File #: 14-6298    Version: 1 Name:
Type: Item Status: New Business
File created: 6/1/2023 In control: Federated City Employees' Retirement System and Federated City Employees' Health Care Trust
On agenda: 6/15/2023 Final action:
Title: Discussion and action on recommended incentive compensation ranges as follows, subject to further terms and conditions as set forth in the final Incentive Compensation Policy: * A maximum of 50% of base salary for Chief Investment Officer position * A maximum of 40% of base salary for Senior Investment Officer position * A maximum of 30% of base salary for the Investment Officer position
Attachments: 1. 5d(1) - Considerations for Incentive Compensation Program.pdf, 2. 5d(2) - SBCERA Incentive Compensation.pdf, 3. 5d(3) - OCERS Incentive Compensation Policy.pdf

Title

Discussion and action on recommended incentive compensation ranges as follows, subject to further terms and conditions as set forth in the final Incentive Compensation Policy:

•                     A maximum of 50% of base salary for Chief Investment Officer position

•                     A maximum of 40% of base salary for Senior Investment Officer position

•                     A maximum of 30% of base salary for the Investment Officer position