City of San Diego Retired Employees Association
November 10, 2020
Board Meeting Minutes
NOTES: All votes were unanimous unless otherwise noted.
To adhere to COVID-19 social distancing protocols, the meeting was held via Zoom online meeting service.
Call to Order: The meeting was called to order by Vice-President for Advocacy Mike Bresnahan at 9:17am.
Board Members Present: Jim Baross, Mike Bresnahan, Chris Brewster, Karen Butler, Joan Hernandez, Charlie Hogquist, Brad Jacobsen, Joan McNamara, Mary Ann Stepnowsky, John Tsiknas, Dave Twomey, and Janet Wood
Guests Present: None
AGENDA: There were no additions or changes to the agenda.
PRESIDENT’S REMARKS: None.
MINUTES: The minutes of the October 2020 Board meeting were approved.
TREASURER’S REPORT: Karen reported Advocacy expenditures related to our Image Enhancement Campaign in the amounts of $1000 for Restoring Respect and $500 for a footer on VOSD’s Morning Report. Our newsletter checks are getting cashed late – the September check was cashed in October, and the October check has not yet been cashed. Other than that, all was normal.
M/S/C to accept the October Treasurer’s Report.
INVESTMENT COMMITTEE REPORT: Our investments are doing well. The Russell 3000 has had an appreciation of 29.11% to date, while the Money Market fund has had an appreciation of 3.86% during the same time period.
M/S/C to accept the Investment Committee Report.
COMMUNICATIONS: None.
RETIREMENT BOARD REPRESENTATIVE’S REPORT
Charlie reported that the SDCERS Board is meeting on Friday, with approval of the Supplemental Pension Benefit recommended. Three Board positions will become open in January.
DISCUSSION/ACTION ITEMS:
Mike reported that Jonathan Hayes has an employee (Connor Sorensen) who is interested in taking over newsletter duties from Janet and Mary Ann. We will be charged $250 per month for a six-month trial period.
M/S/C to enter into a six-month contract with Integrated Labor Solutions at a rate of $250 per month for newsletter production.
INFORMATION ITEMS: None
COMMITTEE REPORTS
Advocacy: Dave suggested that we plan more activities for our Image Enhancement Campaign in 2021 at the board retreat. Several of our proposed activities are being sidelined due to covid.
There was discussion and wordsmithing of a draft mission statement. Board members were encouraged to make any other changes/comments via email.
The next Advocacy Committee meeting will be November 19.
The Board Retreat is December 11 at 9:30.
Membership: Membership is 1687 (we lost three members). We need to find ways to increase membership. It was suggested that Stacie LoMedico might be able to help with this effort.
Newsletter: Deadline for the next issue is November 18. Connor Sorensen should be included in the submissions (email address: [email protected]). Joan McNamara will have another feature on members still serving the community for the December newsletter.
Past President: No report.
Website: No report
OTHER RETIREE/ACTIVE EMPLOYEE ASSOCIATION REPORTS
Retiree Issues Task Force (RITF): No report.
Retirement Security Roundtable: No report.
MEA: No report.
Other Retired Public Employee Associations: No report
PROGRAMS: Dave will provide a list of potential speakers for 2021 at the Board Retreat. Speakers for January and February are in place.
ADJOURNMENT
The meeting was adjourned at 10:15am.
Respectfully submitted,
Brad Jacobsen
Secretary