Meeting Name: Police & Fire Department Retirement Plan and Health Care Trust Agenda status: Final-revised
Meeting date/time: 9/5/2024 9:00 AM Minutes status: Final  
Meeting location: City Hall, Wing Rooms 118-120 200 E. Santa Clara St. San Jose, CA 95113
Published agenda: Agenda Agenda Published minutes: Minutes Minutes Meeting Extra1: PF Board 9-5-24 audio  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
14-8107 1A. ItemCLOSED SESSION: PUBLIC EMPLOYEE PERFORMANCE EVALUATION PURSUANT TO GOVERNMENT CODE SECTION 54957(b)(1). Position: Chief Investment Officer.   Action details Not available
14-8108 1B. ItemCLOSED SESSION: CONFERENCE WITH LABOR NEGOTIATORS PURSUANT TO GOVERNMENT CODE SECTION 54957.6(a). Agency designated representatives: TBD at September 5, 2024 Board meeting in open session; Unrepresented employee: Chief Investment Officer.   Action details Not available
14-8109 1C. ItemCLOSED 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. C24-02385NC.   Action details Not available
14-8093 1a. SCD - ApprovedRobert Bejarano, Police Officer, Police Department, Request for Service-Connected Disability Retirement, effective September 5, 2024; 5.07* years of service. (Disability Committee Recommendation: Approval)   Action details Not available
14-8092 1a. Status Change SCD - ApprovedDouglas Amaro, Firefighter, Fire Department, Request for Change of Status to Service-Connected Disability Retirement, effective June 10, 2021; 25.88* years of service. (Disability Committee Recommendation: Approval)   Action details Not available
14-8094 1b. Status Change SCD - ApprovedKaren Aten, Police Sergeant, Police Department, Request for Change of Status to Service-Connected Disability Retirement, effective August 8, 2020; 27.04* years of service. (Disability Committee Recommendation: Approval)   Action details Not available
14-8095 1c. Status Change SCD - ApprovedErick Enderle, Police Officer, Police Department, Request for Change of Status to Service-Connected Disability Retirement, effective October 31, 2020; 26.75* years of service. (With Reciprocity - 24.08 CSJ YOS + 2.67 PERS YOS). (Disability Committee Recommendation: Approval)   Action details Not available
14-8096 1d. Status Change SCD - ApprovedNabil Haidar, Police Officer, Police Department, Request for Change of Status to Service-Connected Disability Retirement, effective December 24, 2022; 25.76* years of service. (Disability Committee Recommendation: Approval)   Action details Not available
14-8097 1e. Status Change SCD - ApprovedAlbert Hernandez, Fire Captain, Fire Department, Request for Change of Status to Service-Connected Disability Retirement, effective January 27, 2021; 25.13* years of service. (Disability Committee Recommendation: Approval)   Action details Not available
14-8098 1f. Status Change SCD - ApprovedJarod Middleton, Fire Captain, Fire Department, Request for Change of Status to Service-Connected Disability Retirement, effective June 12, 2021; 25.35* years of service. (Disability Committee Recommendation: Approval)   Action details Not available
14-8099 1g. Status Change SCD - ApprovedPeter Roman, Fire Captain, Fire Department, Request for Change of Status to Service-Connected Disability Retirement, effective January 30, 2021; 26.62* years of service. (Disability Committee Recommendation: Approval)   Action details Not available
14-8100 1h. Status Change SCD - ApprovedHector Vasquez, Police Officer, Police Department, Request for Change of Status to Service-Connected Disability Retirement, effective April 18, 2020; 32.85* years of service. (Disability Committee Recommendation: Approval)   Action details Not available
14-8063 1a. Board Minutes ApprovalApproval of the Board Minutes of August 1, 2024.   Action details Not available
14-8064 1a. Return ContributionsVoluntary | Involuntary   Action details Not available
14-8101 1a. Travel/Conference AttendancePrabhu Palani, CIO · Public Funds Steadying the Ship, Sacramento, CA, November 13 - 14, 2024. · Annual Transpose VIP Event at SaaStr 2024, San Mateo, CA, September 11, 2024. · Transpose Platform Tokyo Innovation Summit, Shangri-La Hotel, Tokyo, Japan, November 19, 2024. (Speaker)   Action details Not available
14-8065 1a. Communication/Information ReportPolice and Fire Retirement System Dashboard.   Action details Not available
14-8066 1a. Education & TrainingThe Cortex Report - September 2024, Conferences, Seminars and Educational Programs.   Action details Not available
14-8067 1b. Education & TrainingCALAPRS 2024 Program Calendar.   Action details Not available
14-8069 1d. Education & TrainingSACRS Annual Fall Conference 2024, Hyatt Regency Hotel and Spa, Monterey, CA, November 12 - 15, 2024.   Action details Not available
14-8070 1a. Alternate BeneficiaryApproval of Alternate Payee Benefit election of Unreduced Retirement Option to be paid to Gina Ferreira, ex-spouse of Police Officer, Kenneth Hardesty to be effective July 23, 2024 under Part 17, Section 3.36.3600 of the San Jose Municipal Code.   Action details Not available
14-8102 1b. InvestmentsPresentation of Calendar 1st Quarter 2024 Private Equity report by Neuberger Berman.   Action details Not available
14-8103 1c. InvestmentsPresentation of Calendar 1st Quarter 2024 Private markets report by Meketa Investment Group.   Action details Not available
14-8104 1d. InvestmentsPresentation of Calendar 2nd Quarter 2024 Performance report for Pension Plan by Meketa Investment Group.   Action details Not available
14-8105 1e. InvestmentsPresentation of Calendar 2nd Quarter 2024 Performance report for Health Care Trust by Meketa Investment Group.   Action details Not available
14-8072 1a. ItemOral update by CEO, John Flynn.   Action details Not available
14-8073 1b. ItemOral update from the City Council Liaison to the Board.   Action details Not available
14-8090 1c. ItemDiscussion and action on authorizing the CEO to negotiate and execute a first amendment to the agreement with Saltzman & Johnson Law Corporation (“Saltzman & Johnson”), a provider of Domestic Relations Order and disability legal services, to increase the not to exceed amount by $250,000, from $350,000 to $600,000, through the end of the agreement on June 30, 2025.   Action details Not available
14-8110 1d. ItemDiscussion and action of appointment of Labor Negotiator for the Chief Investment Officer position.   Action details Not available
14-8074 1a. Service RetirementGeeno B. Gular, Police Lieutenant, Police Department, effective September 14, 2024; 29.98* years of service.   Action details Not available
14-8091 1a. Early RetirementAndrew L. Whyte, Arson Investigator, Fire Department, effective September 14, 2024; 22.84* years of service.   Action details Not available
14-8157 1a. ItemNotification of the death of William Kupper, Police Officer, retired February 6, 1996, died August 10, 2024. Survivorship benefits to Nina Kupper, spouse.   Action details Not available
14-8076 1a. Committees/Reports/RecommendationsOral update from the Chair of the Investment Committee.   Action details Not available
14-8170 1b. ItemMinutes of the Police and Fire Investment Committee meeting from April 15, 2024. Receive and file.   Action details Not available
14-8077 1a. Committees/Reports/RecommendationsOral update from the Chair of the Audit/Risk Committee.   Action details Not available
14-8078 1b. Committees/Reports/RecommendationsMinutes of the Audit Committee meeting from May 16, 2024. Receive and file.   Action details Not available
14-8079 1c. Committees/Reports/RecommendationsUpdate on status of request to custodian bank (Bank of New York Mellon) to correct fiscal years 2016-2023 Pension Plans’ returns based on the results of the Agreed Upon Procedures work completed by Macias Gini & O’Connell LLP audit firm.   Action details Not available
14-8080 1d. Committees/Reports/RecommendationsDiscussion and action on Office of Retirement Services’ proposed timeline and plan for implementing recommendations from the City Auditor’s Report, dated April 4, 2024.   Action details Not available
14-8081 1e. Committees/Reports/RecommendationsDiscussion and action to approve amendments to the Police and Fire Committee Charter to reflect changes regarding the hiring and performance evaluation of the Internal Auditor.   Action details Not available
14-8082 1a. Committees/Reports/RecommendationsOral update from the Chair of the Governance Committee.   Action details Not available
14-8083 1b. Committees/Reports/RecommendationsDiscussion and action regarding adoption of proposed internal ORS Policy for procurement and contracting for professional and critical plan administrative services/goods for ORS operations.   Action details Not available
14-8084 1a. Committees/Reports/RecommendationsOral update from the Chair of the Disability Committee.   Action details Not available
14-8085 1b. Committees/Reports/RecommendationsMinutes of the P&F Disability Committee meeting from June 10, 2024. Receive and file.   Action details Not available
14-8086 1c. Committees/Reports/RecommendationsPolice & Fire Quarterly Disability Retirement Applications Dashboard.   Action details Not available
14-8087 1d. Committees/Reports/RecommendationsOverview of the Age of Police & Fire Disability Applications.   Action details Not available
14-8088 1a. Committees/Reports/RecommendationsOral update from the Chair of the Joint Personnel Committee.   Action details Not available