AGENDA

AUDIT COMMITTEE

SAN BERNARDINO COUNTY EMPLOYEES' RETIREMENT ASSOCIATION

February 15, 2018

11:00 AM

Board Room

348 West Hospitality Lane, First Floor

San Bernardino, California 92415

 

PUBLIC NOTICE

 

Items of interest to the public that are within the subject matter jurisdiction of the Board of Retirement, hereinafter referred to as “Board”, may be addressed by the public during the meeting.  Persons wishing to address items on the agenda should provide notice to the Secretary of the Board prior to Board’s discussion of the item. Members of the public may also comment during the Public Comment period at the end of Open Session.  Speakers are limited to three minutes.

 

1.

Call meeting to order.

 

2.

Action: Approve minutes of Audit Committee of January 17, 2018.

 

3.

Presentation by Staff on follow-up items related to the KMCO report.

 

4.

Action: Recommend that the Board of Retirement Approve the Actuary & Audit Policy No. 004 – Audit Committee Charter.

 

5.

Action: Recommend that the Board of Retirement Approve the Actuary & Audit Policy No. 005 – Internal Audit Charter.

 

6.

Action: Recommend that the Board of Retirement Approve the Proposed Three-Year Internal Audit Plan

 

PUBLIC COMMENT

 

At this time, the Committee will provide an opportunity for the public to address any subject, within the jurisdiction of the Committee, which is not already scheduled on this agenda.  Committee members may respond briefly to statements made or questions posed.  They may ask a question for clarification and, through the Chairman, make a referral to staff for factual information or request staff to report back to the Committee at a later meeting.  Speakers are limited to three minutes.

 

ADJOURN

 

NOTES

 

The term "Action" in the wording of any Agenda item contained herein serves as notice that the Committee may, in its discretion, dispose of any item by any action in the following non-exclusive list:  approve, disapprove, modify, defer, table, take no action, and receive and file.

 

The Board of Retirement meeting facility is accessible to persons with disabilities. If assistive listening devices or other auxiliary aids or services are needed in order to participate in the public meeting, requests should be made through the Executive Assistant at least three (3) business days prior to the meeting.  The Executive Assistant’s telephone number is (909) 885-7980, and the office is located at 348 W. Hospitality Lane, Third Floor, San Bernardino, CA 92415.