Agenda
Packet
Minutes

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

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

CLOSED SESSION

3. PUBLIC EMPLOYMENT (Government Code § 54957(b))
   Title: Chief Executive Officer
    
4. The Board will continue in closed session pursuant to Govt. Code Section 549569(d)(1) to confer with legal counsel regarding pending litigation:
   1. Stewart v. CCCERA Board of Retirement, et al., Contra Costa County Superior Court, Case No. T23-1589
5. The Board will continue in closed session pursuant to Govt. Code Section 54956.9(d)(4) to confer with legal counsel regarding requesting publication of opinion in Ventura County Employees’ Retirement Association v. Criminal Justice Attorneys Association of Ventura County, et al., Second District Court of Appeals Case No. B325277.

OPEN SESSION

6. Educational presentation on fiduciary duties presented by fiduciary counsel. (Presentation Item)
    
7. Consider and take possible action to implement the recommended investment benchmark structure. (Action Item)
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8. Pension administration system project update: (Presentation Item)
   1. Update from staff
   2. Presentation from Segal
   3. Presentation from Sagitec
9. Consider and take possible action to amend CCCERA’s Records Retention Policy. (Action Item)
    
10. Consider and take possible action to adopt Board of Retirement Resolution 2024-1 with benefit modifications including to increase the salary ranges by 6% for all unrepresented classifications effective April 1, 2024, with the exception of the Chief Executive Officer. (Action Item)
     
11. Update on private equity allocations. (Presentation Item)
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12. Consider authorizing the attendance of Board: (Action Item)
    1. SACRS Board of Directors and Program Committee Meetings, January 22-23, 2024, Riverside, CA.
    2. DFA 2024 Annual Institutional Symposium, February 28-29, 2024, Santa Monica, CA. (Note: Conflict with Board Meeting)
    3. Pension Bridge Annual Conference, April 15-17, 2024, Half Moon Bay, CA.
    4. Institutional Investor Public Funds Roundtable, April 30-May 1, 2024, Los Angeles, CA. (Note: Conflict with Board Meeting)
13. Miscellaneous
    1. Staff Report
    2. Outside Professionals’ Report
    3. Trustees’ comments