Agenda
Packet
Minutes

The Retirement Board May Discuss And Take Action On The Following:

1. Pledge of Allegiance.
    
2. Public Comment (3 minutes/speaker).

CONSENT ITEMS

3. 1. All Consent Items are to be approved by one action unless a Board Member requests separate action on a specific item. (Action Item)
      1. Approve minutes from the August 9, 2023 meeting.
          
      2. Approve the following routine items:
         1. Certifications of membership.
         2. Service and disability allowances.
         3. Death benefits.
         4. Investment liquidity report.
      3. Accept the following routine items:
         1. Disability applications and authorize subpoenas as required.
         2. Investment asset allocation report.
      4. Consider recommendations from the medical advisor and/or staff and approve the following disability retirement applications:

         Member	Type Sought	Recommendation
         James Boswell	Service Connected	Service Connected
         Gilbert Caravantes	Service Connected	Service Connected
         Mayette Daria	Non-Service Connected	Non-Service Connected

   2. Consider and take possible action on Consent Items previously removed, if any. (Action Item)

CLOSED SESSION 

The Board will go into closed session pursuant to Govt. Code Section 54957 to consider disability retirement application items, if any, removed from the Consent Items.

4. The Board will continue in closed session pursuant to Govt. Code Section 54956.9(d)(2) to confer with legal counsel regarding potential litigation (one case).
   ​
5. The Board will continue in closed session pursuant to Govt. Code Section 54956.9(d)(1) to confer with legal counsel regarding pending litigation:
   1. Nowicki v. CCCERA, et al., Contra Costa County Superior Court, Case No. C17-01266
6. PUBLIC EMPLOYMENT (Gov. Code § 54957(b))
   Title: Chief Executive Officer

OPEN SESSION

7. Actuarial 101 presented by Segal Consulting. (Presentation Item)
    
8. Consider and take possible action to amend the Actuarial Funding Policy. (Action Item)
    
9. Consider and take possible action to accept the GASB 68 report from Segal Consulting. (Action Item)
    
10. Consider and take possible action to authorize payments to trust accounts owned by retirees. (Action Item)
     
11. Consider and take possible action to approve pay code lists. (Action Item)
     
12. Pension administration system project update: (Presentation Item)
    1. Update from staff
    2. Presentation from Segal
    3. Presentation from Sagitec
13. Consider and take possible action to authorize retention of a consultant to assist with CEO recruitment. (Action Item)
     
14. Consider and take possible action on SACRS voting proxy form. (Action Item)
     
15. Miscellaneous
    1. Staff Report
    2. Outside Professionals’ Report
    3. Trustees’ comments