Details Meeting Name: BOARD OF RETIREMENT Agenda status: Final Meeting date/time: 5/1/2025 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 Published minutes: Minutes   Meeting video: Video   Attachments: Meeting Items (31) 31 records Group Clear sorting Clear grouping Group by Type Group by Result Export Export to Excel Export to PDF Export to Word Show: Legislation only Legislation only All agenda items File # Ver. Agenda # Name Type Title Action Result Action Details Video 25-167 1 1.   Recognition View recent feature of our We Are SBCERA video series. Approved as amended   Action details Video 25-168 1 2.   Consent Item Approve minutes of regular meeting conducted on April 3, 2025.     Action details Not available 25-164 1 3.   Consent Item Approve the Service-Connected Disability Retirement application of Finizia Barberi - San Bernardino County - Sheriff.     Action details Not available 23-526.1 1 4.   Consent Item Approve the dismissal with prejudice the Disability Retirement Application of Brian M. Barrie - San Bernardino County - Sheriff, due to Applicant’s noncooperation to complete the Formal Hearing proceeding pursuant to SBCERA Procedures for Disability Retirement Applications and Formal Hearing, Rule 33(c) - Dismissal for Lack of Prosecution.     Action details Not available 24-503.1 1 5.   Consent Item Approve the Service-Connected Disability Retirement application of Jennifer Deshon - San Bernardino County - County Fire.     Action details Not available 25-158 1 6.   Consent Item Approve the Service-Connected Disability Retirement application of George Dorta - San Bernardino County - Sheriff.     Action details Not available 25-163 1 7.   Consent Item Approve the Service-Connected Disability Retirement application of Arnulfo R. Gonzalez - San Bernardino County - Sheriff.     Action details Not available 25-155 1 8.   Consent Item Approve the Service-Connected Disability Retirement application of Daniel Jessup - San Bernardino County - Sheriff.     Action details Not available 25-178 1 9.   Consent Item Approve the Service-Connected Disability Retirement application of Patrick F. Murch - San Bernardino County - Sheriff.     Action details Not available 25-064 1 10.   Consent Item Approve the Service-Connected Disability Retirement application of Sarkis Ohannessian - San Bernardino County - Sheriff.     Action details Not available 24-379.1 1 11.   Consent Item Approve and adopt the proposed findings and recommendations of the referee regarding the Disability Retirement of Alethea C. Randolph-Johnson - San Bernardino County - Probation.     Action details Not available 25-112 1 12.   Consent Item Approve the request to extend the employment of Nancy Rios from May 4, 2025, through October 30, 2026, due to an extreme necessity to continue her employment beyond the 18-month limit. The request meets the criteria set forth in SBCERA Benefits Policy No. 032 “Retirees Returning to Work”.     Action details Not available 25-165 1 13.   Consent Item Ratify travel expenses for Trustees & CEO for the Fiscal Year Ending June 30, 2025 - as of March 31, 2025.     Action details Not available 25-174 1 14.   Action Item Action on Deferred Items from Consent, if any.     Action details Not available 25-144.1 1 15.   Action Item Approve a $200mm commitment to a new fund-of-one (the SBCERA Headwaters Fund) with Adams Street Partners under our existing MCA, subject to the finalization of legal documentation. Approved Pass Action details Video 25-180 1 16.   Information Item Presentation by NEPC of their Quarterly Investment Performance Review for the period ending March 31, 2025.     Action details Video 25-170 1 17.   Information Item 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 Spring Conference on May 16, 2025.     Action details Video 25-159 1 18.   Receive and File Report on the Investment Committee meeting conducted on April 10, 2025.     Action details Not available 25-182 1 19.   Receive and File Report on the Executive Committee meeting conducted on April 23, 2025.     Action details Not available 25-177 1 20.   Receive and File Service Retirements and Change Effective Date Approved by the Chief Executive Officer.     Action details Not available 25-173 1 21.   Executive Report Chief Executive Officer.     Action details Video 25-181 1 22.   Executive Report Chief Investment Officer.     Action details Video 25-176 1 23.   Trustees Report Report 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 25-057 1 24.   Closed Session Approve the Service-Connected Disability Retirement application of Kevin Ferber - San Bernardino County - Sheriff.     Action details Not available 25-161 1 25.   Closed Session Review and determine the Service-Connected Disability Retirement application of Shannon Laub - San Bernardino County - Sheriff. Denied Pass Action details Video 25-156 1 26.   Closed Session Review and determine the Service-Connected Disability Retirement with Supplemental Retirement Allowance of James Miller - San Bernardino County - Real Estate Services. Continued Pass Action details Video 25-157 1 27.   Closed Session Approve the Service-Connected Disability Retirement application of Kendall B. Taylor - San Bernardino County - Human Services.     Action details Not available 25-185 1 28.   Other Closed Session Items CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION Significant exposure to litigation pursuant to paragraph (2) of subdivision (d) of Section 54956.9: one case.     Action details Video 25-171 1 29.   Other Closed Session Items PUBLIC EMPLOYEE PERFORMANCE EVALUATION (Government Code Section 54957) Title: Chief Counsel     Action details Video 25-172 1 30.   Other Closed Session Items PUBLIC EMPLOYEE PERFORMANCE EVALUATION (Government Code Section 54957) Title: Chief Executive Officer     Action details Not available 25-175 1 31.   Open Session Report by Counsel on actions taken in Closed Session.     Action details Video