Board of Trustees January 20, 2023 Agenda
Public Employees' Retirement Association Board Meeting
Raymond “Doc” Heath Memorial Boardroom
1301 Pennsylvania Street
Denver, CO
Friday, 1/20/2023
9:00 AM - 4:00 PM MT
- Approval of Consent Agenda (Governance Item) Action
Presented By: Marcus Pennell, Chairman, Board of Trustees - Public Comment (Governance Item) Information
Presented By: Marcus Pennell, Chairman, Board of Trustees - Committee Reports (Governance Item) Information/Action
- Executive Committee Information
Presented By: Suzanne Kubec, Vice Chair, Board of Trustees - Investment Committee Action
Presented By: Rebecca Freyre, Chair, Investment Committee - Evaluation Committee Action
Presented By: Marcus Pennell, Chairman, Evaluation Committee- In accordance with the Colorado Open Meetings Act, the Board of Trustees in Open Session is to determine whether it will hold a Closed Executive Session which is allowed when the issues to be discussed involve personnel matters pursuant to C.R.S. § 24-6-402(3)(b)(I).
- Executive Committee Information
- Legislative Update (Governance Item) (Tab E) Information/Action
Presented By: Ron Baker, PERA Executive Director, Michael Steppat, PERA Public & Government Affairs Manager - 2023 Significant Events Planning (Governance Item) (Tab F) Information/Action
Presented By: Ron Baker, PERA Executive Director, Amy C. McGarrity, PERA Chief Investment Officer/Chief Operating Officer - Demographer (Tab G) (Strategic Item) Information
Presented By: Elizabeth Garner, State Demographer, Colorado Department of Local Affairs - 2023 Strategic Planning (Strategic Planning) (Tab H) Information)
Presented By: Amy McDuffee, Founder/CEO, Mosaic Governance Advisors, LLC; Catherine Jackson, CPA, CA, Mosaic Governance Advisors, LLC - Strategic Plan–Employee Engagement (Governance Item) (Tab I) Information
Presented By: Jeremy Hill, PERA Chief Administrative Officer - Staff Reports (Governance Item)
- Executive Director Report (Tab J) Information
Presented By: Ron Baker, PERA Executive Director - Market & Portfolio Update (Tab K) Information
Presented By: Amy C. McGarrity, PERA Chief Investment Officer/Chief Operating Officer - Chief Administrative Officer Update (Tab L) Information
Presented By: Jeremy Hill, PERA Chief Administrative Officer - Legal Update Information
Presented By: Kevin Gallaway, PERA General Counsel- In accordance with the Colorado Open Meetings Act, the Board of Trustees in Open Session is to determine whether it will hold a Closed Executive Session. The issues to be discussed involve pending or imminent litigation and specific legal questions addressed to General Counsel regarding the following:
- Volkswagen Foreign Litigation
- Petrobras Arbitration
- In re Mitsubishi Motors Corporation International Securities Litigation
- Doris Behr 2012 Irrevocable Trust v. Johnson & Johnson
- Nissan Foreign Litigation
- Danske Bank Foreign Litigation
- Jerome Greene v. PERA
- PERA v. Tri-County Health Department, Douglas County, Arapahoe County and
Adams County - Braaten v. Unum and PERA
- Daimler
- Kansai Electric Power Co, Inc.
- Settlements
- C.R.S. § 24-51-205(6)(b) Staff Decisions Reversed by the Executive Director
- In accordance with the Colorado Open Meetings Act, the Board of Trustees in Open Session is to determine whether it will hold a Closed Executive Session. The issues to be discussed involve pending or imminent litigation and specific legal questions addressed to General Counsel regarding the following:
- Executive Director Report (Tab J) Information
- Other Business Information
Presented By: Marcus Pennell, Chairman, Board of Trustees - 2023 Board Meeting Dates Information
- March (23) 24, 2023
- June (15) 16, 2023
- September 20-22, 2023, Planning Session and Board Meeting
- November (16) 17, 2023”