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BOARD OF RETIREMENT
FRESNO COUNTY EMPLOYEES’ RETIREMENT ASSOCIATION
Wednesday, August 20, 2008 – 8:30 AM
FCERA Boardroom
1111 H Street
Fresno, CA 93721
AGENDA
1. Call to Order
2. Pledge of Allegiance
3. Public Presentations – Any member of the public may address the Retirement Board on any topic within the jurisdiction of the Retirement Board. Individual presentations shall be limited to five (5) minutes. The Retirement Board is generally legally prohibited from taking any action on presentations until a subsequent meeting.
Consent Agenda/Opportunity for Public Comment: All items listed with an asterisk (*) are considered to be routine and non-controversial by staff and will be approved by one motion if no member of the Board or public wishes to comment or ask questions. If comment or discussion is desired by anyone, the item will be removed from the consent agenda and will be considered in the listed sequence with an opportunity for any member of the public to address the Board concerning the item before action is taken. Staff recommendations are shown in caps after each item.
*4. Approve the August 6, 2008 Retirement Board Regular Meeting Minutes – RECEIVE AND FILE; APPROVE
*5. Summary of monthly statistics from the Retirement Association Office on buybacks, retirement benefit estimates, public service, age adjustments, final compensation calculations, and disability retirement applications for July 2008 (Acrobat reader required) – RECEIVE AND FILE
*6. Update of Board of Retirement directives to FCERA Administration – RECEIVE AND FILE
*7. Recognize Carol Sheela, Retirement Benefits Manager, for successfully completing the CALAPRS Management Supervisory Academy – RECEIVE AND FILE
*8. Approve Administration’s request to surplus equipment no longer needed for FCERA operations – RECEIVE AND FILE; APPROVE Attachment #1
9. Discussion and appropriate action selection of General Investment Legal Counsel Services – RECEIVE AND FILE; APPROVE
a. 9:00 AM Foster Pepper – Rafael Stone
b. 9:30 AM Kirkpatrick & Lockhart Preston Gates Ellis LLP –
Thomas Hickey
c. 10:00 AM Reed Smith LLP – Harvey Leiderman
d. 10:30 AM Seyfarth Shaw LLP – Alan Cabral
10. Discussion and appropriate action on recommended finalists for the General Investment Consulting Services Request for Proposal presented by Roberto L. Peña, Retirement Administrator – RECEIVE AND FILE; APPROVE
· Consultant Assessment
· Consultant Scores (Acrobat reader required)
· FCERA Scoring Tool (Acrobat reader required)
· Summary of Responses
11. Discussion and appropriate action on revised FCERA Retirement Handbook presented by Becky Van Wyk, Assistant Retirement Administrator – RECEIVE AND FILE; APPROVE
· Handbook Changes
· Proposed Retirement Handbook (Acrobat reader required)
12. Discussion and appropriate action on restructuring the FCERA Benefits Unit including modifications to the pay scale of unrepresented employees (Retirement Coordinators) presented by Roberto L. Peña, Retirement Administrator (Acrobat reader required) – RECEIVE AND FILE; APROVE
13. Discussion and appropriate action on potential topics for discussion at the upcoming Joint Meeting/Workshop with the Board of Supervisors – RECEIVE AND FILE; APPROVE
14. Closed Session:
A. Conference with Legal Counsel – Actual Litigation - pursuant to G.C. §54956.9(a)
1. Fresno County Employees’ Retirement Association v. Public Pension Professionals
2. North Central Fire Protection District v. Fresno County Employees’ Retirement Association
B. Conference with Real Property Negotiators – pursuant to G.C. §54956.8
Property: 1713 Tulare Street, Fresno, CA 93721
Agency Negotiators: Brian Decker of Colliers Tingey
Negotiating Party: Any potential qualified buyer
Under Negotiation: Price and terms of sale
C. Hearing on Disability application of Nelson Fowlkes Continued from July 28, 2008 Special Meeting - See Government Code sections 31532 and 54957(b), and 88 Op. Atty Gen. Cal. 16 (2005).
The Board will review evidence and hear arguments, pursuant to its Hearings Policy, relating to the application of member Nelson Fowlkes for a service-connected disability retirement. Mr. Fowlkes and his counsel have been advised of Mr. Fowlkes’ right to have the hearing conducted in open session and Mr. Fowlkes has elected to proceed in closed session.
15. Report from Closed Session
16. Report from FCERA Administration
17. Report from County Counsel
18. Board Member Announcements or Reports
NEXT MEETINGS:
September 3, 2008 - 8:30 AM (Wednesday)
Regular Meeting
FCERA Boardroom
1111 H Street, Fresno, CA 93721
September 17, 2008 - 8:30 AM (Wednesday)
Regular Meeting
FCERA Boardroom
1111 H Street, Fresno, CA 93721
08/20/08 Regular Meeting