Information Regarding Board's Hearing of Actuarial Implication of FY 2009 Investment Results

Date: Jul 20, 2009


At the July 17, 2009 Board meeting, SDCERS' Board of Administration discussed the actuarial implications of the fiscal year 2009 investment results.

Below are several related documents, including a letter sent by SDCERS' Administrator/CEO David Wescoe to Mayor Sanders and the City Council; a statement by SDCERS' Board President Mark Sullivan; the fiduciary counsel and actuary presentations heard at the July 17 Board meeting; the referenced City Council memo; and a letter to the Union-Tribune from former Board President Tom Hebrank.

  Letter from David Wescoe to Mayor Sanders and City Council

  Statement regarding Board's hearing of actuarial implications of FY 2009 investment results

  Fiduciary counsel presentation

  Actuary's presentation

  Frye/DeMaio Memorandum

  Letter to Union-Tribune from former Board President Tom Hebrank

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