Retirement Board · Mar 11, 2026
Wednesday3 h 04 min3 officials identified0 public speakers17 agenda itemsVideo: SFGovTV
The longest item after routine business: SFERS Annual Liquidity Management Update, 48 min of this 3 h 04 min meeting.
Click any time stamp on this page to jump the video there.
Agenda · 17 itemsShowHide
- 0:29Communications
- 3:46Return to open session
- 7:30Minutes of the February 11, 2026 Retirement Board Meeting
- 8:45General Public Comment
- 9:24Consent Calendar
- 10:16Proposed Changes in Actuarial Funding Methods Policy
- 28:44Review and accept results of the July 1, 2025 Actuarial Funding Valuation
- 54:50Adoption of Employer Contribution Rate for Fiscal Year 2026-27
- 59:20Annual Report
- 1:07:09CEO Report
- 1:11:30SFERS Annual Liquidity Management Update
- 1:59:32Quarterly Performance Update for Quarter ended Dec. 31, 2025
- 2:21:23Public Fixed Income and Cash Annual Update
- 2:43:56CIO Report
- 2:50:15SFDCP Monthly Report
- 2:56:07Review of SFDCP Investment Performance for the Second Half of 2025
- 3:02:57Retirement Board Member Good of the Order
What happened
Each sentence checked against the transcript.
- The board returned to open session after a closed-session conference with legal counsel on litigation, and a motion was moved to make that discussion public.3:37
- Item 9, adoption of the employer contribution rate for fiscal year 2026-2027, was presented, with staff recommending 16.68% before cost sharing.54:46
- A motion to adopt an employer contribution rate of 16.68% before cost sharing was announced as passing.58:03
Who spoke
3 officials identified · talk time, most first.
- Joseph Driscoll, CFA4.7 minFirst speaks at 57:19
- Leona M. BridgesActing president · 2.6 minFirst speaks at 0:19
- Scott HeldfondCommissioner · 0.9 minFirst speaks at 4:37
Public comment: 0 speakers.
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, Mar 11, 2026: San Francisco.” https://cities.myhamlet.com/sf/retirement/meetings/2026-03-11. Data as of Oct 9, 2026 (version d14b03c); meeting of Mar 11, 2026.


