Skip to main content
San Bernardino County Employees Retirement Association
File #: 25-289    Name:
Type: Action Item
File created: 7/9/2025 In control: ADMINISTRATIVE COMMITTEE
On agenda: 7/17/2025 Final action: 7/17/2025
Title: Recommend that the Board approve and adopt updates to General Policy No. 020 (Participating Employer Termination and Terminal Funding Obligation).
Attachments: 1. Exhibit A: General Policy No. 020 (Participating Employer Termination and Terminal Funding Obligation)

 

FROM:                                            Amy McInerny, Chief Financial Officer

 

SUBJECT:                                           General Policy No. 020 (Participating Employer Termination and Terminal Funding Obligation)

 

RECOMMENDATION:

title

Recommend that the Board approve and adopt updates to General Policy No. 020 (Participating Employer Termination and Terminal Funding Obligation).

body

 

BACKGROUND:

General Policy No. 005 involves the periodic review of Board Policies and indicates that the review shall be every three years. 

 

Pursuant to General Policy No. 005, staff has conducted a review of General Policy No. 020 (Participating Employer Termination and Terminal Funding Obligation), and has found it consistent with current practice.  Staff is therefore recommending renewal of General Policy No. 020 without substantive change.

 

BUDGET IMPACT:

None.

 

STRATEGIC PLANNING GOAL/OBJECTIVE:

Operational Excellence & Efficiency

 

STAFF CONTACT:

Amy McInerny

 

ATTACHMENTS:

Exhibit A:                     General Policy No. 020 (Participating Employer Termination and Terminal Funding Obligation)