April 15, 2020 10:00 a.m.
If you wish to watch the meeting and/or address the Board, you
can connect using the BlueJeans video-conferencing system
here. If you need instructions on using BlueJeans,
click here.
Agenda
Open Session
Item 1 – Call to Order – No Materials
Item 2 – Public Comment – No Materials
Consent Matters
Item 3A – Northon, Richmond. Staff recommendation dated April 15, 2020 (confidential)
Item 3B – Reference: General Law and Authorized Board Actions on Disability Retirement Proposed Decisions
Item 4 – Minutes of the March 18, 2020 Regular Meeting
Item 5 – Ratification of Service Retirement Application Approvals – March 2020
Item 6 – State Association of County Retirement Systems Legislative Update – April 2020
Item 7 – CEO Delegated Authority for Expenses Quarterly Report – March 2020
Item 8 – SCERS IT Modernization Program Quarterly Report
Item 9 – Strategic Management Plan Quarterly Performance Report
Item 10 – Placement Agent Disclosure Report
Item 11 – Monthly Investment Manager Activity, Compliance and Watch List Report – March 2020
Item 12 – Monthly Report of New Investment Activity – March 2020
Executive Reports
Item 13 – Chief Executive Officer’s Report – No Materials
Item 14 – Chief Investment Officer’s Report
Administrative Matters
Item 15 – SCERS 2020-21 Proposed Budget
Staff to recommend the Board approve the 2020-21 SCERS
Budget. Deliberation and action.
Benefit Matters
Item 16 – Service Credit Policy
Staff to recommend Board approve policy revision to reflect
technical methodology change for calculating service credit on a
biweekly basis as part of Pension Administration System
implementation. Deliberation and action.
Item 17 – Sick Leave Conversion Policy – Discussion
Draft
Staff to recommend Board approve Sick Leave Conversion
discussion draft for dissemination to stakeholders.
Deliberation and action.
Investment Matters
Item 18 – Proxy Voting
Staff to recommend Board (1) extend service agreement with
Institutional Shareholder Services, and authorize CEO to
executive necessary documents; and (2) select ISS guidelines for
voting SCERS’ proxies. Deliberation and action.