Board Meeting June 17, 2026
Wednesday, June 17, 2026
10:00 am
Please note the location change.
This meeting will take place at the Sacramento Metropolitan Fire at 10545 Armstrong Avenue, Suite 200.
If you wish to watch the meeting, you can connect using Zoom here. You can only address the Board in person.
Item 1 – Call to Order/Roll Call – No Materials
Item 2 – Public Comment – No Materials
Consent Matters
Item 3 – Minutes of the May 20, 2026 Regular Meeting
Approve the minutes of the May 20, 2026 Regular Meeting.
Item 4 – Disability Retirement Applications
Adopt Staff’s recommendations for the following Disability Retirement Applications:
Item 4A – GREWAL, Ravinder (Sheriff Records Officer I, Sacramento County Sheriff’s Department): Grant a service-connected disability retirement.
Adopt Proposed Decision of Administrative Law Judge for the following Disability Retirement Application:
Item 4B – CASTANON, Gilbert (Assistant Probation Officer, Sacramento County Probation Department): Grant a service-connected disability retirement.
Item 5 – Ratification of Service Retirement Application Approvals—May 2026
Ratify the service retirement applications that were finalized in May 2026.
Item 6 – State Association of County Retirement Systems Legislative Update—June 2026
Receive and file the State Association of County Retirement Systems (SACRS) Legislative Update for June 2026.
Item 7 – 2026-27 Employer Contribution Prepayments
Approve Sacramento County and Sacramento Area Sewer District’s intent to prepay the employer contribution for the 2026-27 fiscal year, and additional Sacramento Metropolitan Fire District unfunded liability payment for 2026-27.
Item 8 – Monthly Report of Investment Activity—May 2026
Receive and file the Monthly Report of Investment Activity for May 2026.
Item 9 – Report of Closed Session Action
Receive and file report of closed session action regarding the purchase or sale of pension fund investments.
Executive Reports
Item 10 – Chief Executive Officer’s Report (no action requested)
Item 11 – Chief Investment Officer’s Report (no action requested)
Item 12 – Chief Benefits Officer’s Report (no action requested)
Administrative Matters
Item 13 – Actuarial Assumptions
Discuss potential actuarial assumption changes, contribution-rate impacts, and considerations as part of the upcoming Experience Study.
Item 14 – Technology Services
Authorize the Chief Executive Officer to extend the contract with QualApps for technology development and advisory services through June 30, 2028, in an amount not to exceed $1.8 million.
Item 15 – Accounting System Software
Authorize the Chief Executive Officer to execute an agreement with Sikich for Microsoft Dynamics 365 Business Central implementation services and first-year software licensing in an amount not to exceed $400,000.
Item 16 – Business Continuity Report
Receive and file Business Continuity Report regarding temporary building closure at 980 9th Street during April-June 2026.
Investment Matters
Item 17 – Alternative Assets Consultant
Authorize the Chief Executive Officer to amend the alternative assets consultant contract with Cliffwater, LLC through June 30, 2028, with expenditures not to exceed $1,000,000 over the two-year period.
Item 18 – Investment Performance Report—Alternative Assets
Receive and file the Investment Performance Report for the quarter ended March 31, 2026 for the Absolute Return portfolio, and the quarter ended December 31, 2025 for the Private Equity, Private Credit, and Real Assets portfolios, as presented by Cliffwater, LLC.
Item 19 – Investment Performance Report—Real Estate
Receive and file Investment Performance Report on real estate investments for the quarter ended March 31, 2026, as presented by Townsend Group.
Other Matters
Item 20 – Comments from Members of the Board of Retirement
Closed Session
Item 21 – 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 22 – 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 4, above. This item will be withdrawn in whole or in part if approved on Consent as recommended by staff.