Month: March 2017

2017 SamCERA Board of Retirement Special Election Results

Posted on by planeteria
Al David, a middle aged man with blue eyes in a suit

Congratulations to Al David, who has been elected to fill the unexpired term for the Third position on the SamCERA Board of Retirement. Mr. David received the most votes from our General membership.

Mr. David will serve the remaining term for the Third position, which expires on June 30, 2019.

New Board Member Profile

Mr. David is currently a manager with the San Mateo County Information Services Department. He has served seven years previously on the Board of Retirement, and was first elected to the Board in 2008. He is also a retired Army Reserve Lieutenant Colonel.

Additional Information

The next scheduled SamCERA Board of Retirement election will be in 2018, when the Second Member General seat, the Seventh Member Safety seat, and the Safety Alternate seat will be up for election.

Board of Retirement Investment Information

Posted on by planeteria

At its March 28, 2017 meeting, the Board of Retirement approved a $35 million capital commitment to the White Oak Yield Spectrum Fund as part of SamCERA’s Opportunistic Credit Composite within fixed income. 

No further board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting, and will be posted shortly thereafter.