ABOUT LACERA

INSURANCE, BENEFITS & LEGISLATIVE COMMITTEE MINUTES 1-15-09

PRESENT

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

MEMBERS AT LARGE

• Sadonya Antebi
• Yves Chery
• Si Frumkin
• Les Robbins

STAFF, ADVISORS, PARTICIPANTS

• Lita Payne
• Cynthia Lau
• Mercer Human Resource Consulting
• Clay Levister

The meeting was called to order by Chairman de la Garza at 9:55 a.m.

1. APPOINTMENT OF VOTING MEMBER(S) IN THE EVENT ONE OR MORE REGULAR COMMITTEE MEMBERS ARE ABSENT

   All regular members of the Committee were present.

2. APPROVAL OF THE MINUTES OF THE REGULAR MEETING OF DECEMBER 11, 2008

   A motion was made by Mr. Russin, seconded by Mr. Harris, to approve the minutes of the regular meeting of December 11, 2008. The motion passed unanimously.

3. ACTION ITEMS
   1. Recommend the Board of Retirement adopt a "Watch" position on SB 11, 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.

      This bill is identical to vetoed Senate Bill 1586 from the 2008 legislative session. A motion was made by Mr. Russin, seconded by Mr. Morris, to watch SB 11. The motion passed unanimously.

4. FOR INFORMATION
   1. Staff Activities Report for December, 2008

      The staff activities report was discussed.

   2. CIGNA & Blue Cross Claims Experience

      The CIGNA & Blue Cross Claims Experience reports through November, 2008 were discussed.

   3. Federal Legislation
   • Weekly Highlights - December 22, 2008
   • Weekly Highlights - December 15, 2008
   • Weekly Highlights - December 8, 2008
   • Weekly Highlights - December 1, 2008

     Presented for information only.

5. MISCELLANEOUS

   Clay Levister gave a brief update on the health care renewals. In aggregate, we are looking at between 7% - 8% for an overall increase. Negotiations will continue in January and February.

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.

1/15/09