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Agenda
Minutes

Open Session

Item 1 – Call to Order – No Materials

Item 2 – Swearing In of New Trustees – No Materials

Item 3 – Public Comment – No Materials

Consent Matters

Item 4 – Teleconferencing Rule Under Ralph M. Brown Act

Item 5 – Minutes of the December 8, 2021 Regular Meeting

Item 6 – Minutes of the November 10, 2021 Special Meeting

Item 7 – Minutes of the December 21, 2021 Special Meeting​

Item 8A – Cano, Richardo; Staff recommendation dated January 19, 2022 (confidential)

Item 8B – Neff, Tyler; Staff recommendation dated January 19, 2022 (confidential)

Item 8C – Petty, Albert; Staff recommendation dated January 19, 2022 (confidential)

Item 8D – Wilbourn, Katheleen; Proposed Decision dated October 4, 2021​ (confidential)

Item 8E – Reference: General Law and Authorized Board Actions on Disability Retirement Proposed Decisions

Item 9 – Ratification of Service Retirement Application Approvals – November and December 2021​

Item 10 – State Association of County Retirement Systems Legislative Update – January 2022

Item 11 – ​Quarterly CEO Delegated Authority Expense Report

Item 12 – Pension Administration System Quarterly Review

Item 13 – Board Education Compliance Report for 2021

Item 14 – Placement Agent Disclosure Report – Fourth Quarter 2021

Item 15 – Monthly Investment Manager Activity, Compliance, and Watch List Reports – November and December 2021

Item 16 – Monthly Report of New Investment Activity - December 2021

Executive Reports

Item 17 – Chief Executive Officer’s Report – No Materials

Item 18 – Chief Investment Officer’s Report – No Materials

Item 19 – Chief Benefit Officer’s Report – No Materials

Investment Matters

Item 20 – Asset Class Restructuring: Real Estate
Staff to recommend implementation path for revised strategic asset allocation in Real Estate. Deliberation and action.

Item 21 – Asset Class Restructuring: Real Assets
Staff to recommend implementation path for revised strategic asset allocation in Real Assets. Deliberation and action.

Item 22 – ​Education: Investment Implementation Protocols
Staff to provide educational overview of SCERS’ implementation protocols for selecting external investment managers. Staff to recommend Board designate an ad hoc investment governance committee to discuss and evaluate implementation protocols, Board reporting, and communication between the Board and Staff. Receive and file, with deliberation and action on staff recommendations.