Meeting

VENTURA COUNTY EMPLOYEES’ RETIREMENT ASSOCIATION 

BOARD OF RETIREMENT 

DISABILITY & BUSINESS MEETING 

May 20, 2024

AGENDA

PLACE:   This meeting will be conducted by the Board of Retirement both in person and by teleconference under California Government Code Section 54953(b). Any person may view the meeting in person at VCERA’s office or online at, https://www.vcera.org/meeting-agendas-minutes.
Ventura County Employees’ Retirement Association
Second Floor, Boardroom
1190 S. Victoria Avenue, Suite 200
Ventura, CA 93003
 
Teleconference Location for Trustees and the Public under California
Government Code Section 54953(b):

The public may listen to the Public Session and offer comments by calling: +1 669-219-2599, using Meeting ID: 811-6306-1101. Persons may also submit written comments to [email protected] prior to and during the Board meeting. Please include your name, agenda item, the last 4 numbers of the telephone number that will be used to call in, and your comment. Public comment emails will be read into the record or summarized if lengthy.

The Board may take action on any item on the agenda, and agenda items may be taken out of order. 

TIME:  9:00 a.m. 

ITEM: 
 
I.
CALL TO ORDER
A.
Roll Call.
II.
APPROVAL OF AGENDA
III.
CONSENT AGENDA
A.
Approve Disability and Business Meeting Minutes of April 29, 2024.
B.
Approve Regular and Deferred Retirements and Survivors Continuances for the Month of April 2024.
C.
Receive and File Report of Checks Disbursed in April 2024.
D.
Receive and File Pending Disability Application Status Report.
E.
Receive and File Fiscal Year 2023-34 Quarterly Budget Summaries and Financial Statements (Unaudited).
F.
Receive and File Mid-Year Budget Update for Fiscal Year 2023-24.
G.
Application for Service-connected Disability Retirement - Zavala, Estella; Case No.22-015.
IV.
APPLICATIONS FOR DISABILITY RETIREMENT
A.
Application for Service-connected Disability Retirement – Myers, Christopher; Case No. 18-015.
B.
Application for Service-connected Disability Retirement – Sauer, Richard; Case No. 18-020.
C.
Application for Service-connected Disability Retirement – MacIntyre, Christopher; Case No. 21-032.
V.
INVESTMENT MANAGER PRESENTATIONS
A.
Receive and File Annual Investment Presentation from Bridgewater - Clark Thiemann and Alex Smith.
RECOMMENDED ACTION: Receive and File
B.
Receive and File Annual Investment Report from PIMCO as Presented by Andy Mark, Neil Reiner, Sean Hinze, Catharine Roddy, and Kevin Gray
RECOMMENDED ACTION: Receive and File
VI.
INVESTMENT INFORMATION
A.
Asset Allocation Recommendations.
RECOMMENDED ACTION: Approve
VII.
OLD BUSINESS
A.
Alameda Implementation Status Update.
RECOMMENDED ACTION: Receive and File.
VIII.
NEW BUSINESS
A.
Adopt an Interest Rate to Be Applied to Underpaid Benefits Resulting from Alameda-Related Corrections.
RECOMMENDED ACTION: Adopt.
B.
Renewal of Hearing Officer Contracts for Fiscal Year 2024-25.
RECOMMENDED ACTION: Authorize.
C.
Assign a New Hearing Officer for Disability Case #20-023; Geoff Bruton with a New 270-Day Deadline of February 14, 2025.
RECOMMENDED ACTION: Approve.
IX.
INFORMATIONAL
X.
PUBLIC COMMENT
XI.
STAFF COMMENT
XII.
BOARD MEMBER COMMENT
XIII.
ADJOURNMENT