Retirement Board Meeting

I.  CONSENT CALENDAR

All agenda items on the Consent calendar will be approved in a single motion unless a Trustee, staff member or member of the public requests separate action on a specific item.

A.  Retirement Board Meeting Minutes of October 23, 2025

B.  Educational Forum Meeting Minutes of October 8 and 9, 2025

C.  Annual Error Correction Report

D.  Active Member Death Benefits

Recommendation: Approve Consent Items A through D.

The Board of Retirement will move into Executive Session and close the meeting to all attendees who are not necessary for the determination of a disability retirement or consideration of a public
employee performance evaluation or discussion of anticipated litigation.  Those attendees will physically exit the Board room and/or will be placed in the virtual Zoom lobby by the host and will neither hear nor see the meeting. All meeting attendees will be re-admitted to the meeting when the Board returns to open session.

II.  EXECUTIVE SESSION

A.  Executive Session. Meeting closed pursuant to Government Code section 54957(b) to consider the employment status and evaluation of performance of a SCERA member or members as concerns eligibility for a disability retirement. 

Disability Committee Chair will report on recommendations made by the Committee at the December 18, 2025, meeting:

Reinstatement Applications:

1.  FREDERICH C LAMBERT, general member who retired effective 03/21/2023 with a service retirement. On 09/02/25, Mr. Lambert submitted a request that his retirement be suspended and that he be reinstated per Government Code section 31680.4. He has been offered the position of Psychiatric Nurse with the County of Sonoma.

B.  Executive Session. Meeting closed pursuant to Government Code section 54956.9(d)(2) to confer with legal counsel – anticipated litigation – number of cases – one.

The Board of Retirement will move out of Executive Session and reopen the meeting to all attendees that were placed in the lobby during the closed session period.

III.  EXECUTIVE SESSION REPORT OUT

IV.  REGULAR CALENDAR

A.  Exclusive Benefit Rule Educational Presentation

B.  2026 SCERA Budget

Recommendation: Adopt the 2026 SCERA Budget.

C.  Compliance Officer and Staff Attorney Positions Status

D.  2026 Audit Scope of Work

Recommendation: Adopt the 2026 Audit Scope of Work.

E.  2026 Committee assignments

F.  Legislative Update

1.  Conflict of Interest changes

2.  Brown Act changes

V.  TRUSTEE/STAFF TRAINING & CONFERENCES

Notify Julia Smith if you plan to attend any future event. Please note, if out of state travel to attend a conference is not approved in the Budget separate approval from the Board must be obtained prior to attending the conference.

1.  SACRS Fall Conference, November 11 to 14, 2025, Hyatt Regency Huntington Beach Resort and Spa, Huntington Beach, CA. Trustees Eaton and Williamson attended and will report out.

2.  CALAPRS General Assembly, March 9 to 11, 2026, The Westin Carlsbad Resort & Spa, Carlsbad, CA.

3.  Council of Institutional Investors, March 9 to 11, 2026, Salamander DC Hotel, Washington, DC.

VI.  GENERAL DISCUSSION ITEMS

Opportunity to advise the Board of new matters and for Trustees to ask questions for clarification, provide information to staff, request staff to report back on a matter or direct staff to place a matter on a subsequent agenda.

VII.  PUBLIC COMMENT

Opportunity for public comment on non-agenda items within the jurisdiction of the Retirement Board.

VIII.  NOTICE OF NEXT MEETINGS 

All meetings are held at SCERA in the Board Room at 433 Aviation Boulevard, Suite 100, Santa Rosa, CA, and broadcast via Zoom unless otherwise noted.

Disability Committee Meeting
January 22, 2026
8:30 a.m.

Retirement Board Meeting
January 22, 2026
9:00 a.m.

Investment Committee Meeting
January 29, 2026
9:00 a.m.

Disability Committee Meeting
February 19, 2026
8:30 a.m.

Retirement Board Meeting
February 19, 2026
9:00 a.m.

Investment Committee Meeting
February 26, 2026
9:00 a.m.

IX.  ADJOURNMENT