Notice of Special Election

SAN MATEO COUNTY EMPLOYEES’ RETIREMENT ASSOCIATION (SamCERA)

NOTICE OF SPECIAL ELECTION TO ELECT A SAFETY ALTERNATE TO THE BOARD OF RETIREMENT

Notice is hereby given that one PROBATION MEMBER is to be elected to fill the unexpired term for the Alternate Safety Member seat on SamCERA’s Board of Retirement at a special election to be held on March 6, 2023. 

Alternate Safety Member Eligibility: Candidates must be active SamCERA Probation members. Each candidate for the Alternate Safety Member position shall be nominated by a petition signed by not less than ten (10) active SamCERA Probation members.

Member Term: The Probation Member elected to fill the Alternate Safety member seat shall serve the remaining term, expiring June 30, 2024.

Required Nomination Petitions & Declarations of Candidacy: These forms will be available and can be circulated beginning January 9 through January 23. Qualified Candidates may obtain petitions in person at: 

Registration & Elections Division Office of the Chief Elections Officer & Assessor-County Clerk-Recorder County of San Mateo 40 TOWER ROAD, SAN MATEO, CA 94402

Completed Nomination Petition & Declaration of Candidacy: These completed forms must be filed in person with the Registration & Elections Division no later than 5:00 p.m. on January 23.

Please contact the Elections Office at (650) 655-6245, if you have any questions or wish to make an appointment to take out Candidacy Papers.

The election will be held on MONDAY, March 6, 2023 and in all other respects will be conducted in accordance with Article 4 of the Regulations of the Board of Retirement. These regulations are available at the Elections Office or SamCERA’s website at: www.samcera.org.

 

____________________________________________ MARK CHURCH  Chief Elections Officer & Assessor-County Clerk-Recorder 

Board of Retirement Re-appointment & Vacancy

Vacancy

The Board of Supervisors is currently accepting applications for appointment to one position, Sixth Member, on the Board of Retirement at SamCERA. Deadline for applications is Friday, June 28, 2024 at 5 p.m. More information can be found on the Board and Commissions website here – https://www.smcgov.org/bnc/vacancies.

A total of four members of the Board of Retirement are appointed by the Board of Supervisors. These members must be qualified electors of the County and cannot be connected with County government in any capacity.

Appointed Board members serve for a fixed term of three years. In general, the Board of Supervisors limits their appointees to twelve years of service.

Re-appointment

At its June 11, 2024 meeting, the Board of Supervisors reappointed Elaine Orr as Fourth Member of SamCERA’s Board of Retirement for her second term. Elaine was initially appointed to the Board in 2021, and her new term will expire on June 30, 2027.

Elaine Orr is a CFA with experience as a retirement system trustee and board member. She was previously Director, Investments with Silicon Valley Community Foundation and has held various roles at BlackRock advising and building investment solutions for pensions, foundations and endowments. Elaine is currently serving as Board Secretary.

Notice of Special Election

SAN MATEO COUNTY EMPLOYEES’ RETIREMENT ASSOCIATION (SamCERA)

NOTICE OF SPECIAL ELECTION TO ELECT A SAFETY ALTERNATE TO THE BOARD OF RETIREMENT

Notice is hereby given that one PROBATION MEMBER is to be elected to fill the unexpired term for the Alternate Safety Member seat on SamCERA’s Board of Retirement at a special election to be held on September 6, 2022. 

Alternate Safety Member Eligibility: Candidates must be active SamCERA Probation members. Each candidate for the Alternate Safety Member position shall be nominated by a petition signed by not less than ten (10) active SamCERA Probation members.

Member Term: The Probation Member elected to fill the Alternate Safety member seat shall serve the remaining term, expiring June 30, 2024.

Required Nomination Petitions & Declarations of Candidacy: These forms will be available and can be circulated beginning August 4 through August 15. Qualified Candidates may obtain petitions in person at: 

Registration & Elections Division Office of the Chief Elections Officer & Assessor-County Clerk-Recorder County of San Mateo 40 TOWER ROAD, SAN MATEO, CA 94402

Completed Nomination Petition & Declaration of Candidacy: These completed forms must be filed in person with the Registration & Elections Division no later than 5:00 p.m. on August 15.

Please contact Candidate Filing Officer – Chephren Goree at (650) 312-5222, if you have any questions or wish to make an appointment to take out Candidacy Papers.

The election will be held on TUESDAY, SEPTEMBER 6, 2022 and in all other respects will be conducted in accordance with Article 4 of the Regulations of the Board of Retirement. These regulations are available at the Elections Office or SamCERA’s website at: www.samcera.org.

 

____________________________________________ MARK CHURCH  Chief Elections Officer & Assessor-County Clerk-Recorder 

Notice of Election

SAN MATEO COUNTY EMPLOYEES’ RETIREMENT ASSOCIATION (SamCERA)

NOTICE OF ELECTION TO ELECT THREE MEMBERS TO THE BOARD OF RETIREMENT

Notice is hereby given that one GENERAL MEMBER is to be elected to fill the third position, and one RETIRED MEMBER is to be elected to fill the eighth position on SamCERA’s Board of Retirement. An ALTERNATE RETIRED MEMBER will also be elected.

General Member Eligibility: Candidates must be active SamCERA General members. 

Retired Member and Alternate Retired Member Eligibility: Candidates must be retired SamCERA members and may only nominate themselves to one position, either the Retired Member seat or the Alternate Retired Member seat by filing a Declaration of Candidacy with the Elections Officer.

Declaration of Candidacy: This form will be available and can be circulated beginning Monday, April 18, 2022 through Monday, May 2, 2022. Qualified Candidates may obtain petitions in person at: 

Registration & Elections Division Office of the Chief Elections Officer & Assessor-County Clerk-Recorder County of San Mateo 40 TOWER ROAD, SAN MATEO, CA 94402

Completed Declaration of Candidacy: This completed form must be filed in person with the Registration & Elections Division no later than 5:00 p.m. on May 2, 2022.

Please contact the Candidate Filing Officer – Chantal Gonzalez at (650) 312-5264, if you have any questions or wish to make an appointment to take out Candidacy Papers.

The election will be held on MONDAY, JUNE 13, 2022, and will be conducted in accordance with Article 4 of the Regulations of the Board of Retirement. These regulations are available at the Elections Office or SamCERA’s website at: www.samcera.org.

 

____________________________________________ MARK CHURCH  Chief Elections Officer & Assessor-County Clerk-Recorder 

Board of Retirement Investment Information

At its meeting on April 26, 2022, the Board of Retirement approved an initial investment of 1.5% of plan assets (or approximately $90 million) to a cashflow matching investment mandate with Insight Investment, to be placed in SamCERA’s Fixed Income/Liquidity asset class.

The Board also approved a $60 million commitment to KKR Diversified Core Infrastructure Fund, LP, as part of SamCERA’s Infrastructure portfolio within Private Real Assets.

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. 

Board of Retirement Investment Information

At its meeting on May 24, 2022, the Board of Retirement approved a $25 million commitment to Sixth Street TAO Global, as part of SamCERA’s Debt-Related/Special Situations portfolio within Private Equity.

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.