Agenda

Open Session

Item 1 – Call to Order – No Materials
Item 2 – Public Comment – No Materials

Open Session – Minutes

Item 3 – Approved the minutes of the December 20, 2017 regular meeting

Open Session – Consent Matters

Item 4A – Bautista, Manuel – Application for Disability Retirement (confidential)
     Denied a service-connected disability retirement

Item 4B – Farley, Jeffrey A. - Application for Disability Retirement (confidential)
     Denied a service-connected disability retirement

Item 4C – Hahn, Ellie - Application for Disability Retirement (confidential)
     Denied a service-connected disability retirement

Item 4D – Micanovic, Nada - Application for Disability Retirement (confidential)
     Denied a service-connected disability retirement

Item 4E – Moore, Steven A. – Application for Disability Retirement (confidential)
     Granted a service-connected disability retirement

Item 4F – Garcia, Roy – Application for Disability Retirement (confidential)
     Granted a service-connected disability retirement

Item 4G – Waters, Candace Y. – Application for Disability Retirement (confidential)
     Denied a service-connected disability retirement

Item 4H – Reference; General Law and Authorized Board Actions on Disability Retirement Proposed Decisions
     No action taken

Item 5 – Affirmation of Existing SCERS Policies
     Affirmed the existing SCERS policies

Item 6 – Monthly Report of New Investment Activity - December 2017
     Received and filed the report

Item 7  – Monthly Investment Manager Activity, Compliance, and Watch List Report – December 2017
     Received and filed the report

Open Session – Administrative Matters

Item 8 – Chief Executive Officer’s Report – No Materials

Item 9 – New Audit Committee
     Established the audit committee

Item 10 – Proposed Amendments to SCERS’ Bylaws
     Approved the proposed amendments

Item 11 – Investment Accounting System Report
     Received and filed the report

Open Session – Investment Matters

Item 12 – Proposed Structure and Implementation Plan for Domestic and International Equity Asset Classes
     Approved the proposed structure and implementation plan

Item 13 – Proposed Modifications to the Portfolio Overlay Program
     Approved the proposed modifications

Closed Session

Item 14 – Conference with Legal Counsel – Anticipated Litigation (confidential)
     No action taken