FROM:                                            Debby Cherney, Chief Executive Officer
 
SUBJECT:                                            SACRS Business Meeting
 
RECOMMENDATION: 
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Provide direction to SBCERA’s voting delegate for the SACRS Business Meeting to be held at the upcoming SACRS Fall Conference on November 14, 2025.
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BACKGROUND: 
The State Association of California Retirement Systems (SACRS) is hosting its Fall Business Meeting at the conclusion of the 2025 Fall Conference on Friday, November 14, 2025.  At the October 2, 2025 Board of Retirement meeting, SBCERA’s Board appointed Trustee Johnson as voting delegate and Debby Cherney as the alternate voting delegate. 
 
Attached as Exhibit A is the complete SACRS Business Meeting packet which primarily includes informational items.  There is one action item on the agenda, on which staff recommends a favorable vote:
 
1.                     Agenda Item No. 5 - SACRS Legislative Committee Report
 
Exhibit B is the preliminary agenda for the entire SACRS conference, for the Board’s reference.
 
BUDGET IMPACT: 
None.
 
STRATEGIC PLANNING GOAL/OBJECTIVE:
Effective Communications
 
STAFF CONTACT:
Debby Cherney
 
ATTACHMENTS: 
Exhibit A:                     SACRS Fall Business Meeting Packet
Exhibit B:                      SACRS Preliminary Agenda