Meeting Name: Police & Fire Department Retirement Plan and Health Care Trust Agenda status: Final
Meeting date/time: 3/2/2023 8:30 AM Minutes status: Final  
Meeting location: City Hall, Council Chambers, 200 E. Santa Clara St. San Jose, CA 95113
Published agenda: Agenda Agenda Published minutes: Minutes Minutes Meeting Extra1: P&F Board Audio  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
14-5836 1A. ItemCLOSED SESSION: PURSUANT TO GOVERNMENT CODE SECTION 54956.9(d)(2), SIGNIFICANT EXPOSURE TO LITIGATION.   Action details Not available
14-5772 1a. Service-Connected DisabilityKen Allen, Firefighter/Paramedic, Fire Department, Request for Service-Connected Disability Retirement, effective April 16, 2022; 10.06* years of service. (Disability Committee Recommendation: Approval)   Action details Not available
14-5773 1b. Service-Connected DisabilityMartin Wallace, Police Sergeant, Police Department, Request for Service-Connected Disability Retirement, effective March 2, 2023; 17.18* years of service. (Disability Committee Recommendation: Approval)   Action details Not available
14-5762 1a. Consent CalendarApproval of the Board Minutes of February 2, 2023.   Action details Not available
14-5815 1a. Travel/Conference AttendancePrabhu Palani, CIO · Pension Bridge Annual 2023, Hotel Fairmont, San Francisco, CA April 17-19th, 2023. · Innovation Endeavors 2023 Summit, Napa, CA, April 25, 2023. · Milken Institute Global Conference, Beverly Hilton, Los Angeles, CA, April 30 - May 3, 2023.   Action details Not available
14-5763 1a. Return ContributionsVoluntary | Involuntary.   Action details Not available
14-5765 1a. Communication and Information ReportPolice and Fire Retirement System Dashboard.   Action details Not available
14-5828 1b. Communication and Information ReportReport of the Monthly Board Expenses for January 2023. Receive and file.   Action details Not available
14-5829 1c. Communication and Information ReportORS’s Quarterly Newsletter - The Retirement Connection: January 2023 Edition.   Action details Not available
14-5837 1d. Communication and Information ReportReturn to in person meetings for members of the P&F and FCERS Boards of Administration - AB 2449 and Post Covid Public Meetings informational memorandum. Receive and file.   Action details Not available
14-5830 1a. Change of Retirement ApplcationApproval for a change in effective date for Melvin P. Meeks, Fire Captain, from January 7, 2023, to February 23, 2023, for a Service Retirement approved at the January 5, 2023 Board meeting.   Action details Not available
14-5831 1a. Alternate BeneficiaryApproval of Alternate Payee Benefit election of Unreduced Lifetime Monthly Payment Option to be paid to Shirley Feliciano, ex-spouse of Police Officer, Mark Goings to be effective January 30, 2023 under Part 17, Section 3.36.3600 of the San Jose Municipal Code.   Action details Not available
14-5703 1a. Education & TrainingThe Cortex Report - March 2023, Conferences, Seminars and Educational Programs.   Action details Not available
14-5766 1b. Education & TrainingCalAPRS 2023 Program Calendar.   Action details Not available
14-5788 1c. Education & TrainingCalAPRS Advanced Principles of Pension Governance for Trustees, UCLA Luskin Conference Center, Los Angeles, CA - March 29 -31, 2023.   Action details Not available
14-5789 1d. Education & TrainingSACRS Annual Spring Conference, Paradise Point Resort & Spa, San Diego, CA - May 9 - 12, 2023.   Action details Not available
14-5767 1a. InvestmentsOral update by CIO, Prabhu Palani.   Action details Not available
14-5816 1b. InvestmentsPresentation of Calendar 3rd Quarter 2022 Private Equity report by Neuberger Berman.presented  Action details Not available
14-5817 1c. InvestmentsPresentation of Calendar 3rd Quarter 2022 Private Markets report by Meketa Investment Group.presented  Action details Not available
14-5818 1d. InvestmentsPresentation of Calendar 4th Quarter 2022 Performance report for Pension Plan by Meketa Investment Group.presented  Action details Not available
14-5819 1e. InvestmentsPresentation of Calendar 4th Quarter 2022 Performance report for Health Care Trust by Meketa Investment Group.presented  Action details Not available
14-5820 1f. InvestmentsDiscussion and action on strategic asset allocation by Meketa Investment Group.deferred  Action details Not available
14-5821 1g. InvestmentsDiscussion and action regarding the prefunding of the City’s retirement contribution.approved  Action details Not available
14-5790 1a. ItemOral update from the CEO of Retirement Services, Roberto L. Peña.   Action details Not available
14-5791 1b. ItemOral update from the City Council Liaison to the Board.   Action details Not available
14-5838 1c. ItemDiscussion on SJMC § 3.36.3660 Disability retirement of participant and the impact on the Benefit of Disability Retirees with Separate Account Alternate Payees. Time Certain: 9:30 a.m.   Action details Not available
14-5793 1d. ItemDiscussion and action regarding approval to increase the FY22-23 administrative budget for professional services by $200,000 to a total of $998,000.approved  Action details Not available
14-5794 1e. ItemDiscussion and action on the Office of Retirement Services proposed administrative budget for FY23-24.approved  Action details Not available
14-5770 1a. Service RetirementSteven A. Forman, Battalion Chief, Fire Department, effective January 23, 2023; 26.48* years of service.   Action details Not available
14-5796 1b. Service RetirementGregory A. Lombardo, Police Captain, Police Department, effective March 18, 2023; 28.19* years of service.   Action details Not available
14-5797 1c. Service RetirementAbraham Ra’oof, Police Officer, Police Department, effective March 18, 2023; 26.53* years of service.   Action details Not available
14-5775 1a. Committees/Reports/RecommendationsOral update from the Chair of the Investment Committee.   Action details Not available
14-5807 1b. Committees/Reports/RecommendationsMinutes of the January 5, 2023, Special Police and Fire Investment Committee meeting. Received and file.received and filed  Action details Not available
14-5776 1a. Committees/Reports/RecommendationsOral update from the Chair of the Audit/Risk Committee.   Action details Not available
14-5809 1b. Committees/Reports/RecommendationsMinutes of the Special Audit/Risk Committee meeting from January 5, 2023. Receive and file.received and filed  Action details Not available
14-5832 1c. Committees/Reports/RecommendationsMinutes of the October 20, 2022, Joint Audit Committee meeting for the Federated City Employee’s Retirement System and the Police and Fire Retirement Plan. Receive and file.received and filed  Action details Not available
14-5833 1d. Committees/Reports/RecommendationsUpdate on the City Auditor’s Recommendation to the Office of Retirement Services. Receive and file.received and filed  Action details Not available
14-5834 1e. Committees/Reports/RecommendationsStatus of Audit Recommendations by Internal Auditor, Houman Boussina. Receive and file.received and filed  Action details Not available
14-5835 1f. Committees/Reports/Recommendations2022 Internal Staff Survey by Internal Auditor, Houman Boussina. Receive and file.received and filed  Action details Not available
14-5777 1a. Committees/Reports/RecommendationsOral update from the Chair of the Governance Committee.   Action details Not available
14-5810 1a. Committees/Reports/RecommendationsOral update from the Chair of the Disability Committee.   Action details Not available
14-5811 1b. Committees/Reports/RecommendationsMinutes from the November 7, 2022 Police and Fire Disability Committee meeting. Receive and file.received and filed  Action details Not available
14-5812 1c. Committees/Reports/RecommendationsMinutes of the Special Disability Committee meeting from January 5, 2022. Receive and file.received and filed  Action details Not available
14-5779 1a. Committees/Reports/RecommendationsOral update from the Chair of the Joint Personnel Committee.   Action details Not available
14-5814 1b. Committees/Reports/RecommendationsMinutes from the January 12, 2023, Special JPC meeting. Receive and file.received and filed  Action details Not available