Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Federated City Employees' Retirement System and Federated City Employees' Health Care Trust Agenda status: Final
Meeting date/time: 3/19/2026 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  
Agenda packet: Not available
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
14-10528 1a. ItemDiscussion and action on the Resolution Recognizing Prabhu Palani for His Service as Chief Investment Officer to the San José Federated Employees' Retirement System and approval of Resolution No. 9130.   Not available Not available
14-10544 1A. ItemCLOSED SESSION: CONFERENCE WITH LABOR NEGOTIATORS PURSUANT TO GOVERNMENT CODE SECTION 54957.6(a).   Not available Not available
14-10462 1a. SCD - ApprovedTuan Nguyen, Electrician II, Department of Transportation, Request for a Service-Connected Disability Retirement, effective November 20, 2025; 5.45* years of service. (Disability Committee Recommendation: Approval)   Not available Not available
14-10468 1a. Service RetirementRonald D. Black, Senior Construction Inspector, Public Works Department, effective April 11, 2026; 19.39* years of service.   Not available Not available
14-10433 1b. Service RetirementRobert G. Canario, Communications Installer, Public Works Department, effective March 28, 2026; 18.82* years of service.   Not available Not available
14-10438 1c. Service RetirementMay W. Cheung, Information Systems Analyst, Office of Retirement Services, effective March 28, 2026; 20.76* years of service.   Not available Not available
14-10427 1d. Service RetirementSarabjit K. Dhaliwal, Senior Office Specialist, Information Technology Department, effective March 28, 2026; 24.82* years of service.   Not available Not available
14-10461 1e. Service RetirementAna Maria Fabela, Library Clerk, Library Department, effective March 28, 2026; 19.19* years of service.   Not available Not available
14-10428 1f. Service RetirementLucia L. Farnham-Hudson, Librarian II, Library Department, effective March 28, 2026; 24.71* years of service.   Not available Not available
14-10434 1g. Service RetirementLilybeth L. Gonzales, Senior Permit Specialist, Fire Department, effective March 28, 2026; 26.54* years of service.   Not available Not available
14-10447 1h. Service RetirementMalgorzata Laskowska, Senior Deputy City Attorney, City Attorney’s Office, effective March 28, 2026; 27.59* years of service.   Not available Not available
14-10425 1i. Service RetirementMike Monterosso, Maintenance Worker II, Department of Transportation, effective March 28, 2026; 26.82* years of service.   Not available Not available
14-10457 1j. Service RetirementMargaret L. Morrow, Staff Specialist, Department of Transportation, effective March 31, 2026; 21.32* years of service.   Not available Not available
14-10442 1k. Service RetirementNadia N. Naum-Stoian, Associate Engineer, Fire Department, effective March 28, 2026; 26.22* years of service.   Not available Not available
14-10454 1l. Service RetirementValerie M. Osmond, Deputy Director, Environmental Services Department, effective April 11, 2026; 30.21* years of service.   Not available Not available
14-10443 1m. Service RetirementRamo Pinjic, Analyst II, Housing Department, effective March 28, 2026; 25.69* years of service.   Not available Not available
14-10440 1n. Service RetirementJoseph E. Selkregg, Instrument Control Technician IV, Environmental Services Department, effective March 28, 2026; 26.82* years of service.   Not available Not available
14-10545 1a. Deferred VestedRebecca M. Dishotsky, Mayor Executive Officer, City Clerk’s Office (Mayor’s Office), effective March 12, 2026; 8.04* years of service.   Not available Not available
14-10441 1b. Deferred VestedDenelle Fedor, Council Policy & Legal Advisor City Clerk Office, effective March 5, 2026; 13.17* years of service.   Not available Not available
14-10439 1c. Deferred VestedYvonne D. Garcia, Office Specialist II, Environmental Services Department, effective March 28, 2026; 9.20* years of service.   Not available Not available
14-10470 1d. Deferred VestedRobert D. Merkamp, Planner I, Planning, Building and Code Enforcement, effective April 11, 2026; 27.01* years of service. (With Reciprocity - 2.19 CSJ + 24.81 PERS = 27.01 YOS)   Not available Not available
14-10448 1e. Deferred VestedMelinda J. Montgomery, Airport Operations Supervisor, Airport Department, effective March 29, 2026; 5.05* years of service.   Not available Not available
14-10458 1f. Deferred VestedAnthony Porta, Background Investigator, Police Department, effective March 31, 2026; 8.22* years of service.   Not available Not available
14-10417 1a. Board Minutes ApprovalApproval of the Board Minutes of February 19, 2026.   Not available Not available
14-10426 1a. Return ContributionsVoluntary | Involuntary   Not available Not available
14-10271 1a. Communication and Information ReportReport of the Monthly Board Expenses for January 2026. Receive and file.   Not available Not available
14-10445 1b. Communication and Information ReportApproval of the Q4 2025 travel and attendance report for the Federated City Employee’s Retirement System.   Not available Not available
14-10456 1a. Travel/Conference AttendanceAnurag Chandra, Trustee · 2026 Public Funds Roundtable, Los Angeles, CA, April 27 - 29, 2026.   Not available Not available
14-10452 1b. Travel/Conference AttendanceJohn Flynn, CEO · CALAPRS Virtual Human Resources Round Table, February 27, 2026. · PRISM 2026 Conference, San Diego, CA, May 17 - 20, 2026.   Not available Not available
14-10418 1a. InvestmentsOral update from the CIO of Retirement Services, Prabhu Palani.   Not available Not available
14-10463 1b. InvestmentsPresentation of Calendar 3rd Quarter 2025 Private Equity report by Neuberger Berman.   Not available Not available
14-10464 1c. InvestmentsPresentation of Calendar 3rd Quarter 2025 Private Markets report by Meketa Investment Group.   Not available Not available
14-10465 1d. InvestmentsPresentation of Calendar 4th Quarter 2025 Performance report for Pension Plan by Meketa Investment Group.   Not available Not available
14-10466 1e. InvestmentsPresentation of Calendar 4th Quarter 2025 Performance report for Health Care Trust by Meketa Investment Group.   Not available Not available
14-10467 1f. InvestmentsDiscussion and action regarding the prefunding of the City’s retirement contribution.   Not available Not available
14-10419 1a. ItemOral update from the CEO of Retirement Services, John Flynn.   Not available Not available
14-10420 1b. ItemOral update from the City Council Liaison to the Board.   Not available Not available
14-10543 1c. ItemDiscussion and action to approve and for the Chair to execute the employment contract negotiated by designated labor negotiators for the new Chief Investment Officer.   Not available Not available
14-10488 1d. ItemDiscussion and action on approval of the Strategic Plan - Workshop and Presentation by Aon.   Not available Not available
14-10485 1e. ItemDiscussion and action on adoption of updated City Policy Manual #1.8.1 - Use of City and Personal Vehicles Policy with Revised Date of February 27, 2026, for ORS Operations, approved by City on February 27, 2026.   Not available Not available
14-10486 1f. ItemDiscussion and action on adoption of updated City Policy Manual #4.2.2 - Military Leave Policy with Revised Date of February 27, 2026, for ORS Operations, approved by City on February 27, 2026.   Not available Not available
14-10487 1g. ItemDiscussion and action on adoption of updated City Policy Manual #5.1.5 - Food and Beverage Expenditure (Non-Travel) Policy with Revised Date of March 3, 2026, for ORS Operations, approved by City on March 3, 2026.   Not available Not available
14-10515 1h. ItemDiscussion and action on adoption of updated City Policy Manual #5.1.2 - Procurement Card (P-Card) Policy with Revised Date of February 18, 2026, for ORS Operations, approved by City on February 18, 2026.   Not available Not available
14-10527 1a. ItemOral update from the Chair of the Investment Committee.   Not available Not available
14-10469 1b. ItemMinutes of the Federated Investment Committee meeting from December 16, 2025. Receive and file.   Not available Not available
14-10421 1a. ItemOral update from the Chair of the Audit/Risk Committee. · Approval of the Q4 2025 travel and attendance report for the Federated City Employee’s Retirement System. · Nomination and Election of Audit Committee Vice Chairs. · Introduction of Audit Consultant - Baker Tilly. · Discussion and action on the Risk Assessment Overview and Timeline by Baker Tilly. · Discussion of MGO’s FY2025 Observation #1 - Completeness and Accuracy of Participant Census Data. · Discussion and action on the status of the outstanding Internal Audit recommendations. · Discussion on status of outstanding Penetration testing recommendations.   Not available Not available
14-10446 1b. ItemMinutes of the Joint Audit Committee meeting from October 30, 2025. Receive and file.   Not available Not available
14-10444 1c. ItemDiscussion and action to accept 7 internal audit recommendations as “Complete” in the absence of an internal auditor.   Not available Not available
14-10422 1a. ItemOral update from the Chair of the Governance Committee.   Not available Not available
14-10423 1a. ItemOral update from the Chair of the Disability Committee.   Not available Not available
14-10424 1a. ItemOral update from the Chair of the Joint Personnel Committee.   Not available Not available
14-10414 1a. Education & TrainingQuarterly Trustee Education Opportunities Report.   Not available Not available
14-10415 1b. Education & TrainingCALAPRS 2026 Program Calendar.   Not available Not available
14-10416 1c. Education & TrainingCALAPRS Virtual Compliance Round Table, March 27, 2026.   Not available Not available
14-10526 1d. Education & TrainingThe 20th Edition of With Intelligence The Annual, Los Angeles, CA, April 20 - 22, 2026.   Not available Not available
14-10430 1e. Education & TrainingSACRS Spring Conference 2026, Olympic Valley, CA, May 12 - 15, 2026.   Not available Not available
14-10431 1f. Education & TrainingNCPERS Trustee Educational Seminars (TEDS), Las Vegas, NV, May 16 - 17, 2026.   Not available Not available
14-10432 1g. Education & TrainingNCPERS The Annual Conference & Exhibition (ACE), Las Vegas, NV, May 17 - 20, 2026.   Not available Not available