August 18, 2021 10:00 a.m

Post


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

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 20Project 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 21Strategic Management Plan – Quarterly Performance Report
Staff to present progress on strategic goals. Receive and file.

Investment Matters

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

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

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