HomeMy WebLinkAboutMINUTES - 02142012 - C.64RECOMMENDATION(S):
ACCEPT quarterly report of the Post Retirement Health Benefits Trust Agreement
Advisory Body.
FISCAL IMPACT:
No specific fiscal impact. This is a quarterly report of the County's assets in the Public
Agency Retirement Services (PARS) Public Agencies Post-Retirement Health Care Plan
Trust.
BACKGROUND:
On December 14, 2010 the Board of Supervisors directed the formation of a Post
Retirement Health Benefits Trust Agreement Advisory Body (consisting of the County
Administrator, County Finance Director, Treasurer-Tax Collector, Auditor-Controller, and
Health Services Finance Director).
The Advisory Body meets quarterly. At its meeting of August 4, 2011, the body discussed
and reviewed final report formats with HighMark Capital Management and made
recommendations regarding a final standardized quarterly report. The attached third quarter
APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
Action of Board On: 02/14/2012 APPROVED AS RECOMMENDED OTHER
Clerks Notes:
VOTE OF SUPERVISORS
AYE:John Gioia, District I Supervisor
Mary N. Piepho, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V
Supervisor
ABSENT:Gayle B. Uilkema, District II
Supervisor
Contact: Lisa Driscoll, County Finance
Director (925) 335-1023
I hereby certify that this is a true and correct copy of an action taken and entered on the
minutes of the Board of Supervisors on the date shown.
ATTESTED: February 14, 2012
David Twa, County Administrator and Clerk of the Board of Supervisors
By: June McHuen, Deputy
cc: Robert Cambell, Auditor-Controller, Russell Watts, Treasurer-Tax Collector, Patrick Godley, Health Services Chief Financial Officer, David Twa, County
Administrator
C.64
To:Board of Supervisors
From:Lisa Driscoll, County Administrator
Date:February 14, 2012
Contra
Costa
County
Subject:Quarterly Report of the Post Retirement Health Benefits Trust Agreement Advisory Body
report is in the standardized format. The following is the investment summary presented at
the February 2, 2012 quarterly meeting for the period ending December 31, 2011:
BACKGROUND: (CONT'D)
Additional Materials -
A Post Retirement Health Benefits Trust Agreement Advisory Body web-page can be
found at the following address:
http://ca-contracostacounty.civicplus.com/index.aspx?NID=2915. The page describes the
function of the body, posts quarterly meeting materials, and all pertinent trust and plan
documents.
CONSEQUENCE OF NEGATIVE ACTION:
None.
CHILDREN'S IMPACT STATEMENT:
None.
ATTACHMENTS
4th Quarter Report