Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.

Meeting Details

Meeting Name: BOARD OF RETIREMENT Agenda status: Final
Meeting date/time: 6/4/2026 9:00 AM Minutes status: Draft  
Meeting location: Board Room
348 W. Hospitality Lane, 1st Floor, San Bernardino, CA 92408 Live stream access: https://sbcera.legistar.com/calendar.aspx
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
26-253 11. RecognitionView recent feature of our We Are SBCERA video series.   Not available Not available
26-252 12. Consent ItemApprove minutes of regular meeting conducted on May 7, 2026.   Not available Not available
26-242 13. Consent ItemApprove the Service-Connected Disability Retirement application of James D. Compomizzi - San Bernardino County - Probation.   Not available Not available
26-118 14. Consent ItemApprove the Service-Connected Disability Retirement application of Matthew D. Griffith - San Bernardino County - Sheriff.   Not available Not available
26-230 15. Consent ItemApprove the Service-Connected Disability Retirement application of Kathleen M. Opliger - San Bernardino County - County Fire.   Not available Not available
26-227 16. Consent ItemApprove the request to extend the employment of Michael Siedle from June 13, 2026, through June 13, 2027, in accordance with SBCERA Benefits Policy No. 032, Retirees Returning to Work.   Not available Not available
26-240 17. Consent ItemApprove renewal of property and casualty insurance with Alliant Insurance Services and the Marsh & McLennan Insurance Agency LLC for fiscal year 2026-2027 in an amount not to exceed $502,566 with a contingency of $5,000 to account for any extreme dislocations in the insurance market that might change some of the quotes prior to binding coverage.   Not available Not available
26-226.1 18. Consent ItemApprove and adopt updates to Benefits Policy No. 029 (Standard for Determining the Eligibility of a Continuance for a Survivor Benefit).   Not available Not available
26-221.1 19. Consent ItemApprove and adopt updates to General Policy No. 018 (Oath of Office).   Not available Not available
26-254 110. Action ItemAction on Deferred Items from Consent, if any.   Not available Not available
26-212.1 111. Action ItemApprove the proposed Annual Budget for the Fiscal Year Ending June 30, 2027.   Not available Not available
26-144.1 112. Action ItemApprove the addition of the Deputy Chief Investment Officer to the updated framework for Investment Officer incentive compensation, effective with FY 2025-26.   Not available Not available
26-146.2 113. Action ItemApprove General Policy No. 023 (Designation of the Ex Officio Delegate to the Board).   Not available Not available
26-214.1 114. Action ItemApprove NEPC’s 2026 Asset Allocation Review.   Not available Not available
26-241 115. Action ItemReview and approve the Actuarial Experience Study for the period from July 1, 2022 to June 30, 2025, and adopt Segal’s recommended actuarial assumptions.   Not available Not available
26-216.1 116. Information ItemGoldman Sachs Asset Management MCA Update.   Not available Not available
26-251 117. Receive and FileReport on the Administrative Committee meeting conducted on May 21, 2026.   Not available Not available
26-235 118. Receive and FileReport on the Investment Committee meeting conducted on May 21, 2026.   Not available Not available
26-250 119. Receive and FileReport on the Executive Committee meeting conducted on May 26, 2026.   Not available Not available
26-258 120. Receive and FileService Retirements Approved by the Chief Executive Officer.   Not available Not available
26-255 121. Executive ReportChief Executive Officer.   Not available Not available
26-234 122. Executive ReportChief Investment Officer.   Not available Not available
26-257 123. Trustees ReportReport by the Trustees concerning conferences and other meetings attended (as specified by Education & Training Policy No. 003 - “Trustee Travel and Expense Policy”).   Not available Not available
26-217.1 124. Closed SessionPurchase or sale of particular, specific pension fund investments pursuant to Government Code Section 54956.81.   Not available Not available
26-236 125. Closed SessionPUBLIC EMPLOYEE PERFORMANCE EVALUATION (Government Code Section 54957) Title: Chief Executive Officer   Not available Not available
26-237 126. Closed SessionPUBLIC EMPLOYEE PERFORMANCE EVALUATION (Government Code Section 54957) Title: Chief Counsel   Not available Not available
26-256 127. Open SessionReport by Counsel on actions taken in Closed Session.   Not available Not available
26-238 128. Action ItemDetermine whether to award a merit bonus payment to the Chief Counsel, up to ten percent (10%) of her annual base salary.   Not available Not available
26-239 129. Action ItemDetermine whether to award a merit bonus payment to the Chief Executive Officer, up to ten percent (10%) of her annual base salary.   Not available Not available