FROM: Debby Cherney, Chief Executive Officer
SUBJECT: SACRS Business Meeting / Legislative Update
RECOMMENDATION:
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 Friday, May 13, 2022; Receive Legislative Update report.
body
BACKGROUND:
The State Association of California Retirement Systems (SACRS) is hosting its Spring Business Meeting at the conclusion of the 2022 Spring Conference (late morning) on Friday, May 13, 2022. At the March 3, 2022 Board of Retirement meeting, SBCERA’s Board Chair appointed Trustee Williams as voting delegate and Trustee Hatch 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:
1. 2022-2023 SACRS Board of Directors Elections; and
2. SACRS Audit Report
Exhibit B is the agenda for the entire SACRS conference, for the Board’s reference.
Exhibits C through E are materials regarding the SACRS sponsored legislation, other CERL bills, and a Brown Act bill. Staff will provide an update on such legislation and its potential impact on SBCERA.
BUDGET IMPACT:
None.
STRATEGIC PLANNING GOAL/OBJECTIVE:
Effective Communications
STAFF CONTACT:
Debby Cherney
David Lantzer
ATTACHMENTS:
Exhibit A: SACRS Fall Business Meeting Packet
Exhibit B: SACRS Agenda
Exhibit C: Legislation Update Presentation
Exhibit D: SB 1328 Concern Letter
Exhibit E: SACRS Letter in support of AB 1944