Legislation Details

File #: 24-154    Version: 1 Name:
Type: Public Hearing/General Business Status: Agenda Ready
File created: 2/6/2024 In control: Deferred Compensation Committee
On agenda: 2/15/2024 Final action: 2/15/2024
Title: Action to Review and Adopt the Investment Policy Statement (IPS) for the City's 457 Deferred Compensation Plan
Attachments: 1. City of Santa Clara - Deferred Compensation Plan Investment Policy Statement - Draft

REPORT TO DEFERRED COMPENSATION COMMITTEE

SUBJECT

Title

Action to Review and Adopt the Investment Policy Statement (IPS) for the City’s 457 Deferred Compensation Plan

 

Report

DISCUSSION

This is an action report item for the Committee.

 

Each year, the City’s 457 Deferred Compensation Committee reviews and adopts its Investment Policy Statement (IPS). Please see the attached IPS. The Committee will hear a presentation from, and review the draft changes provided by, the Hyas Group, and adopt or amend the proposed changes to the IPS.  

 

RECOMMENDATION

Recommendation

Adopt the Investment Policy Statement for the City’s 457 Deferred Compensation Plan

 

ATTACHMENT

1.                     Hyas Group - Deferred Compensation Plan Investment Policy Statement - Draft