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Annual Board Retreat: January 6, 2011
The 2011 Board Retreat set out to accomplish the following objectives:
- To provide the Board with an overview of the economic, political and legislative trends currently influencing defined benefit plans and an understanding of how they may impact LAFPP;
- To provide the Board with an overview of the actions that staff has taken to prepare for the impact that these economic, political and legislative trends may have on LAFPP; and
- To assist the Board in identifying a strategic path to further prepare the system to most effectively and efficiently mitigate potential threats and maximize opportunities over the coming year.
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Speaker |
| Thursday, January 6, 2011 |
Investment Education - A Closer Look at Private Equity
An overview of what private equity investing is, how private equity investments are made, the factors that drive the costs, expected risk and return, and how this asset class fits into our overall portfolio.
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Ethical Decision Making
Recent changes to Los Angeles ethics laws and rules with a focus on gifts, lobbying and direct communication with those seeking business with the Fund, followed by a discussion of various real life scenarios.
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- Renee Stadel, Office of the City Attorney, Integrity Division
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Joint Efficiencies and Their Impact on LAFPP
Summary of what we have done and are doing to reduce administrative costs and fees.
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Observations from China
Discussion of his recent trip to China and share his observations and insights.
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Pension Reform - What Does It Mean for LAFPP?
Summary of pension related Charter changes under consideration and recent legislative changes impacting Defined Benefit plans generally, the impact these changes may have on our current or future members and on staff who must administer the benefits, and what we are doing to prepare. |
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Health Care Reform
An overview of recent federal legislation regarding health care, what is still undecided, how pension funds, and LAFPP in particular, may be impacted, and what actions we have taken to prepare.
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2011 Board Retreat