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| | | | | How to observe the Meeting (no public comment): | | |
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| | | | | 1) Cable Channel 26,
2) https://www.sanjoseca.gov/your-government/appointees/city-clerk/council-agendas-minutes/
participate-watch-public-meetings, or
3) https://www.youtube.com/CityofSanJoseCalifornia
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| | | | | How to submit written Public Comment before the City Council Meeting: | | |
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| | | | | 1) Use the eComment tab located on the City Council Agenda page. eComments are also directly sent to the ilegislate application used by City Council and staff.
2) By email to city.clerk@sanjoseca.gov by 10:00 a.m. the day of the meeting. Those emails will be attached to the Council Item under “Letters from the Public.” Please identify the Agenda Item Number in the subject line of your email.
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| | | | | How to submit written Public Comment during the City Council Meeting: | | |
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| | | | | 1) Email during the meeting to councilmeeting@sanjoseca.gov, identifying the Agenda Item Number in the email subject line. Comments received will be included as a part of the meeting record but will not be read aloud during the meeting. | | |
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| | | | | How to provide spoken Public Comment during the City Council Meeting: | | |
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| | | | | 1) By Phone: (888) 475 4499. Webinar ID is 889 5708 4529. Click *9 to raise a hand to speak. Click *6 to unmute when called.
Alternative phone numbers are: US: +1 (213) 338-8477 or +1 (408) 638-0968 or (877) 853-5257 (Toll Free)
2) Online at: https://sanjoseca.zoom.us/j/88957084529
a. Use a current, up-to-date browser: Chrome 30+, Firefox 27+, Microsoft Edge 12+, Safari 7+. Certain functionality may be disabled in older browsers including Internet Explorer. Mute all other audio before speaking. Using multiple devices can cause an audio feedback.
b. Enter an email address and name. The name will be visible online and will be used to notify you that it is your turn to speak.
c. When the Mayor calls for the item on which you wish to speak, click on “raise hand.” Speakers will be notified shortly before they are called to speak.
d. When called, please limit your remarks to the time limit allotted.
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| | | | | This Study Session will allow the City Council, the Federated City Employees’ Retirement System Board, and the Police and Fire Department Retirement Plan to hold a discussion about plan demographics and maturity level, strategic asset allocation and risk tolerance, and funding to include current contributions and expectations for the future. | | |
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| | | | | The joint meeting will provide an opportunity for the City Council and the Retirement Boards to discuss the above issues and understand the current challenges facing each entity.
By the end of the Study Session, the Mayor and Councilmembers will:
• Understand the City’s strategic asset allocation,
• Understand San Jose Pension and OPEB funding, including current contributions and
expectations for the future. | | |
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| | | | | CITY COUNCIL STUDY SESSION | | |
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| | 1:30 p.m. - | | | Study Session: Joint Meeting between the City Council and Retirement Boards, City Hall Wing Rooms 118-120 | | |
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| | | | | Mark Keleher (Federated Board) will be participating in the meeting from an off-site location: 1731 Vallejo, San Francisco, CA 94123.
Mark Linder (Federated Board) will be participating in the meeting from an off-site location: No.1 The Plaza, Sonoma, CA 95476. | | |
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23-485
| 1 | 1. | | Study Session | Introduction to San José Pension and OPEB Funding: Understanding Current Contributions and Expectations for the Future.
Actuarial consultant will present information on the San José Pension and OPEB funding, including an explanation of actuarial valuation and how that impacts current contributions and expectations for the future. | | |
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23-486
| 1 | 2. | | Study Session | Overview of Strategic Asset Allocation.
Staff and investment consultants will discuss strategic asset allocation and investments for the trust funds. | | |
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