To: BOARD OF SUPERVISORS
From: Mendocino County Employees Retirement Association
Meeting Date: April 8, 2025
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Department Contact: |
Doris Rentschler |
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707-463-4329 |
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Department Contact: |
Judy Zeller |
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707-463-4328 |
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Item Type: Consent Agenda |
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Time Allocated for Item: N/A |
Agenda Title:
title
Adoption of Resolution Making Government Code Section 31522.3 Applicable in Mendocino County, Exempting Assistant Administrators and Chief Investment Officers Appointed by the Mendocino County Employees Retirement Association (MCERA) Board of Retirement from County of Mendocino County Civil Service and Merit System Rules, and Permitting the MCERA Board of Retirement to Appoint Assistant Administrators and Chief Investment Officers
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Recommended Action/Motion:
recommendation
Adopt Resolution making Government Code section 31522.3 applicable in Mendocino County, exempting assistant administrators and chief investment officers appointed by the Mendocino County Employees Retirement Association (MCERA) Board of Retirement from Mendocino County Civil Service and Merit System rules, and permitting the MCERA Board of Retirement to appoint Assistant Administrators and Chief Investment Officers; and authorize Chair to sign same.
End
Previous Board/Board Committee Actions:
None.
Summary of Request:
Adoption of Section 31522.3 allows the MCERA Board of Retirement to appoint assistant administrators and chief investment officers that are not subject to civil service rules and serve at the pleasure of, and may be dismissed at the will of, the retirement board. MCERA does not intend to add an assistant retirement administrator position but solely wishes to change its existing investment officer position to serve at the will of the Board of Retirement.
Alternative Action/Motion:
None.
Strategic Plan Priority Designation: An Effective County Government
Supervisorial District: All
Vote Requirement: Majority
Supplemental Information Available Online At: N/A
Fiscal Details:
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source of funding: N/A |
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current f/y cost: N/A |
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budget clarification: N/A |
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annual recurring cost: N/A |
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budgeted in current f/y (if no, please describe): N/A |
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revenue agreement: N/A |
AGREEMENT/RESOLUTION/ORDINANCE APPROVED BY COUNTY COUNSEL: Yes
CEO Liaison: Darcie Antle, CEO
CEO Review: Yes
CEO Comments:
FOR COB USE ONLY
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Executed By: Atlas Pearson, Senior Deputy Clerk |
Final Status: Adopted |
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Date: April 9, 2025 |
Executed Item Type: Resolution |
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Number: 25-060 |
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