Skip to main content
Payment calendarCheck mailed May 27Direct deposit June 1

Board meeting - March 2021

Unless otherwise specified, meetings will be held at the following location:

Web Conference

***Public Meeting Notice***

All meeting times are approximate depending upon the end of the previous meeting.

March 4, 2021

Investment Committee - 9:00 a.m. 

Item 1 - Approval of Committee Agenda

Session: Open | Type: Action | Presenter: Chairperson

Item 01

Item 2 - Opportunities for Statements from the Public

Session: Open | Type: Informational | Presenter: Chairperson

Item 3 - Approval of Minutes of the January 27 and 28, 2021, Investment Committee Meeting – Open Session

Session: Open | Type: Consent/Action | Presenter: Chairperson

Item 03

Item 4 - Sustainable Investment & Stewardship Strategies – Private Portfolio – Second Reading

Session: Open | Type: Action | Presenter: Kirsty Jenkinson

Item 04Item 04 PowerPoint

Item 5 - Risk Mitigating Strategies Policy Revision – First Reading

Session: Open | Type: Action | Presenter: Steven Tong

Item 05Item 05 PowerPoint

Item 6a - Open Session Semi Annual Performance Reports

Session: Open | Type: Informational | Presenter: Meketa Investment Group

a. Receive General Consultant – Semi-Annual Performance Report, Period Ending December 31, 2020

Item 06a

Item 6b - Open Session Semi Annual Performance Reports

Session: Open | Type: Informational | Presenter: Robert Charles Lesser & Co.

b. Received Real Estate – Semi-Annual Performance Report, Period Ending September 30, 2020

Item 06bItem 06b PowerPoint

Item 6c - Open Session Semi Annual Performance Reports

Session: Open | Type: Informational | Presenter: Meketa Investment Group

c. Received Private Equity – Semi-Annual Performance Report, Period Ending September 30, 2020

Item 06cItem 06c PowerPoint

Item 7 - Chief Investment Officer’s Report – Open Session

Session: Open | Type: Informational | Presenter: Christopher Ailman

Item 07Item 07 PowerPoint

Item 8 - Review of Information Requests

Session: Open | Type: Informational | Presenter: Chairperson

Item 9 - Draft Agenda for Next Committee Meeting

Session: Open | Type: Informational | Presenter: Chairperson

Item 09

Item 10 - Approval of Minutes of the January 27, 2021, Investment Committee Meeting – Closed Session (Gov. Code, sec 11126)

Session: Closed | Type: Consent/Action | Presenter: Chairperson

Item 11 - Tactical Investment Strategy Discussion (Gov. Code, sec. 11126(c)(16))

Session: Closed | Type: Informational | Presenter: Investment Staff and Consultants

Item 12a - Closed Session Semi-Annual Performance Reports a. Received General Consultant – Semi-Annual Performance Report, Period Ending December 31, 2020 (Gov. Code, sec. 11126(c)(16))

Session: Closed | Type: Informational | Presenter: Meketa Investment Group

Item 12b - Closed Session Semi-Annual Performance Reports b. Receive Real Estate – Semi-Annual Performance Report, Period Ending September 30, 2020 (Gov. Code, sec. 11126(c)(16))

Session: Closed | Type: Informational | Presenter: Robert Charles Lesser & Co.

Item 12c - Closed Session Semi-Annual Performance Reports c. Receive Private Equity – Semi-Annual Performance Report, Period Ending September 30, 20120 (Gov. Code, sec. 11126(c)(16))

Session: Closed | Type: Informational | Presenter: Meketa Investment Group

Item 12d - Closed Session Semi-Annual Performance Reports d. Semi-Annual Report on Investment Manager Ratings (Gov. Code, sec. 11126(e))

Session: Closed | Type: Informational | Presenter: Investment Staff

Item 13 - Confer with and Receive Advice from Legal Counsel Regarding Pending Litigation (Gov. Code, sec. 11126(e))

Session: Closed | Type: Informational | Presenter: Brian J. Bartow

 

NOTE:  Items designated for information are appropriate for committee action if the committee wishes to take action. Items on the agenda of board committees may be referred to the board for discussion and possible action. Agenda items may be taken out of order with the approval of the Chairperson. Board members who are not members of the committee may attend and observe but may not participate in the discussion of agenda items.

March 5, 2021

Regular Meeting - 9:00 a.m. 

Item 1 - Approval of Agenda

Session: Open | Type: Action | Presenter: Chairperson

Item 01

Item 2 - State and Federal Legislation

Session: Open | Type: Action | Presenter: Joycelyn Martinez-Wade

Item 02

Item 3 - Review Long-Term Incentive Plan Framework

Session: Open | Type: Informational | Presenter: Melissa Norcia / Luis Navas, Global Governance Advisors

Item 03Item 03 PowerPoint

Item 4 - Pension Solution Project Update

Item 04

Session: Open | Type: Informational | Presenter: Prashant Mittal

Item 5 - Enterprise Risk Management Report

Session: Open | Type: Informational | Presenter: Julie Underwood / Phil Burkholder

Item 05

Item 6 - Annual GRI Sustainability Report

Session: Open | Type: Informational | Presenter: Jack Ehnes / Cassandra Lichnock

Item 06Item 06 PowerPoint

Item 7 - Chief Executive Officer Report

Session: Open | Type: Informational | Presenter: Jack Ehnes

Item 07

Item 8a - Committee Report 1) Investment Committee 2) Appeals Committee 3) Audits & Risk Managment Committee 4) Benefits & Services Committee 5)Board Governence Committee 6) Compensation Committee

Session: Open | Type: Consent/Action | Presenter: Chairperson

Item 8b - Adoption of the 2021-22 and 2022-23 Board Meeting Calendar

Session: Open | Type: Consent/Action | Presenter: Chairperson

Item 8b

Item 8c - Approval of Minutes of the January 28, 2021, Regular Meeting Open Session

Session: Open | Type: Consent/Action | Presenter: Chairperson

Item 08c

Item 8d - Board Member Education

Session: Open | Type: Consent/Information | Presenter: Chairperson

Item 08d

Item 8e - Contracts Requiring Board Approval

Session: Open | Type: Consent/Action | Presenter: Chairperson

Item 08e

Item 9 - Items Referred by Committee for Board Decision

Session: Open | Type: Informational | Presenter: Chairperson

Item 10 - New Business / Review of Information Requests

Session: Open | Type: Informational | Presenter: Chairperson

Item 11 - Draft Agenda for Next Meeting

Session: Open | Type: Informational | Presenter: Chairperson

Item 11

Item 12 - Opportunity for Statements from the Public

Session: Open | Type: Informational | Presenter: Chairperson


Item 13 - Approval of Minutes of the January 28, 2021, Regular Meeting – Closed Session (Gov. Code, sec. 11126)

Session: Closed | Type: Consent/Action | Presenter: Chairperson

Item 14a - Committee Reports (Gov. Code, Sec. 11126) a. Investment Committee

Session: Closed | Type: Consent/Information | Presenter: Chairperson

Item 14b - Committee Reports (Gov. Code, Sec. 11126) b. Appeals Committee

Session: Closed | Type: Consent/Information | Presenter: Chairperson

Item 15 - Report on Cybersecurity (Gov. Code, sec. 11126 (c)(18)(A))

Session: Closed | Type: Informational | Presenter: Scott Tirapelle / Cindy Gage

Item 16 - Chief Executive Officer Briefing on Performance and Personnel Issues (Gov. Code, sec. 11126(a), (b), (g))

Session: Closed | Type: Informational | Presenter: Jack Ehnes

Item 17 - Confer with and Receive Advice from Legal Counsel Regarding Pending Litigation (Gov. Code, sec. 11126(e))

Session: Closed | Type: Informational | Presenter: Brian J. Bartow

 

NOTE:  Items designated for information are appropriate for board action if the board wishes to take action. Agenda items may be taken out of order with the approval of the Chairperson.

Audits and Risk Management Committee - 1:30 p.m. (estimate) 

Item 1 - Approval of Committee Agenda

Session: Open | Type: Action | Presenter: Chairperson

Item 01

Item 2 - Approval of Minutes of the November 6, 2020, Audit and Risk Management Committee – Open Session

Session: Open | Type: Consent/Action | Presenter: Chairperson

Item 02

Item 3 - Progress Report on the 2020 Independent Auditor’s Report on Internal Control Over Financial Reporting and Management Letter

Session: Open | Type: Consent/Information | Presenter: Chairperson

Item 03

Item 4 - Financial Statement Audit Client Service Plan for FY 2020-21

Session: Open | Type: Informational | Presenter: Brenda Torres, Kevin Smith and Jen Aras, Crowe LLP

Item 04Item 04 PowerPoint

Item 5 - 2020 Internal Audit Plan Final Progress Report

Session: Open | Type: Informational | Presenter: Mike Dutil / Roseanne Oyoung

Item 05Item 05 PowerPoint

Item 6 - 2020 Enterprise Compliance Services Plan Final Progress Report

Session: Open | Type: Informational | Presenter: Cheryl Dietz

Item 06Item 06 PowerPoint

Item 7 - FY 2021-22 Meeting Work Plan

Session: Open | Type: Action | Presenter: Larry Jensen / Julie Underwood

Item 07

Item 8 - Committee Education: Enterprise Compliance Risk Management – Achieving the Basics and Pathways to Best Practices

Session: Open | Type: Action | Presenter: Yvette Connor, Grant Thornton

Item 08Item 08 PowerPoint

Item 9 - Review of Information Requests

Session: Open | Type: Informational | Presenter: Chairperson

Item 10 - Draft Agenda for the Next Committee Meeting

Session: Open | Type: Informational | Presenter: Chairperson

Item 10

Item 11 - Opportunity for Statements from the Public

Session: Open | Type: Informational | Presenter: Chairperson

 

NOTE:  Items designated for information are appropriate for committee action if the committee wishes to take action. Items on the agenda of board committees may be referred to the board for discussion and possible action. Agenda items may be taken out of order with the approval of the Chairperson. Board members who are not members of the committee may attend and observe, but may not participate in the discussion of agenda items.