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Meeting Name: Police & Fire Department Retirement Plan and Health Care Trust Agenda status: Final
Meeting date/time: 8/5/2021 8:30 AM Minutes status: Final  
Meeting location:
Published agenda: Agenda Agenda Published minutes: Minutes Minutes Meeting Extra1 Label: Audio  
Meeting video:  
Attachments: Video, ORS video
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
14-3067 1A. ItemCLOSED SESSION: PUBLIC EMPLOYEE PERFORMANCE EVALUATION PURSUANT TO GOVERNMENT CODE SECTION 54957(b)(1). Position: Chief Executive Officer   Action details Not available
14-3068 1B. ItemCLOSED SESSION: PUBLIC EMPLOYEE PERFORMANCE EVALUATION PURSUANT TO GOVERNMENT CODE SECTION 54957(b)(1). Position: Chief Investment Officer   Action details Not available
14-3070 1a. Consent CalendarNicholas A. Kluka, Police Officer. Request for a Non-Service Connected Disability Retirement, effective May 5, 2021; 22.95* years of service. Pursuant to San Jose Municipal Code Section 3.36.302(E). (With Reciprocity - 2.95 CSJ YOS + 20.00 PERS YOS)   Action details Not available
14-3071 1a. Board Minutes ApprovalApproval of the Board Minutes of June 3, 2021.   Action details Not available
14-3087 1a. Travel/Conference AttendancePrabhu Palani, CIO · Pacific Pension and Investment Summer 2021 Roundtable, Virtual Conference - July 13 - July 15, 2021. · 2021 Pension Bridge Annual Conference, Virtual Program - July 27 - July 29, 2021.   Action details Not available
14-3072 1a. Return ContributionsVoluntary / Involuntary.   Action details Not available
14-3073 1a. Communication/Information ReportPolice and Fire Retirement System Dashboard.   Action details Not available
14-3074 1b. Communication/Information ReportReport of the Plan Expenses for May 2021. Receive and file.   Action details Not available
14-3075 1c. Communication/Information ReportBoard Committee Assignments. Receive and file.   Action details Not available
14-3076 1d. Communication/Information ReportRevised 2021 Scheduled Board and Standing Committee Meetings. Receive and file.   Action details Not available
14-3077 1e. Communication/Information ReportORS’s Quarterly Newsletter - The Retirement Connection.   Action details Not available
14-3078 1f. Communication/Information ReportThe Essential Allocator email regarding the City of San Jose Pension Plans, by Alicia McElhaney, July 16, 2021.   Action details Not available
14-3086 1a. Report out of Closed SessionReport out of Closed Session from the December 3, 2020 Police and Fire Board Meeting.   Action details Not available
14-3079 1a. Change of Retirement ApplcationApproval for a change in effective date for Phillip Mancini from July 16, 2021 to July 17, 2021 for a Deferred Vested Retirement, approved at the June 3, 2021 Board meeting.   Action details Not available
14-3080 1a. Alternate BeneficiaryApproval of Alternate Payee Benefit election of Reduced Lifetime Monthly Payment Option to be paid to Stacey Cleaver, ex-spouse of Police Sergeant, Todd Cleaver to be effective May 25, 2021 under Part 17, Section 3.36.3600 of the San Jose Municipal Code.   Action details Not available
14-3081 1a. Approval of Administrative MattersApproval to amend the request for Board approval regarding the agreement with Segal Company for Actuarial Services as approved at the February 4, 2021 meeting.   Action details Not available
14-3082 1a. Education & TrainingThe Cortex Report - July 2021, Conferences, Seminars and Educational Programs.   Action details Not available
14-3083 1b. Education & TrainingCalAPRS Virtual Principles of Pension Governance for Trustees, September 28 - 30, 2021.   Action details Not available
14-3084 1c. Education & TrainingCalAPRS Virtual Intermediate Courses in Retirement Plan Administration, November 3-5, 2021.   Action details Not available
14-3085 1d. Education & TrainingCalAPRS Virtual Advanced Courses in Retirement Plan Administration, December 8 - 10, 2021.   Action details Not available
14-3089 1a. InvestmentsOral Update by CIO, Prabhu Palani.   Action details Not available
14-3090 1b. InvestmentsDiscussion on Pension Obligation Bonds by CIO Palani, Meketa Investment Group, & Verus Investments.presented  Action details Not available
14-3091 1a. ItemOral update from the CEO of Retirement Services. Roberto L. Peña.   Action details Not available
14-3092 1b. ItemOral update from the City Council Liaison to the Board.   Action details Not available
14-3127 1c. ItemDiscussion and action on Ordinance changes to clarify definition of FLSA Premium Pay. (TIME CERTAIN: 11:00 A.M.)deferred  Action details Not available
14-3126 1d. ItemActuarial presentation by Cheiron on updated Pension Projections on preliminary investment returns as of June 30, 2021.presented  Action details Not available
14-3093 1e. ItemDiscussion and action on staff’s recommendation for approval for the CEO to negotiate and execute an Agreement with Work Health Solutions to provide Disability Medical Evaluation Services to the Board for an amount not to exceed $250,000 for fiscal year 2021-22 with two one-year extension options to extend beyond June 30, 2022.approved  Action details Not available
14-3094 1f. ItemUpdate on ORS Communications Plan by Barbara Hayman.presented  Action details Not available
14-3096 1a. Service RetirementGregory W. Alameda, Fire Captain, Fire Department, effective August 5 2021; 25.52* years of service.   Action details Not available
14-3097 1b. Service RetirementRobert L. Bacon, Jr., Battalion Chief, Fire Department, effective August 7, 2021; 25.06* years of service.   Action details Not available
14-3099 1c. Service RetirementScott Campbell, Firefighter, Fire Department, effective September 2, 2021; 25.61* years of service.   Action details Not available
14-3100 1d. Service RetirementPeter Caponio, Fire Captain, Fire Department, effective August 7, 2021; 26.52* years of service.   Action details Not available
14-3101 1e. Service RetirementBrian Endicott, Fire Captain, Fire Department, effective August 7, 2021; 25.05* years of service.   Action details Not available
14-3102 1f. Service RetirementSteven P. Nelson, Fire Captain, Fire Department, effective August 7, 2021; 26.05* years of service.   Action details Not available
14-3103 1g. Service RetirementDavid J. Tindall, Deputy Chief, Police Department, effective July 24, 2021; 26.99* years of service. (With Reciprocity CSJ YOS 25.76 + PERS YOS 1.22)   Action details Not available
14-3114 1a. Committees/Reports/RecommendationsOral update from the Chair of the Investment Committee.   Action details Not available
14-3115 1b. Committees/Reports/RecommendationsMinutes of the April 20, 2021 Police and Fire Investment Committee meeting. Receive and file.received and filed  Action details Not available
14-3116 1c. Committees/Reports/RecommendationsMinutes of the April 20, 2021 Joint Investment Committee meeting. Receive and file.received and filed  Action details Not available
14-3117 1a. Committees/Reports/RecommendationsOral update from the Chair of the Audit/Risk Committee.   Action details Not available
14-3118 1a. Committees/Reports/RecommendationsOral update from the Chair of the Governance Committee.   Action details Not available
14-3119 1b. Committees/Reports/RecommendationsMinutes of the March 4, 2021 Joint Governance 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
14-3120 1c. Committees/Reports/RecommendationsDiscussion and action on the Committees’ recommendation to approve the Succession Planning Policy.approved  Action details Not available
14-3121 1a. Committees/Reports/RecommendationsOral update from the Chair of the Disability Committee.   Action details Not available
14-3122 1b. Committees/Reports/RecommendationsMinutes from the April 5, 2021 Police and Fire Disability Committee meeting. Receive and file.received and filed  Action details Not available
14-3123 1c. Committees/Reports/Recommendations2021 1st Quarter Dashboard Reports and the 2021 1st Quarter Detailed Statistics Reports. Receive and file.received and filed  Action details Not available
14-3124 1a. Committees/Reports/RecommendationsOral update from the Chair of the Joint Personnel Committee.   Action details Not available