June 21, 2017 10:00 a.m.
Open Session
Item 1 – Call to Order – No Materials
Item 2 – Public Comment – No Materials
Open Session – Minutes
Item 3 – Minutes
Approved the minutes of the May 11, 2017
special meeting
Open Session – Consent Matters
Item 4A – Avera, Estella – Application for Disability
Retirement (confidential)
Denied a nonservice-connected disability
retirement
Item 4B – Brown, Kenneth – Application for Disability
Retirement (confidential)
Granted a nonservice-connected
disability retirement
Item 4C – Gilbert-Calogeris, Cheryl – Application for
Disability Retirement (confidential)
Denied a service-connected disability
retirement
Item 4D – Roa, Ruth – Application for Disability
Retirement (confidential)
Denied a service-connected disability
retirement
Item 4E – Stephens, Doris – Application for Disability
Retirement (confidential)
Granted a nonservice-connected
disability retirement
Item 4F – Reference; General Law and Authorized Board Actions
on Disability Retirement Proposed Decisions
No action taken
Item 5 – Interest Crediting on Member Contribution Accounts
for June 30, 2017
Approved the interest crediting on
member contribution accounts for June 30, 2017
Item 6 – Monthly Report of New Investment Activity – May
2017
Received and filed the report
Item 7 – Monthly Investment Manager Compliance Report and
Watch List – April and May 2017
Received and filed the report
Open Session – Administrative Matters
Item 8 – Interim Chief Executive Officer’s Report – No Materials
Item 9 – Proposed SCERS Administrative Budget for the
2017-2018 Fiscal Year
Approved the proposed SCERS
Administrative Budget for the 2017-2018 fiscal year
Item 10 – Update on Corrective Actions for Member Enrollment
Error and Proposed Revisions to Remediation Plan
Approved the proposed revisions to the
Mission Oaks member enrollment remediation plan and received and
filed the report
Item 11 – Update on Strategic Initiatives
Received and filed the update on
strategic initiatives
Open Session – Investment Matters
Item 12 – Review of Proposed Restated Master Investment Policy
Statement
Received and filed the report
Item 13 – Proposed Private Credit Investment Policy
Statement
Approved the proposed private credit
investment policy statement
Item 14 – Quarterly Investment Performance Report -
Alternative Assets
Received and filed the report
Item 15 – Quarterly Investment Performance Report – Real
Estate
Received and filed the report
Item 16 – Real Estate Program Discussion
Received and filed the report