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San Bernardino County Employees Retirement Association
Meeting Name: BOARD OF RETIREMENT Agenda status: Final
Meeting date/time: 1/8/2026 9:00 AM Minutes status: Final  
Meeting location: Board Room
348 W. Hospitality Lane, 1st Floor, San Bernardino, CA 92408 Live stream access: https://sbcera.legistar.com/calendar.aspx A video recording of this meeting can be found at: https://sbcera.legistar.com/Calendar.aspx
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
25-479 11. RecognitionOath of Office.   Action details Video Video
26-007 12. Action ItemElection of Board Chair and Vice-Chair for calendar year 2026.ApprovedPass Action details Video Video
26-007 12. Action ItemElection of Board Chair and Vice-Chair for calendar year 2026.ApprovedPass Action details Video Video
26-002 13. Consent ItemApprove minutes of regular meeting conducted on December 4, 2025.   Action details Not available
25-489 14. Consent ItemApprove the Nonservice-Connected Disability Retirement with Supplemental Retirement Allowance of Terri Mrozek - San Bernardino County - Human Services.   Action details Not available
25-420 15. Consent ItemRatify travel expenses for Trustees & CEO for the Fiscal Year Ending June 30, 2026 - as of September 30, 2025.   Action details Not available
25-422.1 16. Consent ItemApprove and adopt updates to Administration Policy No. 009 (Correcting and Reissuing 1099-Rs).   Action details Not available
25-423.1 17. Consent ItemApprove and adopt updates to Benefits Policy No. 024 (Benefit Administration Procedures).   Action details Not available
26-027 18. Consent ItemApprove the attendance and estimated expenses for Louis Fiorino to attend the Pension Bridge Private Credit conference in San Diego, CA on February 2-4, 2026.ApprovedPass Action details Video Video
25-487.1 19. Consent ItemApprove the purchase of modular offices and furniture for SBCERA Suite 106 and additional areas and authorize the Chief Executive Officer to execute agreements with GM Business Interiors in an amount not to exceed $192,683.74.   Action details Not available
26-003 110. Action ItemAction on Deferred Items from Consent, if any.   Action details Video Video
26-018 111. Action ItemApprove an annual retiree cost-of-living adjustment of 2% effective April 1, 2026.ApprovedPass Action details Video Video
25-446.1 112. Action ItemApprove updates to Benefits Policy No. 031 (Tax Compliance) and adopt Resolution 2026-1 (Resolution Adopting Updated Tax Compliance Regulations).ApprovedPass Action details Video Video
25-437.1 113. Action ItemApprove the 2026 Private Equity Pacing Plan.ApprovedPass Action details Video Video
25-438.1 114. Action ItemApprove the 2026 Real Estate Pacing Plan.ApprovedPass Action details Video Video
26-015 115. Information ItemMember Services performance metrics for 2025.   Action details Video Video
26-011 116. Receive and FileReport on the Investment Committee meeting conducted on December 11, 2025.   Action details Not available
26-020 117. Receive and FileReport on the Administrative Committee meeting conducted on December 18, 2025.   Action details Not available
26-019 118. Receive and FileService Retirements and Change Effective Date Approved by the Chief Executive Officer.   Action details Not available
26-005 119. Executive ReportChief Executive Officer - Update on Implementation of Strategic Plan and Priorities.   Action details Video Video
26-016 120. Executive ReportChief Counsel.   Action details Video Video
26-010 121. Executive ReportChief Investment Officer.   Action details Video Video
26-006 122. Trustees ReportReport by the Trustees concerning conferences and other meetings attended (as specified by Education & Training Policy No. 003 - “Trustee Travel and Expense Policy”).   Action details Video Video
26-017 123. Other Closed Session ItemsCONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION (Paragraph (1) of subdivision (d) of Section 54956.9) Case name: GTCC 1 LLC et al. v. InterVest Capital Partners et al., New York Supreme Court Case No. 654810/2025   Action details Video Video
26-004 124. Open SessionReport by Counsel on actions taken in Closed Session.   Action details Video Video