A meeting of the Retirement Board will be held on
February 10, 2021, convening at
9:00 a.m. or soon thereafter if
quorum is present.
As a covered entity under Title II of the Americans with Disabilities Act,
the City of Los Angeles does not discriminate on the basis of disability
and, upon request, will provide reasonable accommodation to ensure equal
access to its programs, services, and activities. To ensure availability,
such request should be made
72 hours in advance by contacting the Retirement
Office at (213) 367-1712 during business hours.
At the beginning of the meeting, the Board will provide an opportunity for
members of the public to address it on items of interest that are within the
subject matter jurisdiction of the Board. Thereafter, the Board will
consider and take action on the Regular Agenda items. Members of the public
may also request to speak on any agenda item. The meeting is recorded.
Due to the COVID-19 pandemic, there are some changes to the meeting.
Pursuant to the Mayor’s most recent Safer at Home order, dated April 10,
2020, the Retirement Board will be meeting remotely and the Boardroom will
be closed to the public.
Members of the public who wish to listen to the Retirement Board meeting
live can do so by calling the following telephone number at any time during
the meeting:
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(213) 306-3065
and entering 24589476# when prompted for a meeting ID number.
Members of the
public who wish to offer public comment may do so telephonically by calling
(213) 306-3065 and entering 1466120283# when prompted for a meeting ID
number. The public comment phone line will be accessible starting at 8:45
a.m.
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GENERAL PUBLIC COMMENTS ON MATTERS WITHIN THE BOARD’S JURISDICTION
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CONSENT ITEMS
(Approval of routine items; action taken on entire consent agenda and
treated as separate vote on each) |
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Reso |
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1. |
Approval of
the Regular Meeting Minutes of January 27, 2021
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REPORTS TO THE
BOARD
(Items of
Interest to the Board on which no action is taken)
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2. |
Investment Reports for December 2020
a)
Summary of Investment Returns as of December 31, 2020
b)
Market Value of the Retirement, Death, and Disability Funds and
Retiree
Health Benefits Fund as of December 31,
2020
c)
Market Value of Investments by Fund and Month as of December 31,
2020 |
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3. |
Articles of Interest |
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REPORTS FOR REFERENCE
(Items of
Interest previously provided to the Board on which no action is taken)
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ITEMS FOR
BOARD ACTION
(Items for
discussion and action by the Board) |
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21-39 |
4. |
Discussion of Retirement Plan Office
Budget for Program Year 2021-2022; and Possible Action |
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21-40 |
5. |
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21-41 |
6. |
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PRESENTATIONS
(Items for
discussion on which no action is required by the Board) |
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7. |
Annual Presentation by Earnest Partners
– Domestic Small-Cap Value Equity Manager |
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8. |
Annual Presentation by Emerald Advisers,
LLC – Domestic Small-Cap Growth Equity Manager |
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9. |
Presentation by StepStone Group – 2021
Private Equity Strategic Plan |
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RETIREMENT PLAN MANAGER’S COMMENTS
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CONSIDERATION OF FUTURE AGENDA ITEMS |
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In
compliance with Government Code Section 55957.5, non-exempt writings that are
distributed to a majority or all of the Board or applicable Committee of the
Board, in advance of their meetings, may be viewed at the offices of the Water
and Power Employees’ Retirement Plan (WPERP), located at 111 North Hope Street,
Room 357, Los Angeles, California 90012, or at the scheduled meeting.
Posted on February 5, 2021.