ABOUT LACERA

INSURANCE, BENEFITS & LEGISLATIVE COMMITTEE AGENDA 4-9-09

COMMITTEE MEMBERS

• William de la Garza, Chair
• Simon S. Russin, Vice Chair
• Edward L. Blecksmith
• Ed C. Morris
• James P. Harris, Alternate

1. APPOINTMENT OF VOTING MEMBER(S) IN THE EVENT ONE OR MORE REGULAR COMMITTEE MEMBERS ARE ABSENT
2. APPROVAL OF THE MINUTES OF THE REGULAR MEETING OF MARCH 5, 2009
3. ACTION ITEMS
   1. Recommend to the Board of Retirement the selection of Mercer to perform a pharmacy benefit manager (PBM) audit of CVS Caremark for the 2008-2009 plan year. (Memorandum dated March 25, 2009, from Lita Payne, Director, Retiree Health Care)
   2. Recommend the Board of Retirement adopt a “Support” position on AJR 10, which would request the President and Congress of the United States to enact the “Social Security Fairness Act of 2009.” (Memorandum dated March 27, 2009, from Cynthia Lau, Legislative Affairs Officer)
   3. Recommend the Board of Retirement adopt a “Support” position on U.S. Senate Bill 484, which would enact the “Social Security Fairness Act of 2009.” (Memorandum dated March 27, 2009, from Cynthia Lau, Legislative Affairs Officer)
   4. Recommend the Board of Retirement adopt a “Watch” position on AB 609 relating to disability retirements in Tulare County. (Memorandum dated March 24, 2009, from Cynthia Lau, Legislative Affairs Officer)
   5. Recommend the Board of Retirement adopt a “Watch” position on AB 664, which would create a rebuttable presumption for hospital employees in worker’s compensation cases. (Memorandum dated March 24, 2009, from Cynthia Lau, Legislative Affairs Officer)
   6. Recommend the Board of Retirement adopt a “Watch” position on AB 1034 authorizing special district status for Marin CERA. (Memorandum dated March 16, 2009, from Cynthia Lau, Legislative Affairs Officer)
   7. Recommend the Board of Retirement adopt a “Watch” position on AB 1136, which would permit specified retired members the ability to revoke certain optional settlements. (Memorandum dated March 16, 2009, from Cynthia Lau, Legislative Affairs Officer)
   8. Recommend the Board of Retirement adopt a “Watch” position on AB 1227 relating to workers’ compensation benefits payable under Labor Code Section 4850. (Memorandum dated March 25, 2009, from Cynthia Lau, Legislative Affairs Officer)
   9. Recommend the Board of Retirement adopt a “Support” position on HR 1413 (HELPS II), which would extend eligibility for tax-free distributions for health and long-term care premiums for all eligible public retirees. (Memorandum dated March 17, 2009, from Cynthia Lau, Legislative Affairs Officer)
   10. Recommend the Board of Retirement adopt a “Watch” position on SB 345 relating to increased survivor benefits for San Bernardino County’s safety members killed in the line of duty. (Memorandum dated April 1, 2009, from Cynthia Lau, Legislative Affairs Officer)
   11. Recommend the Board of Retirement adopt a “Support” position on SB 538 relating to disability leaves and mandatory retirement for Safety members. (Memorandum dated March 16, 2009, from Cynthia Lau, Legislative Affairs Officer)
4. IV. FOR INFORMATION
   1. CVS/Caremark Presentation
   2. Staff Activities Report for March, 2009
   3. CIGNA & Anthem Blue Cross Claims Experience
   4. Federal Legislation
      • Weekly Highlights – March 30, 2009
      • Weekly Highlights – March 23, 2009
      • Weekly Highlights – March 17, 2009
      • Weekly Highlights – March 9, 2009
      • Weekly Highlights – March 2, 2009
   5. California Retirement Legislation Pending Legislation
      • Assembly Constitutional Amendment 17 – University of California’s Temporary Voluntary Separation Program
      PERS/STRS Bills:
      • AB 232 -STRS: Signed Documents/Payments
      • AB 399-PERS: Accumulated contributions
      • AB 1477-PERS: Death Benefit
      • SB 278-PERS: Board of Administration
5. MISCELLANEOUS
6. PUBLIC COMMENT
7. GOOD OF THE ORDER (For discussion purposes only)
8. ADJOURNMENT

The Board of Retirement has adopted a policy permitting any member of the Board to attend a standing committee meeting open to the public. In the event five or more members of the Board of Retirement (including members appointed to the Committee) are in attendance, the meeting shall constitute a joint meeting of the Committee and the Board of Retirement. Members of the Board of Retirement who are not members of the Committee may attend and participate in a meeting of a Board Committee but may not vote on any matter discussed at the meeting. The only action the Committee may take at the meeting is approval of a recommendation to take further action at a subsequent meeting of the Board.

Documents distributed to members of the Committee less than 72 hours prior to the meeting will be available for public inspection at LACERA at the time they are distributed to a majority of the Committee, provided the documents are subject to public disclosure and relate to an open session of the Committee. Such documents may be viewed Monday through Friday during normal 9:00 a.m. to 5:00 p.m. business hours. LACERA is located at 300 N. Lake Avenue, Suite 820, Pasadena, California.

Persons requiring an alternative format of this agenda pursuant to Section 202 of the Americans with Disabilities Act of 1990 may request one by calling Cynthia Guider at (626)-564-6000, 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. Assistive Listening Devices are available upon request. American Sign Language (ASL) Interpreters are available with at least three (3) business days notice before the meeting date.

4/6/09