July Retirement Board Meeting

Non-confidential materials distributed with the agenda packet and/or related to an item on this agenda submitted to SCERA after distribution of the agenda packet are available for public inspection at location noted above during normal business hours.

Disabled Accommodation: If you have a disability which requires an accommodation, an alternative format, or requires another person to assist you while attending this meeting, please contact the Retirement Office at (707) 565-8100, at least 72 hours in advance to ensure arrangements for accommodation.

PUBLIC COMMENT PRIOR TO THE MEETING

Email Public Comment: To submit an emailed public comment to the Board, in advance of the meeting, email retirement@sonomacounty.gov by 7:30 a.m. July 23, 2026. Please provide your name, the number of the agenda item(s) on which you wish to speak, and your comment. These comments will be provided to the Board members prior to the start of the meeting.

PUBLIC COMMENT DURING THE MEETING

The public may address the Board of Retirement regarding any agenda item during the Board's consideration of the item. The Retirement Board maintains and reserves the right to take action on any item agendized for discussion.

Public Comment Using Zoom: Members of the public who join the Zoom meeting, either online or by calling in, will be able to provide live public comment for each agenda item, after the Board and staff have provided their comments. To provide public comment during the meeting, click or tap the “Reactions” button on the zoom meeting screen and select “Raise Hand” button. A hand icon will appear next to the attendee’s name, indicating to the host that a comment is intended.

AGENDA

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 – J une 18, 2026

Recommendation: Approve the meeting minutes.

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. 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 July 23, 2026, meeting:

1.  Disability Applications:

RYAN BECK, Correctional Deputy II, filed 05/13/2024, for a service-connected disability retirement. Consideration under Government Code §31729.

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.  AB 1383 potential cost discussion

B.  SACRS 2027 Legislative Proposal Solicitation

C.  Conflict of Interest Code Amendments

Recommendation: Approve amendments to the Conflict of Interest Code.

D.  Retirement CEO Charter Amendments

Recommendation: Approve amendments to the Retirement CEO Charter.

E.  Educational Forum Proposed Agenda

F.  Communications

1.  Service Retirements – July 2026

2.  Member Interest Crediting Rate, June 30, 2026

3.  Trustee Education Report (Q2 2026)

4.  Budget to Actual Report through June 30, 2026

5.  PAFR, December 31, 2025

6. Travel Expense Report (Q2 2026)

V.  Trustee/Staff Training & Conferences

Notify Andrea Robles 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.  NCPERS Public Pension Funding Forum, August 17 to 19, 2026, The Study Hotel with events occurring at the David Rubenstein Forum, Chicago, IL.

2.  CALAPRS Principles of Pension Governance for Trustees, August 24 to 27, 2026, Santa Barbara Inn, Santa Barbara, CA.

3.  CII Fall 2026 Conference, September 30 to October 2, 2026, Westin Boston Seaport, Boston, MA. Trustee Eaton is planning to attend.

4.  Nossaman’s 2026 Pensions, Benefits & Investments Fiduciaries’ Forum, October 15 to 16, 2026, San Francisco, CA.

5.  SACRS Fall Conference, November 10 to 13, 2026, Omni Rancho Las Palmas Resort & Spa, Rancho Mirage, CA.

6. CALAPRS General Assembly, March 8 t o 10, 2027, Coronado Island Marriott, Coronado, CA.

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 comments 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.

Investment Committee Meeting, July 30, 2026, 8:30 a.m.

Disability Committee Meeting, August 20, 2026, 8:30 a.m.

Retirement Board Meeting, August 20, 2026 9:00 a.m.

IX.  ADJOURNMENT