Agenda
Packet

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

1. Pledge of Allegiance.
    
2. Public Comment (3 minutes/speaker).
    
3. Recognition of Jasmine Lee for 5 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 minutes from the September 25, 2024 and October 9, 2024 meetings.
      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. Travel report.
         3. Investment asset allocation report.
      4. Authorize Chair Gordon’s attendance at the 2024 Invesco Real Estate Global Client Conference, November 12-14, 2024, San Diego, CA.
          
      5. Consider and take possible action to adopt the CCCERA pay schedules for classifications represented by AFSCME, Local 2700, effective January 1, 2025.
          
      6. Consider and take possible action on the 2025 Board meeting schedule.
   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
   Alexei Shabanoff	Service Connected	Service Connected
   Steven Tycer	Service Connected	Service Connected

6. 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. N-23-2108 and C24-02944.

OPEN SESSION

7. Presentation of alternative investment fees and expense report. (Presentation Item)
    
8. Consider and take possible action to adopt the 2025 CCCERA budget. (Action Item)
    
9. Review of total portfolio performance for period ending September 30, 2024. (Presentation Item)
   1. Presentation from Verus
   2. Presentation from staff
10. Consider and take possible action to amend the Compensation Earnable Policy. (Action Item)
     
11. Consider authorizing the attendance of Board: (Action Item)
    1. NAPO 36th Annual Pension and Benefits Seminar, February 2-4, 2025, Las Vegas, NV.
    2. CALAPRS General Assembly, March 2-5, 2025, Napa, CA.
    3. NIRS 16th Annual Retirement Policy Conference, March 3-4, 2025, Washington, DC.
12. Miscellaneous
    1. Staff Report
    2. Outside Professionals’ Report
    3. Trustees’ comments