Board of Retirement & Administration
The Board of Retirement appoints an Administrator to oversee the day-to-day management of the retirement system, including all accounting, benefits, communications, legal and technology functions. The Board also contracts for investment management, asset custody, investment performance evaluation, financial audit, actuarial consulting and other services necessary for the proper and prudent administration of the Plan, in accordance with retirement law.
Governance documents, board member profiles, and board meeting agendas and minutes are provided below.
Through the Retirement Administrator, the Board of Retirement exercises oversight of VCERA as prescribed by law. The Board also abides by a broad governance framework that is reflected in numerous bylaws, regulation, charters and policies approved by the Board. Click on the links below to view these documents.
The Board of Retirement meets in the VCERA Boardroom on the first and third Mondays of each month at 9:00 a.m., avoiding consecutive Mondays and County holidays. Click here to view the Board Meeting Schedule.
Traditionally, the first meeting of the month focuses on reviewing disability retirement applications. The second meeting of the month focuses on administrative and investment matters. However, the Board may hear matters on any topic at any meeting. Board meetings are open to the public.