Meeting details

Joint Meeting of the Board of Trustees and Investment Advisory Committee

Held at: ERS - 9th Floor Conference Center, Rio Grande Conference Room

Wednesday, 08/25/2021

From 8:00 AM to 5:00 PM

Meeting files:
Legend:
Agenda
Agenda package
Agenda item details

Agenda

Meeting of the ERS Board of Trustees' Audit Committee
1
Call Meeting of the ERS Board of Trustees Audit Committee to order
11/2021
2
Consideration of the Minutes to the March 10, 2021 ERS Audit Committee Meeting - (Action)
12/2021
3
Review of Internal Audit Reports
• Qualified Domestic Relations Orders Audit
• Alternative Investments Funding Audit
• Status of Audit Recommendations
13/2021
4
Consideration of Internal Audit Administrative Items – (Action)
• Internal Audit’s Proposed Fiscal Year 2022 Audit Plan – (Action)
14/2021
5
Adjournment of the ERS Board of Trustees Audit Committee Meeting
15/2021
Joint Meeting of the ERS Board of Trustees and Investment Advisory Committee
6
Call Meeting of the Board of Trustees to Order
26/2021
7
Call Meeting of the Investment Advisory Committee to Order
27/2021
8
Consideration of the Minutes to the May 26, 2021 Joint Meeting of the Board of Trustees and Investment Advisory Committee – (Action)
28/2021
9
Introduction of Incoming Chief Investment Officer
29/2021
10
Consideration of Opportunistic Credit Asset Allocation – (Action)
31/2021
11
*Consideration of Asset Class Investment Committee Charter – (Action)
30/2021
12
*Consideration of ERS’ Investment Policy – (Action)
32/2021
13
Consideration of the ERS Incentive Compensation Plan for Investment Professionals and Leadership Employees – (Action – Board Only)
33/2021
14
Review of 87th Legislative Session
34/2021
15
*Review of Investment Performance for the 2nd Quarter of 2021 and Risk Update
35/2021
16
* Consideration of Hedge Funds - (Action)
• Market Update and Program Overview
• Proposed Hedge Fund Annual Tactical Plan for Fiscal year 2022 – (Action)
36/2021
17
* Consideration of Private Equity - (Action)
• Market Update and Program Overview
• Proposed Private Equity Annual Tactical Plan for Fiscal Year 2022 – (Action)
37/2021
18
Consideration of Reappointment of Investment Advisory Committee Member (Action – Board Only)
38/2021
19
Election of Chair and Vice Chair of the ERS Investment Advisory Committee for Fiscal Year 2021 – 2023 – (Action - IAC Only)
39/2021
20
Chief Investment Officer Recognition
40/2021
21
Adjournment of the Joint Meeting of the Board of Trustees and Investment Advisory Committee
41/2021
22
Recess of the Board of Trustees. Following a temporary recess, the Board of Trustees will reconvene to take up the Board agenda items
42/2021
Meeting of the ERS Board of Trustees
23
Call Meeting of the ERS Board of Trustees to Order
22/2021
24
Consideration of the Minutes to the May 26, 2021 ERS Board of Trustees Meeting - (Action)
23/2021
25
Consideration of Proposed Rates for HealthSelect Medicare Advantage Preferred Provider Organization Plan for Calendar Year 2022 - (Action)
25/2021
26
Consideration of Fiscal Year 2022 Operating Budget and Fiscal Year 2022 Capital and Property Management Budget – (Action)
26/2021
27
Agency Update
• CPI-U adjustment for Chapter 615 Benefits for Fiscal Year 2022
• Summer Enrollment for Plan Year 2022
• Recent Agency Developments
27/2021
28
Board Member Recognition
28/2021
29
Executive Session – In accordance with Section 551.074, Texas Government Code, the ERS Board of Trustees will meet in executive session to deliberate the employment, evaluation and duties of the Executive Director of the Employees Retirement System of Texas. Thereafter, the Board may consider appropriate action in open session.
29/2021
30
Election of Chair and Vice Chair of the ERS Board of Trustees for Fiscal Year 2022 – (Action)
30/2021
31
Adjournment of the Board of Trustees Meeting
31/2021