ABOUT LACERA

INSURANCE, BENEFITS & LEGISLATIVE COMMITTEE MINUTES 5-7-09

PRESENT

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

ABSENT

• William de la Garza, Chair

MEMBERS AT LARGE

• Sadonya Antebi
• Yves Chery
• Les Robbins

STAFF, ADVISORS, PARTICIPANTS

• Lita Payne
• Cynthia Lau
• Dave Muir
• Mercer Human Resource Consulting
• Laurie Silva

The meeting was called to order by Chairman Russin at 10:15 a.m.

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

   The Chair appointed Mr. Harris a voting member of the Committee.

2. APPROVAL OF THE MINUTES OF THE REGULAR MEETING OF APRIL 9, 2009

   A motion was made by Mr. Morris, seconded by Mr. Blecksmith, to approve the minutes of the regular meeting of April 9, 2009. The motion passed unanimously.

3. ACTION ITEMS
   1. Recommend the Board of Retirement adopt a “Watch” position on AB 850 regarding prosecution for conspiracy in use of public funds. (Memorandum dated April 14, 2009, from Cynthia Lau, Legislative Affairs Officer)

      A motion was made by Mr. Morris, seconded by Mr. Harris, to watch AB 850. The motion passed unanimously.

   2. Recommend the Board of Retirement adopt a “Watch” position on AB 1355, which would cross-reference an alternative method of calculating survivor’s allowances. (Memorandum dated April 22, 2009, from Cynthia Lau, Legislative Affairs Officer)

      A motion was made by Mr. Harris, seconded by Mr. Morris, to watch AB 1355. The motion passed unanimously.

   3. Recommend the Board of Retirement adopt a “Watch” position on AB 1406 relating to additional “at will” employees of San Bernardino CERA and Orange CERA. (Memorandum dated April 16, 2009, from Cynthia Lau, Legislative Affairs Officer)

      A motion was made by Mr. Morris, seconded by Mr. Blecksmith, to watch AB 1406. The motion passed with Mr. Russin voting no.

   4. Recommend the Board of Retirement adopt a “Watch” position on SB 414 relating to the process of filling of vacancies on boards. (Memorandum dated April 22, 2009, from Cynthia Lau, Legislative Affairs Officer)

      A motion was made by Mr. Harris, seconded by Mr. Morris, to watch SB 414. The motion passed unanimously.

   5. Recommend the Board of Retirement adopt a “Watch” position on SB 711 regarding labor negotiations and the Brown Act. (Memorandum dated April 24, 2009, from Cynthia Lau, Legislative Affairs Officer)

      A motion was made by Mr. Morris, seconded by Mr. Blecksmith, to watch SB 711. The motion passed unanimously.

4. IV. FOR INFORMATION
   1. Staff Activities Report for April, 2009

      The staff activities report was discussed.

   2. Federal Legislation
      • Weekly Highlights – April 27, 2009
      • Weekly Highlights – April 20, 2009
      • Weekly Highlights – April 13, 2009
      • Weekly Highlights – April 6, 2009

      Presented for information only.

   3. California Retirement Legislation
      • Pending Legislation
        AB 446 - Legislature Requires CalPERS to Report on Use of Additional Retirement Credit

      Presented for information only.

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.

6/11/09