...Title
Amendment to the City’s Pay Plan for the Director of Retirement Services and Chief Executive Officer, Assistant Director and Chief Investment Officer, Senior Investment Officer, and Investment Officer Classifications. - TO BE HEARD AFTER ITEM 10.1
...Recommendations
(a) Accept the Director of Retirement Services and Chief Executive Officer (CEO) compensation study results.
(b) Accept the Chief Investment Officer (CIO) and Retirement Investment Officers compensation study results.
(c) Adopt a resolution amending the City of San José Pay Plan effective September 26, 2023, as follows:
(1) Change the total annual salary range for the classification of Director of Retirement Services and Chief Executive Officer U (7501) from $244,134.49 - $345,857.33 to $244,134.49 - $376,488.00;
(2) Change the total annual salary range for the classification of Assistant Director and Chief Investment Officer U (7506) from $279,737.54 - $375,102.57 to $279,737.54 -$408,300.00;
(3) Change the total annual salary range for the classification of Senior Retirement Investment Officer U (7507) from $152,703.48 - $238,033.77 to $152,703.48 -$266,409.00; and
(4) Change the total annual salary range for the classification of Retirement Investment Officer U (7505) from $144,514.82 - $204,364.25 to $144,514.82 -$231,660.00.
CEQA: Not a Project, File No. PP17-010, City Organizational and Administrative Activities resulting in no changes to the physical environment. (Retirement Services)
[Deferred from 9/19/2023 Item 3.6 (23-1241)]
TO BE HEARD AFTER ITEM 10.1