BOARD OF ADMINISTRATION - Meeting of Federated City Employees' Retirement System and Federated City Employees' Health Care Trust on 8/20/2026 at 8:30 AM

14-10996

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10996
Ver.: 1
Agenda #: A.
Type: CLOSED SESSION NEW BUSINESS
Title: CLOSED SESSION: PUBLIC EMPLOYEE PERFORMANCE EVALUATION PURSUANT TO GOVERNMENT CODE SECTION 54957(b)(1). Position: Chief Investment Officer.
Action:
Result:

14-10997

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10997
Ver.: 1
Agenda #: B.
Type: CLOSED SESSION NEW BUSINESS
Title: CLOSED SESSION: PUBLIC EMPLOYEE PERFORMANCE EVALUATION PURSUANT TO GOVERNMENT CODE SECTION 54957(b)(1). Position: Chief Executive Officer.
Action:
Result:

14-10998

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10998
Ver.: 1
Agenda #: C.
Type: CLOSED SESSION NEW BUSINESS
Title: CLOSED SESSION: CONFERENCE WITH LABOR NEGOTIATORS PURSUANT TO GOVERNMENT CODE SECTION 54957.6(a). Agency designated representatives: To be determined in open session at the meeting.
Action:
Result:

14-10950

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10950
Ver.: 1
Agenda #: a.
Type: Service Retirement
Title: Tie Feng, Wastewater Facility Senior Engineer, Environmental Services Department, effective August 15, 2026; 7.46* years of service.
Action:
Result:

14-10953

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10953
Ver.: 1
Agenda #: b.
Type: Service Retirement
Title: Jeffrey A. Gomez, Parks Manager, Parks, Recreation and Neighborhood Services, effective August 29, 2026; 35.11* years of service.
Action:
Result:

14-10954

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10954
Ver.: 1
Agenda #: c.
Type: Service Retirement
Title: Maria C. Guerrero, Accounting Technician, Finance Department, effective August 15, 2026; 28.24* years of service.
Action:
Result:

14-10981

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10981
Ver.: 1
Agenda #: d.
Type: Service Retirement
Title: Eddie M. Jalalli, Parking Control Officer, Department of Transportation, effective September 15, 2026; 25.30* years of service.
Action:
Result:

14-10960

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10960
Ver.: 1
Agenda #: e.
Type: Service Retirement
Title: Kevin B. Kilmer, Building Inspector Combination/Certified Senior, Planning, Building and Code Enforcement, effective August 29, 2026; 13.30* years of service.
Action:
Result:

14-10972

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10972
Ver.: 1
Agenda #: f.
Type: Service Retirement
Title: Sandra Leffler, Police Radio Dispatcher, Police Department, effective September 12, 2026; 22.19* years of service.
Action:
Result:

14-10957

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10957
Ver.: 1
Agenda #: g.
Type: Service Retirement
Title: Jennifer T. Luong, Supervising Applications Analyst, Information Technology Department, effective August 22, 2026; 28.01* years of service.
Action:
Result:

14-10971

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10971
Ver.: 1
Agenda #: h.
Type: Service Retirement
Title: Sally Ortiz, Principal Office Specialist, Human Resources Department, effective September 12, 2026; 27.28* years of service.
Action:
Result:

14-10965

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10965
Ver.: 1
Agenda #: i.
Type: Service Retirement
Title: Karen Parker, Senior Office Specialist, Information Technology Department, effective September 12, 2026; 6.46* years of service.
Action:
Result:

14-11077

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11077
Ver.: 1
Agenda #: j.
Type: Service Retirement
Title: Bernalu Rosales, Community Service Supervisor, Parks, Recreation and Neighborhood Services, effective August 15, 2026; 27.76* years of service.
Action:
Result:

14-10994

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10994
Ver.: 1
Agenda #: a.
Type: Deferred Vested
Title: Mohammed I. Hill, Deputy City Attorney, City Attorney’s Office, effective August 7, 2026; 9.72* years of service. (With Reciprocity - 5.58 CSJ + 4.13 CalPERS = 9.72 YOS)
Action:
Result:

14-11064

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11064
Ver.: 1
Agenda #: b.
Type: Deferred Vested
Title: Richard T. Johnson, Senior Latent Fingerprint Examiner, Police Department, effective July 1, 2026; 29.62* years of service. (With Reciprocity - 3.57 CSJ + 26.05 PERS = 29.62 YOS)
Action:
Result:

14-10939

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10939
Ver.: 1
Agenda #: c.
Type: Deferred Vested
Title: Claudia Lopez, Community Coordinator, Office of Economic Development, effective June 24, 2026; 9.34* years of service.
Action:
Result:

14-10973

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10973
Ver.: 1
Agenda #: d.
Type: Deferred Vested
Title: Kimberlie Reckas, Senior Office Specialist, Police Department, effective July 25, 2026; 27.92* years of service. (With Reciprocity - 23.92 CSJ + 4.00 PERS = 27.92 YOS)
Action:
Result:

14-10967

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10967
Ver.: 1
Agenda #: e.
Type: Deferred Vested
Title: Rodney E. Weathers, Building Inspector Combination Certified I, Planning, Building and Code Enforcement, effective July 25, 2026; 6.68* years of service. (With Reciprocity - 1.67 CSJ + 5.00 PERS = 6.68 YOS)
Action:
Result:

14-10928

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-10928
Ver.: 1
Agenda #: a.
Type: Board Minutes Approval
Title: Approval of the Board Minutes of June 18, 2026.
Action:
Result:

14-10929

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-10929
Ver.: 1
Agenda #: a.
Type: Return Contributions
Title: Voluntary | Involuntary
Action:
Result:

14-10930

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-10930
Ver.: 1
Agenda #: a.
Type: Communication and Information Report
Title: Report of the Monthly Board Expenses for May 2026. Receive and file.
Action:
Result:

14-10990

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-10990
Ver.: 1
Agenda #: b.
Type: Communication and Information Report
Title: Request for Consideration of Reasonable Good Cause for Trustee Chandra’s absence.
Action:
Result:

14-11063

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11063
Ver.: 1
Agenda #: c.
Type: Communication and Information Report
Title: Report out of Closed Session from February 20, 2025 Federated Board Meeting Regarding Existing Litigation (Government Code Section 54956.9(d)(4)). LACERA v. County of Los Angeles - Supreme Court of California.
Action:
Result:

14-11074

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11074
Ver.: 1
Agenda #: d.
Type: Communication and Information Report
Title: Notification to the Board pursuant to Paragraph 37 of the CEO Charter: Contract with EnvestHub, Inc., entered into by the CEO on behalf of the San José Federated City Employees’ Retirement System, for a term of two years, for a total of $44,000, shared 50/50 with the San José Police and Fire Department Retirement Plan.
Action:
Result:

14-11079

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11079
Ver.: 1
Agenda #: e.
Type: Communication and Information Report
Title: City Council Adopted Resolution #RES2026-210 on June 16, 2026 - Approved changes to Compensation and Benefits for Executive Management and Professional Employees (Unit 99) for Fiscal Years 2026-2027, 2027-2028, and 2028-2029, effective June 21, 2026.
Action:
Result:

14-10948

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-10948
Ver.: 1
Agenda #: f.
Type: Communication and Information Report
Title: Anurag Chandra, Trustee Self-study materials listed below for a total cost of $1.00 for the initial four-week trial period, after which the subscription will continue at the standard rate of $45.00 per month, pursuant to Paragraph 5(f) of the Federated Board Education Policy: · Monthly Subscription to the Financial Times
Action:
Result:

14-11081

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11081
Ver.: 1
Agenda #: a.
Type: Travel/Conference Attendance
Title: Matthew Faulkner, Vice Chair · MarketsGroup ALTSSF, San Francisco, CA, September 9 - 10, 2026.
Action:
Result:

14-10959

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-10959
Ver.: 1
Agenda #: b.
Type: Travel/Conference Attendance
Title: John Flynn, CEO · CALAPRS Administrators Institute, Carmel, CA, September 22 - 25, 2026.
Action:
Result:

14-11084

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11084
Ver.: 1
Agenda #: c.
Type: Travel/Conference Attendance
Title: Spencer Horowitz, Chair · Fiduciary Investors Symposium 2026, Stanford, CA, September 15 - 16, 2026.
Action:
Result:

14-10958

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-10958
Ver.: 1
Agenda #: d.
Type: Travel/Conference Attendance
Title: Reimbursements · 2026 Milken Institute Global Conference, Beverly Hills, CA, May 3 - 6, 2026 - Anurag Chandra. · NCPERS Chief Officers Summit 2026, Newport Beach, CA, June 15 - 16, 2026 - John Flynn.
Action:
Result:

14-10931

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-10931
Ver.: 1
Agenda #: a.
Type: Investments
Title: Oral update from the CIO of Retirement Services, Jay Kwon.
Action:
Result:

14-11075

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11075
Ver.: 1
Agenda #: b.
Type: Investments
Title: Presentation and discussion of asset liability study by Meketa Investments.
Action:
Result:

14-11076

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11076
Ver.: 1
Agenda #: a.
Type: Item
Title: Discussion and action to recommend compensation range adjustments for Investment Team classifications to the City Council and appoint a board representative.
Action:
Result:

14-10932

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-10932
Ver.: 1
Agenda #: a.
Type: Item
Title: Oral update from the CEO of Retirement Services, John Flynn.
Action:
Result:

14-10933

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-10933
Ver.: 1
Agenda #: b.
Type: Item
Title: Oral update from the City Council Liaison to the Board.
Action:
Result:

14-10999

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-10999
Ver.: 1
Agenda #: c.
Type: Item
Title: Discussion and action of the appointment of a Labor Negotiator for the Chief Executive Officer position.
Action:
Result:

14-11000

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11000
Ver.: 1
Agenda #: d.
Type: Item
Title: Discussion and action of the appointment of a Labor Negotiator for the Chief Investment Officer position.
Action:
Result:

14-10945

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-10945
Ver.: 1
Agenda #: e.
Type: Item
Title: Discussion and action on the Proposed 2027 Board and Standing Committee Meetings Schedule.
Action:
Result:

14-11013

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11013
Ver.: 1
Agenda #: f.
Type: Item
Title: Discussion and action to approve the deletion of the Executive Assistant position and the addition of a Senior Supervisor, Administration position within the Administration Division.
Action:
Result:

14-11082

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11082
Ver.: 1
Agenda #: g.
Type: Item
Title: Discussion and action on appointing an alternative trustee to the Joint Ad Hoc Budget Committee established at the June 18, 2026 board meeting.
Action:
Result:

14-11014

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11014
Ver.: 1
Agenda #: h.
Type: Item
Title: Discussion on ADA Title II and Web Content Accessibility Guidelines (WCAG) requirements for Board meetings, presented by John Flynn, CEO.
Action:
Result:

14-11073

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11073
Ver.: 1
Agenda #: i.
Type: Item
Title: Discussion on Strategic Initiative 2.4.1 Membership Voice Survey, presentation by John Flynn, CEO.
Action:
Result:

14-10934

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10934
Ver.: 1
Agenda #: a.
Type: Item
Title: Oral update from the Chair of the Investment Committee.
Action:
Result:

14-10935

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10935
Ver.: 1
Agenda #: a.
Type: Item
Title: Oral update from the Chair of the Audit/Risk Committee.
Action:
Result:

14-10936

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10936
Ver.: 1
Agenda #: a.
Type: Item
Title: Oral update from the Chair of the Governance Committee. · Discussion and action on updates to the Governance Review Roadmap. · Discussion on launch of new Governance Document sites. · Discussion and action to recommend adoption of Q2’26 Policy Update: Board of Administration Charter. · Discussion and action to recommend adoption of Q2’26 Policy Update: CEO Performance Evaluation Policy. · Discussion and action to recommend adoption of Q2’26 Policy Update: CIO Performance Evaluation Policy. · Discussion on Q3’26 policies: CEO Charter, CIO Charter, Board Education Policy.
Action:
Result:

14-11015

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11015
Ver.: 1
Agenda #: b.
Type: Item
Title: Minutes of Joint Governance Committee meeting from March 18, 2026. Receive and file.
Action:
Result:

14-11016

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-11016
Ver.: 1
Agenda #: c.
Type: Item
Title: Discussion and action on updates to the FY 2026 - 2027 Governance Review Roadmap.
Action:
Result:

14-11017

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-11017
Ver.: 1
Agenda #: d.
Type: Item
Title: Discussion and action to approve the updated Board of Administration Charter.
Action:
Result:

14-11018

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-11018
Ver.: 1
Agenda #: e.
Type: Item
Title: Discussion and action to approve the updated CEO Performance Evaluation Policy.
Action:
Result:

14-11019

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-11019
Ver.: 1
Agenda #: f.
Type: Item
Title: Discussion and action to approve the updated CIO Performance Evaluation Policy.
Action:
Result:

14-10937

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10937
Ver.: 1
Agenda #: a.
Type: Item
Title: Oral update from the Chair of the Disability Committee.
Action:
Result:

14-10938

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10938
Ver.: 1
Agenda #: a.
Type: Item
Title: Oral update from the Vice Chair of the Joint Personnel Committee.
Action:
Result:

14-10949

Wed, 12 Aug 2026 22:44:47 GMT

File #: 14-10949
Ver.: 1
Agenda #: a.
Type: Item
Title: Oral update from the Joint Budget Ad Hoc Committee.
Action:
Result:

14-10925

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-10925
Ver.: 1
Agenda #: a.
Type: Education & Training
Title: CALAPRS 2026 Program Calendar.
Action:
Result:

14-10926

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-10926
Ver.: 1
Agenda #: b.
Type: Education & Training
Title: Quarterly Trustee Education Opportunities Report.
Action:
Result:

14-11083

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11083
Ver.: 1
Agenda #: c.
Type: Education & Training
Title: CALAPRS Virtual Trustees Roundtable, October 2, 2026.
Action:
Result:

14-11070

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11070
Ver.: 1
Agenda #: d.
Type: Education & Training
Title: NCPERS Fiduciary in Focus Workshop, Nashville, TN, October 24 - 25, 2026.
Action:
Result:

14-11071

Wed, 12 Aug 2026 22:44:48 GMT

File #: 14-11071
Ver.: 1
Agenda #: e.
Type: Education & Training
Title: SACRS Annual Fall Conference 2026, Rancho Mirage, CA, November 10 - 13, 2026.
Action:
Result: