X-ORIGINAL-URL:https://www.scers.gov
X-WR-CALDESC:Events for Sacramento County Employees' Retirement System - SCERS
REFRESH-INTERVAL;VALUE=DURATION:PT1H
X-Robots-Tag:noindex
X-PUBLISHED-TTL:PT1H
BEGIN:VTIMEZONE
TZID:America/Los_Angeles
BEGIN:DAYLIGHT
TZOFFSETFROM:-0800
TZOFFSETTO:-0700
TZNAME:PDT
DTSTART:20230312T100000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:-0700
TZOFFSETTO:-0800
TZNAME:PST
DTSTART:20231105T090000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:-0800
TZOFFSETTO:-0700
TZNAME:PDT
DTSTART:20240310T100000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:-0700
TZOFFSETTO:-0800
TZNAME:PST
DTSTART:20241103T090000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:-0800
TZOFFSETTO:-0700
TZNAME:PDT
DTSTART:20250309T100000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:-0700
TZOFFSETTO:-0800
TZNAME:PST
DTSTART:20251102T090000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=America/Los_Angeles:20240117T100000
DTEND;TZID=America/Los_Angeles:20240117T100000
DTSTAMP:20260430T100044
CREATED:20260304T221012Z
LAST-MODIFIED:20260304T221019Z
UID:10000077-1705485600-1705485600@www.scers.gov
SUMMARY:Board Meeting January 17\, 2024
DESCRIPTION:Agenda\nMinutes \nOpen Session\nItem 1 – Call to Order/Roll Call – No Materials \nItem 2 – Public Comment – No Materials \nConsent Matters\nItem 3 – Minutes of the December 6\, 2023 Regular Meeting\nRecommendation to approve the minutes of the December 6\, 2023 Regular Meeting. \nItem 4 – Disability Retirement Applications\nRecommendation to adopt Staff’s recommendations for the following Disability Retirement Applications: \nItem 4A – AAKHUS\, James (Senior Highway Maintenance Worker\, Department of Transportation):  Grant a service-connected disability retirement. (confidential) \nItem 4B – BEESON\, Cambron (Deputy Sheriff\, Sheriff’s Department):  Grant a service-connected disability retirement. (confidential) \nItem 4C – CAMPOY\, Joseph (Deputy Sheriff\, Sheriff’s Department): Grant a service-connected disability retirement. (confidential) \nItem 4D – GIL\, Stephanie (Sheriff Communication Dispatcher II\, Sheriff’s Department): Grant a service-connected disability retirement. (confidential) \nItem 4E – NEWLAND\, Colleen (Sheriff’s Community Services Officer\, Sheriff’s Department): Grant a service-connected disability retirement. (confidential) \nItem 4F – OLIVES\, Tosca (Deputy Sheriff\, Sheriff’s Department): Grant a service-connected disability retirement. (confidential) \nItem 4G – PEOPLES\, Cory (Deputy Sheriff\, Sheriff’s Department): Grant a service-connected disability retirement. (confidential) \nItem 4H – REYES\, Carlos (Deputy Sheriff\, Sheriff’s Department): Grant a service-connected disability retirement. (confidential) \nItem 4I – SNOW\, Kent (Airport Operations Worker\, Airports): Grant a non-service-connected disability retirement. (confidential) \nItem 4J – SILVA\, Richard (Maintenance and Operations Assistant\, Sacramento Area Sewer District): Deny a service-connected disability retirement. (confidential) \nItem 5 – Felony Forfeiture Review\nAdopt Staff’s recommendation for the following Felony Forfeiture Review​: \nItem 5A – MARIN\, Edward (Human Services Specialist\, Department of Human Assistance): Finding of no forfeiture. \nItem 6 – Ratification of Service Retirement Application Approvals—November and December 2023\nRatify the service retirement applications that were finalized in November and December 2023. \nItem 7 – State Association of County Retirement Systems Legislative Update—January 2024\nReceive and file the State Association of County Retirement Systems (SACRS) Legislative Update for January 2024. \nItem 8 – Annual Board Education Compliance Report\nReceive and file the annual Board Education Compliance Report for 2023. \nItem 9 – Quarterly CEO Delegated Authority Expense Report—Fourth Quarter 2023\nReceive and file the Quarterly CEO Delegated Authority Expense Report for quarter ended December 31\, 2023. \nItem 10 – Annual Comprehensive Financial Report\nReceive 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). \nItem 11 – Board Policies\nRe-affirm the following policies with no substantive changes: \nItem 11A – CEO Performance Evaluation Policy \nItem 11B – Retirement Board Election Policy \nItem 11C – Subrogation Claims Policy \nItem 11D – Board and Staff Personal Information Policy \nItem 12 – Quarterly Investment Manager Compliance and Watch List Report—Fourth Quarter 2023\nReceive and file the Quarterly Investment Manager Compliance and Watch List Report for the quarter ended December 31\, 2023. \nItem 13 – Monthly Report of Investment Activity—December 2023\nReceive and file the Monthly Report of Investment Activity for December 2023​. \nExecutive Reports\nItem 14 – Chief Executive Officer’s Report – No Materials \nItem 15 – Chief Investment Officer’s Report – No Materials \nItem 16 – Chief Benefits Officer’s Report – No Materials \nInvestment Matters\nItem 17 – Investment Counsel Legal Services Agreement\nApprove 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​. \nItem 18 – Master Investment Policy Statement\nAmend Master Investment Policy Statement regarding investment considerations involving environmental\, social\, and governance factors​.  \nItem 19 – Education: ALM Study Overview\nReceive and file the Asset Liability Modeling (ALM) Study Overview education presentation by SCERS’ staff and general investment consultant\, Verus Advisory. \nAdministrative Matters\nItem 20 – Litigation Counsel Legal Services Agreement\nApprove 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. \nOther Matters\nItem 21 – Comments from Board Members of the Board of Retirement – No Materials \nClosed Session\nItem 22 – Conference with Legal Counsel – Anticipated Litigation (confidential)\nPursuant 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. \nItem 23 – Conference with Legal Counsel – Anticipated Litigation (confidential)\nVentura 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. \nItem 24 – Personnel Matters – Employee Disability Retirement Applications (confidential)\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 4\, above. This item will be withdrawn in whole or in part if approved on Consent as recommended by staff.
URL:https://www.scers.gov/event/board-meeting-january-17-2024/
LOCATION:SCERS Board Room\, 980 9th Street\, Sacramento\, CA\, 95814
CATEGORIES:Board Meetings
END:VEVENT
END:VCALENDAR