BOARD OF RETIREMENT AGENDA 9-10-09

LACERA

300 N. Lake Ave., Suite 810
Pasadena, CA 91101

9:00 A.M.

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 AUGUST 13, 2009
5. OTHER COMMUNICATIONS
   1. For Information
      1. August 2009 All Stars
      2. Chief Executive Officer’s Report (Memo dated September 3, 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 2009 Public Safety Employees Pension & Benefits Conference to be held in Palm Springs, California, from October 11-14, 2009; and approve reimbursement of all travel costs incurred in accordance with LACERA’s Education and Travel Policy. (Memo dated August 25, 2009.) (Placed on the agenda at the request of James P. Harris.)
   2. 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 5th Annual Public Sector Roundtable Healthcare Conference to be held in Alexandria, Virginia, from September 23-25, 2009; and approve reimbursement of all travel costs incurred in accordance with LACERA’s Education and Travel Policy. (Memo dated August 31, 2009.)
7. NON-CONSENT AGENDA
   1. Recommendation as submitted by Fred Whiting, Manager, Retirement Systems Division: Approve attendance of Board Members and staff, as designated by the Chief Executive Officer, at the Annual IBM Information on Demand 2009 Conference and Exposition to be held in Las Vegas, Nevada from October 25-29, 2009; and approve reimbursement of all travel costs incurred in accordance with LACERA’s Education and Travel Policy. (Memo dated September 1, 2009.)
   2. Recommendation as submitted by Yves Chery, Chair, Operations Oversight Committee: 1) Instruct the Chief Executive Officer to execute an agreement with National Business Systems, Inc. (“NBS”) for conversion of member data in microfiche format to electronic images, at a cost not to exceed $775,000 to be funded from Contingency; and 2) Recommend the Board of Investments approve funding from Contingency. (Memo dated September 2, 2009.)
   3. Recommendation as submitted by Insurance, Benefits and Legislative Committee: That the Board adopt a “watch” position on SB 54 relating to treatment of same-sex marriages outside of California. (Memo dated September 1, 2009.)
   4. Recommendation as submitted by Cynthia Lau, Legislative Affairs Officer: That the Board adopt a “watch” position on SB 752, as amended, authorizing a hybrid retirement plan for Orange County. (Memo dated September 1, 2009.)
   5. Recommendation as submitted by Fern M. Billingy, Senior Staff Counsel: Adopt the proposed Waiver of Interest Policy.
8. PUBLIC COMMENT
9. GOOD OF THE ORDER

   (For discussion purposes only.)

10. ADJOURNMENT

Documents subject to public disclosure that relate to an agenda item for an open session of the Board of Investments that are distributed to members of the Board of Investments 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 Investments 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.

9/4/09