December 18, 2019 10:00 a.m.
Item 1 – Call to Order – No Materials
Item 2 – Public Comment – No Materials
Item 3A – Allen, Akenyah. – Proposed Decision of Administrative Law Judge dated September 26, 2019 (confidential)
Item 3B – Tarnow, Richard. – Staff recommendation dated December 18, 2019 (confidential)
Item 3C – Watson, James. – Staff recommendation dated December 18, 2019 (confidential)
Item 8 – Chief Executive Officer’s Report (No Materials)
Item 9 – Chief Investment Officer’s Report (No Materials)
– Actuarial Valuation and Review as of June
30, 2019 – Special District Revisions
Staff to recommend the Board adopt updated 2020-21 fiscal year employer contribution rates for special districts as recommended by Segal Consulting, and receive and file the revised Actuarial Valuation and Review as of June 30, 2019.
– Annual Independent Financial Statement
Presentation by the SCERS’ Audit Committee of the June 30, 2019 Independent Auditor’s Report on the Comprehensive Annual Financial Report; Required Communication in Accordance with Professional Standards (SAS 114); and Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters. Receive and file.
– Amendments to Dissolution of Marriage
Staff to recommend the Board approve updated Dissolution of Marriage Documents Policy to clarify non-member spouse waiver circumstances. Deliberation and action.
– Quarterly Investment Performance Report -
Cliffwater, LLC to present the performance report for the Absolute Return asset class for the period ending September 30, 2019, and for the Private Equity, Private Credit,Real Assets, and Opportunities portfolios for the periods ended June 30, 2019. Receive and file.