REPORT TO DEFERRED COMPENSATION COMMITTEE
SUBJECT
Title
Action to Establish Deferred Compensation Committee Meeting Dates for Calendar Year 2027
Report
DISCUSSION
Staff is proposing a regular Committee meeting schedule for Calendar Year 2027 so that the Committee members, Nationwide, Fiduciary Consulting Group and staff can rely upon firm deliverable meeting dates. This enables staff to comply with strict noticing and publishing requirements in accordance with the Brown Act as well as distribute materials to the Committee well in advance of the meetings. Establishing the annual Committee meeting schedule in advance of the upcoming year is consistent with other Committees and Commissions.
Quarterly financial and plan demographic data is available at the end of the month following the end of each quarter, making the second month following quarter-end (February, May, August, and November) ideal for the Committee meetings.
After consulting with Nationwide and Fiduciary Consulting Group on their mutual availability, staff is proposing the Committee meet on the following dates of these months (February, May, August, and November) as follows: February 11, 2027 at 1:00 PM, May 13, 2027 at 10:00 AM, August 12, 2027 at 10:00 AM, and November 17, 2027 at 10:00 AM.
RECOMMENDATION
Recommendation
Approve the calendar of meeting dates for 2027