Calendar Year:
Meeting Agenda:   
Unless otherwise specified, meetings will be held at the following location:
Web Conference
Public Comment Line: (833) 986-0555
    *** Public Meeting Notice ***
All meeting times are approximate depending upon the end of the previous meeting.
Board Meeting Video Archive
Beginning December 2010, video of past board meetings are available in the Teachers’ Retirement Board Video Archive.
August 31, 2021
Appeals Committee   -  3:00 pm
Meeting location:
Web Conference
ItemTitleSessionTypePresenter
1Approval of Committee AgendaOpenActionChairperson
2Approval of Minutes for the June 14, 2021, Appeals Committee Meeting – Open SessionOpenConsent/ActionChairperson
3aConsideration of Proposed Administrative Decision: In the Matter of the Retirement Benefits of: Teresa Sordello
OpenActionJames Lindsay / Ashley Lopez-Trotter
4Education: Appeal Issue Series – AccountingOpenInformationalLucy Arbuckle
5Staff ReportOpenInformationalReina G. Minoya
6Review of Information RequestsOpenInformationalChairperson
7Opportunity for Statements from the PublicOpenInformationalChairperson
8Approval of Minutes for the June 14, 2021, Appeals Committee Meeting – Closed Session (Gov. Code, sec. 11126)ClosedConsent/ActionChairperson
9Confer with Legal Counsel Regarding Pending Litigation (Gov. Code, Sec. 11126(e))ClosedInformationalReina G. Minoya
10aConsideration of Proposed Administrative Decision: In the Matter of the Retirement Benefits of: Teresa Sordello (Gov. Code, sec. 11126(c)(3))ClosedActionChairperson
11aAnnouncement of Action Taken on Proposed Administrative Decision: In the Matter of the Retirement Benefits of: Teresa SordelloOpenActionChairperson

NOTE:  
Items designated for information are appropriate for committee action if the committee wishes to take action. Items on the agenda of board committees may be referred to the board for discussion and possible action. Agenda items may be taken out of order with the approval of the Chairperson. Board members who are not members of the committee may attend and observe, but may not participate in the discussion of agenda items.
 
September 01, 2021
Investment Committee  -  9:00 am
Meeting location:
Web Conference
ItemTitleSessionTypePresenter
1Approval of Committee AgendaOpenActionChairperson
2Opportunities for Statements from the PublicOpenInformationalChairperson
3Approval of Minutes of the July 8, 2021, Investment Committee Meeting – Open Session - RevisedOpenConsent/ActionChairperson
4aInvestment Policy Revisions -- Fixed Income Policy Revision – Risk Budget – Second ReadingOpenConsent/ActionChairperson
4bInvestment Policy Revisions -- Sustainable Investment & Stewardship Strategies – Risk Budget – Second ReadingOpenConsent/ActionChairperson
5Pledge to a Net Zero GHG Portfolio by 2050OpenActionKirsty Jenkinson and Christopher Ailman
6aOpen Session Semi Annual Performance Reports -- Receive General Consultant – Semi-Annual Performance Report, Period Ending June 30, 2021OpenInformationalAllan Emkin and Stephanie Sorg, Meketa Investment Group
6bOpen Session Semi Annual Performance Reports -- Receive Real Estate – Semi-Annual Performance Report, Period Ending March 31, 2021 OpenInformationalBen Maslan and Taylor Mammen, Robert Charles Lesser & Co. Fund Advisors (RFA)
6cOpen Session Semi Annual Performance Reports -- Receive Private Equity – Semi-Annual Performance Report, Period Ending March 31, 2021 OpenInformationalSteve Hartt and Stephanie Sorg, Meketa Investment Group
7Chief Investment Officer’s ReportOpenInformationalChristopher Ailman
8Review of Information RequestsOpenInformationalChairperson
9Draft Agenda for the Next Committee Meeting

OpenInformationalChairperson
10Approval of Minutes of the June 10, 2021 and July 8, 2021, Investment Committee Meeting – Closed Session (Gov. Code, sec. 11126)ClosedConsent/ActionChairperson
11Tactical Investment Strategy Discussion (Gov. Code, sec. 11126(c)(16)) ClosedInformationalInvestment Staff and Consultants
12aClosed Session Semi-Annual Performance Reports -- Receive General Consultant – Semi-Annual Performance Report, Period Ending June 30, 2021 (Gov. Code, sec. 11126(c)(16))ClosedInformationalStephen McCourt and Allan Emkin, Meketa Investment Group
12bClosed Session Semi-Annual Performance Reports -- Receive Real Estate – Semi-Annual Performance Report, Period Ending March 31, 2021 (Gov. Code, sec. 11126(c)(16))ClosedInformationalBen Maslan and Taylor Mammen, Robert Charles Lesser & Co. Fund Advisors (RFA)
12cClosed Session Semi-Annual Performance Reports -- Receive Private Equity – Semi-Annual Performance Report, Period Ending March 31, 2021 (Gov. Code, sec. 11126(c)(16))ClosedInformationalMeketa Investment Group
12dClosed Session Semi-Annual Performance Reports -- Semi-Annual Report on Investment Manager Ratings (Gov. Code, sec. 11126(e))ClosedInformationalInvestment Staff
13Counsel Regarding Pending Litigation (Gov. Code, sec. 11126(e)) ClosedInformationalBrian J. Bartow

NOTE:  
Items designated for information are appropriate for committee action if the committee wishes to take action. Items on the agenda of board committees may be referred to the board for discussion and possible action. Agenda items may be taken out of order with the approval of the Chairperson. Board members who are not members of the committee may attend and observe, but may not participate in the discussion of agenda items.
 
September 02, 2021
Benefits & Services Committee  -  8:30 am
Meeting location:
Web Conference
ItemTitleSessionTypePresenter
1Approval of Committee AgendaOpenActionChairperson
2Approval of Minutes of the June 11, 2021, Benefits and Services Committee Meeting – Open SessionOpenConsent/ActionChairperson
3Service Performance ObjectivesOpenConsent/InformationChairperson
4Annual Member Satisfaction SurveyOpenInformationalTom Buffalo
5Outstanding Death Benefit UpdateOpenInformationalMelyssa Adams
6Review of Information RequestsOpenInformationalChairperson
7Draft Agendas for the Next Committee MeetingOpenInformationalChairperson
8Opportunity for Statements from the PublicOpenInformationalChairperson

NOTE:  
Items designated for information are appropriate for committee action if the committee wishes to take action. Items on the agenda of board committees may be referred to the board for discussion and possible action. Agenda items may be taken out of order with the approval of the Chairperson. Board members who are not members of the committee may attend and observe, but may not participate in the discussion of agenda items.
 
Regular Meeting  -  9:45 am
Meeting location:
Web Conference
ItemTitleSessionTypePresenter
1Approval of AgendaOpenActionChairperson
2Approval of Minutes of the July 9, 2021, Regular Meeting – Closed Session (Gov. Code, sec. 11126)ClosedConsent/ActionChairperson
3aCommittee Reports (Gov. Code, sec. 11126) -- Investment CommitteeClosedConsent/InformationChairperson
3bCommittee Reports (Gov. Code, sec. 11126) -- Appeals CommitteeClosedConsent/InformationChairperson
4Report on Cybersecurity (Gov. Code, sec. 11126 (c)(18)(A)) ClosedInformationalScott Tirapelle
5Confer with and Receive Advice from Legal Counsel Regarding Pending Litigation (Gov. Code, sec. 11126(e))ClosedInformationalBrian J. Bartow
6Chief Executive Officer Briefing on Performance and Personnel Issues (Gov. Code, sec. 11126(a), (b), (g))ClosedInformationalCassandra Lichnock
7Pension Solution Project UpdateOpenInformationalPrashant Mittal
8Report and Recommendations for Long-Term Incentive PlanOpenInformationalMelissa Norcia / Luis Navas and Peter Landers, GGA / Stephen McCourt and Allan Emkin, Meketa
9Proposed 2022-23 Operating Budget ConceptsOpenInformationalJulie Underwood
10Enterprise Risk Management ReportOpenInformationalJulie Underwood / Phillip Burkholder
11State and Federal LegislationOpenInformationalJoycelyn Martinez-Wade
12Fiduciary TrainingOpenInformationalLuke Bierman and Jay Chaudhuri, Cohen Milstein Sellers & Toll
13Chief Executive Officer ReportOpenInformationalCassandra Lichnock
14Administrative Procedure Changes for the Compensation Policy Pursuant to CEO Delegation UpdateOpenConsent/InformationChairperson
15a * Committee Reports 1) Investment Committee 2) Appeals Committee 3) Audits and Risk Management Committee 4) Benefits and Services Committee 5) Board Governance Committee 6) Compensation Committee OpenConsent/ActionChairperson
15bApproval of Minutes of the July 9, 2021, Regular Meeting – Open Session - RevisedOpenConsent/ActionChairperson
15cBoard Member Education - RevisedOpenConsent/ActionChairperson
15dContracts Requiring Board ApprovalOpenConsent/ActionChairperson
16Items Referred by Committee for Board DecisionOpenInformationalChairperson
17New Business / Review of Information RequestsOpenInformationalChairperson
18Draft Agenda for Next MeetingOpenInformationalChairperson
19Opportunity for Statements from the PublicOpenInformationalChairperson

NOTE:  
Items designated for information are appropriate for board action if the board wishes to take action. Agenda items may be taken out of order with the approval of the Chairperson.
 
PowerPoint Presentations  
ItemTitleSessionTypePresenter
1Appeals Committee Item 04 - Education: Appeal Issue Series – AccountingOpenInformationalLucy Arbuckle
2Investment Committee Item 05 - Pledge to a Net Zero GHG Portfolio by 2050OpenInformationalKirsty Jenkinson and Christopher Ailman
3Investment Committee Item 6b - Open Session Semi Annual Performance Reports - Receive Real Estate – Semi-Annual Performance Report, Period Ending March 31, 2021OpenInformationalRobert Charles Lesser & Co. Fund Advisors (RFA) – Ben Maslan and Taylor Mammen
4Investment Committee Item 07 - Chief Investment Officer’s ReportOpenInformationalChristopher Ailman
5Benefits & Services Committee Item 04 - Annual Member SurveyOpenInformationalTom Buffalo
6Benefits & Services Committee Item 05 - Outstanding Death Benefit UpdateOpenInformationalMelyssa Adams
7Regular Meeting Item 08 - Report and Recommendations for Long-Term Incentive PlanOpenInformationalMelissa Norcia / Luis Navas and Peter Landers, Global Governance Advisors / Stephen McCourt and Alla
8Regular Meeting Item 12 - Fiduciary TrainingOpenInformationalLuke Bierman and Jay Chaudhuri, Cohen Milstein Sellers & Toll

NOTE: