Details Meeting Name: BOARD OF RETIREMENT Agenda status: Final Meeting date/time: 5/5/2022 9:00 AM Minutes status: Final   Meeting location: Hybrid: In person (Trustees only)/Online Public live stream access: https://sbcera.legistar.com/calendar.aspx Trustee in-person access: 348 W. Hospitality Lane, 1st Floor, San Bernardino, CA 92408 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 (35) 35 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 22-169 1 1.   Consent Item Approve minutes of regular meeting conducted on April 7, 2022.     Action details Not available 22-162 1 2.   Consent Item Approve minutes of Special Board of Retirement Meeting conducted on February 24, 2022.     Action details Not available 22-160 1 3.   Consent Item Approve Service Retirements and Change Effective Date.     Action details Not available 22-170 1 4.   Consent Item Pursuant to SBCERA Resolution No. 2021-7, find that the State of Emergency continues to directly impact the ability to meet safely in person and therefore continue conducting the SBCERA Board and Committee meetings in the month of May in a hybrid format.     Action details Not available 22-144 1 5.   Consent Item Approve the Service-Connected Disability Retirement application of Troy J. Hutton - San Bernardino County - County Fire.     Action details Not available 22-147 1 6.   Consent Item Approve the Non-Service-Connected Disability Retirement with Supplemental Retirement Allowance of Charles A. Leming - San Bernardino County - Public Health.     Action details Not available 22-090 1 7.   Consent Item Approve the Service-Connected Disability Retirement application of Keith Montgomery - San Bernardino County - ARMC.     Action details Not available 22-163 1 8.   Consent Item Approve the Service-Connected Disability Retirement application of Heather Onsum Stoops - San Bernardino County - Sheriff/Coroner.     Action details Not available 22-146 1 9.   Consent Item Approve the Service-Connected Disability Retirement application of Joshua L. Wisham - San Bernardino County - Sheriff.     Action details Not available 22-167 1 10.   Consent Item Adopt SBCERA Resolution No. 2022-3 - Employer Pay Codes of Employee Compensation. Approved Pass Action details Video 22-172 1 11.   Consent Item Approve Compensation Adjustments for Chief Executive Officer and Chief Counsel. Approved as amended Pass Action details Video 22-003.3 1 12.   Consent Item Rescind Investment Policy No. 021 (Requests for Personally Identifiable Information).     Action details Not available 22-156.1 1 13.   Consent Item Approve and adopt updates to Education and Training Policy No. 001 (Trustees Education/Training Policy).     Action details Not available 22-155.1 1 14.   Consent Item Approve and adopt updates to Education and Training Policy No. 002 (Staff Education/Training, Travel & Expenses Policy).     Action details Not available 22-176 1 15.   Action Item Action on Deferred Items from Consent, if any.     Action details Not available 22-194 1 16.   Action 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 Fall Conference on Friday, May 13, 2022; Receive Legislative Update report.     Action details Video 22-142.1 1 17.   Action Item Approve the addition of Incentive Compensation for Investment Officers; and adopt Resolution No. 2022-2: Approval of the Implementation of San Bernardino County Employees’ Retirement Association Investment Staff Incentive Awards and Designation of Employees Approved Pass Action details Video 22-054.1 1 18.   Action Item Approve the initial allocation of $200 million to State Street Global Advisors for the MSCI World ex-USA Index strategy, subject to completion of legal document review. Approved Pass Action details Video 22-153.1 1 19.   Information Item Strategic Communications Plan - Annual Update.     Action details Video 22-186 1 20.   Information Item Presentation by NEPC of their Quarterly Investment Performance Review for the period ending March 31, 2022.     Action details Video 22-101.1 1 21.   Information Item 2022 Preliminary Asset Allocation Review & Capital Market Assumptions.     Action details Video 22-190 1 22.   Information Item Consider the addition of a sixth strategic pillar of “Data Security and Integrity” for inclusion in the Triennial Strategic Plan for Fiscal Years 2023 to 2025.     Action details Video 22-154 1 23.   Receive and File Report on the Investment Committee meeting conducted April 14, 2022.     Action details Not available 22-173 1 24.   Receive and File Report on the Executive Committee meeting conducted on April 14, 2022.     Action details Not available 22-174 1 25.   Receive and File Report on the Administrative Committee meeting conducted on April 21, 2022.     Action details Not available 22-145 1 26.   Closed Session Review and determine the Service-Connected Disability Retirement with Supplemental Retirement Allowance of James Gillam Jr. - San Bernardino County - Public Works. Approved Pass Action details Video 22-158 1 27.   Closed Session Review and determine the Service-Connected Disability Retirement with Supplemental Retirement Allowance of Alma Martinez - San Bernardino County - Behavioral Health. Approved Pass Action details Video 19-543.2 1 28.   Closed Session Approve and adopt the proposed findings and the recommendations of the referee regarding the Service-Connected Disability Retirement of Ramona Valdez - San Bernardino County - Child Support Services. Approved Pass Action details Video 22-164 1 29.   Closed Session Review and determine the Service-Connected Disability Retirement with Supplemental Retirement Allowance of Juanita Weiss - San Bernardino County - Probation. Continued Pass Action details Video 22-161 1 30.   Other Closed Session Items CONFERENCE WITH LABOR NEGOTIATORS (Government Code section 54957.6) Agency designated representatives: Debby Cherney, Stacey Barnier Employee Organization: Service Employees International Union Local 721     Action details Video 22-177 1 31.   Open Session Report by Counsel on actions taken in Closed Session.     Action details Video 22-191 1 32.   Executive Report Chief Executive Officer.     Action details Video 22-192 1 33.   Executive Report Chief Counsel.     Action details Video 22-187 1 34.   Executive Report Chief Investment Officer.     Action details Video 22-178 1 35.   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