Protecting Your Retirement - March 9, 2022

OCERS Trustee and OCEA Secretary Adele Tagaloa was featured as a panelist at the CALAPRS Annual General Assembly.

Dear OCEA member,

Your employee representatives on the OCERS Retirement Board, Adele Tagaloa and Chris Prevatt, spent the past few days at ​the California Association of Public Retirement Systems (CALAPRS) Annual General Assembly. ​The General Assembly is an educational conference for retirement system trustees and senior staff to learn from experts and peers, while getting the opportunity to interact with their colleagues face-to-face and network.

This year’s theme, “Focusing on the Future: Creating and Sustaining Success,” provided valuable opportunities for attendees to hear from colleagues and pension professionals about what’s working, lessons learned, challenges and successes from other Retirement Systems within the state.

Adele Tagaloa, Vice Chair of OCERS Investment Committee, was featured during a panel on the topic of “Delegating to the Investment Staff.” OCERS began delegating most investment decisions to its investment staff in 2017, when Chris Prevatt was Chair of the OCERS Investment Committee. This allows the board to focus on policy considerations such as asset allocation and oversight, ​appropriately leaving the nuts and bolts of selecting investments to ​OCERS highly qualified staff of investment professionals.

Adele and Chris are just ​two of the many ​OCEA member leaders fighting every day ​to preserve the many rights​, benefits and protections ​enjoyed by OCEA members. If you’re interested in getting involved, let us know at ocea.org/getinvolved.

In Solidarity,

OCEA

Publication Date: March 9, 2022