OPERATIONS & OVERSIGHT COMMITTEE AGENDA 8-13-09

LACERA

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

9:00 A.M.
Although the meeting is scheduled for 9:00 AM, it can start anytime thereafter, depending on the length of the Board of Retirement and IBL meetings.

• COMMITTEE MEMBERS

• Yves Chery, Chair
• Ed C. Morris, Vice Chair
• Edward L. Blecksmith
• James P. Harris
• Sadonya Antebi, 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 JULY 9, 2009
3. ACTION ITEMS
   1. (1) Recommend the Board of Retirement 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, subject to approval by LACERA Counsel; and (2) Recommend the Board of Retirement approve funding from Contingency. (Memo dated August 4, 2009, from Robert Whitten, Manager, Administrative Services Division)
4. FOR INFORMATION
   1. Interest Crediting and the Impact on Member Accounts (oral presentation)

      Robert Hill

   2. Disaster Recovery Exercise Report and Flooding on the 7th Floor in May, 2009

      James Pu

5. MISCELLANEOUS
6. PUBLIC COMMENT
7. GOOD OF THE ORDER (For discussion purposes only)
8. 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.

8/7/09