Administration, Investment, & Fiscal Management Board

Thursday, May 21, 2026 · 1:00 PM AM · City Hall Complex, 915 I Street, Sacramento, CA 95814

TL;DR

The Administration, Investment, & Fiscal Management Board held a meeting to review Sacramento City Employees' Retirement System (SCERS) operations and investment performance. The board approved routine retirement system matters through the Consent Calendar and discussed the system's asset allocation policy and quarterly investment reports for the March 2026 period.

Key Decisions

  • Approval of SCERS Investment Policy Approved
  • Approval of SCERS Pensioners' Cost of Living Increase Approved
  • Interest Rate to Credit Member Accounts for FY 2026/2027 Approved
  • Review of FY 2026/27 Asset Allocation Policy Discussed
  • SCERS Quarterly Investment Report (March 2026) and Performance Review Reviewed

Agenda

  1. Open Session
  2. Roll Call
  3. Land Acknowledgement
  4. Pledge of Allegiance
  5. Consent Calendar
  6. All items listed under the Consent Calendar are considered and acted upon by one Motion.
  7. 1. Approval of Administration, Investment, and Fiscal Management Board Meeting Minutes
    Consent Item
  8. 2. Sacramento City Employees’ Retirement System’s (SCERS or System) Investment Policy
    Consent Item
  9. 3. Sacramento City Employees Retirement System (SCERS) Pensioners’ Cost of Living Increase
    Consent Item
  10. 4. SCERS Monthly Investment Report
    Consent Item
  11. 5. Interest Rate to Credit Member Accounts for Fiscal Year 2026/2027
    Consent Item
  12. Discussion Calendar
  13. 6. Sacramento City Employees’ Retirement System (SCERS or System) Fiscal Year (FY) 2026/27 Asset Allocation Policy
    Discussion Item
  14. 7. SCERS Quarterly Investment Report for March 2026
    Discussion Item
  15. 8. Segal Marco Advisors Quarterly Investment Performance Report for March 2026
    Discussion Item
  16. Member Comments-Ideas and Questions
  17. Public Comments-Matters Not on the Agenda
  18. Adjournment
  19. page break
  20. Where to Find the Agenda and Staff Reports: The agenda provides a general description and staff recommendation; however, legislative bodies may take action other than what is recommended. Full staff reports are available at https://meetings.cityofsacramento.org. Watch the Legislative Body Meeting Online: Live video streams and archives of past meetings are available at https://meetings.cityofsacramento.org. Submit Written Comments Online: Written comments received are distributed to members, filed in the record, and will not be read aloud. Members of the public are encouraged to submit public comments electronically via eComment through the City’s Upcoming Meetings website at https://meetings.cityofsacramento.org. Public Comment Speaker Time Limits: In the interest of facilitating the legislative body’s conduct of the business of the City, members of the public (speakers) who wish to address the legislative body during the meeting will have two minutes per speaker for Consent Calendar Items, Public Hearing Items, Discussion Calendar Items, and Matters not on the Agenda for a maximum total of eight minutes per speaker per meeting. Each speaker shall limit his/her remarks to the specified time allotment. Notice to Lobbyists: When addressing the legislative body, you must identify yourself as a lobbyist and announce the client/business/organization you are representing. Assistance: In compliance with the Americans with Disabilities Act, if you need special assistance, a disability-related modification or accommodation, agenda materials in an alternative format, or auxiliary aids to participate in this meeting, please contact the Office of the City Clerk at 916-808 7200 or clerk@cityofsacramento.org as soon as possible. Providing at least 72 hours’ notice will help ensure that reasonable arrangements can be made.