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Retirement Board · Nov 12, 2025

Wednesday3 h 41 min3 officials identified1 public speaker26 agenda itemsVideo: SFGovTV

The longest item after routine business: Risk and Leverage Review, 1 h 16 min of this 3 h 41 min meeting.

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7 of 8 meetings transcribed, Oct 24, 2025 to Oct 23, 2026.This meeting: Nov 12, 2025
0:00:003:41:00

Click any time stamp on this page to jump the video there.

Agenda · 26 itemsShowHide
  1. 0:05Roll Callunder 1 min · Routine business
  2. 0:35Communications2 min · Routine business
  3. 2:37Discussion and Possible Action Closed Session1 min · Routine business
  4. 4:05General Public Comment1 min · General public comment
  5. 5:16Minutes of the September 10, 2025 Retirement Board Meeting1 min · Routine business
  6. 7:09Annual ESG Update47 min · Budget and spending
  7. 54:50Annual Report and Recommendation on Tobacco Divestment3 min · Budget and spending
  8. 58:40Annual Report and Recommendation on Targeted Divestment in Sudan2 min · Budget and spending
  9. 1:00:47Annual Report and Recommendation on Firearms Divestment1 min · Budget and spending
  10. 1:02:41Annual Report and Recommendation on Thermal Coal Divestment1 min · Budget and spending
  11. 1:04:32Annual Report and Recommendation on Russian Divestment2 min · Budget and spending
  12. 1:06:33Chief Investment Officer's Report6 min · Budget and spending
  13. 1:13:01Risk and Leverage Review1 h 16 min · Budget and spending
  14. 2:29:03Economic Assumptions Review & Selection of Assumptions for the July 1 Valuation30 min · Budget and spending
  15. 2:59:03Review/Accept Supplemental COLA Analysis1 min · City workforce and labor
  16. 3:00:49Governance Committee Report2 min
  17. 3:03:01Board Education Plan1 min
  18. 3:04:48Item title withheldit could name a private person · 1 min
  19. 3:06:31Board Meeting Schedule4 min · Routine business
  20. 3:10:54CEO Report6 min
  21. 3:17:50Deferred Compensation Committee Report1 min · City workforce and labor
  22. 3:18:54Q3 Plan Review6 min · Budget and spending
  23. 3:24:57SFDCP Large Cap Growth Equity - Active Manager recommendation9 min · Budget and spending
  24. 3:34:55Request for Proposal - Third Party Administrator/Recordkeeper2 min
  25. 3:37:51Retirement Board Member Good of the Order3 min · Routine business
  26. 3:40:55Adjournmentunder 1 min · Routine business

What happened

Each sentence checked against the transcript.

  1. After a closed session on item 3A, a motion not to disclose the discussion was made; it was announced that a motion to implement the terms of the recommended settlement had passed.3:22

Who spoke

3 officials identified · talk time, most first.

Public comment: 1 speaker.

How we count

Each summary sentence is checked against the transcript before it is published; in a blind check, 99 of 100 sentences were right. A voice gets an official’s name only when two AI readers and a code check agree, so the minutes undercount and are not attendance. Officials only: members of the public are counted, never named, shown or quoted, and full transcripts aren’t published because they can carry their names. More on how we know

Cite this page

Hamlet, “Retirement Board, Nov 12, 2025: San Francisco.” https://cities.myhamlet.com/sf/retirement/meetings/2025-11-12. Data as of Oct 9, 2026 (version d14b03c); meeting of Nov 12, 2025.