May 20, 2020 10:00 a.m.
Item 1 – Call to Order – No Materials
Item 2 – Public Comment – No Materials
Item 3A – Castillo, Roxanne. Proposed decision of Administrative Law Judge dated May 20, 2020 (confidential)
Item 3B – Gayent, Mykel. Staff recommendation date April 15, 2020 (confidential)
Item 11 – Chief Executive Officer’s Report – No Materials
Item 12 – Chief Investment Officer’s Report – No Materials
– Actuarial Experience
Segal to present the Actuarial Experience Study during the Period July 1, 2016 through June 30, 2019. Staff to recommend Board approve the actuarial assumptions recommended in the report to be used in the actuarial valuation as of June 30, 2020, and approve a phase-in of the unfunded liability contribution-rate increase. Receive and file the report, with deliberation and action on the recommendations.
– Election Timeline for Alternate Safety
Staff to recommend Board postpone election for vacant Alternate Safety representative on the Board of Retirement until early 2021. Deliberation and action.
– Alternative Assets Consultant
Staff to recommend deferring Alternative Assets Consultant evaluation process, extending current contract with Cliffwater LLC through June 30, 2021, and authorizing the CEO to execute necessary documents. Deliberation and action.