San Bernardino County Employees' Retirement Assoc. - Meeting of BOARD OF RETIREMENT on 11/4/2021 at 9:00 AM

21-181

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-181
Ver.: 1
Agenda #: 1.
Type: Consent Item
Title: Approve minutes of regular meeting conducted on October 7, 2021.
Action:
Result:

21-171

Wed, 08 Feb 2023 23:19:45 GMT

File #: 21-171
Ver.: 1
Agenda #: 2.
Type: Consent Item
Title: Approve Service Retirements.
Action:
Result:

21-177

Wed, 08 Feb 2023 23:19:45 GMT

File #: 21-177
Ver.: 1
Agenda #: 3.
Type: Consent Item
Title: Approve the Service-Connected Disability Retirement application of Jeffrey T. Novinger - San Bernardino County - County Fire.
Action:
Result:

21-154

Wed, 08 Feb 2023 23:19:45 GMT

File #: 21-154
Ver.: 1
Agenda #: 4.
Type: Consent Item
Title: Approve the Non-Service-Connected Disability Retirement with Supplemental Retirement Allowance of Estela Tan - San Bernardino County - ARMC.
Action:
Result:

21-196

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-196
Ver.: 1
Agenda #: 5.
Type: Consent Item
Title: Pursuant to SBCERA Resolution No. 2021-7, find that the State of Emergency continues to directly impact the ability to meet safely in person and therefore continue conducting the SBCERA Board and Committee meetings in the month of November in a hybrid format.
Action:
Result:

21-126.1

Wed, 08 Feb 2023 23:19:45 GMT

File #: 21-126.1
Ver.: 1
Agenda #: 6.
Type: Consent Item
Title: Approve and adopt updates to Investment Policy No. 009 (Proxy Voting Policy).
Action:
Result:

21-161.1

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-161.1
Ver.: 1
Agenda #: 7.
Type: Consent Item
Title: Approve and adopt changes to Administration Policy No. 017 (Policy on Consent Agenda).
Action:
Result:

21-169

Wed, 08 Feb 2023 23:19:45 GMT

File #: 21-169
Ver.: 1
Agenda #: 8.
Type: Consent Item
Title: Ratify the attendance and related expense of Louis Fiorino to the Invesco Real Estate Global Client Conference held in San Diego, CA, on November 2-4, 2021.
Action:
Result:

21-186

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-186
Ver.: 1
Agenda #: 9.
Type: Action Item
Title: Action on Deferred Items from Consent, if any.
Action:
Result:

21-195

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-195
Ver.: 1
Agenda #: 10.
Type: Action Item
Title: Approve Segal Consulting’s Actuarial Valuation and Review, and related reports, as of June 30, 2021; approve employer and employee contribution rates commencing in July 2022.
Action: Approved
Result: Pass

21-170

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-170
Ver.: 1
Agenda #: 11.
Type: Action Item
Title: Approve the request of the South Coast Air Quality Management District (SCAQMD) to extend employment of Sandra Essner from November 9, 2021 to November 8, 2022 because an extreme necessity exists to continue the retiree’s employment beyond the 18-month limit, and thus the standards of SBCERA Board Administration Policy No. 015 “Retirees Returning to Work,” have been met.
Action: Approved
Result: Pass

21-112

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-112
Ver.: 1
Agenda #: 12.
Type: Action Item
Title: Approve the request to extend re-employment of James Ells from November 5, 2021 thru November 4, 2022, because an extreme necessity exists to continue the retiree’s employment beyond the 18-Month limit, and thus the standards of SBCERA Board Benefits Policy No. 032: “Retirees Returning to Work,” have been met.
Action: Approved
Result: Pass

21-113.2

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-113.2
Ver.: 1
Agenda #: 13.
Type: Action Item
Title: Approve Benefits Policy No. 034 (Disability Retirement COVID 19 Presumption Guidelines), as revised.
Action: Approved
Result: Pass

21-159.1

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-159.1
Ver.: 1
Agenda #: 14.
Type: Action Item
Title: Approve the new fee schedule for the Independent Medical Examiners through First Medical Experts and authorize the Chief Executive Officer to execute an amended Agreement with First Medical Experts including the newly adopted fee schedule.
Action: Approved
Result: Pass

21-179

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-179
Ver.: 1
Agenda #: 15.
Type: Action Item
Title: Provide direction to SBCERA Trustees appointed as voting delegate and alternate voting delegate for the SACRS Business Meeting to be held at the upcoming SACRS Fall Conference on November 12, 2021.
Action:
Result:

21-125.1

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-125.1
Ver.: 1
Agenda #: 16.
Type: Action Item
Title: Approve the selection of Finisterre Emerging Markets Total Return strategy with a $100 million allocation, subject to completion of due diligence and legal document review.
Action: Approved
Result: Pass

21-129.1

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-129.1
Ver.: 1
Agenda #: 17.
Type: Information Item
Title: 2021 Real Estate Pacing Plan Update.
Action:
Result:

21-163

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-163
Ver.: 1
Agenda #: 18.
Type: Information Item
Title: Presentation by NEPC of their Quarterly Investment Performance Review for the period ending September 30, 2021.
Action:
Result:

21-164

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-164
Ver.: 1
Agenda #: 19.
Type: Receive and File
Title: Report on the Investment Committee meeting conducted October 12, 2021.
Action:
Result:

21-178

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-178
Ver.: 1
Agenda #: 20.
Type: Receive and File
Title: Report on the Administrative Committee meeting conducted on October 21, 2021.
Action:
Result:

19-1497.1

Wed, 08 Feb 2023 23:19:46 GMT

File #: 19-1497.1
Ver.: 1
Agenda #: 21.
Type: Closed Session
Title: Review and determine the Service-Connected Disability Retirement application of John R. Chamberlin - San Bernardino County - County Fire.
Action: Approved
Result: Pass

19.780.2

Wed, 08 Feb 2023 23:19:46 GMT

File #: 19.780.2
Ver.: 1
Agenda #: 22.
Type: Closed Session
Title: Approve and adopt the proposed findings and the recommendations of the referee regarding the Service-Connected Disability Retirement of Dean C. Madison - San Bernardino County - Sheriff.
Action: Approved
Result: Pass

21-168

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-168
Ver.: 1
Agenda #: 23.
Type: Closed Session
Title: Review and determine the Service-Connected Disability Retirement with Supplemental Retirement Allowance of Frank J. Romero - San Bernardino County - County Fire.
Action: Approved as amended
Result: Pass

21-190

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-190
Ver.: 1
Agenda #: 24.
Type: Closed Session
Title: Approve and adopt the proposed findings and the recommendations of the referee regarding the Non-Service Connected Disability Retirement with Supplemental Retirement Allowance of Stephanie R. VanOver - San Bernardino County - Probation.
Action: Approved
Result: Pass

21-197

Wed, 08 Feb 2023 23:19:47 GMT

File #: 21-197
Ver.: 1
Agenda #: 25.
Type: Closed Session
Title: CONFERENCE WITH LABOR NEGOTIATORS (Government Code section 54957.6) Agency designated representatives: Debby Cherney, Stacey Barnier Employee Organization: Service Employees International Union Local 721
Action:
Result:

21-187

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-187
Ver.: 1
Agenda #: 26.
Type: Open Session
Title: Report by Counsel on actions taken in Closed Session.
Action:
Result:

21-188

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-188
Ver.: 1
Agenda #: 27.
Type: Executive Report
Title: Chief Executive Officer.
Action:
Result:

21-182

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-182
Ver.: 1
Agenda #: 28.
Type: Executive Report
Title: Chief Counsel.
Action:
Result:

21-175

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-175
Ver.: 1
Agenda #: 29.
Type: Executive Report
Title: Chief Investment Officer.
Action:
Result:

21-189

Wed, 08 Feb 2023 23:19:46 GMT

File #: 21-189
Ver.: 1
Agenda #: 30.
Type: Trustees Report
Title: Report by the Trustees concerning conferences and other meetings attended (as specified by Education & Training Policy No. 003 - “Trustee Travel and Expense Policy”).
Action:
Result: