TO: BOARD OF SUPERVISORS
FROM: Mendocino County Employees Retirement Association
MEETING DATE: April 8, 2025
DEPARTMENT CONTACT:
Doris Rentschler
PHONE:
707-463-4329
DEPARTMENT CONTACT:
Judy Zeller
PHONE:
707-463-4328
ITEM TYPE: Consent Agenda
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.
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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 AV...
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