Agenda

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 October 18, 2017 regular meeting

Open Session – Consent Matters

Item 4A – Benuzzi, Mark – Application for Disability Retirement (confidential)
     Granted a service-connected disability retirement

Item 4B – Capanna, John – Application for Disability Retirement (confidential)
     Denied a service-connected disability retirement

Item 4C – Noble, Deborah M. – Application for Disability Retirement (confidential)
     Denied a nonservice-connected disability retirement

Item 4D – Roberts, Kenneth M. – Application for Disability Retirement (confidential)
     Granted a service-connected disability retirement

Item 4E – Schumaker, Shannon – Application for Disability Retirement (confidential)
     Granted a service-connected disability retirement

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

Item 5 – Quarterly Summary of Selected Fees and Costs for Outside Legal Services – First Quarter FY 2017-2018
     Received and filed the report

Item 6 – Portfolio Rebalancing Report – Third Quarter 2017
     Received and filed the report

Item 7 – Quarterly Trading Activity and Commission Recapture Report – Third Quarter 2017
     Received and filed the report

Item 8 – Monthly Report of New Investment Activity – October 2017
     Received and filed the report

Open Session – Administrative Matters

Item 9 – Interim Chief Executive Officer’s Report – No Materials

Item 10 – Actuarial Valuation and Review and GASB 67 Report as of June 30, 2017
     Received and filed the report.  Adopted the 2018-2019 fiscal year employer and employee contribution rates recommended by Segal Consulting.

Item 11 – Consulting Actuary’s Comments on Auditing Actuary’s Report
     Received and filed the report

Item 12 – Proposed Amendments to SCERS’ Bylaws
     This item was deferred

Item 13 – Proposed Contract for PAS Implementation Oversight
     Approved the recommendation to contract with Linea Solutions for project management oversight and consulting services

Open Session – Investment Matters

Item 14 – Fixed Income Implementation Plan
     Approved the recommendations regarding the fixed income implementation plan

Item 15 – Update on Core Real Estate Implementation Plan     Received and filed the report

Item 16 – Education on SCERS’ Real Assets Investments in Agriculture
     Received and filed the report