ABOUT LACERA

BOARD OF RETIREMENT AGENDA 2-12-09

1. CALL TO ORDER
2. PLEDGE OF ALLEGIANCE
3. BOARD MEMBER ANNOUNCEMENTS (For Information Only)
4. APPROVAL OF THE MINUTES OF THE REGULAR MEETING OF JANUARY 15, 2009
5. OTHER COMMUNICATIONS
   1. For Information
      1. January 2009 All Stars
      2. Chief Executive Officer's Report (Memo dated February 5, 2009)
6. CONSENT AGENDA
   1. Recommendation as submitted by Gregg Rademacher, Chief Executive Officer: Approve attendance of Board Members and staff, as designated by the Chief Executive Officer, at the Manatt Focus Forum Public Pension Funds "Navigating Through The Storm" held February 26-27, 2009, at the Le Meridien Hotel in San Francisco, California; and approve reimbursement of all travel costs incurred in accordance with LACERA's Education and Travel Policy. (Memo dated February 5, 2009.)
   2. Recommendation as submitted by Earl W. Buehner, Senior Staff Counsel: Approve attendance of Board Members and staff, as designated by the Chief Executive Officer, at the Klausner & Kaufman, P.A. 11th Annual Client Conference on March 15-18, 2009 to be held in Fort Lauderdale, Florida; and approve reimbursement of all travel costs incurred in accordance with LACERA's Education and Travel Policy. (Memo dated February 3, 2009.)
   3. Recommendation as submitted by Gregg Rademacher, Chief Executive Officer: Approve attendance of staff, as designated by the Chief Executive Officer, at the CVS Caremark Client Forum to be held in Henderson, Nevada, from March 11-13, 2009; and approve reimbursement of all travel costs incurred in accordance with LACERA's Education and Travel Policy. (Memo dated January 16, 2009.)
7. NON-CONSENT AGENDA
   1. Recommendation as submitted by William de la Garza, Chair, Insurance, Benefits and Legislative Committee: That the Board adopt a "watch" position on SB11 which would authorize San Bernardino County's Board of Retirement to set up a postemployment health benefits fund for collective investment of assets by participating agencies. (Memo dated January 22, 2009.)
   2. Recommendation as submitted by Gregg Rademacher, Chief Executive Officer: Approve attendance of Board Members and staff, as designated by the Chief Executive Officer, to attend the Society for Human Resource Management (SHRM) Staffing Management Conference and Exposition on April 28-30, 2009, in Las Vegas, Nevada; and approve reimbursement of all travel costs incurred in accordance with LACERA's Education and Travel Policy. (Memo dated February 5, 2009.)
   3. Recommendation as submitted by Beulah S. Canevari, Manager, Financial & Accounting Services: That the Board determine the Consumer Price Index changed by 0.0% for the year ending December, 2008, and approve cost-of-living increases and respective COLA Accumulation adjustments for retired LACERA members and beneficiaries, based on retirement plan and date of retirement or death, to become effective April 1, 2009 in accordance with applicable California Government Code Sections. (Memo dated January 16, 2009.)
   4. Information only as submitted by Gregg Rademacher, Chief Executive Officer: Rescheduled Board of Retirement Meetings for 2009. (Memo dated February 4, 2009.)
8. PUBLIC COMMENT
9. GOOD OF THE ORDER (For discussion purposes only.)
10. EXECUTIVE SESSION
    1. CONFERENCE WITH LEGAL COUNSEL-ANTICIPATED LITIGATION (Subdivision (b) of California Government Code Section 54956.9)
       1. Case of Donald Lassig.
       2. Case of Joyce J. Green
       3. 3. One case
11. ADJOURNMENT

Documents subject to public disclosure that relate to an agenda item for an open session of the Board of Retirement that are distributed to members of the Board of Retirement less than 72 hours prior to the meeting will be available for public inspection at the time they are distributed to a majority of the Board of Retirement Members at LACERA’s offices at 300 N. Lake Avenue, Suite 820, Pasadena, CA 91101, during normal business hours of 9:00 a.m. to 5:00 p.m. Monday through Friday.

Listening Devices are available at days notice before the meeting date. Persons requiring an alternative format of this public notice pursuant to Section 202 of the Americans with Disabilities Act of 1990 may request one by contacting Cynthia Guider at (626) 564-6000, x3327 from 8:30 a.m. to 5:00 p.m. Monday through Friday, but no later than 48 hours prior to the time the meeting is to commence.

1/12/09