Page 7 - DCAC August 2024 Files

COUNTY OF SAN MATEO
DEFERRED COMPENSATION ADVISORY COMMITTEE Minutes for May 23, 2024

ROLL CALL

Present Absent
Lisa Okada Gabe Aponte
Gerimar JJ Tabbay Laurel Finnegan
Lilibeth Dames Steve Perry
Robert Raw Gina Wilson
Bridget Love

ORDERS OF THE DAY

Item 14 to be deferred. Otherwise, the order of the agenda was accepted as is.

PUBLIC COMMENTS

None.

TIME CERTAIN

1. 9:05am: Review and Discuss Past Crediting Issue in SAGIC Fund (Bob Gleason)

The DCAC accepted this presentation. Options for resolving the crediting issue and a
recommendation will be presented in the August 22 DCAC meeting.

2. 9:45am: Review and Action Regarding Comparison of Empower’s Lifetime Income Score
Versus Remotiv and Approve Changes to Offerings, As Needed (Rick Rodgers)

The DCAC accepted this presentation. No action was taken. The County will continue
to offer both products to participants and employees, respectively. Staff will work with
both Empower and Remotiv on opportunities to communicate collaboratively.

CONSENT ITEMS

3. Approve Minutes from February 22, 2024 (Jay Castellano)
4. Affirmation of Plan Document Compliance (Bob Gleason)

A motion was made to approve the Consent Items.

M/S/C Raw/Love/5-0

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