****AMENDED****

 

 

RETIREMENT BOARD MEETING                Retirement Board Conference Room

   FIRST MONTHLY MEETING                   The Willows Office Park

                        9:00 a.m.                               1355 Willow Way

                                                                     Suite 221

                  March 9, 2011                              Concord, California

 

 

THE RETIREMENT BOARD MAY DISCUSS AND TAKE ACTION ON THE FOLLOWING:

 

1.         Pledge of Allegiance

 

2.         Accept comments from the public.

 

3.         Approve minutes from the February 23, 2011 meeting.

 

4.         Routine items for March 9, 2011.

                  a.   Approve certifications of membership.

                  b.   Approve service and disability allowances.

                  c.   Accept disability applications and authorize subpoenas as required.

                  d.   Approve death benefits.

 

5.         Consider and take action to consider change date for the March 23, 2011 and May 25, 2011 meetings.

 

6.         Update from staff on Application for IRS Letter of Determination.

 

7.         Presentation of 2010 Cash Flow Report.

 

7a.    Consider and take possible action on staff recommendation for building management  

         and leasing services.

 

8.         Consider and take possible action on staff recommendation regarding Retirement staff salaries and benefits.

 

 

 

9.         Consider and take possible action on:

 

a.    Staff recommendation for salary adjustment for Retirement General Counsel and Retirement Chief Investment Officer.

b.      Staff recommendation to perform a compensation study for represented positions.

 

10.      Consider and take possible action on recommendation from the ad hoc committee regarding Retirement CEO salary.

 

11.       Consider authorizing the attendance of Board and/or staff:

a.     Symposium, SACRS, March 16, 2011, Huntington Beach, CA

b.     Spring Conference, SACRS, May 10 – 13, 2011, Santa Barbara, CA.

c.     CAPP Parts I and II, International Foundation, June 14 – 17, 2011, Chicago, IL.

d.     Spring Conference, CRCEA, April 18 – 20, 2011, San Diego, CA.

e.     Public Pension Investment Management Program, SACRS, July 11-13, 2011, Berkeley, CA (note conflict with Board meeting).

f.      International Investment and Emerging Market, International Foundation, July 25 – 27, 2011, San Francisco, CA (note conflict with Board meeting).

 

            12.   Miscellaneous

                     a.   Staff Report

                     b.        Outside Professionals’ Report

                       c.    Trustees’ comments