Agenda
Packet
Minutes

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

1. Pledge of Allegiance.
    
2. Public Comment (3 minutes/speaker).
    
3. Recognition of Wrally Dutkiewicz for 10 years of service.

CONSENT ITEMS

4. 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 the following routine items:
         1. Certifications of membership.
         2. Service and disability allowances.
         3. Death benefits.
         4. Investment liquidity report.
      2. Accept the following routine items:
         1. Disability applications and authorize subpoenas as required.
         2. Investment asset allocation report.
      3. Receive the 2024 Compliance Activity Plan as presented to the Audit Committee at the November 29, 2023 meeting.
          
      4. Receive the Contra Costa County Human Resources Department employer audit report as presented to the Audit Committee at the November 29, 2023 meeting.
          
      5. Receive the Contra Costa County Administrator’s Office employer audit report as presented to the Audit Committee at the November 29, 2023 meeting.
          
      6. Receive the Contra Costa Animal Services employer audit report as presented to the Audit Committee at the November 29, 2023 meeting.
          
      7. Consider and take possible action to approve the 2023-2024 Internal Audit Plan, as recommended by the Audit Committee.
          
      8. Consider and take possible action to approve the Internal Audit Charter, as recommended by the Audit Committee.
          
   2. Consider and take possible action on Consent Items previously removed, if any. (Action Item)

CLOSED SESSION 

5. The Board will go into closed session pursuant to Govt. Code Section 54957 to consider recommendations from the medical advisor and/or staff regarding the following disability retirement applications:

   Member	Type Sought	Recommendation
   Stephen Bame	Service Connected	Service Connected
   Ma Teresa De Guzman Agas	Non-Service Connected	Non-Service Connected
   Michael Marshall	Service Connected	Service Connected
   Richard Nogueira	Service Connected	Service Connected
   Damon Pellegrini	Service Connected	Service Connected
   Casey Reel	Service Connected	Service Connected

6. CONFERENCE WITH LABOR NEGOTIATORS
   (Government Code § 54957.6)
   
   Agency designated representatives:
   Christina Dunn, Acting Chief Executive Officer
   Erica Grant, Human Resources Manager
   Alison Flowers, CCCERA’s Chief Negotiator
   
   Employee Organization: AFSCME Local 2700
    
7. PUBLIC EMPLOYMENT (Government Code § 54957(b))
   Title: Chief Executive Officer

OPEN SESSION

8. Consider and take possible action regarding service connected disability retirement allowance of deceased member Michael Newton. (Action Item)
    
9. Review of total portfolio performance for period ending September 30, 2023. (Presentation Item)
   1. Presentation from Verus
   2. Presentation from staff
10. Update on private equity and real estate allocations. (Presentation Item)
     
11. Pension administration system project update: (Presentation Item)
    1. Update from staff
    2. Presentation from Segal
    3. Presentation from Sagitec
12. Report from Audit Committee Chair on the November 29, 2023 Audit Committee meeting. (Presentation Item)
     
13. Consider authorizing the attendance of Board: (Action Item)
    1. 35th Annual Pension & Benefits Seminar, NAPO, January 28-30. 2024, Las Vegas, NV.
    2. Advanced Trustees and Administrators Institute, IFEBP, February 12-14, 2024, Orlando, FL.
14. Miscellaneous
    1. Staff Report
    2. Outside Professionals’ Report
    3. Trustees’ comments

The Board will adjourn in honor of Russell Watts’ retirement.