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HomeMy WebLinkAbout05.a.1 CCCERA Asset Smoothing and Market Stabilization Account5 a. 1) Central Contra Costa Sanitary District January 26, 2012 TO: HONORABLE BOARD OF DIRECTORS VIA: JAMES M. KELLY, GENERAL MANAGER - 10-5 FROM: RANDALL M. MUSGRAVES, DIRECTOR OF ADMINISTRATION SUBJECT: CONTRA COSTA COUNTY EMPLOYEES' RETIREMENT ASSOCIATION (CCCERA) 1/25/2012 BOARD MEETING Attached is a copy of the January 25, 2012 CCCERA Board meeting agenda and the presentation material regarding Item #4, Asset Smoothing and the Market Stabilization Account. Untitled Document Employees' li— me° nt a the n 1 355 willow gray suite 221 concord ca 94521 925.521.3960 fax: 925 546,5747 RETIREMENT BOARD MEETING Retirement Board Conference Room SECOND MONTHLY MEETING The Willows Office Park 9:00 a.m. 1355 Willow Way Suite 221 January 25, 2012 Concord, California 1. Pledge of Allegiance. 2. Public comment. 3. Approve minutes from the January 11, 2012 meeting. 4. Educational presentation from The Segal Company on Asset Smoothing and the Market Stabilization Account. CLOSED SESSION ** 5. The Board will go into closed session under Gov. Code Section 54957 to consider recommendations from the Medical Advisor and/or staff regarding the following disability retirement applications: Member a. Tamara Ashton b. Judith Chase c. Steve Plunket d. Aaron Pedro Da La Sol e. Felicia Walker Type Soueht Service connected Service connected Non - service connected Service connected Non - service connected Recommendation Service connected Service connected Non - service connected Service connected Non - service connected Page 1 of 1 6. The Board will continue in closed session to consider the Hearing Officer's recommendation regarding the disability application for Tonja Dejesus - Cruze. 7. The Board will continue in closed session to consider the Hearing Officer's recommendation regarding the disability application for Verla Lofton. OPEN SESSION 8. Consider and take possible action on staff recommendation for Benefits Department staffing on an interim basis. 9. Consider and take possible action to appoint an ad hoc committee for Chief Investment Officer recruitment. 10. Consider authorizing the attendance of Board and/or staff: a. Client Conference, Angelo Gordon, April 3 —4,2012, New York, NY. b. Client Conference, Emerald Investments, February 7, 2012, Philadelphia, PA. c. LA Trustees Roundup, February 27-28,2012, Los Angeles, CA. 11. Miscellaneous a. Staff Report b. Outside Professionals' Report c. Trustees' comments http-Hcccera.org/agendas/agendas%202012/agendal.25.12.html 1/24/2012 Y 'rSEGAL MUMA All m I � "Milk 'l- SEGAL Y '7SEGAL N�