|
14-6244
| 1 | A. | | Item | CLOSED SESSION: CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION: SIGNIFICANT EXPOSURE TO LITIGATION PURSUANT TO SECTION 54956.9(d)(2): THREE CASES. | | |
Action details
|
Not available
|
|
14-6245
| 1 | B. | | Item | CLOSED SESSION: PUBLIC EMPLOYEE PERFORMANCE EVALUATION PURSUANT TO GOVERNMENT CODE SECTION 54957(b)(1). Positions: Chief Executive Officer, Chief Investment Officer | | |
Action details
|
Not available
|
|
14-6195
| 1 | a. | | Item | Patrick Melikian, Firefighter, Fire Department, Request for Service-Connected Disability Retirement, effective December 25, 2021; 15.03* years of service. (Disability Committee Recommendation: Approval) | | |
Action details
|
Not available
|
|
14-6196
| 1 | a. | | Board Minutes Approval | Approval of the Board Minutes of May 4, 2023. | | |
Action details
|
Not available
|
|
14-6198
| 1 | a. | | Return Contributions | Voluntary | Involuntary | | |
Action details
|
Not available
|
|
14-6199
| 1 | a. | | Communication/Information Report | Police and Fire Retirement System Dashboard. | | |
Action details
|
Not available
|
|
14-6200
| 1 | b. | | Communication/Information Report | Report of the Monthly Board Expenses for April 2023. Receive and file. | | |
Action details
|
Not available
|
|
14-6197
| 1 | c. | | Communication/Information Report | Educational Travel Reports:
· CalAPRS General Assembly, Monterey Marriott, Monterey, CA - March 4 -7, 2023 - by Richard Santos | | |
Action details
|
Not available
|
|
14-6201
| 1 | a. | | Education & Training | The Cortex Report - May 2023, Conferences, Seminars and Educational Programs. | | |
Action details
|
Not available
|
|
14-6202
| 1 | b. | | Education & Training | CalAPRS 2023 Program Calendar. | | |
Action details
|
Not available
|
|
14-6203
| 1 | c. | | Education & Training | CalAPRS Principles of Pension Governance for Trustees 2023, Pepperdine University, Malibu, CA, August 28 - 31, 2023. | | |
Action details
|
Not available
|
|
14-6204
| 1 | a. | | Investments | Oral update by CIO, Prabhu Palani. | | |
Action details
|
Not available
|
|
14-6237
| 1 | b. | | Investments | Discussion and action on risk tolerance, with presentation of Risk Tolerance Survey Results by Verus Consulting. | presented | |
Action details
|
Not available
|
|
14-6238
| 1 | c. | | Investments | Presentation of Calendar 4th Quarter 2022 Private Equity report by Neuberger Berman. | presented | |
Action details
|
Not available
|
|
14-6239
| 1 | d. | | Investments | Presentation of Calendar 4th Quarter 2022 Private Markets report by Meketa Investment Group. | presented | |
Action details
|
Not available
|
|
14-6240
| 1 | e. | | Investments | Presentation of Calendar 1st Quarter 2023 Performance report for Pension Plan by Meketa Investment Group. | presented | |
Action details
|
Not available
|
|
14-6241
| 1 | f. | | Investments | Presentation of Calendar 1st Quarter 2023 Performance report for Health Care Trust by Meketa Investment Group. | presented | |
Action details
|
Not available
|
|
14-6251
| 1 | g. | | Investments | Discussion and action to add funds for one year of additional services to the following investment related subscription agreements:
· BCA Research (NTE $14,300)
· Burgis (NTE $20,000)
· Bloomberg Finance (NTE $155,000)
· Bloomberg Index Service (NTE $15,000)
· eVestment (NTE $27,000)
· JP Morgan Index (NTE $12,000)
· Pitchbook (NTE $30,000)
All cost shared 50/50 with the Federated Plan | approved | |
Action details
|
Not available
|
|
14-6205
| 1 | a. | | Item | Oral update from the CEO of Retirement Services, Roberto L. Peña. | | |
Action details
|
Not available
|
|
14-6206
| 1 | b. | | Item | Oral update from the City Council Liaison to the Board. | | |
Action details
|
Not available
|
|
14-6207
| 1 | c. | | Item | Discussion and action on authorizing the CEO to negotiate and execute a fourth amendment to the agreement with Marty Boyer, Communications Advantage, to extend the term of the Agreement through June 30, 2024, within previously approved NTE amount of $75,000. | approved | |
Action details
|
Not available
|
|
14-6236
| 1 | d. | | Item | Discussion and action on recommended incentive compensation ranges as follows, subject to further terms and conditions as set forth in the final Incentive Compensation Policy:
· A maximum of 50% of base salary for Chief Investment Officer Position
· A maximum 40% of base salary for Senior Investment Officer position
· A maximum of 30% of base salary for the Investment Officer position | approved | |
Action details
|
Not available
|
|
14-6209
| 1 | a. | | Service Retirement | Brian S. Anderson, Police Lieutenant, Police Department, effective July 8, 2023; 25.28* years of service. | | |
Action details
|
Not available
|
|
14-6208
| 1 | b. | | Service Retirement | Joe A. Favorito, Jr., Fire Captain, Fire Department, effective July 6, 2023; 25.19* years of service. | | |
Action details
|
Not available
|
|
14-6210
| 1 | c. | | Service Retirement | John M. Hutchings, Police Lieutenant, Police Department, effective May 13, 2023; 32.05* years of service. (With Reciprocity - 25.95 CSJ YOS +6.10 PERS YOS) | | |
Action details
|
Not available
|
|
14-6211
| 1 | d. | | Service Retirement | Scott R. Johnson, Police Lieutenant, Police Department, effective July 8, 2023; 27.30* years of service. | | |
Action details
|
Not available
|
|
14-6212
| 1 | e. | | Service Retirement | John Marfia, Police Sergeant, Police Department, effective July 22, 2023; 27.34* years of service. | | |
Action details
|
Not available
|
|
14-6213
| 1 | f. | | Service Retirement | Albert C. Morales, Police Sergeant, Police Department, effective June 24, 2023; 27.73* years of service. (With Reciprocity - 25.09 CSJ YOS + 2.64 PERS YOS) | | |
Action details
|
Not available
|
|
14-6214
| 1 | g. | | Service Retirement | Edward R. Schroder, Deputy Chief of Police, Police Department, effective June 10, 2023; 29.84* years of service. | | |
Action details
|
Not available
|
|
14-6215
| 1 | h. | | Service Retirement | Christopher M. Sciba, Police Sergeant, Police Department, effective July 8, 2023; 26.84* years of service. | | |
Action details
|
Not available
|
|
14-6216
| 1 | i. | | Service Retirement | Jarrod Thoni, Police Officer, Police Department, effective July 22, 2023; 25.84* years of service. | | |
Action details
|
Not available
|
|
14-6217
| 1 | j. | | Service Retirement | Doug T. Tran, Police Sergeant, Police Department, effective July 1, 2023; 27.28* years of service. | | |
Action details
|
Not available
|
|
14-6218
| 1 | k. | | Service Retirement | Michael Van Dalen, Fire Captain, Fire Department, effective July 22, 2023; 26.27* years of service. (With Reciprocity - 21.86 CSJ YOS + 4.40 PERS YOS) | | |
Action details
|
Not available
|
|
14-6219
| 1 | l. | | Service Retirement | Darren Wallace, Battalion Chief, Fire Department, effective June 24, 2023; 26.88* years of service. | | |
Action details
|
Not available
|
|
14-6220
| 1 | m. | | Service Retirement | Todd Wellman, Police Officer, Police Department, effective June 24, 2023; 20.03* years of service. | | |
Action details
|
Not available
|
|
14-6221
| 1 | a. | | Deferred Vested | Phil M. Craft, Police Officer, Police Department, effective June 22, 2023; 11.43* years of service. | | |
Action details
|
Not available
|
|
14-6222
| 1 | b. | | Deferred Vested | Mark Hawke, Police Officer, Police Department, effective July 27, 2023; 16.26* years of service. | | |
Action details
|
Not available
|
|
14-6226
| 1 | a. | | Committees/Reports/Recommendations | Oral update from the Chair of the Investment Committee. | | |
Action details
|
Not available
|
|
14-6227
| 1 | a. | | Committees/Reports/Recommendations | Oral update from the Chair of the Audit/Risk Committee. | | |
Action details
|
Not available
|
|
14-6228
| 1 | b. | | Committees/Reports/Recommendations | Minutes of the February 16, 2023 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
|
|
14-6229
| 1 | c. | | Committees/Reports/Recommendations | Update on the City Auditor’s Recommendation to the Office of Retirement Services. Receive and file. | received and filed | |
Action details
|
Not available
|
|
14-6230
| 1 | d. | | Committees/Reports/Recommendations | Discussion and action on the Committees’ recommendation to approve the FY 22-23 Office of Retirement Services Plans Audit Plan by Macias Gini & O’Connell LLP (MGO). | approved | |
Action details
|
Not available
|
|
14-6231
| 1 | a. | | Committees/Reports/Recommendations | Oral update from the Chair of the Governance Committee. | | |
Action details
|
Not available
|
|
14-6232
| 1 | a. | | Committees/Reports/Recommendations | Oral update from the Chair of the Disability Committee. | | |
Action details
|
Not available
|
|
14-6233
| 1 | b. | | Committees/Reports/Recommendations | Minutes of the P&F Disability Committee meeting from April 10, 2023. Receive and file. | received and filed | |
Action details
|
Not available
|
|
14-6234
| 1 | a. | | Committees/Reports/Recommendations | Oral update from the Chair of the Joint Personnel Committee. | | |
Action details
|
Not available
|
|
14-6235
| 1 | b. | | Committees/Reports/Recommendations | Minutes from the April 3, 2023 Joint Personnel Committee meeting. Receive and file. | received and filed | |
Action details
|
Not available
|