FROM: Debby Cherney, Chief Executive Officer
SUBJECT: SACRS Business Meeting
RECOMMENDATION:
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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 15, 2019; direct staff to take a support position on SB 783 and the as yet unnamed LACERA bill on Government Code Section 31728.
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BACKGROUND:
The State Association of California Retirement Systems (SACRS) is hosting its Fall Business Meeting at the conclusion of the 2019 Fall Conference (late morning) on Friday, November 15, 2019. At the October 5, 2019 Board of Retirement meeting, SBCERA's Board Chair appointed Trustee Waner as voting delegate and Trustee Fiorino as alternate voting delegate.
Attached as Exhibit A is the complete SACRS Business Meeting packet which includes informational items primarily, although there are two action items on agenda item 5:
1. Whether to support SB 783, a bill filed on behalf of SACRS by the Senate Committee on Labor, Public Employment and Retirement.
2. Whether to support a bill sponsored by LACERA regarding an updated of Government Code Section 31726 and intemperate use of alcohol or drugs.
David Lantzer, SBCERA's Senior Staff Counsel, currently sits on the SACRS Legislative Committee, and has been actively involved in the creation of SB 783, which includes elements previously supported by the SBCERA Board. More information about the two items follows:
SB 783: Omnibus CERL Clean-up Bill
SB 783 is an omnibus bill sponsored by the Senate Committee on Labor, Public Employment and Retirement. The committee is sponsoring the bill at the request of SACRS. The bill makes corrections to, clarifies, and brings CERL into compliance with federal law. The bill includes two proposals from SBCERA - clarification of military service purchases and age limits for continuation payments to children of deceased members. Specifically...
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