Details Meeting Name: BOARD OF RETIREMENT Agenda status: Final Meeting date/time: 7/7/2022 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 (33) 33 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 22-230 1 1.   Consent Item Approve minutes of regular meeting conducted on June 2, 2022     Action details Not available 22-238 1 2.   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 July in a hybrid format.     Action details Not available 22-148 1 3.   Consent Item Approve Service Retirements and Change Effective Date.     Action details Not available 22-250 1 4.   Consent Item Approve the Service-Connected Disability Retirement application of Fernando G. Hernandez - San Bernardino County - Sheriff.     Action details Not available 22-240 1 5.   Consent Item Approve the Service-Connected Disability Retirement application of William A. Reece - San Bernardino County - Sheriff.     Action details Not available 22-239 1 6.   Consent Item Approve the 2022 Board of Retirement Election calendar and call an election on December 6, 2022 to elect one General Member, one Retired Member, and one Alternate Retired Member to the Board of Retirement, pursuant to SBCERA General Policy No. 006 (Board of Retirement Elections) and Government Code §31520.1 and §31520.5.     Action details Not available 22-272 1 7.   Consent Item Approve the Staff Position Classifications pursuant to the approved FY 2022-23 Annual Budget and Approve the Updated SBCERA Represented and Unrepresented Salary Schedules.     Action details Not available 22-274 1 8.   Consent Item Approve Special Assignment Compensation in the amount of 7.5% of base salary for the Legal Secretary in the Legal Services Department, effective April 8, 2022 through July 30, 2022 or such sooner date as the CEO determines SAC pay is no longer appropriate.     Action details Not available 22-233.1 1 9.   Consent Item Approve and adopt updates to Education and Training Policy No. 003 (Trustee Travel and Expense).     Action details Not available 22-234.1 1 10.   Consent Item Approve and adopt updates to Education and Training Policy No. 004 (Gift of Food and Drink Policy).     Action details Not available 22-236.1 1 11.   Consent Item Rescind Benefits Policy No. 005 (Additional Retirement Credit (ARC) Under Government Code sections 31658 and 7522.46), as of January 1, 2023.     Action details Not available 22-260 1 12.   Action Item Action on Deferred Items from Consent, if any.     Action details Not available 22-197.1 1 13.   Action Item Approve the 2022 Asset Allocation Review. Approved Pass Action details Video 22-256 1 14.   Action Item Approve an agreement with Linea Solutions for end-to-end process training services related to the PensionGold Refresh Project, in an amount not to exceed $197,400. Approved Pass Action details Video 22-086.1 1 15.   Action Item Approve and adopt updates to Actuary and Audit Policy No. 004 (Audit Committee Charter). Approved as amended Pass Action details Video 22-087.1 1 16.   Action Item Approve and adopt updates to Actuary and Audit Policy No. 005 (Internal Audit Charter). Approved Pass Action details Video 22-270 1 17.   Information Item Informational Update on Keenan and Associates’ Work on Employee Benefits Insurance Broker and Consulting Services.     Action details Video 22-237 1 18.   Receive and File Report on the Investment Committee meeting conducted June 9, 2022.     Action details Not available 22-241 1 19.   Receive and File Report on the Administrative Committee meeting conducted on June 16, 2022.     Action details Not available 22-247 1 20.   Receive and File Report on the Audit Committee meeting conducted on June 16, 2022.     Action details Not available 21-172.1 1 21.   Closed Session Review and determine the Service-Connected Disability Retirement application of Jeffrey Bohner - San Bernardino County - Sheriff. Approved as amended Fail Action details Video 21-172.1 1 21.   Closed Session Review and determine the Service-Connected Disability Retirement application of Jeffrey Bohner - San Bernardino County - Sheriff. Approved Pass Action details Video 22-253 1 22.   Closed Session Review and determine the Service-Connected Disability Retirement application of Gregory C. Loup - San Bernardino County - Sheriff. Approved Pass Action details Video 22-254 1 23.   Closed Session Review and determine the Service-Connected Disability Retirement application of Richard Zuchlewski - San Bernardino County - Sheriff. Continued Pass Action details Video 22-269 1 24.   Other Closed Session Items CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION Name of case: Service Employees International Union Local 721 v San Bernardino County Employees’ Retirement Association (LA-CE-1578-M).     Action details Video 22-268 1 25.   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 22-251 1 26.   Other Closed Session Items CONFERENCE WITH LEGAL COUNSEL - ANTICIPATION OF LITIGATION Initiation of litigation pursuant to paragraph (4) of subdivision (d) of Government Code section 54956.9: One (1) case. Approved Pass Action details Video 22-261 1 27.   Open Session Report by Counsel on actions taken in Closed Session.     Action details Video 22-258 1 28.   Executive Report Chief Executive Officer.     Action details Video 22-257 1 29.   Executive Report Chief Counsel.     Action details Video 22-243 1 30.   Executive Report Chief Investment Officer.     Action details Video 22-262 1 31.   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 22-263 1 32.   Trustees Report Report on June 2022 SACRS Board Meeting by Trustee Williams.     Action details Not available