Skip to main content
San Bernardino County Employees Retirement Association
Meeting Name: BOARD OF RETIREMENT Agenda status: Final
Meeting date/time: 7/3/2025 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
25-262 11. RecognitionPresentation to Michael Kennedy in recognition of his service as a Trustee on the Board of Retirement from 2019 through 2025.   Action details Video Video
25-263 12. RecognitionView recent feature of our We Are SBCERA video series.   Action details Video Video
25-264 13. Consent ItemApprove minutes of regular meeting conducted on June 5, 2025.   Action details Not available
25-259 14. Consent ItemApprove the Service-Connected Disability Retirement application of Russell James Ballantyne - San Bernardino County - Sheriff.   Action details Not available
25-269 15. Consent ItemApprove the Service-Connected Disability Retirement application of William D. Carlton II - San Bernardino County - Sheriff.   Action details Not available
25-257 16. Consent ItemApprove the Service-Connected Disability Retirement with Supplemental Retirement Allowance of Patricia R. Rodriguez - San Bernardino County - Probation.   Action details Not available
25-258 17. Consent ItemApprove the Service-Connected Disability Retirement application of Jeffrey Sumpter - San Bernardino County - Sheriff.   Action details Not available
25-260 18. Consent ItemApprove the request to extend the employment of Sidney Hultquist from August 12, 2025, through December 26, 2025, in accordance with SBCERA Benefits Policy No. 032, “Retirees Returning to Work.” The request meets the policy criteria for extensions beyond the 18-month employment limit, based on the employer’s demonstration of extreme necessity and the time-limited scope of a defined project.ApprovedPass Action details Video Video
25-256 1+9. Consent ItemAdopt SBCERA Resolution No. 2025-4 - Employer Pay Codes of Employee Compensation.ApprovedPass Action details Video Video
25-283 110. Consent ItemApprove the Staff Position Classifications and Updated Salary Schedule Effective July 1, 2025.ApprovedPass Action details Video Video
25-265 111. Action ItemAction on Deferred Items from Consent, if any.   Action details Not available
25-160.1 112. Action ItemApprove an updated framework for Investment Officer incentive compensation, effective with FY 2025-26.ApprovedPass Action details Video Video
25-106.1 113. Action ItemApprove and adopt the Triennial Strategic Plan for Fiscal Years 2026 to 2028.ApprovedPass Action details Video Video
25-212.1 114. Action ItemApprove the 2025 Asset Allocation Review.ApprovedPass Action details Video Video
25-211.1 115. Information ItemEuropean Credit Manager Search Update.   Action details Video Video
25-280 116. Information ItemTransmittal from Auditors regarding Financial Statement Audit for the Fiscal Year Ending June 30, 2025.   Action details Video Video
25-277 117. Receive and FileReport on the Investment Committee meeting conducted on June 12, 2025.   Action details Not available
25-261 118. Receive and FileService Retirements and Change Effective Date Approved by the Chief Executive Officer.   Action details Not available
25-285 119. Executive ReportChief Executive Officer.   Action details Video Video
25-278 120. Executive ReportChief Investment Officer.   Action details Video Video
25-281 121. Executive ReportBoard Chair: Discussion on Committee Duties and Expectations.   Action details Video Video
25-268 122. 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