Details Meeting Name: Police & Fire Department Retirement Plan and Health Care Trust Agenda status: Final-revised Meeting date/time: 9/9/2021 8:30 AM Minutes status: Final   Meeting location: Published agenda: Agenda Published minutes: Minutes Meeting Extra1: P&F Board Audio   Attachments: Meeting Items (46) 46 records Group Clear sorting Clear grouping Group by Type Group by Result Export Export to Excel Export to PDF Export to Word Show: Legislation only Legislation only All agenda items File # Ver. Agenda # Name Type Title Action Result Action Details Video 14-3258 1     Item Presentation of a commendation to Vince Sunzeri for his service as Trustee to the Police & Fire Retirement Plan’s Board of Administration.     Action details Not available 14-3278 1 A.   Item CLOSED SESSION: PURSUANT TO GOVERNMENT CODE SECTION 54956.81, TO CONSIDER PURCHASE OR SALE OF PARTICULAR, SPECIFIC PENSION FUND INVESTMENTS (ONE INVESTMENT).     Action details Not available 14-3230 1 a.   Board Minutes Approval Approval of the Revised Board Minutes of June 3, 2021.     Action details Not available 14-3231 1 b.   Board Minutes Approval Approval of the Board Minutes of August 5, 2021.     Action details Not available 14-3232 1 a.   Travel/Conference Attendance Prabhu Palani, CIO · Trusted Insight Platform LP Ecosystem Day - July 22, 2021 · BNY Mellon Wealth Management Pitch Day - September 14, 2021     Action details Not available 14-3233 1 a.   Return Contributions Voluntary / Involuntary.     Action details Not available 14-3234 1 a.   Communication/Information Report Police and Fire Retirement System Dashboard.     Action details Not available 14-3235 1 b.   Communication/Information Report The Institutional Investor article: San Jose’s Pension Funds Post Record-Breaking Returns, by Alicia McElhaney, August 4, 2021.     Action details Not available 14-3236 1 a.   Education & Training The Cortex Report - September 2021, Conferences, Seminars and Educational Programs.     Action details Not available 14-3237 1 b.   Education & Training CalAPRS Virtual Principles of Pension Governance for Trustees, September 28 - 30, 2021.     Action details Not available 14-3238 1 c.   Education & Training CalAPRS Virtual Intermediate Courses in Retirement Plan Administration, November 3-5, 2021.     Action details Not available 14-3239 1 d.   Education & Training CalAPRS Virtual Advanced Courses in Retirement Plan Administration, December 8 - 10, 2021.     Action details Not available 14-3240 1 a.   Investments Oral Update by CIO, Prabhu Palani.     Action details Not available 14-3272 1 b.   Investments Presentation of Calendar 1st Quarter 2021 Private Equity Report by Neuberger Berman. presented   Action details Not available 14-3273 1 c.   Investments Presentation of Calendar 1st Quarter 2021 Private Markets Report by Meketa Investment Group. presented   Action details Not available 14-3274 1 d.   Investments Presentation of Calendar 2nd Quarter 2021 Performance Report for Pension Plan by Meketa Investment Group. presented   Action details Not available 14-3275 1 e.   Investments Presentation of Calendar 2nd Quarter 2021 Performance Report for Health Care Trust by Meketa Investment Group. presented   Action details Not available 14-3244 1 a.   Item Discussion and action on Ordinance changes to clarify definition of FLSA Premium Pay. (Deferred from the August 5, 2021 Board meeting.) presented   Action details Not available 14-3242 1 a.   Item Oral update from the CEO of Retirement Services. Roberto L. Peña.     Action details Not available 14-3243 1 b.   Item Oral update from the City Council Liaison to the Board.     Action details Not available 14-3286 1 c.   Item Presentation by Bill Hallmark from Cheiron on amortization policy. presented   Action details Not available 14-3245 1 d.   Item Discussion of City staff’s objectives and approach to potential issuance of Pension Obligation Bonds (POBs). (TIME CERTAIN 11:30 A.M.) presented   Action details Not available 14-3241 1 e.   Item Presentation by Fiduciary Counsel regarding Pension Obligation Bonds (POB’s). presented   Action details Not available 14-3284 1 f.   Item Chairman’s thoughts on Pension Obligation Bonds (POB’s). presented   Action details Not available 14-3247 1 g.   Item Discussion and action on CIO’s compensation. approved   Action details Not available 14-3246 1 h.   Item Discussion and action on CEO’s compensation. approved   Action details Not available 14-3248 1 i.   Item Discussion and action on Board Committee Assignments. approved   Action details Not available 14-3249 1 j.   Item Presentation on Post-Traumatic Stress Disorder (PTSD) in retired police and fire members by the Association of Retired Police Officers & Firefighters President, Ray Storms. presented   Action details Not available 14-3285 1 k.   Item Discussion and action on consideration to refer disability application of former Board member James R. Mason to neutral retirement system for recommendation to the Board. approved   Action details Not available 14-3261 1 a.   Service Retirement Russell V. Davis, Fire Engineer, Fire Department, effective September 18, 2021; 25.18* years of service.     Action details Not available 14-3263 1 b.   Service Retirement Edward A. Dorsey, Police Officer, Police Department, effective September 17, 2021; 25.03* years of service.     Action details Not available 14-3264 1 c.   Service Retirement David Ennes, Battalion Chief, Fire Department, effective October 3, 2021; 31.71* years of service. (With Reciprocity CSJ YOS 20.04 + SJCERA YOS 6.84 + 4.81 PERS YOS)     Action details Not available 14-3265 1 d.   Service Retirement James R. Mason, Police Sergeant, Police Department, effective October 2, 2021; 29.43* years of service. (With Reciprocity CSJ YOS 19.49 + PERS YOS 9.93)     Action details Not available 14-3280 1 e.   Service Retirement Derek Parmer, Fire Captain, Fire Department, effective October 3, 2021; 31.26* years of service. (With Reciprocity CSJ YOS 20.01 + PERS YOS 11.54*)     Action details Not available 14-3260 1 a.   Deferred Vested Richard J. Benetiz, Jr., Police Sergeant, Police Department, effective September 6, 2021; 20.07* years of service.     Action details Not available 14-3279 1 a.   Early Retirement Cassidy D. Elischer, Police Officer, Police Department, effective October 2, 2021; 24.33* years of service. (With Reciprocity CSJ YOS 19.87 + PERS YOS 4.45*)     Action details Not available 14-3250 1 a.   Committees/Reports/Recommendations Oral update from the Chair of the Investment Committee.     Action details Not available 14-3276 1 b.   Committees/Reports/Recommendations Minutes of the June 22, 2021 Police and Fire Investment Committee meeting. Receive and file. received and filed   Action details Not available 14-3277 1 c.   Committees/Reports/Recommendations Minutes of the June 29, 2021 Joint Investment Committee meeting. Receive and file. received and filed   Action details Not available 14-3251 1 a.   Committees/Reports/Recommendations Oral update from the Chair of the Audit/Risk Committee.     Action details Not available 14-3252 1 b.   Committees/Reports/Recommendations Minutes of the May 20, 2021 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 14-3253 1 c.   Committees/Reports/Recommendations 4/1/21 - 6/30/21 Quarterly Travel and attendance for Police & Fire. Receive and file. received and filed   Action details Not available 14-3254 1 d.   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 14-3255 1 a.   Committees/Reports/Recommendations Oral update from the Chair of the Governance Committee.     Action details Not available 14-3256 1 a.   Committees/Reports/Recommendations Oral update from the Chair of the Disability Committee.     Action details Not available 14-3257 1 a.   Committees/Reports/Recommendations Oral update from the Chair of the Joint Personnel Committee.     Action details Not available