Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.

Meeting Details

Meeting Name: Federated City Employees' Retirement System and Federated City Employees' Health Care Trust Agenda status: Final
Meeting date/time: 5/21/2026 8:30 AM Minutes status: Draft  
Meeting location: City Hall, Wing Rooms 118-120 200 E. Santa Clara St., San Jose, CA 95113
Published agenda: Agenda Agenda Accessible Agenda Accessible Agenda Published minutes: Not available Meeting Extra1: Not available Meeting Extra2: Not available Meeting Extra3: Not available  
Agenda packet: Not available
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
14-10698 1a. Service RetirementMichael E. Graves, Senior Maintenance Worker, Airport Department, effective June 6, 2026; 10.08* years of service.   Not available Not available
14-10666 1b. Service RetirementStephanie Lau, Program Manager I, Fire Department, effective May 23, 2026; 25.96* years of service.   Not available Not available
14-10709 1c. Service RetirementDionel C. Rafanan, Mechanic, Public Works Department, effective June 6, 2026; 25.01* years of service.   Not available Not available
14-10710 1a. Early RetirementDanny Leyva, Wastewater Senior Mechanic II, Environmental Service Department, effective May 1, 2026; 9.99* years of service.   Not available Not available
14-10740 1a. Deferred VestedDaniele C. Alicea, Traffic Checker II, Department of Transportation, effective April 28, 2026; 7.52* years of service.   Not available Not available
14-10672 1b. Deferred VestedMark G. Blaszczyk, Senior Construction Inspector, Public Works Department, effective May 30, 2026; 11.58* years of service. (With Reciprocity - 5.64 CSJ + 5.93PERS = 11.58 YOS)   Not available Not available
14-10673 1c. Deferred VestedDavid R. Delong, Division Manager, Parks, Recreation and Neighborhood Services, effective June 17, 2026; 27.36* years of service.   Not available Not available
14-10678 1d. Deferred VestedThomas Eddy, Structure/Landscape Designer II, Department of Transportation, effective May 12, 2026; 7.84* years of service.   Not available Not available
14-10669 1e. Deferred VestedTricia A. Fornesi, Events Coordinator II, Office of Economic Development, effective May 22, 2026; 16.38* years of service.   Not available Not available
14-10665 1f. Deferred VestedStacy J. Steiner, Public Safety Dispatcher, Police Department, effective March 30, 2026; 6.89* years of service. (With Reciprocity - 6.57 CSJ + 0.31 PERS = 6.89 YOS)   Not available Not available
14-10770 1g. Deferred VestedJorge E. Torrico, Public Safety Communications Specialist, Police Department, effective May 7, 2026; 6.92* years of service.   Not available Not available
14-10689 1a. Board Minutes ApprovalApproval of the Board Minutes of April 16, 2026.   Not available Not available
14-10707 1b. Board Minutes ApprovalApproval of the Joint Board Minutes of February 11, 2026.   Not available Not available
14-10690 1a. Return ContributionsVoluntary | Involuntary   Not available Not available
14-10691 1a. Communication and Information ReportReport of the Monthly Board Expenses for March 2026. Receive and file.   Not available Not available
14-10694 1b. Return ContributionsQ3 FY 2025-2026 Budget to Actual Quarterly Budget Report.   Not available Not available
14-10771 1c. Communication and Information ReportStatus of Open Audit Recommendations Report as of December 31, 2025.   Not available Not available
14-10697 1d. Communication and Information ReportORS’s Quarterly Newsletter - The Retirement Connection: April 2026 Edition.   Not available Not available
14-10708 1e. Communication and Information ReportPublic Comment Policy as amended and approved at April 16, 2026 Board Meeting.   Not available Not available
14-10711 1f. Communication and Information ReportNotification of Educational Travel: Matthew Faulkner, Vice-Chair · Titan Investors San Francisco Institutional Exchange, The W San Francisco, May 19, 2026.   Not available Not available
14-10696 1a. Travel/Conference AttendanceDeborah Abbott, Trustee · CALAPRS Virtual Trustee Round Table, May 29, 2026.   Not available Not available
14-10700 1b. Travel/Conference AttendanceMark Linder, Trustee · 2026 Principles of Pension Governance for Trustees, Santa Barbara, CA, August 24 - 27, 2026.   Not available Not available
14-10674 1c. Travel/Conference AttendanceNathan Nakagawa, Trustee · CALAPRS Virtual Trustee Round Table, May 29, 2026. · CALAPRS Principles of Pension Governance for Trustees, Santa Barbara, CA, August 24 - 27, 2026.   Not available Not available
14-10679 1d. Travel/Conference AttendanceReimbursement · CALAPRS General Assembly 2026, Carlsbad, CA, March 8 - 11, 2026 - John Flynn.   Not available Not available
14-10663 1i. ItemNotification of the death of John Leone, Senior Maintenance Worker, retired February 23, 2008, died February 4, 2026. Survivorship benefits to Darcie Leone, spouse.   Not available Not available
14-10680 1a. InvestmentsOral update from the CIO of Retirement Services, Jay Kwon.   Not available Not available
14-10763 1b. ItemDiscussion and action on fiscal year 2026-2027 private markets pacing plan by Dhinesh Ganapathiappan, Acting Deputy Chief Investment Officer and David Aung, Investment Officer.   Not available Not available
14-10764 1c. ItemDiscussion and action on strategic asset allocation by Meketa Investments.   Not available Not available
14-10681 1a. ItemOral update from the CEO of Retirement Services, John Flynn.   Not available Not available
14-10682 1b. ItemOral update from the City Council Liaison to the Board.   Not available Not available
14-10767 1c. ItemDiscussion and action regarding Resolution No. 9132 Federated Tier 1 and Resolution No. 9133 Federated Tier 2 Contribution Rates / Amounts for FY 2026-2027.   Not available Not available
14-10777 1d. ItemDiscussion and action on trustee education survey results and staff's proposed FY 2027 board education plan.   Not available Not available
14-10768 1a. ItemOral update from the Chair of the Investment Committee.   Not available Not available
14-10769 1b. ItemMinutes of the Federated Investment Committee meeting from March 12, 2026. Receive and file.   Not available Not available
14-10683 1a. ItemOral update from the Chair of the Audit/Risk Committee.   Not available Not available
14-10684 1a. ItemOral update from the Chair of the Governance Committee.   Not available Not available
14-10685 1a. ItemOral update from the Chair of the Disability Committee.   Not available Not available
14-10686 1a. ItemOral update from the Vice Chair of the Joint Personnel Committee.   Not available Not available
14-10687 1a. Education & TrainingCALAPRS 2026 Program Calendar.   Not available Not available
14-10688 1b. Education & TrainingQuarterly Trustee Education Opportunities Report.   Not available Not available
14-10692 1c. Education & TrainingNASRA Annual Conference 2026, Boston, MA, August 8 - 12, 2026.   Not available Not available
14-10693 1d. Education & TrainingNCPERS Public Pension Funding Forum, Chicago, IL, August 16 - 18, 2026.   Not available Not available
14-10773 1e. Education & TrainingCALAPRS Principles of Pension Governance for Trustees, Santa Barbara, CA, August 24 - 27, 2026.   Not available Not available