July 19, 2017 10:00 a.m.

Post


Agenda

Open Session

Item 1 – Call to Order – No Materials
Item 2 – Public Comment – No Materials

Open Session – Minutes

Item 3 – Minutes
     Approved the minutes of the June 21, 2017 regular meeting

Open Session – Consent Matters

Item 4A – Best-Olds, Susan – Application for Disability Retirement (confidential)
     Approved a service-connected disability retirement

Item 4B – Clement, Jenean – Application for Disability Retirement (confidential)
     Granted a nonservice-connected disability retirement

Item 4C – Declusin, Joshua – Application for Disability Retirement (confidential)
     Granted a nonservice-connected disability retirement

Item 4D – Hackman, Veronica – Application for Disability Retirement (confidential)
     Granted a service-connected disability retirement

Item 4E – Reference; General Law and Authorized Board Actions on Disability Retirement Proposed Decisions
     No action taken

Item 5 – Sacramento County’s Request for Employer Contribution Prepayment for Fiscal Year 2017-2018 and Final reconciliation for Fiscal Year 2016-2017
     Approved Sacramento County’s request for employer contribution prepayment

Item 6 – Annual Oath of Office and Affirmation of Duties and Responsibilities by SCERS Board Members
     Executed the annual oath of office and affirmation of duties and responsibilities

Item 7 – Monthly Investment Manager Activity, Compliance, and Watch List Report – June 2017
     Received and filed the report

Item 8 – Monthly Report of New Investment Activity – June 2017 – No Materials
     No new activity to report for June 2017

Open Session – Administrative Matters

Item 9 – Interim Chief Executive Officer’s Report – No Materials
     No action taken

Item 10 – SCERS Enterprise Solutions and IT Modernization Program Update
     No action taken

Item 11 – Update on Park Tower transaction and office lease market in Downtown Sacramento
     Received and filed the report

Open Session – Investment Matters

Item 12 – Proposed Restated Master Investment Policy Statement
     Approved the proposed restated master investment policy statement

Item 13 – Proposed Revisions to SCERS Real Estate Investment Program
     Approved the proposed revisions to SCERS Real Estate Investment Program

Closed Session

Item 14 – Public Employee Performance Evaluation – No Materials
     No action taken

Open Session – Administrative Matters

Item 15 – Possible Amendment to Interim CEO Employment Agreement – No Materials
     Approved an amendment to Interim CEO employment agreement

Item 16 – Election of Board Officers
     Reelected the current Board Officers