The Regular Retirement Board meetings have returned to in-person meetings held in the SCERS Board Room. You can watch the meeting live here.

Agenda
Minutes

Open Session

Item 1 – Call to Order – No Materials

Item 2 – Election of Board Officers – No Materials

Item 3 – Public Comment – No Materials

Open Session – Consent Matters

Item 4 – Minutes of the June 10, 2021 Audit Committee meeting

Item 5 – Minutes of the June 16, 2021 Regular Meeting

Item 6 – Ratification of Service Retirement Application Approvals – June and July 2021

Item 7 – State Association of County Retirement Systems Legislative Update – August 2021

Item 8 – CEO Delegated Authority Expense Report

Item 9 – Pension Administration System Quarterly Review

Item 10 – Proxy Voting Activity Report – Second Quarter 2021

Item 11 – Placement Agent Disclosure Report – Second Quarter 2021

Item 12 – Portfolio Allocation and Rebalancing Report - Second Quarter 2021

Item 13 – Trading Cost Analysis Report – Fourth Quarter 2020 and First Quarter 2021

Item 14 – 2020 Alternative Asset Fee and Expense Report

Item 15 – Monthly Investment Manager Activity, Compliance, and Watch List Report – June and July 2021

Item 16 – Monthly Report of Investment Activity – June and July 2021

Executive Reports

Item 17 – Chief Executive Officer’s Report – No Materials

Item 18 – Chief Investment Officer’s Report – No Materials

Item 19 – Chief Benefits Officer’s Report – No Materials

Administrative Matters

Item 20 – Project Management Services
Staff to recommend Board authorize CEO to increase contract maximum with Linea Solutions for project management and oversight services, not to exceed $4.6 million. Deliberation and action.

Item 21 – Strategic Management Plan – Quarterly Performance Report
Staff to present progress on strategic goals. Receive and file.

Investment Matters

Item 22 – Asset Liability Modeling Study - Final Recommendation
Staff and Verus Advisory to recommend the Board approve the proposed asset allocation model mix.  Deliberation and action.

Item 23 – Representation on Advisory Committees Policy
Staff to recommend Board approved updated Representation on Advisory Committees Policy. Deliberation and action.

Item 24 – Total Fund Investment Performance Report - Second Quarter 2021
Verus Advisory to present the performance report for the quarter ended June 30, 2021. Receive and file.