Present: President Nancy Acevedo, Dave Hall, Joe Flynn, Terry Flynn, Alyse Ford, Ruth Ann Hageman, Pat Karnes, Bob Korch, Ty Rogers, Maggie Smith, Jean Struiksma, Lynn Swanson, Sylvia Tatum, John Tsiknas and Bob West. Guests: Dick Wilkins and Bob Headland.

Meeting called to order at 9:30 a.m. Nancy introduced Dave Hall, the new retiree representative on the Retirement Board.

Minutes for the February 12, 2008 Board Meeting were approved.

COMMUNICATIONS: Nancy Acevedo

Ron Moskowitz & Nancy met with David Wescoe, Executive Director of SDCERS. Rebecca has been promoted to Chief of Staff. There is a continuing effort to eliminate paperwork for pre-80 retirees. They are editing the survivor benefits information booklet considerably. They also agreed to let people know earlier about the Corbett payments. They will establish an annual General Meeting for all members in September. They invited two members to be a user review of their new website - Lynn and Nancy volunteered. They agreed that future Free Spirit issues will included CERS phone number. They need more brochures: Alyse and Joe will update the brochures before reprinting.

TREASURER’S REPORT: Sylvia Tatum provided her written report. Total reserve-operating fund balance of $41,616.49 Unanimous approval.

ACTION ITEMS: Nancy Acevedo

Lunch or no-lunch for the forums. Nancy has reserved the two conference rooms for the luncheon. Each room can be set up for the caterer and have 12 tables at 6 chairs each. Nancy asked for suggestions on the board meetings before the forums. Should we schedule an extra meeting April? Alyse suggested coming in a 8:45 on the day of the forum. April 8th. We would do that for the next 2 meetings.

The Advocacy Committee proposed a letter be sent to the Mayor regarding the municipal code changes needed to address the tax determination letter and voluntary compliance program settlement. M/s Rogers/Tsiknas. Approved. One negative. Jean Struiksma said that she doesn’t see this as our issue, but it should be the issue of the Board. Joe said that he was on the board when this issue was raised. He said that we may be a different voice occasionally.

Revised health insurance paper. Bob West presented the background on how this paper was prepared. People can apply to Medicare to have their premiums lowered if in a prior year there was an event that increased their income, such as a one-time home sale.

MS /Flynn/Smith

Forums: Patti Karnes had sent out an outline with the budget. She has arranged for tables and podium on stage and table down below for the timer. Lynn suggested going to Party City and getting the plastic table skirts there.

Nancy has ordered the audio equipment - the company will provide and monitor the microphones: they will set everything up and will take them down.

See Patti’s notes on the forum.

3 min. for each candidate. Lynn will look into Press Releases. Bob Korch asked if we could find a way to keep the candidates on message. Lynn will do candidate nameplates. Andrew Donohue will be the moderator.

Budget for the forums: RFPA will pay half of all costs. Rogers/T. Flynn budget approved up to $1000.

Assign people to escort the candidates. Ruth Ann volunteered to escort Aguirre. Dave suggested security. be arranged ahead of time to handle any problems that could arise. Nancy will request Ron Moskowitz to arrange.

Ruth Ann left the Board meeting and the General Session. Patti continued minutes on the following information/discussion Items:

Re: Alan Hardtarfer resignation. Nancy will contact Ed Mendoza to see if he would be willing to be a temporary replacement, so that Alan could return to the board if possible.

Re: CSDREA Favors -Joe wanted to verify that the only contact reference on either cups or pens would be the CSDREA website.

Re: Newletter Distribution-Lynn asked to drop the stamped version if members were receiving the email version. Sylvia said the recruiting folder would need to be changed. Tsiknas said that of the 380 members with email addresses, about half are receiving email newsletters. He noted that about 4 members a month fail to update CSDREA with new emails. It was agreed by consensus that we would send an e-mail stating that to save money, people with e-mail addresses would receive only the e-newsletter unless they request to also be sent the printed copy. Sylvia and Nancy will revise the initial letter sent to members to clarify this.

Committee Reports:

Re: Advocacy- Ty Rogers on drafting the letter to the Mayor regarding the Council vote needed for SDCERS to settle with the IRS.

Purchase of Service Court Case's next court date is March 21.

Next Advocacy meeting is April 1, Tuesday, 9:30am at Mission Valley Library.

Patricia said the SDCERS Board will be voting on a new Independence Policy (from the City) and Actuarial Soundness Policy, prepared by Chris Waddell, SDCERS' General Counsel.

As a regular feature, and at Virginia Silverman's request, John Tsiknas has added Chris Waddell's monthly legal report to our web site, so members can read the February draft of the Independence Policy, and the updated version for March when it becomes available.

Re: Program Committee

Alyse confirmed the July travel program and also provided Patti with contact information for the person doing the program.

As Wescoe, SDCERS Administrator, is scheduling a SDCERS General membership meeting in September, to cover topics of interest, including the status of investments. Patti will find another program for September.

Re: Active Employee Association Representative:

1) Healthcare- Lynn expects the Mayor to limit healthcare choices to Kaiser and probably PacifiCare. She expects retirees will be able to move from Sharp to PacfiCare without major problems as they share physicians.

2) MEA Negotiations- Nancy noted that negotiations with management are not private, and are in the newspaper.

Web Site: John Tsiknas was pleased with his meeting with Fire and Police retirees webmaster. Their web site offers the ability to transfer our present content.

Audit Committee: Maggie moved to archive old annual CSDREA audits for future audit committees. Patti seconded. Unanimous approval. Bob West will scan them in and Tsiknas will archive.

Heathcare committee: Maggie is recruiting committee members to monitor the City on healthcare issues.

SDCERS Fund Balance as of March 10, 2008 was $4.676 billion, a loss of $24 million.
Meeting Adjourned.

Ruth Ann Hageman, Secretary