April 20, 2022 10:00 a.m.
The Regular Retirement Board meetings have returned to in-person meetings held in the SCERS Board Room. You can watch the meeting live here.
Item 1 – Call to Order – No Materials
Item 2 – Public Comment – No Materials
Item 5A – Buenrostro, Richard; Proposed Decision Dated April 20, 2022 (confidential)
Item 13 – Chief Executive Officer’s Report – No Materials
Item 14 – Chief Investment Officer’s Report – No Materials
Item 15 – Chief Benefit Officer’s Report – No Materials
– Data Conversion Services
Staff to recommend the Board authorize the CEO to extend the contract with ICON Integration and Design for data conversion services by 12 months, through June 30, 2023, for an additional $180,155. Deliberation and action.
– Project Management and Oversight
Staff to recommend the Board authorize the CEO to extend the contract with Linea Solutions for project management and oversight services by 6 months, through June 30, 2023, for an additional $1.5 million. Deliberation and action.
– Operating Expense Budget for Fiscal Year
Staff recommends the Board approve an Operating Expense Budget of approximately $20.1 million and 63 positions for fiscal year 2022-23. Deliberation and action.
– Private Equity Secondary Sales: Education
Staff to recommend Board receive and file the education presentation on secondary sales within the private markets; authorize Staff to select and retain an advisory firm to lead a secondary sales process for Fund of Funds investments in the private equity portfolio; and, direct Staff to make conforming changes to the implementation protocols in the Growth Equity Investment Policy Statement. Deliberation and action.