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: 8/20/2026 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
14-10996 1A. CLOSED SESSION NEW BUSINESSCLOSED SESSION: PUBLIC EMPLOYEE PERFORMANCE EVALUATION PURSUANT TO GOVERNMENT CODE SECTION 54957(b)(1). Position: Chief Investment Officer.   Not available Not available
14-10997 1B. CLOSED SESSION NEW BUSINESSCLOSED SESSION: PUBLIC EMPLOYEE PERFORMANCE EVALUATION PURSUANT TO GOVERNMENT CODE SECTION 54957(b)(1). Position: Chief Executive Officer.   Not available Not available
14-10998 1C. CLOSED SESSION NEW BUSINESSCLOSED SESSION: CONFERENCE WITH LABOR NEGOTIATORS PURSUANT TO GOVERNMENT CODE SECTION 54957.6(a). Agency designated representatives: To be determined in open session at the meeting.   Not available Not available
14-10950 1a. Service RetirementTie Feng, Wastewater Facility Senior Engineer, Environmental Services Department, effective August 15, 2026; 7.46* years of service.   Not available Not available
14-10953 1b. Service RetirementJeffrey A. Gomez, Parks Manager, Parks, Recreation and Neighborhood Services, effective August 29, 2026; 35.11* years of service.   Not available Not available
14-10954 1c. Service RetirementMaria C. Guerrero, Accounting Technician, Finance Department, effective August 15, 2026; 28.24* years of service.   Not available Not available
14-10981 1d. Service RetirementEddie M. Jalalli, Parking Control Officer, Department of Transportation, effective September 15, 2026; 25.30* years of service.   Not available Not available
14-10960 1e. Service RetirementKevin B. Kilmer, Building Inspector Combination/Certified Senior, Planning, Building and Code Enforcement, effective August 29, 2026; 13.30* years of service.   Not available Not available
14-10972 1f. Service RetirementSandra Leffler, Police Radio Dispatcher, Police Department, effective September 12, 2026; 22.19* years of service.   Not available Not available
14-10957 1g. Service RetirementJennifer T. Luong, Supervising Applications Analyst, Information Technology Department, effective August 22, 2026; 28.01* years of service.   Not available Not available
14-10971 1h. Service RetirementSally Ortiz, Principal Office Specialist, Human Resources Department, effective September 12, 2026; 27.28* years of service.   Not available Not available
14-10965 1i. Service RetirementKaren Parker, Senior Office Specialist, Information Technology Department, effective September 12, 2026; 6.46* years of service.   Not available Not available
14-11077 1j. Service RetirementBernalu Rosales, Community Service Supervisor, Parks, Recreation and Neighborhood Services, effective August 15, 2026; 27.76* years of service.   Not available Not available
14-10994 1a. Deferred VestedMohammed I. Hill, Deputy City Attorney, City Attorney’s Office, effective August 7, 2026; 9.72* years of service. (With Reciprocity - 5.58 CSJ + 4.13 CalPERS = 9.72 YOS)   Not available Not available
14-11064 1b. Deferred VestedRichard T. Johnson, Senior Latent Fingerprint Examiner, Police Department, effective July 1, 2026; 29.62* years of service. (With Reciprocity - 3.57 CSJ + 26.05 PERS = 29.62 YOS)   Not available Not available
14-10939 1c. Deferred VestedClaudia Lopez, Community Coordinator, Office of Economic Development, effective June 24, 2026; 9.34* years of service.   Not available Not available
14-10973 1d. Deferred VestedKimberlie Reckas, Senior Office Specialist, Police Department, effective July 25, 2026; 27.92* years of service. (With Reciprocity - 23.92 CSJ + 4.00 PERS = 27.92 YOS)   Not available Not available
14-10967 1e. Deferred VestedRodney E. Weathers, Building Inspector Combination Certified I, Planning, Building and Code Enforcement, effective July 25, 2026; 6.68* years of service. (With Reciprocity - 1.67 CSJ + 5.00 PERS = 6.68 YOS)   Not available Not available
14-10928 1a. Board Minutes ApprovalApproval of the Board Minutes of June 18, 2026.   Not available Not available
14-10929 1a. Return ContributionsVoluntary | Involuntary   Not available Not available
14-10930 1a. Communication and Information ReportReport of the Monthly Board Expenses for May 2026. Receive and file.   Not available Not available
14-10990 1b. Communication and Information ReportRequest for Consideration of Reasonable Good Cause for Trustee Chandra’s absence.   Not available Not available
14-11063 1c. Communication and Information ReportReport out of Closed Session from February 20, 2025 Federated Board Meeting Regarding Existing Litigation (Government Code Section 54956.9(d)(4)). LACERA v. County of Los Angeles - Supreme Court of California.   Not available Not available
14-11074 1d. Communication and Information ReportNotification to the Board pursuant to Paragraph 37 of the CEO Charter: Contract with EnvestHub, Inc., entered into by the CEO on behalf of the San José Federated City Employees’ Retirement System, for a term of two years, for a total of $44,000, shared 50/50 with the San José Police and Fire Department Retirement Plan.   Not available Not available
14-11079 1e. Communication and Information ReportCity Council Adopted Resolution #RES2026-210 on June 16, 2026 - Approved changes to Compensation and Benefits for Executive Management and Professional Employees (Unit 99) for Fiscal Years 2026-2027, 2027-2028, and 2028-2029, effective June 21, 2026.   Not available Not available
14-10948 1f. Communication and Information ReportAnurag Chandra, Trustee Self-study materials listed below for a total cost of $1.00 for the initial four-week trial period, after which the subscription will continue at the standard rate of $45.00 per month, pursuant to Paragraph 5(f) of the Federated Board Education Policy: · Monthly Subscription to the Financial Times   Not available Not available
14-11081 1a. Travel/Conference AttendanceMatthew Faulkner, Vice Chair · MarketsGroup ALTSSF, San Francisco, CA, September 9 - 10, 2026.   Not available Not available
14-10959 1b. Travel/Conference AttendanceJohn Flynn, CEO · CALAPRS Administrators Institute, Carmel, CA, September 22 - 25, 2026.   Not available Not available
14-11084 1c. Travel/Conference AttendanceSpencer Horowitz, Chair · Fiduciary Investors Symposium 2026, Stanford, CA, September 15 - 16, 2026.   Not available Not available
14-10958 1d. Travel/Conference AttendanceReimbursements · 2026 Milken Institute Global Conference, Beverly Hills, CA, May 3 - 6, 2026 - Anurag Chandra. · NCPERS Chief Officers Summit 2026, Newport Beach, CA, June 15 - 16, 2026 - John Flynn.   Not available Not available
14-10931 1a. InvestmentsOral update from the CIO of Retirement Services, Jay Kwon.   Not available Not available
14-11075 1b. InvestmentsPresentation and discussion of asset liability study by Meketa Investments.   Not available Not available
14-11076 1a. ItemDiscussion and action to recommend compensation range adjustments for Investment Team classifications to the City Council and appoint a board representative.   Not available Not available
14-10932 1a. ItemOral update from the CEO of Retirement Services, John Flynn.   Not available Not available
14-10933 1b. ItemOral update from the City Council Liaison to the Board.   Not available Not available
14-10999 1c. ItemDiscussion and action of the appointment of a Labor Negotiator for the Chief Executive Officer position.   Not available Not available
14-11000 1d. ItemDiscussion and action of the appointment of a Labor Negotiator for the Chief Investment Officer position.   Not available Not available
14-10945 1e. ItemDiscussion and action on the Proposed 2027 Board and Standing Committee Meetings Schedule.   Not available Not available
14-11013 1f. ItemDiscussion and action to approve the deletion of the Executive Assistant position and the addition of a Senior Supervisor, Administration position within the Administration Division.   Not available Not available
14-11082 1g. ItemDiscussion and action on appointing an alternative trustee to the Joint Ad Hoc Budget Committee established at the June 18, 2026 board meeting.   Not available Not available
14-11014 1h. ItemDiscussion on ADA Title II and Web Content Accessibility Guidelines (WCAG) requirements for Board meetings, presented by John Flynn, CEO.   Not available Not available
14-11073 1i. ItemDiscussion on Strategic Initiative 2.4.1 Membership Voice Survey, presentation by John Flynn, CEO.   Not available Not available
14-10934 1a. ItemOral update from the Chair of the Investment Committee.   Not available Not available
14-10935 1a. ItemOral update from the Chair of the Audit/Risk Committee.   Not available Not available
14-10936 1a. ItemOral update from the Chair of the Governance Committee. · Discussion and action on updates to the Governance Review Roadmap. · Discussion on launch of new Governance Document sites. · Discussion and action to recommend adoption of Q2’26 Policy Update: Board of Administration Charter. · Discussion and action to recommend adoption of Q2’26 Policy Update: CEO Performance Evaluation Policy. · Discussion and action to recommend adoption of Q2’26 Policy Update: CIO Performance Evaluation Policy. · Discussion on Q3’26 policies: CEO Charter, CIO Charter, Board Education Policy.   Not available Not available
14-11015 1b. ItemMinutes of Joint Governance Committee meeting from March 18, 2026. Receive and file.   Not available Not available
14-11016 1c. ItemDiscussion and action on updates to the FY 2026 - 2027 Governance Review Roadmap.   Not available Not available
14-11017 1d. ItemDiscussion and action to approve the updated Board of Administration Charter.   Not available Not available
14-11018 1e. ItemDiscussion and action to approve the updated CEO Performance Evaluation Policy.   Not available Not available
14-11019 1f. ItemDiscussion and action to approve the updated CIO Performance Evaluation Policy.   Not available Not available
14-10937 1a. ItemOral update from the Chair of the Disability Committee.   Not available Not available
14-10938 1a. ItemOral update from the Vice Chair of the Joint Personnel Committee.   Not available Not available
14-10949 1a. ItemOral update from the Joint Budget Ad Hoc Committee.   Not available Not available
14-10925 1a. Education & TrainingCALAPRS 2026 Program Calendar.   Not available Not available
14-10926 1b. Education & TrainingQuarterly Trustee Education Opportunities Report.   Not available Not available
14-11083 1c. Education & TrainingCALAPRS Virtual Trustees Roundtable, October 2, 2026.   Not available Not available
14-11070 1d. Education & TrainingNCPERS Fiduciary in Focus Workshop, Nashville, TN, October 24 - 25, 2026.   Not available Not available
14-11071 1e. Education & TrainingSACRS Annual Fall Conference 2026, Rancho Mirage, CA, November 10 - 13, 2026.   Not available Not available