City of San Diego Retired Employees Association
May 8, 2018
General Meeting Minutes
The minutes for the April 2018 meeting and the April Treasurer’s Report were approved.
Retirement Board Representative Charlie Hogquist reported that the City is transferring its deferred comp investments from Valic to CalPERS.
Cynthia Queen reported that the SDCERS Board is in the process of choosing a new president, and that staff is recommending that the Board approve a cost of living increase of 2%.
The healthcare overview program will be May 30, 2018; and the annual Health Fair on June 22, 2018.
Vice-President for Advocacy Mike Bresnahan reported that the City’s Risk Management Department is very late on announcing the health care providers for next year.
Vice-President for Programs Dave Twomey thanked Tom Peña for stepping up and coordinating lunch service for the past three years.
The program was our own Charlie Hogquist who shared some insights about San Diego that many of us locals are unaware of. These included: How San Diego and California got their names; the ironic history of the US Grant Hotel and its place in the local women’s movement; a commemorative site in Little Italy to the tuna fishermen whose boat were conscripted for use as patrol boats in WW2; the history of the Golden West Hotel in downtown, one of the few downtown buildings with neon signage; and why the Whaley House is so haunted.
Articles from Chris Brewster on Retirement Issues, Local and National:
About Proposition B: http://www.sandiegouniontribune.com/news/politics/sd-mepension-hearing20180510-story.html
For Workers Without Retirement Savings, State-Run I.R.A.s Can Pay Off Click here to read the article or cut and paste this link to your browser: https://nyti.ms/2Heidsd
The Supreme Court Hearing regarding Proposition B will be on Tuesday, May 29, 2018 starting at 9 am.
If you would like to view the live webcast, follow the instructions below:
Click on this link or put in your web browser: www.courts.ca.gov/supremecourt On left-hand side of screen under Supreme Court, choose the third item: “Oral Argument Webcasts.” You will see entry for
“Upcoming” on 5/29. There is a “note” explaining that a link for the live webcast will appear 30 minutes before the start time.