BOARD OF ADMINISTRATION - Meeting of Police & Fire Department Retirement Plan and Health Care Trust on 5/1/2025 at 9:00 AM

14-9209

Fri, 16 May 2025 17:38:11 GMT

File #: 14-9209
Ver.: 1
Agenda #: A.
Type: Item
Title: CLOSED SESSION: CONFERENCE WITH LEGAL COUNSEL - PENDING LITIGATION PURSUANT TO GOVERNMENT CODE SECTION 54956.9(a). Robnett v. City of San Jose, et al., Northern District Court of California, Case No. 5:24-cv-02385-NC.
Action:
Result:

14-9151

Fri, 16 May 2025 17:38:11 GMT

File #: 14-9151
Ver.: 1
Agenda #: a.
Type: Board Minutes Approval
Title: Approval of the Board Minutes of April 3, 2025.
Action:
Result:

14-9238

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9238
Ver.: 1
Agenda #: b.
Type: Item
Title: Reimbursements · Andrew Gardanier - Pension Bridge The Annual 2025, Ritz-Carlton, Half Moon Bay, CA, March 24-26, 2025. · Eswar Menon - Pension Bridge The Annual 2025, Ritz-Carlton, Half Moon Bay, CA, March 24-26, 2025. · Franco Vado - Pension Bridge The Annual 2025, Ritz-Carlton, Half Moon Bay, CA, March 24-26, 2025. · Howard Lee - Pension Bridge The Annual 2025, Ritz-Carlton, Half Moon Bay, CA, March 24-26, 2025.
Action:
Result:

14-9154

Wed, 01 Oct 2025 22:33:46 GMT

File #: 14-9154
Ver.: 1
Agenda #: a.
Type: Communication and Information Report
Title: Police and Fire Retirement System Dashboard.
Action:
Result:

14-9155

Wed, 01 Oct 2025 22:33:46 GMT

File #: 14-9155
Ver.: 1
Agenda #: b.
Type: Communication and Information Report
Title: Report of the Monthly Board Expenses for March 2025. Receive and file.
Action:
Result:

14-9156

Wed, 01 Oct 2025 22:33:46 GMT

File #: 14-9156
Ver.: 1
Agenda #: c.
Type: Communication and Information Report
Title: Q3 FY24-25 Budget to Actual Quarterly Budget Report.
Action:
Result:

14-9157

Wed, 01 Oct 2025 22:33:46 GMT

File #: 14-9157
Ver.: 1
Agenda #: d.
Type: Communication and Information Report
Title: ORS’s Quarterly Newsletter - The Retirement Connection: April 2025 Edition.
Action:
Result:

14-9158

Wed, 01 Oct 2025 22:33:46 GMT

File #: 14-9158
Ver.: 1
Agenda #: e.
Type: Communication and Information Report
Title: Educational Travel Reports: · Pension Bridge The Annual 2025, Ritz-Carlton, Half Moon Bay, CA, March 24-26, 2025 - by Andrew Gardanier. · Pension Bridge The Annual 2025, Ritz-Carlton, Half Moon Bay, CA, March 24-26, 2025 - by Howard Lee. · Pension Bridge The Annual 2025, Ritz-Carlton, Half Moon Bay, CA, March 24-26, 2025 - by Franco Vado. · Pension Bridge The Annual 2025, Ritz-Carlton, Half Moon Bay, CA, March 24-26, 2025 - by Eswar Menon.
Action:
Result:

14-9159

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9159
Ver.: 1
Agenda #: a.
Type: Education & Training
Title: The Cortex Report - May 2025, Conferences, Seminars and Educational Programs.
Action:
Result:

14-9160

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9160
Ver.: 1
Agenda #: b.
Type: Education & Training
Title: CALAPRS 2025 Program Calendar.
Action:
Result:

14-9161

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9161
Ver.: 1
Agenda #: c.
Type: Education & Training
Title: SACRS Annual Spring Conference 2025, Omni Rancho Palmas Resort & Spa, Rancho Mirage, CA, May 13 - 16, 2025.
Action:
Result:

14-9162

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9162
Ver.: 1
Agenda #: d.
Type: Education & Training
Title: NCPERS 2025 Trustee Educational Seminar, Westin Seattle, Seattle, WA, May 17 - 18, 2025.
Action:
Result:

14-9163

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9163
Ver.: 1
Agenda #: e.
Type: Education & Training
Title: NCPERS 2025 Annual Conference & Exhibition, Sheraton Denver Downtown Hotel, Denver, CO, May 18 - 21, 2025.
Action:
Result:

14-9166

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9166
Ver.: 1
Agenda #: a.
Type: Change of Retirement Applcation
Title: Approval for a change in effective date for Anthony R. Alfonzo, Police Sergeant, Police Department, from March 1, 2025, to May 10, 2025, for a service retirement approved at the February 6, 2025 Board meeting.
Action:
Result:

14-9223

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9223
Ver.: 1
Agenda #: b.
Type: Item
Title: Discussion and action on fiscal year 2025-2026 private markets pacing plan by Dhinesh Ganapathiappan, Senior Investment Officer.
Action:
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14-9168

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9168
Ver.: 1
Agenda #: a.
Type: Item
Title: Oral update by CEO, John Flynn.
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Result:

14-9169

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9169
Ver.: 1
Agenda #: b.
Type: Item
Title: Oral update from the City Council Liaison to the Board.
Action:
Result:

14-9208

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9208
Ver.: 1
Agenda #: c.
Type: Item
Title: Discussion on Board’s designation of 1737 N. First St, Suite 580, San Jose, CA 95112 as its meeting location for the 2026 Regular Board and Standing Committee Meetings.
Action:
Result:

14-9216

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9216
Ver.: 1
Agenda #: d.
Type: Item
Title: Discussion and action on authorizing the CEO to negotiate and execute a sixth amendment to the agreement with Marty Boyer, Communications Advantage, to extend the term of the Agreement through June 30, 2026 with a maximum total amount payable of $15,000 for the period July 1, 2025 through June 30, 2026.
Action:
Result:

14-9226

Fri, 16 May 2025 17:38:13 GMT

File #: 14-9226
Ver.: 1
Agenda #: e.
Type: Item
Title: Discussion and action on amendment to MOU between Board and City for use of actuary to review City bond disclosure documents.
Action:
Result:

14-9170

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9170
Ver.: 1
Agenda #: a.
Type: Early Retirement
Title: Samantha Huynh, Police Sergeant, Police Department, effective May 24, 2025; 21.96* years of service.
Action:
Result:

14-9171

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9171
Ver.: 1
Agenda #: a.
Type: Deferred Vested
Title: Jose R. Hisquierdo, Police Sergeant, Police Department, effective May 2, 2025; 29.79* years of service. (With Reciprocity - 18.26 CSJ YOS + 11.52 PERS YOS)
Action:
Result:

14-9172

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9172
Ver.: 1
Agenda #: a.
Type: Committees/Reports/Recommendations
Title: Oral update from the Chair of the Investment Committee.
Action:
Result:

14-9215

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9215
Ver.: 1
Agenda #: b.
Type: Item
Title: Minutes of the Investment Committee meeting from February 25, 2025. Receive and file.
Action:
Result:

14-9225

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9225
Ver.: 1
Agenda #: c.
Type: Item
Title: Minutes of the Special Investment Committee meeting from March 6, 2025. Receive and file.
Action:
Result:

14-9173

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9173
Ver.: 1
Agenda #: a.
Type: Committees/Reports/Recommendations
Title: Oral update from the Chair of the Audit/Risk Committee.
Action:
Result:

14-9174

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9174
Ver.: 1
Agenda #: a.
Type: Committees/Reports/Recommendations
Title: Oral update from the Chair of the Governance Committee.
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Result:

14-9175

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9175
Ver.: 1
Agenda #: a.
Type: Committees/Reports/Recommendations
Title: Oral update from the Chair of the Disability Committee.
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Result:

14-9176

Fri, 16 May 2025 17:38:12 GMT

File #: 14-9176
Ver.: 1
Agenda #: a.
Type: Committees/Reports/Recommendations
Title: Oral update from the Chair of the Joint Personnel Committee.
Action:
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14-9218

Fri, 16 May 2025 17:38:13 GMT

File #: 14-9218
Ver.: 1
Agenda #: b.
Type: Item
Title: Discussion and action on the results of the Request for Proposal (RFP) for tax legal services, including Board authorization for the Chief Executive Officer (CEO) to negotiate and execute an agreement with Ice Miller LLP (Ice Miller) for a term of 6 years for an amount not-to-exceed (NTE) $225,000, with four (4) one-year options to extend.
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Result:

14-9219

Fri, 16 May 2025 17:38:13 GMT

File #: 14-9219
Ver.: 1
Agenda #: c.
Type: Item
Title: Discussion and action on the results of the Request for Proposals (“RFP”) for Legal Services - Investment Counsel, including Board authorization for the Chief Executive Officer (“CEO”) to negotiate and execute an agreement with Hanson Bridget LLP for a term of six (6) years for an amount not to exceed $580,000, with four (4) one-year options to extend.
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Result:

14-9221

Fri, 16 May 2025 17:38:13 GMT

File #: 14-9221
Ver.: 1
Agenda #: b.
Type: Item
Title: Discussion and action on the results of the RFP for actuarial audit services, including Board authorization for the Chief Executive Officer (CEO) to negotiate and execute an agreement with Milliman for a term of six (6) years for an amount not to exceed $200,000, with four (4) one year options to extend.
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Result: