HomeMy WebLinkAbout13 - NB-3 - Costa Mesa Committees and Board - 2/7/2017CITY COUNCIL AGENDA REPORT
MEETING DATE: February 7, 2017 ITEM NUMBER: NB -3
SUBJECT: COSTA MESA COMMITTEES AND BOARD
DATE: January 27, 2017
FROM: CITY MANAGER'S OFFICE/CITY CLERK DIVISION
PRESENTATION BY: BRENDA GREEN, CITY CLERK
FOR FURTHER INFORMATION CONTACT: Brenda Green, City Clerk, (714) 754-5225
RECOMMENDATION:
After various requests from individual City Council Members, staff is requesting that City
Council provide direction on the following recommendations:
1. Change the regular scheduled term expirations for all appointed Committee and
Board Members to March 31, 2017 for every Committee and Board including those
set to expire in 2018 and 2019, and those with no term expirations, and thereafter
the terms will continue according to Council Policy 000-2; and
2. Direct the City Clerk to post the vacancy notices pursuant to GC §54973 and GC
§54974, and to proceed with the recruitments for new Committee Members; and
3. Consider merging the Pension Oversight Committee into the Finance Advisory
Committee; and
3.1. Should the Council desire to continue the Pension Oversight Committee as a
separate Committee:
a. Review and consider revising the scope and responsibilities of the Pension
Oversight Committee (POC) based on one of three options:
i. List A: Current POC scope and responsibilities
ii. List B: POC recommended revised POC scope and responsibilities
iii. List C: Staff recommended revised POC scope and responsibilities
b. Consider changing the name of the Pension Oversight Committee to the
Pension Advisory Committee.
4. Consider formalization of the Military Affairs Committee; and
5. Consider dissolution of the Fairview Park Citizen's Advisory Committee; and
6. Consider creation of the Fairview Park Steering Committee; and
7. Consider creation of the Youth Sports Committee; and
8. Consider dissolving both the Charter Committee and the 60t" Anniversary
Committee.
BACKGROUND:
Attached is a list of the following Committees, the members and term expirations:
• Access Building
• Fire and Housing Board of Appeal
• Cultural Art Committee
• Finance Advisory Committee
• Historical Preservation Committee
• Housing & Public Service Grants Committee
• Pension Oversight Committee
• Bikeway and Walkability Committee
• Traffic Impact Fee Ad Hoc Committee
• Fairview Park Citizens Advisory Committee
• Charter Committee.
According to Council Policy 000-2 the City Council, at any time, may request the
resignation of or terminate membership of any committee member. Additionally, the
policy states that the City Council shall conduct a Committee Review Process once a year
in February to review the role and progress of committees to determine their
effectiveness.
Should the City Council proceed with the changing the term expiration of existing
committee members to March 31, 2017, the regularly scheduled position vacancies shall
be posted on February 8, 2017. The City Clerk shall proceed with recruitments for the
new Committee Members February 9, 2017 to March 3, 2017.
City Council may consider scheduling a Special Meeting(s) to interview the applicants
(similar to the Commission interviews).
If the City Council proceeds with changing the regular terms to March 31, 2017,
Committees may still meet as scheduled until that date. Staff will schedule the
appointments to the committees for the regular City Council meeting of April 4, 2017.
ANAI YSIR-
The Pension Oversight Committee (POC) was established on February 19, 2013 by the
Costa Mesa City Council to focus on public employee pension -related matters. Attached
is a detailed memorandum (Attachment 3) regarding the POC and the potential merger
with the Finance Advisory Committee.
ALTERNATIVES CONSIDERED:
1. The City Council may consider an interview process for Council Members to
interview applicants.
2. The City Council may consider appointing an ad hoc committee of two council
members to interview applicants and make recommendations to council.
3. The City Council members may schedule individual meetings with applicants.
4. The City Council may request that Committee applicants provide more details on
their application to eliminate the need for interviews.
FISCAL REVIEW:
There is potential additional staffing costs if
reduction in staffing costs if the POC and Fi
Additionally, exploring the demands of the
resources to support the expectations of the
budget report.
LEGAL REVIEW:
new Committees are created, and potential
nance Advisory Committees are combined.
Committees and the potential of adding
Committees will be included in the mid -year
The City Attorney has reviewed and approved as to form.
BRENDA GREEN
City Clerk
ATTACHMENTS: 1 Council Policy 000-2
2 List of Committees
3. POC Memorandum
RICHARD L. FRANCIS
Assistant City Manager
ATTACHMENT 1
CITY OF COSTA MESA, CALIFORNIA
COUNCIL POLICY
SUBJECT
POLICY
EFFECTIVE
PAGE
NUMBER
DATE
000-2
2/1/99
CITY COUNCIL APPOINTED ADVISORY
1 of 3
COMMITTEES AND BOARDS
REV: 3/03
REV: 10/18/11
REV: 6/5/12
BACKGROUND
Revisions to this Policy occurred in March, 2003, and October, 2011. The City Council has modified the
recruitment, criteria, and selection of committee and board members. The City Council also approved
the decrease in membership of the committees and boards through attrition and to be reflected in the
Commissions/Committees/Boards Handbook. On May 5, 2012, the City Council modified the Policy
indicating that the expiration of all committee and board -terms shall be in April. Council Policy 000-2 has
been changed to cover only the City's appointed committees and boards.
PURPOSE
To provide clear and cohesive policies which assist appointed committee and board members in
performing their duties, and procedures for new standing and ad hoc committee formation.
POLICY
1. Bring community attitudes and needs into focus by providing valuable communication links between
the community and the government of the City.
2. Facilitate recommendations from the community, which aid City Council in making sound decisions
concerning policy formulation and resource allocation.
3. Establish and maintain a streamlined mechanism to facilitate committee formation; membership,
interaction, work programs, and evaluations.
PRACTICES AND PROCEDURES
1. Formation and Membership
a. Based upon the need for citizen input on matters of importance to the community, requests to
form a committee may be made by individual Council Members. "Committee Formation
Application Forms" and "Committee Interest Forms" shall be made available to all interested
parties through the City Clerk's Office.
b. Upon review of completed Formation Request Forms, City Council may create a new
committee by formal action. Such action will establish the purpose of the committee and the
number of members.
c. Individuals may apply to serve concurrently on more than one committee assuming there is
no conflict.
CITY OF COSTA MESA, CALIFORNIA
COUNCIL POLICY
SUBJECT
FFECTIVE
PAGE
DATE
2/1/99CITY
COUNCIL APPOINTED ADVISORY
7NUMBER
2 of 3COMMITTEES
AND BOARDS
EV: 3/03
V: 10/18/11
EV: 6/5/12
d. The City Council will appoint members to various committees and boards with staggered
terms.
e. The Mayor shall designate at least one member of City Council to serve as a non-voting
liaison to each committee.
2. Membership Terms
a. Appointed committee members must be Costa Mesa residents.
b. Committee members shall be appointed or reappointed for a term of two (2) years (staggered)
unless otherwise specified by City Council.
c. The expiration of all committee and board -terms shall be in April.
d. To vacate a position on a committee or board, the person shall file a written resignation with
the Staff Liaison. Vacancies may be filled immediately if alternate members exist, or held
open until a regular appointment time period occurs.
e. The City Council, at any time, may request the resignation of or terminate membership of any
committee member.
e. Alternates shall automatically fill vacancies left by the departure of full members, based on the
alternate's length of time serving on the committee.
3. Work Program/Committee Review Process
a. Each February, all committees shall prepare and submit a Work Program for City Council
review. The Work Program shall include:
• Evaluation of the previous years' progress;
• Delineation of the upcoming year's program, goals and objectives; and
• Proposed budget requests.
b. The City Council shall conduct a Committee Review Process once a year in February to
review the role and progress of committees to determine their effectiveness. In doing so, City
Council reserves the right to revise the status of various committees based upon their need
and benefit to the community.
CITY OF COSTA MESA, CALIFORNIA
COUNCIL POLICY
SUBJECT
POLICYFREV:
ECTIVE
PAGE
NUMBERATE
000-2/1/99
CITY COUNCIL APPOINTED ADVISORY
3 of 3
COMMITTEES AND BOARDS
V: 3/03
10/18/11
: 6/5/12
4. General Information and Procedures
Except as provided in this policy all committees and boards shall be guided by the policies set
forth in the Commissions/Committees/Boards Handbook. In case of any inconsistencies between
this policy and the Handbook, the provisions in this policy shall govern these committees and
boards.
5. Quorum Due to Vacancies
a. Where there are no vacancies by resignation of members, the quorum for a committee
formed by City Council shall be a majority of the members of such body.
Where the membership on a committee is reduced to less than a majority of the members
of such a body due to vacancies by resignation of its members, the quorum shall be a
majority of the remaining members of such body until the vacancies are filled by City
Council; provided, however, that under no circumstances would the quorum be lowered to
less than three (3) committee members. (For example, a committee formed by City
Council, which has seven members, would need four members to be present for the
committee to take formal action on a matter on the agenda for the meeting. If vacancies
occur due to resignations of the members, the quorum would be adjusted to require a
minimum of three members to be present for the committee to take formal action on a
matter on the agenda while the vacancies have not been filled by City Council. Once the
vacancies are filled, the quorum would return to the requirement of four members.)
LIST OF COMMITTEES AND BOARDS
Access Building, Fire and Housing Board of Appeal (4 vear appointments
1.
Jacob Batista
Term Expiration April 2019
2.
Gilbert Figueroa
Term Expiration April 2019
3.
Bill L. Mason
Term Expiration April 2019
4.
Tarig M. Shamma
Term Expiration April 2019
5.
Larry Weichman
Term Expiration April 2019
6.
Jim Fitzpatrick (Alternate)
Term Expiration April 2019
7.
Josue Castaneda (Alternate)
Term Expiration April 2019
8.
Ron Beehler, Interim Building Official (Ex Officio Member)
Cultural Arts Committee (2 year appointments)
James R. Fisler
1.
Monica Morita
Term Expiration April 2017
2.
Andrea Marr
Term Expiration April 2017
3.
Kathleen Eric
Term Expiration April 2017
4.
Frank Gutierrez
Term Expiration April 2017
5.
Lisa Michelle Grant
Term Expiration April 2017
6.
Tracy Taber
Term Expiration April 2017
7.
Jason Komala
Term Expiration April 2018
8.
Anthony Mandque
Term Expiration April 2018
9.
Chrystal A. Swope
Term Expiration April 2018
10.
Rocky Evans (Alternate)
Term Expiration April 2017
11.
Charlene M. Ashendorf (Alternate) Term Expiration April 2018
12.
Stacie Wendland
(School District Representative)
13.
Katrina Foley, Mayor
(City Council Liaison)
14. Sandra Genis, Mayor Pro Tem (City Council Liaison Alternate)
Finance Advisory Committee (2 vear appointments
1.
James R. Fisler
Term Expiration April 2017
2.
Susan Tuchler
Term Expiration April 2017
3.
Tom Pollitt
Term Expiration April 2017
4.
Steve Young
Term Expiration April 2017
5.
Howard Hull
Term Expiration April 2018
6.
Robert Juneman
Term Expiration April 2018
7.
Richard A. Riva Sr.
Term Expiration April 2018
8.
Ralph Taboada
Term Expiration April 2018
9.
VACANT
Term Expiration April 2018
10.
Thomas R. Hatch, City Manager
(Ex Officio Member)
11.
Mayor's Designee - VACANT
(Ex Officio Member)
12.
Sandra Genis, Mayor Pro Tem
(Alternate)
Historical Preservation Committee (2 vear appointments
ATTACHMENT 2
1.
Dave Gardner
Term Expiration April 2017
2.
Gary Parkin
Term Expiration April 2017
3.
Karen McKenna-Juergens
Term Expiration April 2017
4.
John McQueen
Term Expiration April 2017
5.
Matthew Fletcher
Term Expiration April 2018
6.
Christopher Ganiere
Term Expiration April 2018
7.
Mary Ellen Goddard
Term Expiration April 2018
8.
Garrett Peterson
Term Expiration April 2018
9.
Dave Goodman
Term Expiration April 2018
10.
VACANT (Alternate) -Tuchler resigned 1/10/17 Term Expiration April 2018
11.
VACANT (Alternate)
Term Expiration April 2018
12.
Sandra Genis, Mayor Pro Tem
(City Council Liaison)
13.
Katrina Foley, Mayor
(City Council Liaison Alternate)
Housing & Public Service Grants Committee (2 vear appointments
1.
Tony Capitelli
Term Expiration April 2017
2.
Christian Eric
Term Expiration April 2017
3.
Jeff R. Mathews
Term Expiration April 2017
4.
Yvonne Rowden
Term Expiration April 2017
5.
Rebecca Trahan
Term Expiration April 2017
6.
Eric Vu
Term Expiration April 2017
7.
Leah Ersoylu
Term Expiration April 2018
8.
Dave Goodman
Term Expiration April 2018
9.
Phillip Morello
Term Expiration April 2018
10.
Andrew Smith (Alternate)
No Term Expiration
11.
VACANT
(City Council Liaison)
12.
Katrina Foley, Mayor
(City Council Liaison Alternate)
13.
Jeff R. Matthews, Commissioner
(Planning Commission Liaison)
Pension Oversight Committee (2 vear appointments
1.
Robert Juneman
Term Expiration April 2017
2.
Al Melons
Term Expiration April 2017
3.
Gary Parkin
Term Expiration April 2017
4.
Timothy Sesler
Term Expiration April 2017
5.
George Turner
Term Expiration April 2017
6.
Ralph Taboada
Term Expiration April 2017
7.
Richard A. Riva Sr.
Term Expiration April 2017
8.
Lee A. Ramos
Term Expiration April 2017
9.
VACANT
Term Expiration April 2017
10.
Katrina Foley, Mayor
(Ex Officio Member)
11.
Sandra Genis, Mayor Pro Tem
(Ex Officio Member)
Bikeway and Walkability Committee (2 year appointments)
1. Leah Ersoylu Term Expiration April 2017
2. Flo Martin Term Expiration April 2017
3. Jim Erickson Term Expiration April 2017
4. Jim Kerins Term Expiration April 2017
5. Cindy Brenneman Term Expiration April 2017
6. James Kane Term Expiration April 2017
7. Richard J. Huffman, II Term Expiration April 2017
8. John C. Merrill Term Expiration April 2017
9. Ralph Taboada Term Expiration April 2017
10. Andrea Marr Term Expiration April 2017
11. Brian Valles Term Expiration April 2017
12. Cynthia McDonald Term Expiration April 2017
13. Russel Baldwin Term Expiration April 2017
14. Maggie Gallagher Term Expiration April 2017
15. Vacant (Capitella resigned 5/4/16) Term Expiration April 2017
16. Kirk Bauermeister (NMUSD Representative)
17. Brent Stoll (Chamber of Commerce Representative)
18. Katrina Foley, Mayor (City Council Liaison)
Traffic Impact Fee Ad Hoc Committee (4 year appointments)
1. Kevin Coleman (Chamber of Commerce Representative)
2. George Sakioka (Major Developers' Representative) Term Expiration April 2019
3. Kerry Smith (Small Developers' Representative) Term Expiration April 2019
4. Bret Rosol (At-Large Representative) Term Expiration April 2019
5. Walter Davenport (At-Large Representative) Term Expiration April 2019
6. Colin McCarthy (Planning Commission Representative)
7. James M. Righeimer, Council Member (City Council Liaison)
8. VACANT (City Council Liaison Alternate)
Fairview Park Citizens Advisory Committee (No Term Expirations)
1. Ron Amburgey
2. Terry Cummings
3. Dennis Popp
4. Lee A. Ramos
5. Steve Smith
6. Frank Davem
7. VACANT
8. VACANT
9. VACANT
10. James M. Righeimer, Council Member (City Council Liaison)
11. Sandra Genas, Mayor Pro Tem (City Council Liaison Alternate)
12. VACANT, Commissioner (Parks & Recreation Commission Liaison)
Charter Committee (No Term Expiration)
1. Ran Amburgey
2. Brett Eckles
3. William Francher
4. Thomas H. Graham
5. Gene Hutchins
6. Kerry McCarthy
7. Mary Ann O'Connell
8. Henry S. Panion
9. Tom Pollitt
10. Lee A. Ramos
11. Andrew B. Smith
12. Kevin A. Tobin
13. Harold Weitzberg
MEMO
ATTACHMENT 3
SUBJECT: PENSION OVERSIGHT COMMITTEE SCOPE AND RESPONSIBILITIES
DATE: December 22, 2016
TO: BRENDA GREEN, CITY CLERK
FROM: STEPHEN DUNIVENT, INTERIM FINANCE DIRECTOR
In concert with an upcoming agenda regarding City committees, this memo provides input
and recommendations regarding the Pension Oversight Committee.
RECOMMENDATION:
1. Consider merging the Pension Oversight Committee into the Finance Advisory
Committee.
2. Should the Council desire to continue the Pension Oversight Committee as a separate
committee:
a. Review and consider revising the scope and responsibilities of the Pension
Oversight Committee (POC) based on one of three options:
i. List A: Current POC scope and responsibilities
ii. List B: POC recommended revised POC scope and responsibilities
iii. List C: Staff recommended revised POC scope and responsibilities
b. Consider changing the name of the Pension Oversight Committee to the
Pension Advisory Committee.
BACKGROUND:
The Council established the Pension Oversight Committee (POC) on February 19, 2013.
The purpose of the POC is to focus on public employee pension -related matters. Since
establishment, the POC has accomplished many goals as well as had periodic discussions
on how possibly to clarify and expand their role. At their June 8, 2016 meeting, the POC
recommended changes to their scope and responsibilities. Finance staff has reviewed and
commented on these changes. POC recommendations, along with alternatives, are
presented for Council consideration. The POC also recommended changing the committee
name to the Pension Advisory Committee.
POC role & responsibilities paqe 1
ANALYSIS:
The Pension Oversight Committee was established on February 19, 2013 by the
Costa Mesa City Council to focus on public employee pension -related matters with a
concentration on the following (List A):
�. Review annual and long-term pension and financial matters as it pertains to the City's
CalPERS retirement unfunded pension obligations.
2. Ensure the City maintains adequate reserves and ratios per City Council guidelines.
3. Review negotiated pension and compensation packages as it pertains to each
employee bargaining unit.
4. Evaluate and advise the City Council on annual changes to pension costs.
Since its establishment, the POC has accomplished many goals including learning about
CalPERS retirement system and plan concepts, publishing Fast Facts bulletins, and making
presentations and recommendations to the Council including:
• Proposal to the City Council to reduce Costa Mesa pension costs (Feb. 4, 2014)
• Public safety employees should pay maximum (14%) pension contribution (Aug. 6,
2014)
• Updated PERS findings and risks of long-term escalating unfunded pension liability
payments (Sep. 29, 2014)
• POC update to the City Council (Dec. 1, 2015)
At their June 8, 2016 meeting, and as revised at their August 10, 2016 meeting, the POC
recommended changes to their scope and responsibilities. They drafted the following
updated scope and responsibilities list for Council consideration as follows (List B):
1. Evaluate annual and long-term pension and financial impacts from changes in
CaIPERS contribution rates and/or actuarial schedule changes, and advise City
Council.
2. Evaluate alternative, sustainable retirement benefit solutions, and advise City
Council.
3. Review existing and tentative labor contracts as they relate to pension and
compensation packages, including any impact to the Unfunded Pension Liability, and
advise City Council.
4. Review alternative financing methods potentially available to the City for the
Unfunded Pension Liability, and advise City Council.
5. Review retiree medical programs and costs, and advise City Council.
The POC also recommended changing the committee's name to the Pension Advisory
Committee. The reasoning for the recommended new name is that it would be similar to
the Finance Advisory Committee and better reflect the advisory role of the committee.
Staff reviewed the proposed updated scope and responsibilities (List B) and compared it to
the original scope (List A). Features of the POC recommendations are that the new list:
• Expands focus from unfunded pension liabilities to general pension financial issues
• Drops the focus on "reserves and ratios"
• Seeks a more active role in the review of pension and financial impact of labor
contracts
POC role & resnonsibilities oape 2
• Further defines the role in review of annual CaIPERS valuation reports and their
impacts
• Adds new areas of responsibility, i.e. List B items 2, 4 and 5.
Staff believes List B item 3 is already covered by the COIN fiscal analysis process. POC
input on labor contracts can be appropriately handled by providing the Council with general
negotiation goals relating to pension costs before the start of the negotiation cycle, as the
POC did in August 2014. Staff is neutral on the committee name change.
ALTERNATIVES CONSIDERED:
Staff considered an alternative to List B. It is an amended version of the POC's
recommended updated scope and responsibilities as follows (List C):
Review, evaluate and advise City Council in the following areas:
1. Annual and long-term pension and financial impacts from changes in CalPERS
contribution rates and/or actuarial schedule changes based on the annual
CaIPERS valuation reports
2. Sustainable alternative retirement benefit plans
3. Labor contract negotiation goals related to pension plans and costs including any
impact to the Unfunded Pension Liability (prior to the start of negotiations)
4. Alternative Unfunded Pension Liability financing methods potentially available to
the City
5. Retiree medical programs and costs
Compared to the POC list B, staff recommended List C makes the following modifications:
• Makes slight wording changes to item 2.
• Revises item 3 to reflect a policy advisory role at the beginning of the negotiation
process.
At their August 10, 2016 meeting, the POC discussed a draft of this agenda report and
the staff alternative List C. The POC members were generally in agreement with the
revisions however there was strong disagreement with the revised wording of item 3,
especially the last phrase "...prior to the start of negotiations". The POC believes that in
order to fulfill its obligation to advise the City Council, it needs the authorization from Council
to review and comment on tentatively approved labor contracts. Staff believes the POC and
its members have this opportunity when the tentatively approved contracts are filed for
Council adoption. COIN ordinance section 2-239 provides a minimum of two City Council
meetings wherein the public has an opportunity to review and comment on the matter and
that the related materials will be posted on the City's website.
POC role & responsibilities page 3
An additional alternative that staff, but not the POC, considered was the dissolution of the
POC and merging its functions with the Finance Advisory Committee (FAC) perhaps as a
standing subcommittee or working group within the FAC. The basis for this alternative
includes the following issues:
• The initial education and research phase of the POC is completed.
• The current POC and FAG have four members in common. (J. Arthur, R. Riva, R.
Taboada and R. Juneman)
• Both committees have common interests and sometimes review the same
information.
• The scope of the FAC is a greater City financial overview of which pensions are a
significantly large component.
• Combining the committees would save support staff time spent on creating meeting
agendas, meeting time and preparing/publishing meeting minutes.
Staff recommends merging the Pension Oversight Committee into the Finance Advisory
Committee.
FISCAL REVIEW:
No additional cost is expected with any of these recommendations. With one rather than
two committees, some cost savings could occur due to fewer meetings.
CONCLUSION:
Staff recommends merging the Pension Oversight Committee into the Finance Advisory
Committee. If the Council desires the POC to continue as a separate committee, staff
recommends revising the POC scope and responsibilities using List C. Staff is neutral
on the name change.
w6_. a4i4e4i-
Stephen Dunivent
Interim Finance Director
Attachment 1: Minutes of the June 8, 2016 POC Meeting
POC role & responsibilities page 4
Agenda Item 5.1
T 2
PENSION OVERSIGHT COMMITTEE
JUNE 812016
CALL TO ORDER
The meeting was called to order by Vice -Chairman Ralph Taboada at 4:46 p.m. in Conference
Room 1A at Costa Mesa City Hall, 77 Fair Drive, Costa Mesa, California.
ROLL CALL
Members Present: Vice -Chair Ralph Taboada, Bob Juneman, AI Melone, Gary Parkin,
Lee Ramos, Richard Riva, Timothy Sesler, George Turner
City Staff Present: HR Manager Lance Nakamoto, Management Analyst Ray Hull, HR
Analyst Itzia Carvajal
Members Absent: Chairman Jeff Arthur
Council Members Absent: Mayor Stephen Mensinger, Mayor Pro Tem Jim Righeimer
PUBLIC COMMENTS
None.
MEMBER'S REPORTS, COMMENTS, AND SUGGESTIONS
® Gary Parkin provided two newspaper articles:
o "Westminster faces cuts, adding a sales tax or worse" OC Register, May 20, 2016.
o "OC Watchdog: Unfunded pension debt approaching $1 trillion?" OC Register,
May 21; 2016,
6 Richard Riva provided six articles:
o "Pension costs, by any measure, are staggering" The Whittier Daily News, May 24,
2016.
o "California unprepared for next recession" LA Daily Neves, June 7, 2016.
o "California's version of highway robbery" OC Register, June 7, 2016.
o Street, Chriss. "CalPERS Probe Continues: Former CEO Turns State's Evidence."
brietbart.com. < http://www.breitbaFLcom/california/2016/06/07/calpers-probe-
continues-former-ceo-turns-states-evidence/ >
FAFINA NCE\CON1Nf0N\Penslon Oacs12016-POC M11eet4,rg Minute- June 8 (DRAFT). docx Page
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Agenda Item 5.1
o °Moody's: Fiscal test of most populous states show Texas best prepared for next
recession, California least ready" Moody`s Investor Service, April 21, 2016.
o "CALPERS Committed `Worst Financial Fraud in the History of the State' Says CA
Pension Reformer Chuck Reed" Kersten Institute, June 3, 2016.
• Bob Juneman provided his thoughts on public sector defined contribution retirement plans
versus defined benefit plans.
APPROVAL OF MINUTES
Meeting of May 11, 2016
Motion/Second: George Turner /Timothy Sesler
The motion carried by the following vote:
Ayes: Bob Juneman, AI Melone, Gary Parkin, Richard Riva, Timothy Sesler, Ralph Taboada,
George Turner
Nays: None
Abstained: Lee Ramos
Motion carried: 7-0-1
SUB -COMMITTEE UPDATE
OLD BUSINESS
1. POC approved proposed scope and purpose statements of Pension Oversight Committee.
POC also approved proposed committee name change to Pension Advisory Committee.
Staff wiil prepare draft Agenda Report for consideration at future City Council meeting.
NEW BUSINESS
1. City staff will contact local jurisdictions using Govinvest's pension and other post -
employment benefits (OPEB) analysis software. Item will be discussed again during the
July 13, 2016 POC meeting.
2. Lance Nakamoto briefed the POC on the current Costa Mesa Fire Association labor
contract negotiations. COIN analyses will be discussed during the July 13, 2016 POC
meeting.
3. POC took no action regarding its standing meeting schedule.
F.T NANCMOMM MPension Ove rvght Commltta.=.1dA7nutT>i2016\Word Docst2076- POC Meeting Minutn-June 8 (DRAFT).docx P2ge
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Agenda Item 5.1
OPEN DISCUSSION I FUTURE AGENDA ITEMS
1. Findings of staff's discussions with Govinvest's local customers.
2. COIN analysis(es) of Costa Mesa Fire Association labor contract negotiations.
3. Staff will research defined contribution plans for California public employees.
ADJOURNMENT - The meeting was adjourned at 6:16 p.m. to the Regular Meeting on July 13,
2016 at 4:45 p.m.
Ralph Taboada, Vice -Chairman
92 Al �44/y
Ray Hull, M nagement Analyst
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